Monthly rent

Beds

Baths

Sqft

1,603

Monthly rent	-
Beds	3
Baths	2
Sqft	1,603

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Location

518 Prospect St #1353834P, Indianapolis, IN 46203, USA|Near Southside

Amenities for 518 Prospect St #1353834P, Near Southside

Apartment Amenities

Air Conditioning	Central Heat
Furnished	Hanger
Has View	Kettle
Linen Towel	Private Entrance
Shampoo	Shower
Toaster	TV

Appliances

Blender	Coffee Machine
Dishwasher	In-Unit Laundry
Iron	Microwave
Oven	Refrigerator
Stove

Tech

WiFi

Building

Smoke Detector

Grounds

Assigned Parking	Garden
Outdoor Space	Shared Garden

Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

About 518 Prospect St #1353834P

Feel at home in this charming 3-bedroom apartment in Indianapolis. Nestled just steps from the vibrant Fountain Square district and only minutes from Downtown Indianapolis, this inviting apartment offers the perfect mix of comfort, convenience, and local charm. This apartment features a bright, modern living area with cozy furnishings, a fully equipped kitchen, high-speed Wi-Fi, and a smart TV. Fresh linens and thoughtful amenities ensure a stress-free stay. Free parking is available on the property. Explore the vibrant Fountain Square district, known for its eclectic restaurants, coffee shops, live music, and art galleries. Downtown Indianapolis is just minutes away, with easy access to Lucas Oil Stadium, Gainbridge Fieldhouse, the Zoo, and the Children’s Museum. Fountain Square is highly walkable, and downtown Indianapolis is less than 5 minutes by car or rideshare. The Cultural Trail, a popular bike and pedestrian path, runs right through Fountain Square and leads directly into downtown. IndyGo bus routes connect Fountain Square to downtown and other parts of the city. There is a $100 penalty fee for removing smoke detectors. Smoking inside or outside on the patio, balcony, parking lot, or within 50ft of the property is strictly prohibited, and any smell noticed by cleaners or any physical evidence of smoking will result in a fine of $300 to cover the cost of deep cleaning and ozone treatment. Parties and events are strictly prohibited, and any evidence of a party or event will result in a fine of $500, legal action, and possible eviction without reimbursement, plus the cost of any extra cleaning or damages. An unauthorized animal/pet fee is $250. Any evidence of willful or negligent loss or damage to the property will be charged at direct replacement cost plus a fine of up to $300. Guests are required to keep towels and linens in good condition, and any permanent stains on towels or linens will fall into the category of negligent damage. Any evidence of a guest breaking posted house rules can result in a fine of up to $1000 and/or eviction from the property. Unapproved late checkout will result in a $50 charge for every hour after the scheduled checkout time. Check-in details will be sent on the day of check-in. All guests are screened using a third-party partner. No weapons, firearms, drugs, or illegal sexual activity of any sort are allowed, and violators will be reported to police and the contract will be terminated immediately. Guests staying longer than 28 days will be responsible for paying utilities used during their stay.

Neighborhood

Near Southside

Zip code

46203

Type

Apartment for rent

Rent trends in Near Southside

3-bedroom apartments at 518 Prospect St #1353834P cost about 39% more than the average rent price for 3-bedroom apartments in Near Southside.

Median rents as of Jan 3 2026.

Near Southside

Indianapolis

A table of 3-bedroom apartment rental data trends in Indianapolis
Month	Median Rent
February 2024	$1,547
March 2024	$1,578
April 2024	$1,598
May 2024	$1,619
June 2024	$1,628
July 2024	$1,637
August 2024	$1,618
September 2024	$1,598
October 2024	$1,611
November 2024	$1,595
December 2024	$1,586
January 2025	$1,596
February 2025	$1,605
March 2025	$1,655
April 2025	$1,680
May 2025	$1,697
June 2025	$1,695
July 2025	$1,652
August 2025	$1,609
September 2025	$1,599
October 2025	$1,598
November 2025	$1,581
December 2025	$1,585
January 2026	$1,599

A table of 3-bedroom apartment rental data trends in Near Southside
Month	Median Rent
February 2024	$1,599
March 2024	$1,564
April 2024	$1,555
May 2024	$1,530
June 2024	$1,644
July 2024	$1,668
August 2024	$1,615
September 2024	$1,545
October 2024	$1,529
November 2024	$1,485
December 2024	$1,529
January 2025	$1,637
February 2025	$1,687
March 2025	$1,833
April 2025	$1,528
May 2025	$1,458
June 2025	$1,543
July 2025	$1,557
August 2025	$1,531
September 2025	$1,531
October 2025	$1,586
November 2025	$1,603
December 2025	$1,712
January 2026	$1,735

Points of interest for 518 Prospect St #1353834P, Indianapolis

Groceries

6/10

At least one supermarket within a 20-minute walk

Shopping

5/10

Several shops within walking distance

Cafes

5/10

Some cafés within a few minutes’ walk

Restaurants

6/10

Variety of restaurants within a few minutes' walk

Primary schools

8/10

At least one elementary school within a 15-minute walk

High schools

8/10

At least one high school within a 15-minute walk

Parks

6/10

Moderate amount of park space nearby

Nightlife

5/10

Some bars within a few minutes’ walk

518 Prospect St #1353834P518 Prospect St #1353834P, Indianapolis, IN 46203, USA

Location

Amenities for 518 Prospect St #1353834P, Near Southside

Policies and fees

Applicants

Applicants

Applicants

Applicants

REQUIRED FEES

Move-In Fees

Move-In Fees

Security Deposit

Parking

Parking

Parking Policy

Pets

Pets

Dog Policy

Cat Policy

Property details

About 518 Prospect St #1353834P

Address details

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Schools near 518 Prospect St #1353834P

Frederick Douglass School 19

Ips - Butler Lab at William Bell 60

Francis Bellamy Pre-School Center

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Points of interest for 518 Prospect St #1353834P, Indianapolis

Groceries

Shopping

Cafes

Restaurants

Primary schools

High schools

Parks

Nightlife

Property types near Near Southside

Property types near Near Southside

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Near Southside by amenities

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518 Prospect St #1353834P
518 Prospect St #1353834P, Indianapolis, IN 46203, USA