Monthly rent

$3,273

Beds

Baths

Sqft

1,603

Monthly rent	$3,273
Beds	3
Baths	2
Sqft	1,603

7 Hours Ago

Location

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

Tour 518 Prospect St #1353834P

Contact

Blueground Us

BLUEGROUND

(844) 243-9479 ext. 5549

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	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

The advertised rate of $3,273/month is the lowest available price, based on a 30 day(s) stay with a move-in date of August 18, 2026. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be higher if billed in multiple payments. 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 88% more than the average rent price for 3-bedroom apartments in Near Southside.

Median rents as of Apr 25 2026.

Near Southside

Indianapolis

A table of 3-bedroom apartment rental data trends in Indianapolis
Month	Median Rent
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	$1,598
February 2026	$1,599
March 2026	$1,599
April 2026	$1,600

A table of 3-bedroom apartment rental data trends in Near Southside
Month	Median Rent
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	$1,788
February 2026	$1,713
March 2026	$1,693
April 2026	$1,735

Affordability calculator

Can I afford to live at 518 Prospect St #1353834P?

Bedrooms

3 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.

The general rule of thumb is to spend around 30% or less of your income on rent.

Recommended income

$130,920/yr

With your selected rent-to-income ratio, you'd ideally want to make $130,920 annually to afford this 3-bedrooms monthly rent price of $3,273.

For more information on rent affordability, visit our rent calculator.

Schools near 518 Prospect St #1353834P

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

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Amenities for 518 Prospect St #1353834P, Near Southside

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About 518 Prospect St #1353834P

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Schools near 518 Prospect St #1353834P

Frederick Douglass School 19

Impact Academy

Impact Academy 3

Impact Academy 2

Rise Learning Center

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