5 Hours Ago
Location
518 Prospect St #1357365P, Indianapolis, IN 46203, USA|Near Southside
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Amenities for 518 Prospect St #1357365P, Near Southside
Apartment Amenities
| Air Conditioning | Central Heat |
| Furnished | Hanger |
| Has View | Kettle |
| Linen Towel | Private Entrance |
| Shampoo | 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 |
Services
| Package Service |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Parking Policy
Assigned Parking
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 1–12 months |
|---|
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About 518 Prospect St #1357365P
The advertised rate of $2,601/month is the lowest available price, based on a 30 day(s) stay with a move-in date of August 15, 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, centrally located and offering the perfect blend of comfort, convenience, and local flavor. Nestled just steps from the vibrant Fountain Square district, you’ll be surrounded by eclectic restaurants, coffee shops, live music venues, and art galleries—all while being only minutes from Downtown Indianapolis. This inviting apartment offers a bright, modern living area with cozy furnishings for relaxing evenings. It features three comfortable bedrooms ideal for families, couples, or colleagues sharing a stay, and a fully equipped kitchen for home-cooked meals or quick breakfasts. High-speed Wi-Fi and a smart TV keep you connected and entertained, with fresh linens and thoughtful amenities to make your stay stress-free. Free parking is available on the property. Step outside and 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. The neighborhood is highly walkable, with restaurants, coffee shops, bars, and entertainment just steps away. IndyGo bus routes connect Fountain Square to downtown and other parts of the city, and the Cultural Trail, a popular bike and pedestrian path, runs right through Fountain Square and leads directly into downtown. Smoking is strictly prohibited inside or outside on the patio/balcony, parking lot, or within 50ft of the property, with a $300 fine for any smell or physical evidence of smoking. Parties and events are strictly prohibited, with evidence of a party or event resulting in a $500 fine, legal action, and possible eviction without reimbursement, plus the cost of any extra cleaning or damages. 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 and will be asked to provide a copy of their official government-issued photo ID, confirm their contact information, provide a valid credit card with a name that matches their ID, pass through a verification portal, and pay a security deposit. Mail and package delivery directly to the building/apartment is discouraged; it is recommended to make use of a nearby pickup/drop-off location. There is a potential for noise as this is a quiet residential neighborhood and building, and noise can transfer easily to neighbors through walls and floors. Includes high-speed Wi-Fi and a smart TV.
518 Prospect St #1357365P is great for:
Address details
| Neighborhood | Near Southside |
|---|---|
| Zip code | 46203 |
| Type | Apartment for rent |
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Rent trends in Near Southside
3-bedroom apartments at 518 Prospect St #1357365P cost about 49% more than the average rent price for 3-bedroom apartments in Near Southside.
Median rents as of Jun 6 2026.
Near Southside
Indianapolis
| Month | Median Rent |
|---|---|
| June 2024 | $1,630 |
| 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 |
| May 2026 | $1,635 |
| June 2026 | $1,650 |
| Month | Median Rent |
|---|---|
| June 2024 | $1,750 |
| 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 |
| May 2026 | $1,740 |
| June 2026 | $1,750 |
Affordability calculator
Can I afford to live at 518 Prospect St #1357365P?
Bedrooms
3 bedroomsRent-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
$104,040/yr
With your selected rent-to-income ratio, you'd ideally want to make $104,040 annually to afford this 3-bedrooms monthly rent price of $2,601.
For more information on rent affordability, visit our rent calculator.
Schools near 518 Prospect St #1357365P
Frederick Douglass School 19
2020 dawson st
indianapolis, IN, 46203
PK, K-8Public
C-
Impact Academy
320 n tibbs ave
indianapolis, IN, 46222
K-12Public
D
Impact Academy 3
320 n tibbs ave
indianapolis, IN, 46222
K-12Public
Impact Academy 2
320 n tibbs ave
indianapolis, IN, 46222
K-12Public
Rise Learning Center
5391 s shelby st
indianapolis, IN, 46227
PK, K-12Public
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Internet available near 518 Prospect St #1357365P
Getting around Indianapolis near 518 Prospect St #1357365P
Walking
5/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 518 Prospect St #1357365P, 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
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