518 Prospect St, Indianapolis, IN 46203

The advertised rate of $3,038/month is the lowest available price, based on a 30 day(s) stay with a move-in date of August 13, 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 centrally located 3-bedroom apartment in Indianapolis. This inviting apartment offers the perfect mix of comfort, convenience, and local charm.
This space is designed to meet your needs and 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 are provided.
Free parking is available on the property.
Located in the vibrant Fountain Square district, this apartment is steps away from eclectic restaurants, coffee shops, live music venues, 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. Explore vintage shops, cocktail bars, and local entertainment right outside your door. Fountain Square is a walkable, historic district known for its charm and proximity to downtown. 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. Violators will be reported to police and the contract will be terminated immediately for weapons, firearms, drugs, or illegal sexual activity of any sort. There is a zero-tolerance policy for parties and smoking anywhere on the premises. Following multiple warnings, local law enforcement will be utilized to ensure compliance. Should removal be required, it will be done at the guest's expense. Unapproved late checkout will result in a $50 charge for every hour after the scheduled checkout time. Smoking inside or outside on the patio/balcony, parking lot, or within 50ft of the property is strictly prohibited, as this is a smoke-free community. Any smell noticed by cleaners in the house, and/or any physical evidence of smoking any substance in the home will result in a fine of $300.00 to cover the cost of deep cleaning and ozone treatment. Parties and events are strictly prohibited. Any evidence of a party or event, including camera footage, excessive garbage, or other evidence will result in a fine of $500.00, legal action, and possible eviction without reimbursement, plus the cost of any extra cleaning or damages that result from the event. There is a $250.00 fee for an unauthorized animal/pet. Any evidence of willful or negligent loss or damage to the property, furnishings, decoration, landscaping, towels, linens, or other items will be charged at direct replacement cost plus a fine of up to $300.00. Any evidence of a guest breaking posted house rules, including exceeding the occupancy listed by the guest on the reservation, parking restrictions, pool rules, illegal substances, or use of the property can result in a fine of up to $1000.00 and/or eviction from the property. Check-in details will be sent on the day of check-in. Check out time is 11 am (unless otherwise approved). This is a quiet residential neighborhood and building, and noise can transfer easily to neighbors through walls and floors.
Guests have full access to the home and yard. [SI] Read More