518 Prospect St, Indianapolis, IN 46203
What This Apartment Offers
The advertised rate of $2,231/month is the lowest available price, based on a 30 day(s) stay with a move-in date of December 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 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. [SI]
Unit SI ID1357365P
- $2,231
Total Monthly Price - 3 Beds
- 2 Baths
- 1614 sq. ft.
- Available Aug 2
Apartment Features
- Air Conditioning
- Balcony
- Dishwasher
- Freezer
- Furnished
- Garden
- Heating
- Kitchen
- Microwave
- Oven
- Refrigerator
- Washer/Dryer
- Wi-Fi
Community Features
- Corporate Suites
518 Prospect St Unit SI ID1357365P is an apartment for rent in Indianapolis, IN
Explore Commute Options
- Drive Time--
- Walk Time--
- Bike Ride Time--
- Public Transit--

Get In Touch
Indianapolis, IN 46203

Area Scores
Walkability
Fairly walkable50 / 100
Transit
Limited public transit30 / 100
Driveability
Exceptionally drivable100 / 100
Bikeability
Fairly bikeable50 / 100
Travel and Transit


Local Education
Colleges and Universities
School
Commute Time (Distance)
IU - Indianapolis
Drive: 7 min (3.1 mi)
IU - School of Medicine
Drive: 7 min (3.2 mi)
University of Indianapolis
Drive: 8 min (4.3 mi)
Ivy Tech Community College
Drive: 9 min (4.5 mi)
Discover Bates-Hendricks, Indianapolis, IN
Shopping Centers
Shoppers will appreciate 518 Prospect St Unit SI ID1357365P proximity to CityWay and Circle Centre. CityWay is 1.1 miles away, and Circle Centre is within a 24 minute walk.
Commuting
With a TransitScore of 30, 518 Prospect St Unit SI ID1357365P has limited public transit, including 1 transit stop within 1.2 miles. Transit options include Indianapolis.
Parks and Recreation
Recreational activities near 518 Prospect St Unit SI ID1357365P are plentiful. Discover 5 parks within 3.1 miles, including University Park, Garfield Park, and Garfield Park Conservatory and Sunken Gardens.
Airports
Living in Bates-Hendricks provides easy access to Indianapolis International, located just 25 minutes from 518 Prospect St Unit SI ID1357365P.
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