Last Updated: 7 Hrs. Ago

Total Monthly Price

$4,029

Beds

3

Baths

2

* Price shown is total price based on community-supplied monthly required fees. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Note: Prices and availability subject to change without notice.

Lease Terms

1 - 12 Month Leases

About 518 Prospect St

The advertised rate of $4,029/month is the lowest available price, based on a 30 day(s) stay with a move-in date of May 2, 2027. 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, perfectly situated in a centrally located and walkable neighborhood. This inviting space offers a comfortable retreat just steps from the vibrant Fountain Square district and minutes from Downtown Indianapolis. This inviting apartment is designed to meet your needs, featuring a bright, modern living area with cozy furnishings, three comfortable bedrooms, and a fully equipped kitchen ideal for preparing home-cooked meals. Stay connected and entertained with high-speed WiFi and a smart TV. Fresh linens and thoughtful amenities are provided to ensure a stress-free stay. Free street parking is typically available near the property, and rideshare services like Uber and Lyft are widely used. For guests staying longer than 28 days, utilities used during their stay will be their responsibility. Explore the vibrant Fountain Square district, known for its eclectic restaurants, coffee shops, live music venues, and art galleries, all just steps away. Downtown Indianapolis is only minutes away, offering easy access to Lucas Oil Stadium, Gainbridge Fieldhouse, the Zoo, and the Children’s Museum. The neighborhood is highly walkable, with vintage shops, cocktail bars, and local entertainment right outside your door. The Cultural Trail, a popular bike and pedestrian path, runs through Fountain Square and leads directly into downtown. This is a quiet residential neighborhood and building, and noise can transfer easily to neighbors. There is a $100 penalty fee for removing smoke detectors. 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 evidence of smoking. Parties and events are strictly prohibited, with a $500 fine, legal action, and possible eviction for any evidence of a party or event. Unauthorized pets will incur a $250 fee. 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. 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 contact information, provide a valid credit card, pass through a verification portal, and pay a security deposit. Direct delivery of mail and packages to the building/apartment is discouraged; use a nearby pickup/drop-off location. Includes high-speed WiFi and a smart TV to keep you connected and entertained. Managed by MGM Properties, where every stay is designed for comfort, design, and peace of mind. [SI]

518 Prospect St is located in Indianapolis, Indiana in the 46203 zip code.

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Special Features

  • SharedYard

Community Features

  • Corporate Suites

Floorplan Amenities

  • Wi-Fi
  • Air Conditioning
  • Heating
  • Dishwasher
  • Kitchen
  • Microwave
  • Oven
  • Refrigerator
  • Freezer
  • Furnished
  • Garden

Airport

  • Indianapolis International

    Drive: 25 min 13.5 mi

Commuter Rail

  • Indianapolis

    Drive: 2 min 1.2 mi

Universities

Parks & Recreation

  • Garfield Park Conservatory and Sunken Gardens

    Drive: 4 min 1.6 mi
  • Garfield Park

    Drive: 5 min 1.8 mi
  • University Park

    Drive: 4 min 2.0 mi
  • Indiana State Museum

    Drive: 4 min 2.1 mi
  • White River Gardens

    Drive: 7 min 3.1 mi

Shopping Centers & Malls

Similar Nearby Apartments with Available Units

  • = This Property
  • = Similar Nearby Apartments

Ratings

Walkability

NR
Not Rated

Transit

NR
Not Rated

Bikeability

NR
Not Rated
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