$1,304 - $2,561
Fees may apply
- Studio+
- 1+ ba
- 400+ sqft
Rise on Meridian
For rent
518 Prospect St
Indianapolis, IN 46203
Apartment building
3-6 beds
Available units
To contact, request a tour, or apply, select a unit below. Each unit has its own contact details.
Price may not include required fees and charges.
 Unit ID1357365P 3 bd, 2 ba | 1,614 | Apr 25 | Fees may apply $3,121 |
 Unit ID1353834P 3 bd, 2 ba | 1,603 | Feb 25 | Fees may apply $4,885 |
What's special
Fully equipped kitchenSmart tvCozy furnishingsHigh-speed wifiThree comfortable bedrooms
Facts, features & policies
Unit features
Appliances
- Dishwasher
- Microwave oven
- Refrigerator
Neighborhood: Near Southside
Areas of interest
Use our interactive map to explore the neighborhood and see how it matches your interests.
Travel times
Getting around
Walk Score®
 / 100
Very WalkableTransit Score®
 / 100
Some TransitBike Score®
 / 100
Very BikeableNearby schools in Indianapolis
HW Longfellow Med/STEM Magnet Midl
Grades 6-8 • 0.9 miles5/10
GreatSchools® Rating
Test Score Rating
2/10Academic Progress Rating
8/10Edison School of the Arts 47
Grades K-8 • 1.5 miles4/10
GreatSchools® Rating
Test Score Rating
2/10Academic Progress Rating
5/10Arsenal Technical High School
Grades 9-12 • 1.8 miles2/10
GreatSchools® Rating
College Readiness Rating
2/10Living in Indianapolis
Near Southside sits just south of downtown Indianapolis, with a largely urban setting and convenient access to the city center. Its history is reflected in older residential buildings and nearby landmarks, including the Indiana Avenue area and the former Union Station. Outdoor options include South Street Park, while the Cultural Trail and nearby downtown green spaces offer routes for walking and biking. Local dining and coffee spots mix with neighborhood services, and downtown adds shopping, arts venues, and nightlife within easy reach. The area is served by city streets and bus routes, with connections to major roads for trips across Indianapolis. Rental data for the Near Southside neighborhood show a median rent of $1,789 per month and a typical range of $650 to $12,317.
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Nearby apartments for rent
Listing order may reflect relevance, quality, and paid promotion.
Frequently asked questions
Where is 518 Prospect St located, and what is the neighborhood like?
518 Prospect St is located at 518 Prospect St in Near Southside, Indianapolis, IN. The surrounding area includes multiple restaurants and cafes within 2 miles, such as Bosphorus Istanbul Cafe, Bluebeard, and Calvin Fletcher's Coffee Company.
What hospitals and medical facilities are near 518 Prospect St?
The closest hospitals and medical facilities to 518 Prospect St include HealthNet Southeast Health & Dental Center (0.5 miles away), Shimp Optical (0.6 miles away), and IU Health Radiology - Artistry (1 mile away).
What schools are assigned to 518 Prospect St?
The schools assigned to 518 Prospect St include HW Longfellow Med/STEM Magnet Midl, Edison School of the Arts 47, and Arsenal Technical High School.
What are the grocery stores and everyday shopping options near 518 Prospect St?
518 Prospect St is located near 4 grocery stores, including Tex-Mex Supermarket (0.1 miles) and Whole Foods Market (1 mile). Additional shopping options, including Murphy Arts Building, are approximately 0.5 miles away.
What colleges and universities are near 518 Prospect St?
518 Prospect St is located within 1 mile of Indiana University Kelly School of Business 2012 Graduation, 1 mile of Ball State CAP Indy, and 1 mile of Indiana University School of Medicine 2012 Graduation.
