3 bedroom 1 1/2 bath HISTORICAL FOUNTAIN SQUARE – photo 1
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3 bedroom 1 1/2 bath HISTORICAL FOUNTAIN SQUARE

📍 1527 Prospect Street, Indianapolis, IN 46203

Monthly Rent

$500 – $10,700

Bedrooms

3 bd

Bathrooms

1.5 ba

Sq Feet

1150 sq ft

Updated 10 days ago

📋 Property Overview

At 3 bedroom 1 1/2 bath HISTORICAL FOUNTAIN SQUARE you get 3 bd / 1.5 ba. The floor plan measures 1150 sq ft. Rents run from $500 to $10,700 a month. Inside, the home includes air conditioning, recently renovated, range and refrigerator. On site there is dogs allowed, cats allowed and accepts section 8. Pets are allowed (cats and dogs). With a Walk Score of 78, most errands can be done on foot. Transit Score is 38. Rent is well below the area median of $1,350.

🚶 Getting Around

  • Walk Score78/100

    Very Walkable

  • Transit Score38/100

    Some Transit

4 transit routes nearby

  • 4Bus
3 bedroom · typical rent nearby$1,845

Market trend: Falling · as of August 2026

💵 Costs & Lease

Deposit
$595

Amounts are as published by the source and may change. Confirm before applying.

📐 Floor Plan Details

  • 3BR/1BA3 bd · 1.5 ba · 1,150 sq ft$1,200

🧾 Move-in Costs & Lease

Security deposit
$595
Application fee
$60 per applicant, paid to RivoRent

Property amounts are as published by the source and may change. Confirm before applying. The application fee is RivoRent's own and is the same on every listing.

🛡️ Renters Insurance — Estimated Cost

Estimated range for Indiana at $20,000 – $24,999 of personal property

$14–$16/ monthEstimate — not a quote

About $177–$185 a year.

Based on what Indiana renters actually paid: NAIC industry data for 2023 (average HO-4 premium, 388,827 policy-years), adjusted to July 2026 with the U.S. Bureau of Labor Statistics tenants' insurance index. It is a market average, not a price for this building and not a price for you.

Your own price depends most on your credit-based insurance score, your claims history and which carrier you choose. In published Ohio figures the same coverage ranges from $127 a year at excellent credit to $933 at poor credit. We do not ask for any of that, so we cannot narrow this for you.

Compare what companies charge and get a real quote

🏠 Inside the Home

  • Recently renovated
  • Air conditioning
  • Range
  • Refrigerator

🏢 In the Building

  • Dogs allowed
  • Cats allowed
  • Accepts section 8

✅ Who Qualifies

Must have 3x the rent in total household income (before taxes)

🐾 Pets

Pets
Allowed
Types
Cats, Dogs
Limit
1 pet

✨ Features & Details

  • Pet Friendly
  • Recently renovated
  • Air conditioning
  • Range
  • Refrigerator
  • Accepts section 8
  • Cats allowed
  • Dogs allowed
  • 3 bd
  • 1.5 ba
  • 1150 sq ft

📊 Property Facts

Walk Score
78 · Very Walkable
Transit Score
38 · Some Transit

🎓 Nearby Schools

  • William McKinley School 39 · PK-65/10 · 0.5 mi
  • Southeast Neighborhood School of Excellence (SENSE) · K-82/10 · 0.6 mi
  • SUPER School 19 · PK-81/10 · 0.9 mi
  • James A. Garfield School 31 · K-82/10 · 1.2 mi
  • Eleanor Skillen Elementary School 34 · PK-61/10 · 1.2 mi
  • Emmerich Manual High School · 9-121/10 · 1.7 mi
  • Arsenal Technical High School · 9-121/10 · 1.7 mi
  • Thomas D. Gregg School 15 · PK-62/10 · 1.7 mi
  • H.L. Harshman Magnet Middle School · 7-82/10 · 1.9 mi
  • Christel House Academy - South · K-123/10 · 2.0 mi

🏡 Floor Plans

Not every unit at this property is listed here. Prices start at $500.

  • 3BR/1BA

    $1,200

❓ Frequently Asked Questions

$500 – $10,700

per month

Contact for availability
3 bd
1.5 ba
1150 sq ft

Use the buttons at the bottom of the screen to schedule a tour or apply online. Applications are reviewed within 1–3 business days.

💬 Questions about this property?

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