5+ Days Ago
Location
206 Melrose Street, Jonesboro, Arkansas 72401, United States
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Property Overview
206 Melrose St offers a range of appealing features, including a spacious layout and modern amenities. The location is ideal for those seeking convenience, with easy access to local attractions and essential services. Overall, this property stands out for its blend of comfort, practicality, and desirable characteristics.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space- Images available
Great for
Social life
Amenities for 206 Melrose Street
Apartment Amenities
| Central Air |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 206 Melrose Street
Property Status: Active Welcome to the Commercial Market 206 Melrose Street of Jonesboro, Arkansas. Opportunity knocks! 800 sf of high traffic, rentable space conveniently located near Arkansas State University, NEA Baptist Memorial Hospital, and downtown. Notable features include: plenty of parking available and estimated daily traffic counts of 20,000, security cameras, outdoor lighting, 5 x 10 sign, and seller replaced the roof in December of 2020, all electric HVAC units in 2013. The possibilities are plenty. NNN lease. Call today to schedule your tour and make an investment in tomorrow. Office Phone: (870) 336-1008 Copyright © 2025 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 206 Melrose Street compares to other nearby properties.
Positives
- More space
- Studio is 350 sqft larger than other listings nearby
- Images available
- There are at least 10 photos of this address
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
- Greater distance from high schools
- The nearest high school is farther than 2 miles away
Address details
| Zip code | 72401 |
|---|---|
| Type | House for rent |
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Rent trends in Jonesboro
studio apartments at 206 Melrose Street cost about 8% less than the average rent price for studio apartments in Jonesboro.
Median rents as of Dec 6 2025.
Jonesboro
| Month | Median Rent |
|---|---|
| December 2023 | $788 |
| January 2024 | $781 |
| February 2024 | $800 |
| March 2024 | $1,010 |
| April 2024 | $1,500 |
| May 2024 | $1,500 |
| June 2024 | $800 |
| July 2024 | $800 |
| August 2024 | $800 |
| September 2024 | $800 |
| October 2024 | $800 |
| November 2024 | $1,150 |
| December 2024 | $1,325 |
| January 2025 | $1,047 |
| February 2025 | $800 |
| March 2025 | $800 |
| April 2025 | $975 |
| May 2025 | $1,080 |
| June 2025 | $975 |
| July 2025 | $800 |
| August 2025 | $738 |
| September 2025 | $712 |
| October 2025 | $710 |
| November 2025 | $770 |
| December 2025 | $600 |
Affordability calculator
Can I afford to live at 206 Melrose Street?
Bedrooms
StudioRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$22,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $22,000 annually to afford this studio monthly rent price of $550.
For more information on rent affordability, visit our rent calculator.
Schools near 206 Melrose Street
Early Childhood Learning Center
1307 flint st
jonesboro, AR, 72401
PKPublic
Kindergarten Center
618 w nettleton ave
jonesboro, AR, 72401
KPublic
A-
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Internet available near 206 Melrose Street
Getting around Jonesboro near 206 Melrose Street
Walking
3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 206 Melrose Street, Jonesboro
Groceries
3/10
No grocery stores within walking distance
Shopping
5/10
Variety of shops within walking distance
Cafes
6/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
0/10
No elementary schools within a 30-minute walk
High schools
0/10
No high schools within a 30-minute walk
Nightlife
1/10
Few or no bars within walking distance
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