2 Days Ago
Highlights
- Fitness center
- Balcony
- Dog park
- Fire pits
- Large walk-in closet
- Included washer & dryer
Location
506 S Melrose St, Anaheim, CA 92805, USA|The Colony
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Amenities for 506 S Melrose St, The Colony
Features
| 2 Floors | Balcony |
| Carpet | Central Air |
| Walk-in Closet |
Appliances
| In-Unit Laundry |
Community
| Fitness Center | Onsite Laundry |
Grounds
| 2 Parking Spaces | Garage Parking |
| Outdoor Space | Storage |
| Swimming Pool |
Other
| View Type: None |
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.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 506 S Melrose St
Property Status: Active This light & bright Colony Park 2-bedroom condo has all the main living space on level 2 with new paint, carpet and laminate flooring throughout. Kitchen is equipped with granite countertops w/oversized island, white Thermofoil cabinets & included stainless steel appliances, which opens up to your open concept living room with white accent wall. From this level, there is also access to the balcony. The master retreat houses a large walk-in closet and en-suite bath with dual sinks and combination soaking tub/shower with glass enclosure. You will also find the secondary bedroom with walk-in closet, full bath in the hallway and laundry room with included washer & dryer. This unit also has a tandem 2-car garage and an enclosed front patio with storage closet. You can also enjoy Colony Park's many amenities: 3 pools, 2 spas, 3 clubhouses, BBQs, fire pits, security, fitness center, dog park, gorgeous landscaping and a neighborhood park. This home is located down the street from the popular Anaheim Packing House, Villains Brewing & a quick drive to Disneyland, Angel Stadium & the Honda Center/OC Vibe. $10 per month admin fee applies. Pets considered with monthly pet ret. Office Phone: (619) 248-6434 Copyright © 2026 California Regional Multiple Listing Service, Inc. 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 506 S Melrose St compares to other nearby properties.
Positives
- More space
- The 2-bedroom is 122 sqft larger than other listings nearby
- Elementary school nearby
- There is an elementary school 0.3 mile away
- Images Available
- There are at least 10 photos of this address
- Walk-in closet
- More closet space on average
Address details
| Neighborhood | The Colony |
|---|---|
| Zip code | 92805 |
| Type | Condo for rent |
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Rent trends in The Colony
2-bedroom apartments at 506 S Melrose St cost about 34% more than the average rent price for 2-bedroom apartments in Anaheim.
Median rents as of May 16 2026.
The Colony
Anaheim
| Month | Median Rent |
|---|---|
| June 2024 | $2,662 |
| July 2024 | $2,650 |
| August 2024 | $2,670 |
| September 2024 | $2,695 |
| October 2024 | $2,695 |
| November 2024 | $2,671 |
| December 2024 | $2,662 |
| January 2025 | $2,645 |
| February 2025 | $2,623 |
| March 2025 | $2,681 |
| April 2025 | $2,671 |
| May 2025 | $2,684 |
| June 2025 | $2,698 |
| July 2025 | $2,653 |
| August 2025 | $2,643 |
| September 2025 | $2,633 |
| October 2025 | $2,624 |
| November 2025 | $2,652 |
| December 2025 | $2,642 |
| January 2026 | $2,682 |
| February 2026 | $2,697 |
| March 2026 | $2,657 |
| April 2026 | $2,666 |
| May 2026 | $2,682 |
| Month | Median Rent |
|---|---|
| June 2024 | $2,756 |
| July 2024 | $2,748 |
| August 2024 | $2,647 |
| September 2024 | $2,760 |
| October 2024 | $2,696 |
| November 2024 | $2,704 |
| December 2024 | $2,623 |
| January 2025 | $2,657 |
| February 2025 | $2,681 |
| March 2025 | $2,593 |
| April 2025 | $2,466 |
| May 2025 | $2,602 |
| June 2025 | $2,667 |
| July 2025 | $2,600 |
| August 2025 | $2,591 |
| September 2025 | $2,559 |
| October 2025 | $2,497 |
| November 2025 | $2,457 |
| December 2025 | $2,429 |
| January 2026 | $2,483 |
| February 2026 | $2,545 |
| March 2026 | $2,477 |
| April 2026 | $2,499 |
| May 2026 | $2,524 |
Affordability calculator
Can I afford to live at 506 S Melrose St?
Bedrooms
2 bedroomsRent-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
$134,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $134,000 annually to afford this 2-bedrooms monthly rent price of $3,350.
For more information on rent affordability, visit our rent calculator.
Schools near 506 S Melrose St
Thomas Jefferson Elementary School
504 e s st
anaheim, CA, 92805
K-6Public
C+
Anaheim Elementary Online Academy
2000 w ball rd
anaheim, CA, 92804
K-6Public
B-
Ousd Edge Virtual Academy
250 s yorba
orange, CA, 92869
K-12Public
Bousd Online Academy
1 civic center cir
brea, CA, 92822
K-6Public
A
Occs:Chep/Pchs
14262 franklin ave ste 100
tustin, CA, 92780
K-12Public
B+
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Internet available near 506 S Melrose St
Getting around Anaheim near 506 S Melrose St
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 506 S Melrose St, Anaheim
Groceries
9/10
At least one supermarket within a 10-minute walk
Shopping
7/10
Several shops within a few minutes’ walk
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
7/10
Variety of restaurants within a few minutes' walk
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
4/10
Some bars within walking distance
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Bake Lab Anaheim & Bizen Bar
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