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Melrose Place is rated highly across multiple categories, achieving a Zumper Expert Rating of 9.1, reflecting its desirability for renters. The property excels in amenities with a perfect score of 10, featuring stainless steel appliances, a pool area, and a community center, while maintaining competitive pricing and a prime location near top-rated schools and various social venues. Additionally, it supports a vibrant lifestyle with pet-friendly features, making it an attractive choice for diverse residents seeking quality living in a well-connected area.
Things you’ll love
Less expensiveMiddle school nearbyHigh school nearbyGreat for
Pet owners
Social life| 1x1 -W/D [LARGE, 2nd Floor, Corner] | 1 bed | 1 bath | 520 sqft | $997 /mo | 1 unit available | Melrose Place is an apartment building located in Southside, in the 5 Points Neighborhood. The apartments were fully renovated in the 2010s with grey vinyl flooring, stainless steel appliances, updated lighting, and a refresh at the pool. Each apartment features a washing machine/dryer and dishwasher, along with central heating and air. Outside, the community has a security gate with a lock code, a community center area with outdoor chairs and tables, and a pool area. New residents must set up their electric accounts with Alabama Power. Book a tour directly through our website at h2realestate.com! Costs: $75 Per Application $400 Security Deposit $200 Administration Fee $20 Initial Water Start-Up Fee $39.50-49.50 Monthly Service Fees Monthly Water/Sewer Charges Vary All Pets Are Welcome! $300 Initial Pet Fee $15 Monthly Pet Fee (Per Pet) 3D Tour: https my matterport com show ?m=mhHh3reEDDM |
Let's explore this property.
Apartment Amenities
| Air Conditioning |
Appliances
| In-Unit Laundry | Microwave |
| Oven | Range |
| Refrigerator | Stove/Oven |
| Washer and Dryer |
Building
| Cats OK | Dogs OK |
| HVAC |
Grounds
| Off-Street Parking | Swimming Pool |
| Allowed | |
|---|---|
| Limit | 1 |
| Allowed | |
|---|---|
| Limit | 1 |
| Units | 36 |
|---|
Melrose Place is an apartment building located in Southside, in the 5 Points Neighborhood. The apartments were fully renovated in the 2010s with grey vinyl flooring, stainless steel appliances, updated lighting, and a refresh at the pool. Each apartment features a washing machine/dryer and dishwasher, along with central heating and air. Outside, the community has a security gate with a lock code, a community center area with outdoor chairs and tables, and a pool area. New residents must set up their electric accounts with Alabama Power. Book a tour directly through our website at h2realestate.com! Costs: $75 Per Application $400 Security Deposit $200 Administration Fee $20 Initial Water Start-Up Fee $39.50-49.50 Monthly Service Fees Monthly Water/Sewer Charges Vary All Pets Are Welcome! $300 Initial Pet Fee $15 Monthly Pet Fee (Per Pet)
How Melrose Place compares to other nearby properties.
Positives
1-bedroom apartments at Melrose Place cost about the same as the average rent price for 1-bedroom apartments in Five Points South.
| Month | Median Rent |
|---|---|
| October 2023 | $1,169 |
| November 2023 | $1,101 |
| December 2023 | $1,088 |
| January 2024 | $1,077 |
| February 2024 | $877 |
| March 2024 | $1,070 |
| April 2024 | $1,099 |
| May 2024 | $1,100 |
| June 2024 | $1,112 |
| July 2024 | $1,126 |
| August 2024 | $1,129 |
| September 2024 | $1,115 |
| October 2024 | $1,160 |
| November 2024 | $1,169 |
| December 2024 | $1,113 |
| January 2025 | $1,183 |
| February 2025 | $1,121 |
| March 2025 | $1,086 |
| April 2025 | $995 |
| May 2025 | $976 |
| June 2025 | $898 |
| July 2025 | $959 |
| August 2025 | $962 |
| September 2025 | $951 |
| October 2025 | $889 |
| Month | Median Rent |
|---|---|
| October 2023 | $1,111 |
| November 2023 | $1,103 |
| December 2023 | $1,089 |
| January 2024 | $1,096 |
| February 2024 | $800 |
| March 2024 | $1,089 |
| April 2024 | $1,099 |
| May 2024 | $1,121 |
| June 2024 | $1,158 |
| July 2024 | $1,172 |
| August 2024 | $1,180 |
| September 2024 | $1,167 |
| October 2024 | $1,180 |
| November 2024 | $1,215 |
| December 2024 | $1,184 |
| January 2025 | $1,240 |
| February 2025 | $1,130 |
| March 2025 | $1,021 |
| April 2025 | $942 |
| May 2025 | $956 |
| June 2025 | $915 |
| July 2025 | $1,025 |
| August 2025 | $1,030 |
| September 2025 | $1,008 |
| October 2025 | $895 |
Can I afford to live at 1501 15th Ave S?
Bedrooms
1 bedroomRent-to-income ratio
30%
$39,880/yr
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