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Melrose Place is highly rated with a Zumper expert score of 9.1, emphasizing its appeal to renters. The property excels with a competitive price rating of 9 out of 10 and an amenities rating of 10, showcasing fully renovated spaces, stainless steel appliances, and a pool area. Additionally, it offers a prime location with easy access to schools, public transport, and a vibrant social scene, underscoring its value for those seeking a lively lifestyle.
Things you’ll love
More spaceMiddle school nearbyElementary school nearbyGreat for
Social life
Pet owners| 2x1-W/D [2nd Floor] | 2 bed | 1 bath | 706 sqft | $1,178–$1,266 /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) Virtual Tour: https my matterport com show ?m=mL311zhG1CS |
Let's explore this property.
Apartment Amenities
| Air Conditioning | No Utilities Included |
Appliances
| Dishwasher | In-Unit Laundry |
| Microwave | Oven |
| Range | Refrigerator |
| Stove/Oven | Washer and Dryer |
Building
| Cats OK | Dogs OK |
| HVAC |
Grounds
| Off-Street Parking | Swimming Pool |
One-time.
One-time. Refundable.
Questions about this property’s policies and fees?
| 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
2-bedroom apartments at Melrose Place cost about 1% more than the average rent price for 2-bedroom apartments in Five Points South.
| Month | Median Rent |
|---|---|
| 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 | $910 |
| November 2025 | $909 |
| December 2025 | $886 |
| January 2026 | $907 |
| February 2026 | $917 |
| March 2026 | $949 |
| Month | Median Rent |
|---|---|
| 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 | $928 |
| November 2025 | $969 |
| December 2025 | $1,152 |
| January 2026 | $1,227 |
| February 2026 | $1,121 |
| March 2026 | $1,077 |
Can I afford to live at 1501 15th Ave S?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$47,120/yr
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Sand Ridge • 1700 Lakeshore Rdg
1–3 Beds
$1,209–$1,696
Arlington - West End • 700 2nd St Sw
1–3 Beds
$700–$900
7278 Cahaba Valley Rd
1–3 Beds
$1,120–$1,775
3801 Galleria Woods Dr
1–3 Beds
$1,082–$2,364
