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Melrose Place presents an outstanding choice for renters, featuring a Zumper expert rating of 9.1, reflecting its competitive pricing and excellent balance of amenities. Notable features include fully renovated units with stainless steel appliances, a pool, and a community center, all contributing to a premier living experience. With a prime location near schools and numerous dining options, it offers conveniences that enhance the quality of life for residents.
Things you’ll love
More spaceMiddle school nearbyElementary school nearbyGreat for
Social life| 1x1 -W/D [1st Floor, Corner] | 1 bed | 1 bath | 495 sqft | $970–$1,060 /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 Video Tour: https my matterport com show ?m=mhHh3reEDDM | |
| 1x1-W/D [3rd Floor] | 1 bed | 1 bath | 495 sqft | $972–$1,062 /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 | |
| 2x1-W/D [2nd Floor, Corner] | 2 bed | 1 bath | 709 sqft | $1,216–$1,307 /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 | |
| 2x1-W/D [1st Floor] | 2 bed | 1 bath | 706 sqft | $1,218–$1,309 /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 | |
| 2x1-W/D [1st Floor, Corner] | 2 bed | 1 bath | 800 sqft | $1,235–$1,326 /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
1-bedroom apartments here are priced 1% higher than 1-bedrooms in Five Points South.
If you decide to upgrade your space, you can expect 2-bedrooms at Melrose Place to be 1% more than the average for similarly sized apartments in Five Points South.
| Month | Median Rent |
|---|---|
| March 2024 | $1,104 |
| 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 |
| Month | Median Rent |
|---|---|
| March 2024 | $1,112 |
| 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 |
Can I afford to live at 1501 15th Ave S?
Bedrooms
Rent-to-income ratio
30%
$38,840/yr
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Sand Ridge • 1700 Lakeshore Rdg
1–2 Beds
$1,207–$1,593
Arlington - West End • 700 2nd St Sw
1–3 Beds
$700–$900
Glen Iris • 1229 Beacon Pkwy E
1–3 Beds
$1,060–$1,400
7278 Cahaba Valley Rd
Studio–3 Beds
$1,088–$1,768
3801 Galleria Woods Dr
1–3 Beds
$1,062–$1,994
