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Melrose Place is an exceptional rental option, earning a Zumper expert rating of 9.1 out of 10, reflecting its overall quality. With a competitive price-to-value ratio and an outstanding amenities rating of 10, it features stainless steel appliances, a pool area, and ample community spaces. The property is well-situated near top-rated schools and numerous dining options, promoting an active social life while also being pet-friendly, making it a versatile choice for a variety of lifestyles.
Things you’ll love
High school nearbyMiddle school nearbyDishwasherGreat for
Pet owners
Social life| 1x1 -W/D [LARGE, 2nd Floor, Corner] | 1 bed | 1 bath | 520 sqft | $954 /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] | 2 bed | 1 bath | 706 sqft | $1,202 /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 | $1,202 /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 |
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 15% lower than 1-bedrooms in Five Points South.
If you decide to upgrade your space, you can expect 2-bedrooms at Melrose Place to be 2% less than the average for similarly sized apartments in Five Points South.
| Month | Median Rent |
|---|---|
| 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 | $910 |
| November 2025 | $909 |
| December 2025 | $886 |
| January 2026 | $896 |
| Month | Median Rent |
|---|---|
| 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 | $928 |
| November 2025 | $969 |
| December 2025 | $1,152 |
| January 2026 | $1,240 |
Can I afford to live at 1501 15th Ave S?
Bedrooms
Rent-to-income ratio
30%
$38,160/yr
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Five Points South | Birmingham, AL
Sand Ridge • 1700 Lakeshore Rdg
1–2 Beds
$1,229–$1,506
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$700–$900
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$875–$1,675
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Studio–2 Beds
$1,115–$1,679
Sand Ridge • 1700 Lakeshore Rdg
1–2 Beds
$1,229–$1,506
Arlington - West End • 700 2nd St Sw
1–3 Beds
$700–$900
Glen Iris • 834 Golden Gate Ln
1–3 Beds
$875–$1,675
7278 Cahaba Valley Rd
Studio–2 Beds
$1,115–$1,679
