Updated 7 Hours Ago
Highlights
Pet Friendly
Location
307 Melrose St, Jonesboro, AR 72401, USA
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Managed by
Management
Tarantino Properties
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Property Overview
Melrose Place has a strong overall profile, with a balanced mix of positive qualities reflected in its expert rating, pros, great-for categories, and notable features. The available details suggest it offers appealing benefits across multiple areas, making it a well-rounded option to consider.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Public transit nearby
Floor plans
| 1x1 | 1 bed | 1 bath | 622 sqft | $700 /mo | 3 units available |
Let's explore this property.
Amenities for Melrose Place
Building
| Cats OK | Dogs OK |
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.
$25
OPTIONAL FEES
Dog Policy
Allowed
Limit2
Cat Policy
Allowed
Limit2
Cat
Pet Terms
2 cats max. We allow pets in our community. Please call our Leasing Office for complete Pet Policy information.
Dog
Pet Terms
2 dogs max. We allow pets in our community. Please call our Leasing Office for complete Pet Policy information.
Questions about this property’s policies and fees?
Building details
Property details
| Year built | 1960 |
|---|---|
| Units | 48 |
| Lease terms | 3–15 months |
About Melrose Place
Discover straightforward, budget-friendly living at Melrose Apartments. Perfectly positioned in Jonesboro, our community is just a mile away from Arkansas State University and, only a five minute drive from St. Bernards Medical Center, making it an ideal home for students, healthcare professionals, and young families. With immediate access to everyday shopping at Kroger and Walmart, local dining options, and quick entry to Interstate 555, you will spend less time commuting and more time enjoying your life. At Melrose, we offer everything you need, close to where you need to be.
Year Built: 1960
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.3
/10
Very GoodWith a solid 8.3 out of 10 overall, Melrose Place is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Melrose Place has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Melrose Place offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, Melrose Place is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Melrose Place is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Melrose Place does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Melrose Place provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
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 Melrose Place compares to other nearby properties.
Positives
- Public transit nearby
- Only 0.9 miles from transit
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1.5 miles away
- Greater distance from high schools
- The nearest high school is farther than 2.0 miles away
- Greater distance from middle schools
- The nearest middle school is farther than 1.6 miles away
- Lacks images
- Fewer than 5 photos available for this property
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Rent trends in Jonesboro
1-bedroom apartments at Melrose Place cost about 7% less than the average rent price for 1-bedroom apartments in Jonesboro.
Median rents as of Oct 24 2026.
Jonesboro
| Month | Median Rent |
|---|---|
| November 2024 | $1,150 |
| December 2024 | $1,325 |
| January 2025 | $1,047 |
| February 2025 | $800 |
| March 2025 | $800 |
| April 2025 | $975 |
| May 2025 | $1,080 |
| June 2025 | $975 |
| July 2025 | $800 |
| August 2025 | $738 |
| September 2025 | $712 |
| October 2025 | $710 |
| November 2025 | $770 |
| December 2025 | $562 |
| January 2026 | $589 |
| February 2026 | $557 |
| March 2026 | $550 |
| April 2026 | $675 |
| May 2026 | $800 |
| June 2026 | $837 |
| July 2026 | $734 |
| August 2026 | $815 |
| September 2026 | $762 |
| October 2026 | $725 |
Affordability calculator
Can I afford to live at 307 Melrose St?
Bedrooms
1 bedroomRent-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
$28,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $28,000 annually to afford this 1-bedroom monthly rent price of $700.
For more information on rent affordability, visit our rent calculator.
Schools near Melrose Place
Early Childhood Learning Center
1307 flint st
jonesboro, AR, 72401
PKPublic
Kindergarten Center
618 w nettleton ave
jonesboro, AR, 72401
KPublic
A-
TRUMANN PREK AND PARENT CENTER
1200 cedar st
trumann, AR, 72472
PKPublic
Neighborhood
Getting around Jonesboro near 307 Melrose St
Walking
3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
2/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 307 Melrose St, Jonesboro
Groceries
5/10
Variety of groceries within a short drive
Shopping
6/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
4/10
Some cafés within a short drive
Restaurants
6/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
0/10
Closest elementary school further than a 30-minute walk
High schools
0/10
Closest high school further than a 30-minute walk
Nightlife
3/10
Some bars within a short drive
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