Updated 4 Hours Ago
Highlights
- Pet-friendly community
- Beautifully renovated 2-bedroom and 1-bathroom apartment homes
Location
316 W Washington St, Lebanon, IN 46052, USA
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Property Overview
Melrose Place earns a strong overall rating of 8.3 out of 10, with standout marks for price, location, and amenities. It offers pet-friendly, beautifully renovated 2-bedroom, 1-bathroom apartment homes, along with exceptional value per square foot and convenient access to highly rated elementary and high schools nearby.
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
Elementary school nearby- High school nearby
- More space
Floor plans
| Melrose Place - 2 bedroom/1 bathroom Waitlist | 2 bed | 1 bath | 900 sqft | $1,279 /mo | Our beautifully renovated 2-bedroom and 1-bathroom apartment homes are just a short drive away from plenty of local shops, restaurants, and entertainment in Lebanon. Appliances include a stove, refrigerator, and dishwasher. Have a furry friend? We're a pet-friendly community! Situated midway between Indianapolis and Lafayette, Lebanon provides residents with the charm and community of a small town within minutes of a wide variety of big-city amenities. Contact us today to schedule a tour! |
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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Building details
Property details
| Units | 13 |
|---|
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About Melrose Place
Our beautifully renovated 2-bedroom and 1-bathroom apartment homes are just a short drive away from plenty of local shops, restaurants, and entertainment in Lebanon. Appliances include a stove, refrigerator, and dishwasher. Have a furry friend? We're a pet-friendly community! Situated midway between Indianapolis and Lafayette, Lebanon provides residents with the charm and community of a small town within minutes of a wide variety of big-city amenities. Contact us today to schedule a tour!
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.
Reviews from the web
Showing 1 highest rated
If I could give 0 stars I would!!! Do not live here! The over charge for the apartments, I had many maintenance requests hardly ever showed up. I hired a professional to clean my apartment and they never came me back my deposit or even got in touch with me about it.When maintenance did show up they would say “oh we don’t have that part I’ll have to get it and come back” they never came back but closed my request. The lights to see down the DANGEROUS steps were out for months which meant if you walked outside at night you couldn’t see in front of you. Had one of the office workers laugh at me when I called and asked if they had gotten my voicemail about the railing on my balcony falling apart and I couldn’t take my kids out cause if they were playing they’d fall through, he said haha we have over 800 voicemails so no we haven’t and won’t hear it. Asked me to pay a FULL months rent when I’d only be there for 3 days cause our lease was ending. So please please please DO NOT RENT HERE
Haley Oliver
Nov 11, 2023
We’re sharing just 1 of many, sorted highest to lowest. Visit the Google business profile to view all reviews.
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
- Elementary school nearby
- There is an elementary school 0.4 mile away
- High school nearby
- There is a high school 1 mile away
- More space
- The 2-bedroom is 57 sqft larger than other listings nearby
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Rent trends in Lebanon
2-bedroom apartments at Melrose Place cost about 5% less than the average rent price for 2-bedroom apartments in Lebanon.
Median rents as of Apr 25 2026.
Lebanon
| Month | Median Rent |
|---|---|
| March 2025 | $850 |
| April 2025 | $850 |
| June 2025 | $850 |
| July 2025 | $850 |
| November 2025 | $850 |
| March 2026 | $840 |
| April 2026 | $840 |
Affordability calculator
Can I afford to live at 316 W Washington St?
Bedrooms
2 bedroomsRent-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
$51,160/yr
With your selected rent-to-income ratio, you'd ideally want to make $51,160 annually to afford this 2-bedrooms monthly rent price of $1,279.
For more information on rent affordability, visit our rent calculator.
Schools near Melrose Place
Hattie B. Stokes Elementary School
1005 hendricks dr
lebanon, IN, 46052
K-5Public
C+
Lincoln Elementary
4807 bulldog way
brownsburg, IN, 46112
K-5Public
A
Willow Lake Elementary School
7535 harcourt rd
indianapolis, IN, 46260
K-5Public
C+
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Internet available near Melrose Place
Getting around Lebanon near 316 W Washington St
Walking
6/10
Some shops and stores are within a few minutes.
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
4/10
More spots are within biking distance and some roads are cyclist-friendly.
Points of interest for 316 W Washington St, Lebanon
Groceries
8/10
At least one grocery store within a 15-minute walk
Shopping
3/10
Some shops within walking distance
Cafes
6/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
7/10
At least one high school within a 20-minute walk
Nightlife
4/10
Few or no bars within walking distance
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