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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 offers a strong overall value with an 8.3 Zumper Expert Rating, highlighted by excellent price, amenities, and location scores, along with solid trustworthiness. It is a pet-friendly community with beautifully renovated 2-bedroom, 1-bathroom homes, and its standout value-for-money and value-per-square-foot rankings add to its appeal.

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.

Zumper Expert Rating

8.3
Very Good
With 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.

Things you’ll love

  • Elementary school nearby
  • High school nearby
  • Less expensive

Floor plans

2BR/1.0BA2 bed1 bath900 sqft
Melrose Place - 2 bedroom/1 bathroom Waitlist2 bed1 bath900 sqftOur 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!

Available rentals nearby

featured image of 230 S Lebanon St

230 S Lebanon St

2 Beds

$1,425–$1,630

Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.
featured image of 230 S Lebanon St

230 S Lebanon St

2 Beds

$1,425–$1,630

Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.

Rent trends in Lebanon

Median rents as of Apr 25 2026.
Lebanon
A table of studio rental data trends in Lebanon
MonthMedian Rent
March 2025$850
April 2025$850
June 2025$850
July 2025$850
November 2025$850
March 2026$840
April 2026$840

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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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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