Zumper
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Updated 2 Days Ago

Highlights

  • Prime location
  • Modern home
  • Stylish finishes
  • Spacious open floor plan
  • Beautiful granite countertops
  • Lvp flooring

Location

517 Melrose St, Lebanon, TN 37087, USA
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Contact

Management

Midstate Property Management, LLC

Leasing office

(615) 721-2414

Property Overview

517 Melrose St offers a prime location with a modern home design, stylish finishes, and a spacious open floor plan. Beautiful granite countertops and LVP flooring add to its appeal, while its value per square foot ranks in the 72nd percentile and nearby top-rated middle and high schools are within about 0.52 and 1.02 miles.

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, 517 Melrose St is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 517 Melrose St 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

  • Middle school nearby
  • High school nearby
  • More space

Floor plans

2BR/1.5BA2 bed1.5 bath1,175 sqft$1,445 /mo1 unit availableIntroducing an affordable townhome in the heart of Lebanon, Tennessee! This 2-bedroom, 1.5-bath home, built in 2021, features a spacious floor plan with hardwood floors and granite countertops in both the kitchen and bathroom. Don’t miss out on the chance to make this townhome your new residence! Contact us for more information.

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Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

Building details

Property details

Units7
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About 517 Melrose St

HomeApartments in Lebanon 517 Melrose St

Introducing an affordable townhome in the heart of Lebanon, Tennessee! This 2-bedroom, 1.5-bath home, built in 2021, features a spacious floor plan with hardwood floors and granite countertops in both the kitchen and bathroom. Don’t miss out on the chance to make this townhome your new residence! Contact us for more information.


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 Good
With a solid 8.3 out of 10 overall, 517 Melrose St is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 517 Melrose St has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated 517 Melrose St
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.
517 Melrose St 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, 517 Melrose St 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.
517 Melrose St 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 517 Melrose St 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.
517 Melrose St 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 517 Melrose St compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 1 mile away
High school nearby
There is a high school 1 mile away
More space
The 2-bedroom is 66 sqft larger than other listings nearby

Considerations

Lacks images
Fewer than 10 photos available for this location

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Rent trends in Lebanon

2-bedroom apartments at 517 Melrose St cost about 6% less than the average rent price for 2-bedroom apartments in Lebanon.

Median rents as of Nov 15 2025.
Lebanon
A table of studio rental data trends in Lebanon
MonthMedian Rent
June 2025$1,459
July 2025$1,459
August 2025$1,459
September 2025$1,459
October 2025$1,459
November 2025$1,459

Affordability calculator

Can I afford to live at 517 Melrose St?

Bedrooms

2 bedrooms

Rent-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

$57,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $57,800 annually to afford this 2-bedrooms monthly rent price of $1,445.
For more information on rent affordability, visit our rent calculator.

Schools near 517 Melrose St

Castle Heights Elementary School

1007 castle heights ave north

lebanon, TN, 37087

PK, K-5Public
B+

Jones Brummett Elementary School

1530 hartmann dr

lebanon, TN, 37087

PK, K-5Public
B

Springdale Elementary School

5675 central pike

mt. juliet, TN, 37122

PK, K-5Public
A

Rutherford County Virtual School

619 s. highland ave

murfreesboro, TN, 37130

3-12Public
A
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Internet available near 517 Melrose St

Getting around Lebanon near 517 Melrose St

Walking

5/10
Some shops and stores are within a few minutes.

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

3/10
This is semi-bikeable, but you’ll need another way of getting around.

Transit

0/10
FYI, there are little to no public transit options within walking distance.

Points of interest for 517 Melrose St, Lebanon

Groceries

8/10
At least one grocery store within a 15-minute walk

Shopping

5/10
Variety of shops within walking distance

Cafes

5/10
Some cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

1/10
No elementary schools within a 30-minute walk

High schools

0/10
No high schools within a 30-minute walk

Nightlife

3/10
Few or no bars within walking distance

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