17 Hours Ago
Location
5231 Melbourne Rd, Raleigh, NC 27606, USA|Southwest Raleigh
Tour 5231 Melbourne Rd
Contact
Keyrenter Raleigh
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Amenities for 5231 Melbourne Rd, Southwest Raleigh
Apartment Amenities
| Corner Lot | Dryer |
| Fireplace | Gas |
| Granite Countertops | Hardwood Floor |
| High Ceilings | High Vaulted Ceilings |
| Office Den | Patio |
| Tile Floor | View |
| Walk-in Closet | Washer |
Appliances
| Garbage Disposal | In-Unit Laundry |
| Microwave | Oven |
| Range | Refrigerator |
| Stainless Steel Appliances |
Tech
| Alarm System | Cable Ready |
Building
| Dogs OK | Two Car Attached Garage |
| Wheelchair Accessible |
Grounds
| Fire Pit in Backyard | Garage Parking |
| Outdoor Space | Tennis Courts |
| Yard (Unfenced) |
Services
| Central Cooling |
Other
| Garage Opener |
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. Refundable.
Contact Property
Dog Policy
Allowed
Limit1
Cat Policy
Not allowed
Questions about this property’s policies and fees?
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About 5231 Melbourne Rd
Sweet deal!
This listing is 19% below the median price for 4 bedroom apartments in Southwest Raleigh.
Welcome to this stunning 4-bedroom, 3.5-bathroom home located in the vibrant city of Raleigh. This corner lot property boasts a 2-car attached garage and a spacious, private yard with a fire pit, and a screened porch, perfect for outdoor gatherings. The interior features high/vaulted ceilings, and an abundance of natural light throughout. Enjoy the views from your private backyard or take advantage of the nearby tennis court. The location is unbeatable, with easy access to I-440, less than 15 minutes from downtown Raleigh, and less than 5 minutes from NC State University. It's also near Lake Johnson Park, NC State Fairgrounds, and entertainment options like Lenovo Center and Carter-Finley Stadium. This home is a perfect blend of comfort, style, and convenience. *No smoking *Pets are negotiable *Utilities separate *Applications must be submitted at Keyrenterraleigh. com and are refunded if not reviewed due to an earlier applicant being approved *Tenants are enrolled in our Resident Benefits Package and Group Rate Internet. These include quarterly HVAC filters mailed directly to the home, renters insurance, and group pricing for 1 gig internet *Property Manager: Keyrenter Raleigh Property Management *Application processing time is 1-3 business days. Please review Keyrenter's Application Criteria prior to applying *Other terms, fees, and conditions may apply. All information is deemed reliable but not guaranteed and is subject to change Keyrenter Raleigh 4242 Six Forks Rd. Ste 1550, Raleigh, NC 27609 keyrenterraleigh. com (919)-518-9800
Address details
| Neighborhood | Southwest Raleigh |
|---|---|
| Zip code | 27606 |
| Type | House for rent |
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Rent trends in Southwest Raleigh
4-bedroom apartments at 5231 Melbourne Rd cost about 19% less than the average rent price for 4-bedroom apartments in Southwest Raleigh.
Median rents as of Feb 14 2026.
Southwest Raleigh
Raleigh
| Month | Median Rent |
|---|---|
| March 2024 | $2,288 |
| April 2024 | $2,295 |
| May 2024 | $2,381 |
| June 2024 | $2,455 |
| July 2024 | $2,339 |
| August 2024 | $2,312 |
| September 2024 | $2,310 |
| October 2024 | $2,288 |
| November 2024 | $2,219 |
| December 2024 | $2,220 |
| January 2025 | $2,243 |
| February 2025 | $2,212 |
| March 2025 | $2,247 |
| April 2025 | $2,316 |
| May 2025 | $2,389 |
| June 2025 | $2,396 |
| July 2025 | $2,395 |
| August 2025 | $2,395 |
| September 2025 | $2,351 |
| October 2025 | $2,283 |
| November 2025 | $2,299 |
| December 2025 | $2,328 |
| January 2026 | $2,296 |
| February 2026 | $2,297 |
| Month | Median Rent |
|---|---|
| March 2024 | $2,106 |
| April 2024 | $1,981 |
| May 2024 | $2,266 |
| June 2024 | $2,262 |
| July 2024 | $2,156 |
| August 2024 | $2,127 |
| September 2024 | $2,106 |
| October 2024 | $2,193 |
| November 2024 | $2,047 |
| December 2024 | $1,872 |
| January 2025 | $1,962 |
| February 2025 | $2,023 |
| March 2025 | $2,162 |
| April 2025 | $2,159 |
| May 2025 | $2,277 |
| June 2025 | $2,231 |
| July 2025 | $2,248 |
| August 2025 | $2,113 |
| September 2025 | $2,147 |
| October 2025 | $2,327 |
| November 2025 | $2,897 |
| December 2025 | $3,461 |
| January 2026 | $3,828 |
| February 2026 | $3,956 |
Affordability calculator
Can I afford to live at 5231 Melbourne Rd?
Bedrooms
4+ 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
$127,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $127,800 annually to afford this 4-bedrooms monthly rent price of $3,195.
For more information on rent affordability, visit our rent calculator.
Schools near 5231 Melbourne Rd
Mount Vernon Middle School
5418 chapel hill rd
raleigh, NC, 27607
K-8Public
C+
Adams Elementary School
805 cary towne blvd
cary, NC, 27511
PK, K-5Public
A-
Governor Morehead School for the Blind
303 ashe ave
raleigh, NC, 27606
K-12Public
White Plains Children's Center
313 se maynard rd
cary, NC, 27511
PK, KPublic
Southeast Raleigh Elementary School
1436 rock quarry rd
raleigh, NC, 27610
PK, K-5Public
C
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Internet available near 5231 Melbourne Rd
Neighborhood
Southwest Raleigh | Raleigh, NC
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Raleigh near 5231 Melbourne Rd
Walking
4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 5231 Melbourne Rd, Raleigh
Groceries
0/10
Closest supermarket further than a 30-minute walk
Shopping
3/10
Some shops within walking distance
Cafes
1/10
Few or no cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
4/10
At least one elementary school within a 30-minute walk
High schools
3/10
At least one high school within a 30-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
3/10
Some bars within walking distance
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