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Updated 1 hour ago

3611 N 5th Ave Unit 3


Phoenix, AZ

3 Bed
2 Bath

1,200 Sq. Ft.

Available starting Mar. 23rd
3 Beds • 2 Bath
$1,795
1200 ft2
1 Available
Managed By: avail
*MOVE IN SPECIAL - MASSIVE 3 BEDROOM LAYOUT* - Melrose on 5th Beautifully Upgraded - HUGE 3 Bed 2 Bath in the Midtown Melrose District!
$1,795
Available Mar 23rd, 2026
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Fees & leasing info
Pets
Dogs Ok
Cats Ok
Lease & Fees
Security Deposit: $1,200.00
Property details
Description

Coming Available March 23rd, 2026!
HUGE 3 Bed 2 Bath in the Midtown Melrose District!
First-floor Unit with In-Unit Washer & Dryer!
PLEASE ONLY INQUIRE IF YOU MEET THE FOLLOWING REQUIREMENTS:
-No smokers
-No evictions or bankruptcies within the past 60 months
-No crimes against children
-Household income must be at least 3x the monthly rent (proof of income required)
-Full credit & criminal background checks conducted by Acora Asset Management LLC in compliance with all Fair Housing Laws
Take A Virtual Tour! : https://my.matterport.com/show/?m=ZH9VjqzmVTE
ABOUT THE PROPERTY
Melrose on 5th is a beautifully upgraded community conveniently located off Osborn Road & Central Avenue in the heart of Midtown Phoenix, offering:
-Gated access
-Sparkling pool with covered seating area & furniture
-Bike racks and mature greenery
-Excellent mid-century aesthetics
This location offers excellent value in a highly desirable neighborhood—these apartments do not last long!
UNIT FEATURES
Each recently upgraded unit includes:
-Stainless steel appliances
-Modern kitchen cabinets & counters
-Newly renovated flooring throughout
-Huge living room with ceiling fan
-Massive bedrooms
-In-unit stackable washer & dryer
PET POLICY
-Pet-friendly community
-$25/month
-One-time $150 pet fee
-Pet charges are flat, not per animal
-Limit of up to 3 pets
UTILITIES
-Residents responsible for APS Electric
-Utility Reimbursement Charge: $75/month (Water, Sewer, and Trash)
*MOVE IN SPECIAL! 1ST MONTH FREE WHEN SIGNING A 13-MONTH OR 18-MONTH LEASE!*
LEASE TERMS & PRICING
-Rent: $1,795/month
-Security Deposit: $1,200 (On Approved Credit/Approved Application)
-Application Fee: $65 per applicant
-Resident Services Charge: 2% of monthly rent
-Renter’s insurance required
-Lease Terms: 12, 13 or 18 months
For more information, call us at 602-638-3300 or visit AcoraAM.com to apply today.
Offered exclusively by Acora Asset Management, LLC
Designated Broker: Colin Ralls
NOW ACCEPTING APPLICATIONS!

Additional Details
Total Unit Count: 1
Last Updated: Updated 1 hour ago
Contact Number: (602) 638-3300
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Cox Communications, Inc. 1000.0 35.0
Triad Wireless, LLC 300.0 50.0
CenturyLink, Inc. 100.0 10.0
CenturyLink, Inc. 40.0 5.0
ViaSat, Inc. 35.0 3.0
Data from June 2020 provided by the FCC
Photos Floor Plans
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 3611 N 5th Ave Unit 3 by bedroom type below.
3 Bedroom
Suggested income:
$64,600
per year
Rent report

3611 N 5th Ave Unit 3 Rent vs. Phoenix Average

 3611 N 5th Ave Unit 3      Phoenix Average
3BR
$1,795
$2,235
$0
$750
$1,500
$2,250
$3,000

3611 N 5th Ave Unit 3 is asking 20% less than the average 3 bedroom apartment in Phoenix.

If you upsized to an average priced Phoenix 4 bedroom apartment, you would pay 29% more per month.

If you downsized to an average priced Phoenix 2 bedroom apartment, you would pay 40% less per month.

3611 N 5th Ave Unit 3 provides 13% less square footage than the average Phoenix 3 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
3611 N 5th Ave Unit 3
3BR $1,795 $1.50 $5,385
Phoenix Average
Studio $1,038 $2.40 $3,114
1BR $1,290 $1.90 $3,871
2BR $1,592 $1.70 $4,775
3BR $2,235 $1.60 $6,706
4BR $3,143 $1.60 $9,428

Availability in Phoenix

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 3,064 1BR units on the market in Phoenix. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
9% 42% 38% 9% 2%
Available Units in Phoenix
Studio 692
1BR 3,064
2BR 2,797
3BR 650
4BR 121
Location
Nearby Colleges
Nearby Hospitals
Name Distance
Select Specialty Hospital Phoenix 0.5 mi.
Kindred Hospital Arizona Phoenix 0.52 mi.
St. Joseph's Hospital Medical Center 0.58 mi.
Nearby Fire Stations
Name Distance
Enterprise Fire Company #1 2.95 mi.
Arizona Department Of Corrections 3.06 mi.
Phoenix Fire Department 3.29 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
There are no units with move-in dates in the next 2 months. The next unit is available for move-in on March 23, 2026.
What's the square footage of the available units?
It's 1,200 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
Where is this property located?
This property is at 3611 N 5th Ave Unit 3 in Phoenix, AZ. It's 3.5 miles north from the center of Phoenix.
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