How much does it cost to rent at Madison at Melrose?

Rent at Madison at Melrose in Richardson, TX ranges from $1,265 to $2,475 per month as of August 18, 2026.

What is the average studio rent at Madison at Melrose?

The average studio apartment at Madison at Melrose costs $1,853/month, starting from $1,265.

What is the average 1 bed rent at Madison at Melrose?

The average 1 bed apartment at Madison at Melrose costs $1,361/month, starting from $1,265.

What is the average 2 bed rent at Madison at Melrose?

The average 2 bed apartment at Madison at Melrose costs $1,903/month, starting from $1,480.

What is the average 3 bed rent at Madison at Melrose?

The average 3 bed apartment at Madison at Melrose costs $2,348/month, starting from $2,130.

Is Madison at Melrose a good apartment complex?

Madison at Melrose has a 3.8-star rating on Google based on 120 reviews.

No units currently available, verified August 18, 2026

Madison at Melrose

Name: Madison at Melrose
Address: 1520 Richardson Dr, Richardson, TX, 75080, US
Telephone: (945) 231-1245
Rating: 3.8

1520 Richardson Dr, Richardson, TX 75080, USA

3.8 (120 reviews) Official Website (945) 231-1245

No units currently available, verified August 18, 2026. Stats below reflect the most recently listed units.

Units Listed

$1,265

Starting at

$1,830

Average

$2,475

Highest

$1.79

Per Sq Ft

PRO

Avg Days Listed

How does this compare? View Richardson 75080 rent trends

Beds

Pricing by Bedroom

Studio

$1,853

from $1,265 · 12 units

~1,009 sqft avg

1 Bed

$1,361

from $1,265 · 5 units

~736 sqft avg

2 Bed

$1,903

from $1,480 · 7 units

~1,127 sqft avg

3 Bed

$2,348

from $2,130 · 3 units

~1,328 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

Building size: modeled from how many distinct units we have observed over time
Occupancy: building size minus currently listed units
Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$97K

$1.2M annual run rate

Modeled estimate

Est. Occupancy

67%

of about 82 units (modeled from leasing activity)

Effective Rent on New Leases

$1,756

average across tracked lease-offs

Recent Lease Activity

82 units tracked; 55 assumed leased, 27 listed now

See which units leased, when they left the market, and the rent they leased at.

Unlock with Pro

Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

+30 pts: 15+ units currently listed
+25 pts: Active move-in specials
+20 pts: Deep discounts (>$150/mo off)
+15 pts: 5+ distinct floor plans
+10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

Very high availability

27 floor plans

Move-in Specials

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Price vs. Richardson 75080

Neighborhood

Prestonwood Apartments

$1,102 Lockwood Heights

$1,105 Hillsdale Garden Apartments

$1,170 Camelot Apartments

$1,175 Huntington Townhomes Apartments

$1,223 The Flats at Palisades

$1,257

Madison at Melrose

$1,265

SYNC CityLine

$1,285 Cue Galatyn Station Apartments

$1,336 Marquis at Waterview

$1,382 Valley Estates

$1,414

Comparing 11 apartments in Richardson 75080. Click any bar to view that building.

See Richardson 75080 rent trends on the Richardson, TX map Explore Richardson, TX on the interactive map

Recently Listed Units

Sort

27 units

Madison at Melrose reported no availability when we checked on August 18, 2026. The units below were last listed July 4, 2026 and are shown with their final asking prices; none of them are confirmed available today.

1 Bed A1

$1,265/mo

700 ft² · $1.81/ft² · #1

Up $40 since Jul 4 (was $1,225)

Studio 324

$1,265/mo

700 ft² · $1.81/ft² · #21

1 Bed 14

$1,285/mo

700 ft² · $1.84/ft² · #15

Studio 1424

$1,285/mo

700 ft² · $1.84/ft² · #32

1 Bed 13

$1,345/mo

700 ft² · $1.92/ft² · #12

Studio 1313

$1,345/mo

700 ft² · $1.92/ft² · #31

1 Bed A2

$1,415/mo

740 ft² · $1.91/ft² · #2

Studio 223

$1,415/mo

740 ft² · $1.91/ft² · #20

2 Bed B1

$1,480/mo

912 ft² · $1.62/ft² · #4

1 Bed A3

$1,495/mo

838 ft² · $1.78/ft² · #3

Unit	Floor Plan	Bed/Bath	Sqft	↑ Price	$/Sqft	Available	Listed	Details
1	A1	1bd / --ba	700	$1,265	$1.81	--	Pro	Up $40 since Jul 4
21	324	Studio / --ba	700	$1,265	$1.81	--	Pro
15	14	1bd / --ba	700	$1,285	$1.84	--	Pro
32	1424	Studio / --ba	700	$1,285	$1.84	--	Pro
12	13	1bd / --ba	700	$1,345	$1.92	--	Pro
31	1313	Studio / --ba	700	$1,345	$1.92	--	Pro
2	A2	1bd / --ba	740	$1,415	$1.91	--	Pro
20	223	Studio / --ba	740	$1,415	$1.91	--	Pro
4	B1	2bd / --ba	912	$1,480	$1.62	--	Pro
3	A3	1bd / --ba	838	$1,495	$1.78	--	Pro
27	827	Studio / --ba	1,177	$1,840	$1.56	--	Pro
5	B3	2bd / --ba	1,177	$1,840	$1.56	--	Pro
25	812	Studio / --ba	1,069	$1,945	$1.82	--	Pro
6	B2	2bd / --ba	1,069	$1,945	$1.82	--	Pro
13	33	2bd / --ba	1,177	$1,965	$1.67	--	Pro
30	1128	Studio / --ba	1,177	$1,965	$1.67	--	Pro
7	B4	2bd / --ba	1,218	$1,965	$1.61	--	Pro
29	1127	Studio / --ba	1,177	$1,990	$1.69	--	Pro
8	B5	2bd / --ba	1,267	$2,055	$1.62	--	Pro
14	28	2bd / --ba	1,069	$2,070	$1.94	--	Pro
28	1112	Studio / --ba	1,069	$2,070	$1.94	--	Pro
9	10	3bd / --ba	1,449	$2,130	$1.47	--	Pro
19	218	Studio / --ba	1,069	$2,195	$2.05	--	Pro
10	C1	3bd / --ba	1,267	$2,440	$1.93	--	Pro
22	327	Studio / --ba	1,267	$2,440	$1.93	--	Pro
16	41	3bd / --ba	1,267	$2,475	$1.95	--	Pro
24	722	Studio / --ba	1,267	$2,475	$1.95	--	Pro

Train activity

Loud train activity

Freight line 708 ft away

Trains pass infrequently
Crossing 708 ft away. Horns expected during the day.
Operator: DART

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Richardson, TX notes

No resident notes for this property yet.