1 Day Ago
Location
500 South Park Avenue, Montrose, Colorado 81401, United States
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Property Overview
500 S Park Apartments offers an overall strong performance with an impressive Zumper Expert Rating of 8.3, highlighting its competitive pricing, excellent amenities, and prime location rating of 9.0, ensuring convenience and quality living. With all utilities included, residents enjoy added value along with accessibility to nearby parks, schools, and a vibrant social scene featuring numerous restaurants and cultural venues. The property also benefits from adequate options for remote work and public transit, fostering an inviting community atmosphere.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
High school nearby- Elementary school nearby
Great for
Social life
Work-from-home
Floor plans
| 500 S Park Apartments - 18 (4... | 1 bed | 1 bath | $1,200 /mo | 1 Bedroom 1 Bath Downstairs apartment No pets All utilities included |
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Amenities for 500 S Park Apartments
Apartment Amenities
| Utilities Included |
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
Application Fee
One-time. Agent application fee.
Contact Property
REQUIRED FEES
Security Deposit
One-time.
Contact Property
Questions about this property’s policies and fees?
Building details
Property details
| Units | 1 |
|---|
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About 500 S Park Apartments
1 Bedroom 1 Bath Downstairs apartment No pets All utilities included
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 GoodWith a solid 8.3 out of 10 overall, 500 S Park Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 500 S Park Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
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.
500 S Park Apartments 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, 500 S Park Apartments 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.
500 S Park Apartments 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 500 S Park Apartments 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.
500 S Park Apartments 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.
500 S Park Apartments is great 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 500 S Park Apartments compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.3 mile away
- Elementary school nearby
- There is an elementary school 0.4 mile away
Considerations
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Montrose
1-bedroom apartments at 500 S Park Apartments cost about the same as the average rent price for 1-bedroom apartments in Montrose.
Median rents as of Oct 25 2025.
Montrose
| Month | Median Rent |
|---|---|
| November 2024 | $600 |
| December 2024 | $600 |
| January 2025 | $562 |
| February 2025 | $637 |
| March 2025 | $633 |
| April 2025 | $600 |
| May 2025 | $600 |
| June 2025 | $600 |
| July 2025 | $600 |
| August 2025 | $600 |
| October 2025 | $600 |
Affordability calculator
Can I afford to live at 500 South Park Avenue?
Bedrooms
1 bedroomRent-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
$48,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $48,000 annually to afford this 1-bedroom monthly rent price of $1,200.
For more information on rent affordability, visit our rent calculator.
Schools near 500 S Park Apartments
Pomona Elementary School
1045 south cascade
montrose, CO, 81401
K-5Public
C
Early Childhood Center
900 colorado ave
montrose, CO, 81401
PKPublic
Peak Virtual Academy
526 n 6th st
montrose, CO, 81401
K-12Public
C+
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Internet available near 500 S Park Apartments
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Montrose near 500 South Park Avenue
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
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 500 South Park Avenue, Montrose
Groceries
8/10
At least one grocery store within a 15-minute walk
Shopping
5/10
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
9/10
At least one high school within a 10-minute walk
Nightlife
4/10
Few or no bars within walking distance
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