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Updated 2 Days Ago

Location

500 Kungs Way, Joliet, IL 60435, USA
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Contact

Management

Steel City Real Estate and Property Management

Leasing office

(844) 326-7656 ext. 5993

Property Overview

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, 500 Kungs Way is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 500 Kungs Way 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

  • Elementary school nearby
  • High school nearby

Floor plans

500 Kungs Way - 8B2 bed1 bath$1,550 /moVery nice 2nd floor unit, 2-bed, 1-bath, new flooring, and freshly painted.

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Amenities for 500 Kungs Way

Apartment Amenities

Gas UtilitiesTrash Included
Water
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.

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Questions about this property’s policies and fees?

Building details

Property details

Units1
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About 500 Kungs Way

HomeApartments in Joliet 500 Kungs Way

Very nice 2nd floor unit, 2-bed, 1-bath, new flooring, and freshly painted.


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, 500 Kungs Way is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 500 Kungs Way 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 500 Kungs Way
Price·9A 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 Kungs Way stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·9A 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.
500 Kungs Way goes above and beyond to provide sought-after conveniences and desirable perks, including gas utilities. Renters looking for popular or luxurious features will find them here—and for that reason, 500 Kungs Way receives one of the highest amenities scores.
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 Kungs Way 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 Kungs Way 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 Kungs Way 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 500 Kungs Way compares to other nearby properties.

Positives

Elementary school nearby
There is an elementary school 0.3 mile away
High school nearby
There is a high school 1 mile away

Considerations

Lacks images
Fewer than 10 photos available for this location

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Rent trends in Joliet

2-bedroom apartments at 500 Kungs Way cost about 29% less than the average rent price for 2-bedroom apartments in Joliet.

Median rents as of Jul 25 2026.
Joliet
A table of studio rental data trends in Joliet
MonthMedian Rent
November 2024$962
December 2024$1,059
January 2025$950
February 2025$933
March 2025$1,011
May 2026$1,684
June 2026$1,559
July 2026$1,506

Affordability calculator

Can I afford to live at 500 Kungs Way?

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

$62,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $62,000 annually to afford this 2-bedrooms monthly rent price of $1,550.
For more information on rent affordability, visit our rent calculator.

Schools near 500 Kungs Way

Thomas Jefferson Elementary School

2651 glenwood ave

joliet, IL, 60435

K-5Public
C

Marycrest Early Childhood Center

303 purdue ct

joliet, IL, 60436

PKPublic

Rockdale Elementary School

715 meadow ave

rockdale, IL, 60436

PK, K-8Public
C

Richland Elementary School

1919 caton farm rd

crest hill, IL, 60403

PK, K-8Public
B+

Chaney-Monge School

400 elsie ave

crest hill, IL, 60403

K-8Public
C
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Internet available near 500 Kungs Way

Getting around Joliet near 500 Kungs Way

Walking

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

Driving

8/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

9/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.

Transit

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

Points of interest for 500 Kungs Way, Joliet

Groceries

3/10
At least one grocery store within a 30-minute walk

Shopping

5/10
Some shops within walking distance

Cafes

2/10
Few or no cafés within walking distance

Restaurants

4/10
Some restaurants within walking distance

Primary schools

8/10
At least one elementary school within a 20-minute walk

High schools

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

Parks

10/10
Very large amount of park space within a few minutes' walk

Nightlife

3/10
Few or no bars within walking distance

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