5+ Days Ago
Location
500 Elmwood Pl, Austin, TX 78705, USA|Hancock
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Property Overview
Elmwood Pl. Apts. offers a strong combination of high ratings across various aspects, including an overall expert rating of 8.6 and a price rating of 8, indicating an excellent balance of value and pricing. Its impressive amenities and location ratings of 9 highlight the property’s appeal, complemented by a trustworthiness rating of 8 that reflects transparency in its management. Additionally, proximity to highly rated schools and a wealth of visual content further reinforce its attractiveness to prospective renters.
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.
Things you’ll love
Less expensive- High school nearby
- Middle school nearby
Floor plans
| 1 WEEK FREE! - Elmwood Studio | Studio | 1 bath | 300 sqft | $695 /mo | 1 unit available | ||
| 1 WEEK FREE! - Upgraded Elmwood Studio | Studio | 1 bath | 300 sqft | $725 /mo | 1 unit available |
Let's explore this property.
Amenities for Elmwood Pl. Apts.
Appliances
| Fridge | Microwave |
| Refrigerator |
Building
| Onsite Laundry |
Grounds
| Permit Parking |
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
Contact for more information on pet policy.
Building details
Property details
| Units | 16 |
|---|
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About Elmwood Pl. Apts.
Elmwood Pl. Apts. cost $695–$725 per month. Located at 500 Elmwood Pl, Austin, TX 78705, USA, Elmwood Pl. Apts. has studio bedroom units available. Based on the average rent price of studio in Austin, renting an apartment at Elmwood Pl. Apts. is 54% cheaper per month.Other apartment buildings in or around Austin include but are not limited to: 14233 The Lakes Blvd, 2915 Aftonshire Way, 8001 S Interstate 35, 6805 Wood Hollow Dr
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.
8.6
/10
Very GoodWith a solid 8.6 out of 10 overall, Elmwood Pl. Apts. is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, Elmwood Pl. Apts. has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
Price·8A 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.
Scoring a 8/10, Elmwood Pl. Apts. is a great option for renters looking for apartments in Hancock. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
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.
Elmwood Pl. Apts. goes above and beyond to provide sought-after conveniences and desirable perks, including onsite laundry. Renters looking for popular or luxurious features will find them here—and for that reason, Elmwood Pl. Apts. 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.
Elmwood Pl. Apts. 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·9A 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.
Elmwood Pl. Apts. has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
Trustworthiness·8A 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.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
Reviews from the web
Showing 3 highest rated
Great location and price. My friend is staying here and I may transfer over next year because it's closer to my classes :)
Tae Money
Feb 22, 2024
Can't beat this location for the price. Parking is reasonable and the maintenance is super kind. Would recommend 10/10.
Kaela Martin
Feb 22, 2024
We’re sharing just 3 of many, sorted highest to lowest. Visit the Google business profile to view all reviews.
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 Elmwood Pl. Apts. compares to other nearby properties.
Positives
- Less expensive
- Studio units are cheaper than other similar listings nearby
- High school nearby
- There is a high school 0.3 mile away
- Middle school nearby
- There is a middle school 2 miles away
- Images Available
- There are at least 10 photos of this address
- Laundry available on site
- Washers and dryers are available in-building or in-unit
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Rent trends in Hancock
Studio apartments at Elmwood Pl. Apts. cost about 54% less than the average rent price for studios in Hancock.
Median rents as of Sep 6 2025.
Hancock
Austin
| Month | Median Rent |
|---|---|
| September 2023 | $1,452 |
| October 2023 | $1,492 |
| November 2023 | $1,444 |
| December 2023 | $1,448 |
| January 2024 | $1,445 |
| February 2024 | $1,438 |
| March 2024 | $1,495 |
| April 2024 | $1,500 |
| May 2024 | $1,504 |
| June 2024 | $1,520 |
| July 2024 | $1,502 |
| August 2024 | $1,521 |
| September 2024 | $1,582 |
| October 2024 | $1,596 |
| November 2024 | $1,576 |
| December 2024 | $1,569 |
| January 2025 | $1,582 |
| February 2025 | $1,576 |
| March 2025 | $1,582 |
| April 2025 | $1,601 |
| May 2025 | $1,583 |
| June 2025 | $1,582 |
| July 2025 | $1,574 |
| August 2025 | $1,579 |
| September 2025 | $1,585 |
| Month | Median Rent |
|---|---|
| September 2023 | $1,672 |
| October 2023 | $1,613 |
| November 2023 | $1,508 |
| December 2023 | $1,478 |
| January 2024 | $1,424 |
| February 2024 | $1,300 |
| March 2024 | $1,371 |
| April 2024 | $1,477 |
| May 2024 | $1,502 |
| June 2024 | $1,505 |
| July 2024 | $1,519 |
| August 2024 | $1,501 |
| September 2024 | $1,511 |
| October 2024 | $1,516 |
| November 2024 | $1,498 |
| December 2024 | $1,496 |
| January 2025 | $1,504 |
| February 2025 | $1,514 |
| March 2025 | $1,514 |
| April 2025 | $1,504 |
| May 2025 | $1,493 |
| June 2025 | $1,504 |
| July 2025 | $1,531 |
| August 2025 | $1,414 |
| September 2025 | $1,527 |
Affordability calculator
Can I afford to live at 500 Elmwood Pl?
Bedrooms
StudioRent-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
$28,400/yr
With your selected rent-to-income ratio, you'd ideally want to make $28,400 annually to afford this studio median monthly rent price of $710.
For more information on rent affordability, visit our rent calculator.
Schools near Elmwood Pl. Apts.
Lee Elementary School
3308 hampton rd
austin, TX, 78705
K-6Public
A-
Rosedale School
7505 silvercrest dr
austin, TX, 78757
PK, K-12Public
Padron Elementary School
2011 w rundberg ln
austin, TX, 78758
PK, K-5Public
C
Uphaus Early Childhood Center
5200 freidrich ln
austin, TX, 78744
PK, KPublic
B
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Internet available near Elmwood Pl. Apts.
Getting around Austin near 500 Elmwood Pl
Walking
9/10
No car? No problem. Everything you need is within a few blocks.
Driving
6/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
9/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.
Transit
7/10
Popular public transit options are just a short walk from this location.
Points of interest for 500 Elmwood Pl, Austin
Groceries
7/10
At least one grocery store within a 15-minute walk
Shopping
7/10
Variety of shops within walking distance
Cafes
6/10
Some cafés within walking distance
Restaurants
8/10
Variety of restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
7/10
Variety of bars within walking distance
Explore the area around 500 Elmwood Pl
Red River
3213 Red River St
Red River Market
3213 Red River St
Wheatsville Food Co-op
3101 Guadalupe St
Teji's Indian Restaurant & Grocery
2100B Guadalupe St
Quarters Market
2222 Rio Grande St
Leah Marie Boutique LLC
210 W 27th St
Feathers & Arrows Boutique
2808 Whitis Ave
FP Movement
2424 Guadalupe St
Urban Outfitters
2406 Guadalupe St
Shoe Palace
2354 Guadalupe St
Bandit Coffee, Matcha, & Ice Cream
2902 Medical Arts St
Square Peg Coffee Company
104 E 31st St
Lucky Lab Coffee
2421 San Antonio St
Starbucks
504 W 24th St
Pacha Organic Cafe
2915 Guadalupe St
Taco Joint
2807 & 2809 San Jacinto Blvd
Crown & Anchor Pub
2911 San Jacinto Blvd
Mockingbird Saloon
2610 Guadalupe St
Bar Moxy
2552 Guadalupe St
Moody's Kitchen & Bar
2530 Guadalupe St
Doom Cookie Bakery
306 E 30th St
Cornucopia Popcorn
3211 Red River St
Einstein Bros Bagels
2404 Guadalupe St
Black's Barbecue Austin
3110 Guadalupe St
Elizalde's Industries
314 W 17th St
Eastwoods Park
Adams Park
Hemphill Park
Sparky Pocket Park
Renaissance Market
Posse East
2900 Duval St
Taco Joint
2807 & 2809 San Jacinto Blvd
Idc Pizza LLC
3000 Duval St
Ben's Soft Pretzels
2515 Speedway
George's Cafe
727 E Dean Keeton 1.108BA
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Duval / Dove Springs
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San Jacinto / Dean Keeton NW Corner
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Forty Acres, Forty Acres
M L King Jr Station
Red Line, Red Line
Downtown Station
Red Line, Red Line
Plaza Saltillo Station
Red Line, Red Line
Highland Station
Red Line, Red Line
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