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Highlights

  • Pet Friendly

Location

500 N Montgomery Ave, Sheffield, AL 35660, USA
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Contact

Management

Wind River Property Management LLC

Leasing office

(833) 652-6333

Property Overview

Park Place Apartments features a strong overall rating of 8 out of 10 according to Zumper, highlighting its excellent balance of amenities, price, and location. The property excels with a price rating of 9, further enhanced by its prime location near schools, restaurants, and parks, fostering an active social environment and sustainable living. Trustworthiness is also emphasized, ensuring potential renters have a clear understanding of what to expect.

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.

Zumper Expert Rating

8.0
Very Good
With a solid 8 out of 10 overall, Park Place Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Park Place 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.

Things you’ll love

  • High school nearby
  • More space

Great for

  • Eco living
  • Social life

Floor plans

0BR/1.0BAStudio1 bath518 sqft$700 /mo3 units available
1BR/1.0BA1 bed1 bath508+ sqft$725–$800 /mo3 units available
2BR/2.0BA2 bed2 bath613+ sqft$850–$1,000 /mo2 units available

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Amenities for Park Place Apartments

Building

Cats OKDogs OK
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. Refundable.

Contact Property

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units112
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About Park Place Apartments

HomeApartments in Sheffield Park Place Apartments

Park Place Apartments cost $700–$1,000 per month. Located at 500 N Montgomery Ave, Sheffield, AL 35660, USA, Park Place Apartments has studio — 2 bedroom units available. Based on the average rent price of 2 bedrooms in Sheffield, renting an apartment at Park Place Apartments is 44% more expensive per month.Other apartment buildings in or around Sheffield include but are not limited to: 439 N Magnolia St


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.
8.0
/10
Very Good
With a solid 8 out of 10 overall, Park Place Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Park Place 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.
How we rated Park Place Apartments
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.
Park Place Apartments 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·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, Park Place 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.
Park Place 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 Park Place 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.
Park Place 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.

Park Place Apartments is great for:

Eco living

  • 7 parks within a mile
  • Public transit available nearby
  • You can get around by foot in this area

Social life

  • Areas nearby are accessible by walking
  • 16 restaurants within 1 mile of this property
  • Area has 7 parks and recreation options
  • 5 theaters, music venues, or sports arenas nearby

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 Park Place Apartments compares to other nearby properties.

Positives

High school nearby
There is a high school 1 mile away
More space
Studio is 375 sqft larger than other listings nearby

Considerations

Lacks images
Fewer than 10 photos available for this location
No in-unit dishwasher
Dishwashers aren't available

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Rent trends in Sheffield

Studio apartments at Park Place Apartments cost about 12% more than the average rent price for studios in Sheffield.

1-bedroom apartments here are priced about the same as 1-bedrooms in Sheffield.

If you decide to upgrade your space, you can expect 2-bedrooms at Park Place Apartments to be 22% more than the average for similarly sized apartments in Sheffield.

Median rents as of Nov 1 2025.
Sheffield
A table of studio rental data trends in Sheffield
MonthMedian Rent
July 2024$675
June 2025$675
July 2025$675
August 2025$675
September 2025$675
October 2025$625
November 2025$625

Affordability calculator

Can I afford to live at 500 N Montgomery Ave?

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

$28,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $28,000 annually to afford this studio monthly rent price of $700.
For more information on rent affordability, visit our rent calculator.

Schools near Park Place Apartments

Threadgill Primary School

900 annapolis ave

sheffield, AL, 35660

PK, K-2Public
B+

L. E. Willson Elementary School

2200 31st st

sheffield, AL, 35660

3-6Public
B-
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Internet available near Park Place Apartments

Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Sheffield near 500 N Montgomery Ave

Walking

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

Driving

6/10
This area is close to freeways and has adequate parking options.

Cycling

4/10
This is semi-bikeable, but you’ll need another way of getting around.

Points of interest for 500 N Montgomery Ave, Sheffield

Groceries

9/10
At least one supermarket within a 10-minute walk

Shopping

5/10
Several shops within walking distance

Cafes

1/10
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 10-minute walk

High schools

6/10
At least one high school within a 20-minute walk

Nightlife

4/10
Some bars within walking distance

Explore the area around 500 N Montgomery Ave

JMBL Inc
502 N Montgomery Ave
Sheffield Foodland
104 S Montgomery Ave
Foodland Discount Foods
106 Town Plz
Foodland Plus
400 S Montgomery Ave
Walmart Supercenter
301 Avalon Ave

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By sending this inquiry, I accept Zumper's Terms and Conditions, Privacy Policy, and Community Values. By providing my phone number, I consent (not a condition of purchase) to be called and texted by Park Place Apartments.