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501 Ashland Ave earns strong marks overall, with an 8.9 rating, high scores for price, amenities, location, and quality, plus solid trustworthiness. It is noted for large windows, 27 photos, and strong value per square foot, and it’s considered great for sustainability, nearby parks, public transit, and walkability, though the nearest grocery and transit options are relatively far.
Things you’ll love
Great for
| 0BR/1.0BA | Studio | 1 bath | 400 sqft | $1,100 /mo | 1 unit available | Large, mid-century modern apartment with lots of big windows and great light and views of the Historic Hill Neighborhood. Two baths. Walk to shops, restaurants and clubs on Selby and Grand Avenue or walk/run/bike down Summit to the River. Close to downtown and walking distance to Mississippi Market. | |
| 1BR/2.0BA | 1 bed | 2 bath | 800 sqft | $1,495 /mo | 1 unit available | Loft Style 1 bedroom, 2 bathrooms offers granite counter tops, stainless appliances and new wood floors. Master Bath plus a Guest Bath with Washer/Dryer. Stainless Steel Appliances, Cabinets and Baseboards. Granite Countertops. Huge Windows fill the space with light. Walk to Shops, Restaurants and Clubs on Grand and Selby in the Historic Hill District. Stroll on Summit Ave or wander the lovely side streets. Easy access to either downtown, airport and public transit. |
Let's explore this property.
Apartment Amenities
| Central Heat | Heating |
| Trash |
Appliances
| Dishwasher | Electric |
| In-Unit Laundry | Range |
| Refrigerator | Stove |
| Washer and Dryer |
Tech
| WiFi |
Building
| Water/Sewer |
One-time.
One-time. Refundable.
| Units | 17 |
|---|
Large, mid-century modern apartment with lots of big windows and great light and views of the Historic Hill Neighborhood. Two baths. Walk to shops, restaurants and clubs on Selby and Grand Avenue or walk/run/bike down Summit to the River. Close to downtown and walking distance to Mississippi Market.
How 501 Ashland Ave compares to other nearby properties.
Positives
Considerations
Studio apartments at 501 Ashland Ave cost about 12% more than the average rent price for studios in Summit - University.
1-bedroom apartments here are priced 25% higher than 1-bedrooms in Summit - University.
| Month | Median Rent |
|---|---|
| July 2024 | $1,095 |
| August 2024 | $1,104 |
| September 2024 | $1,099 |
| October 2024 | $1,061 |
| November 2024 | $1,107 |
| December 2024 | $1,129 |
| January 2025 | $1,117 |
| February 2025 | $1,075 |
| March 2025 | $1,101 |
| April 2025 | $1,109 |
| May 2025 | $1,108 |
| June 2025 | $1,114 |
| July 2025 | $1,091 |
| August 2025 | $1,102 |
| September 2025 | $1,099 |
| October 2025 | $1,096 |
| November 2025 | $1,094 |
| December 2025 | $1,129 |
| January 2026 | $1,128 |
| February 2026 | $1,143 |
| March 2026 | $1,117 |
| April 2026 | $1,128 |
| May 2026 | $1,118 |
| June 2026 | $1,106 |
| July 2026 | $1,100 |
| Month | Median Rent |
|---|---|
| July 2024 | $960 |
| August 2024 | $921 |
| September 2024 | $944 |
| October 2024 | $925 |
| November 2024 | $1,019 |
| December 2024 | $951 |
| January 2025 | $942 |
| February 2025 | $869 |
| March 2025 | $988 |
| April 2025 | $1,156 |
| May 2025 | $995 |
| June 2025 | $1,080 |
| July 2025 | $951 |
| August 2025 | $926 |
| September 2025 | $965 |
| October 2025 | $932 |
| November 2025 | $937 |
| December 2025 | $955 |
| January 2026 | $931 |
| February 2026 | $1,005 |
| March 2026 | $969 |
| April 2026 | $975 |
| May 2026 | $989 |
| June 2026 | $981 |
| July 2026 | $979 |
Can I afford to live at 501 Ashland Ave?
Bedrooms
Rent-to-income ratio
30%
$44,000/yr
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