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Updated 2 hours ago

Park Place Apartments


500 N Montgomery Ave Sheffield, AL

Studio - 2 Bed
•
1 - 2 Bath

216 - 1,984 Sq. Ft.

Available Now
Floor plans
Studio • 1 Bath
$550
216 ft2
1 Available
Managed By: Wind River Property Management LLC
Unit 306
$550
Available Now
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Studio • 1 Bath
$700
518 ft2
4 Available
Managed By: Wind River Property Management LLC
Unit 602
$700
Available Now
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Unit 400
$700
Available Now
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Unit 607
$700
Available Jul 10th, 2026
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Unit 504
$700
Available Aug 10th, 2026
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1 Bed • 1 Bath
$800
600 ft2
1 Available
Managed By: Wind River Property Management LLC
Unit 804
$800
Available Now
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1 Bed • 1 Bath
$725
508 ft2
2 Available
Managed By: Wind River Property Management LLC
Unit 213
$725
Available Jul 13th, 2026
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Unit 221
$725
Available Jul 29th, 2026
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2 Beds • 2 Bath
$1,200
1984 ft2
1 Available
Managed By: Wind River Property Management LLC
PP4
$1,200
Available Now
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2 Beds • 2 Bath
$1,000
750 ft2
1 Available
Managed By: Wind River Property Management LLC
Unit 801
$1,000
Available Now
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2 Beds • 2 Bath
$850
613 ft2
1 Available
Managed By: Wind River Property Management LLC
Unit 402
$850
Available Jul 9th, 2026
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Where you'll live
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Park Place Apartments
Park Place Apartments
Park Place Apartments
Amenities
Stainless Appliances
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Lease & Fees
Security Deposit:

550 - 1200

Property details
Description

Welcome to the Historic Park Place Apartments
Discover the perfect blend of charm, convenience, and affordability at the Park Place Apartments, located in the heart of Sheffield, Alabama. Steeped in history and designed with modern living in mind, Park Place offers a unique living experience for students, professionals, and families.
Situated just 10 minutes from the University of North Alabama and 7 minutes from Northwest Shoals Community College, our location is ideal for students seeking off-campus housing or anyone looking to enjoy the vibrant Sheffield community. With easy access to local dining, shopping, and entertainment, everything you need is just minutes away.
A Community That Feels Like Home
Beyond the modern features and convenient location, Park Place Apartments offers a sense of community. Whether you're studying for exams, working remotely, or simply enjoying a quiet evening at home, our apartments provide a comfortable and welcoming environment.
Your New Home Awaits
Join our community today and experience the best of Sheffield living at Park Place Apartments. With flexible floor plans, affordable pricing, and unmatched convenience, there's no better place to call home.

Additional Details
Total Unit Count: 112
Last Updated: Updated 2 hours ago
Contact Number: (855) 408-3678
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Comcast Corporation 200.0 10.0
ViaSat, Inc. 35.0 3.0
Hughes Network Systems, LLC 25.0 3.0
AT&T Inc. 18.0 0.768
AT&T Inc. 6.0 0.512
Data from June 2020 provided by the FCC
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Photos Floor Plans Amenities
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Park Place Apartments by bedroom type below.
Studio
Suggested income:
$24,100
per year
1 Bedroom
Suggested income:
$27,000
per year
2 Bedroom
Suggested income:
$36,600
per year
Rent report

Park Place Apartments Rent vs. Sheffield Average

 Park Place Apartments      Sheffield Average
Studio
$670
$700
$0
$250
$500
$750
$1,000
1BR
$750
$750
$0
$250
$500
$750
$1,000
2BR
$1,017
$1,013
$0
$350
$700
$1,050
$1,400

Park Place Apartments is asking 4% less than the average studio apartment in Sheffield.

If you upsized to an average priced Sheffield 1 bedroom apartment, you would pay 7% more per month.

Park Place Apartments provides 12% less square footage than the average Sheffield studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Park Place Apartments
Studio $670 $1.50 $2,010
1BR $750 $1.40 $2,250
2BR $1,017 $0.90 $3,050
Sheffield Average
Studio $700 $1.40 $2,100
1BR $750 $1.40 $2,250
2BR $1,013 $1.00 $3,038
3BR $1,200 $1.20 $3,600
4BR $1,800 $0.90 $5,400

Availability in Sheffield

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 6 Studio units on the market in Sheffield. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
40% 20% 27% 7% 7%
Available Units in Sheffield
Studio 6
1BR 3
2BR 4
3BR 1
4BR 1
Location
Nearby College

University of North Alabama

Nearby Hospitals
Name Distance
Helen Keller Memorial Hospital 1.2 mi.
Shoals Hospital 1.67 mi.
Eliza Coffee Memorial Hospital 2.29 mi.
Nearby Fire Stations
Name Distance
Sheffield Fire & Rescue 0.44 mi.
Sheffield Fire & Rescue 0.52 mi.
Zip City Volunteer Fire Department 2.15 mi.
FAQs
Is this property currently leasing units?
Yes. There are 11 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 11 units available for move-in over the next 2 months. 6 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 216 to 1,984 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are studio, 1 and 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 and 2 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $550 to $1,200. Park Place Apartments has studio units available starting at $550, 1 bedroom units available starting at $725, and 2 bedroom units available starting at $850.
Where is this property located?
This property is at 500 N Montgomery Ave in Sheffield, AL. It's 0.5 miles west from the center of Sheffield.
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