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. Laundry Room, Remodeled Units, Key Fobs, Stainless Steel Appliances, Walkable community, Courtyard, Key Fob Access, Fully Remodeled, Central Air and Heat, Washer/Dryer Hookup, Private Yard, Dishwasher, Fridge, Microwave, Stove & Vaulted Ceilings. Pet Friendly.
RentalSource last checked: July 16, 2026 at 7:54 AM ET
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Property Summary
Property Type:
Apartment
Rental Fee:
$725 - $1,200
Bedrooms:
1-2 beds
Bathrooms:
1-2 baths
Size:
508-1,984 sqft
Pet Friendly:
Yes
Listing Status:
Active
ID:
81869483
Property Amenities
• Air Conditioning
• Dishwasher
• Microwave
• Pet Friendly
• Refrigerator
• Vaulted Ceilings
• Washer/Dryer In Unit
Community Features
• Controlled Access
• Courtyard
• Laundry Facilities
Unit Rates
Name
Beds
Baths
Sqft
Rent
1 Bed
1
1
508
$725
1 Bed
1
1
600
$800
2 Beds
2
2
613
$850
2 Beds
2
2
750
$1,000
2 Beds
2
2
1,984
$1,200
Additional Details
Apartments for rent in Sheffield for $725-$1,200 with 1-2 beds, 1-2 baths, 508-1,984 sqft, pet friendly and located at 500 N Montgomery Ave in Sheffield, AL 35660. The averaged rental price of $963 is 8.1% ($72) higher than the average rent of $891 for apartments in Sheffield, AL and 6.3% ($57) higher than the average rent of $906 for apartments in Colbert County. 500 N Montgomery Ave was advertised by Wind River Property Management 6+ months ago and last updated today at 7:54 AM ET.
Affordability Calculator
Can I afford to live at 500 N Montgomery Ave?
Bedrooms
1 bedroom
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Recommended income
$29,000 /year
With your chosen rent-to-income ratio, an annual income of $29,000 is recommended to comfortably afford this 1-bedroom rental priced at $725 per month.