What is the place value of 0 in 0.506

Think of the order going out right from the decimal place. Tenths, hundredths, thousandths, etc. Going left, you have the ones, tens, hundreds, etc. There are two zeroes in the number 0.506. The first is in the ones place, and the second in the hundredths place.

Ones place or Hundredths place.

0 is in the hundredth place