This is the 862nd most frequent Hungarian word.
hely
"Place" or "location."
In this sentence, 'hely' means 'location' or 'place' and is used to describe a specific site or area.
Ez a hely nagyon szép.
This place is very beautiful.
Here, 'hely' refers to 'space', indicating physical room or area available.
A konyhában már nincs hely az új tányéroknak.
There is no space left in the kitchen for new plates.
In this context, 'hely' is part of an expression meaning 'in one's position or situation', metaphorically referring to one's circumstances.