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Updated 2 hours ago

The Penny at Jackson Ward


2 W Marshall Street Richmond, VA

Studio - 2 Bed
•
1 - 2 Bath

491 - 1,015 Sq. Ft.

Available Now
Deal
Zero Security Deposit Community powered by LeaseLock. Ask for details today!
Floor plans
Studio • 1 Bath
$1,375 - $2,466
552 ft2
1 Available
Managed By: Gates Hudson
Unit 229
$1,375+
Available Now
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View Rented Units
Studio • 1 Bath
$1,224 - $2,613
491 ft2
2 Available
Managed By: Gates Hudson
Unit 306
$1,299+
Available Now
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Unit 406
$1,224+
Available Dec 27th, 2024
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View Rented Units
Studio • 1 Bath
$1,139 - $2,178
538 ft2
1 Available
Managed By: Gates Hudson
Unit 121
$1,139+
Available Nov 23rd, 2024
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Studio • 1 Bath
$1,364 - $2,340
592 ft2
1 Available
Managed By: Gates Hudson
Unit 609
$1,364+
Available Dec 22nd, 2024
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1 Bed • 1 Bath
$2,016 - $3,244
1015 ft2
1 Available
Managed By: Gates Hudson
Unit 611
$2,016+
Available Now
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1 Bed • 1 Bath
$1,312 - $2,114
594 ft2
1 Available
Managed By: Gates Hudson
Unit 204
$1,312+
Available Now
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1 Bed • 1 Bath
$1,334 - $2,158
765 ft2
2 Available
Managed By: Gates Hudson
Unit 114
$1,347+
Available Now
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Unit 119
$1,334+
Available Nov 3rd, 2024
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1 Bed • 1 Bath
$1,489 - $2,405
715 ft2
1 Available
Managed By: Gates Hudson
Unit 509
$1,489+
Available Nov 11th, 2024
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1 Bed • 1 Bath
$1,384 - $2,247
670 ft2
1 Available
Managed By: Gates Hudson
Unit 515
$1,384+
Available Dec 29th, 2024
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2 Beds • 2 Bath
$1,830 - $3,029
825 ft2
1 Available
Managed By: Gates Hudson
Unit 108
$1,830+
Available Dec 29th, 2024
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Where you'll live
Street View
Map View
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The Penny at Jackson Ward
The Penny at Jackson Ward
The Penny at Jackson Ward
Location ratings
Walk Score®
96
Walker's Paradise
Amenities
In-unit Laundry
Air Conditioning
Fitness Center
Disability Access
Refrigerator
Pool
Public Transportation
Controlled Access
Mobile Access Pass
Package Receiving
Court Yard
Bike Parking
Coffee Bar
Smoke-free Community
Near Hospital
Near Grocery Store
Near Fire Department
On-site Restaurant
On-site Maintenance
Professional On-site Management
Wheelchair Access
Cable-ready
Dishwasher
Balcony, Deck, Patio
Carpet
Living Room
Range / Oven
Microwave
Stainless Steel Appliances
Freezer
24-hour Maintenance
High-speed Internet
Tile Floor
Granite Countertop
High / Vaulted Ceiling
Elevator
Secured Entry
Gated Entry
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Pet Friendly Community
Parking
Covered Parking
Off-street Parking
Garage - Attached
More Info:

Garage Parking starting at $125 per month

Lease & Fees
Lease Length:

None

Property details
Description

The Penny Luxury Apartments in Downtown Richmond VA

The Penny, located at 2 W Marshall Street in historic Jackson Ward, is a brand-new luxury apartment building featuring pet-friendly studio, one bedroom, and two bedroom apartments. The Penny is where modern luxury living meets history. Located conveniently Downtown, this walkable neighborhood is convenient to VCU, restaurants, businesses, and more. The Penny offers city living with luxury amenities, including a rooftop terrace, fitness center, garage parking, bike racks, pool, and more. Each controlled access luxury apartment features contemporary kitchens, modern appliances, washer & dryer, blazing fast internet, and the open floorplans synonymous with modern living.

Additional Details
Total Unit Count: 167
Last Updated: Updated 2 hours ago
Contact Number: (833) 224-3853
Property manager information
Gates Hudson
Ask a question
Office Hours
Sunday: 11:00 AM - 5:00 PM
Monday: 9:00 AM - 5:30 PM
Tuesday: 9:00 AM - 5:30 PM
Wednesday: 11:00 AM - 5:30 PM
Thursday: 9:00 AM - 5:30 PM
Friday: 9:00 AM - 5:00 PM
Saturday: 9:00 AM - 4:00 PM
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Photos Floor Plans Amenities
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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 The Penny at Jackson Ward by bedroom type below.
Studio
Suggested income:
$46,100
per year
1 Bedroom
Suggested income:
$53,300
per year
2 Bedroom
Suggested income:
$65,900
per year
Rent report

The Penny at Jackson Ward Rent vs. Richmond Average

 The Penny at Jackson Ward      Richmond Average
Studio
$1,280
$1,310
$0
$450
$900
$1,350
$1,800
1BR
$1,480
$1,473
$0
$500
$1,000
$1,500
$2,000
2BR
$1,830
$1,751
$0
$600
$1,200
$1,800
$2,400

The Penny at Jackson Ward is asking 0% more than the average 1 bedroom apartment in Richmond.

If you upsized to an average priced Richmond 2 bedroom apartment, you would pay 16% more per month.

If you downsized to an average priced Richmond studio apartment, you would pay 12% less per month.

The Penny at Jackson Ward provides 10% more square footage than the average Richmond 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
The Penny at Jackson Ward
Studio $1,280 $2.40 $3,841
1BR $1,480 $2.00 $4,441
2BR $1,830 $2.20 $5,490
Richmond Average
Studio $1,310 $2.40 $3,929
1BR $1,473 $2.10 $4,420
2BR $1,751 $1.80 $5,252
3BR $2,206 $1.60 $6,617
4BR $2,103 $1.20 $6,310

Availability in Richmond

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 919 1BR units on the market in Richmond. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
4% 43% 40% 12% 1%
Available Units in Richmond
Studio 79
1BR 919
2BR 850
3BR 267
4BR 31
Location
Nearby College

Virginia Commonwealth University

Campus Buildings and Attractions
Distance Walking Biking Driving
Stuart Siegel Center 0.9 mi 17 min 7 min 3 min
W. Grace Street 0.9 mi 17 min 6 min 3 min
Cabell Library 0.9 mi 18 min 7 min 3 min
University Student Commons 0.9 mi 18 min 8 min 3 min
Recreational Sports Center 1.0 mi 18 min 6 min 3 min
Nearby Hospitals
Name Distance
Vcu Health System 0.74 mi.
Vcu Health System 0.77 mi.
Children's Hospital Of Richmond At Vcu (Brook Road) 1.78 mi.
Nearby Fire Stations
Name Distance
Henrico County Division Of Fire 6.55 mi.
Henrico County Division Of Fire 7.52 mi.
Mechanicsville Fire & Ambulance Department 7.6 mi.
FAQs
Is this property currently leasing units?
Yes. There are 12 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 12 units available for move-in over the next 2 months. 5 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 491 to 1,015 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 $1,139 to $3,244. The Penny at Jackson Ward has studio units available starting at $1,139, 1 bedroom units available starting at $1,312, and 2 bedroom units available starting at $1,830.
Where is this property located?
This property is at 2 W Marshall Street in Richmond, VA. It's 1.1 miles east from the center of Richmond.
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