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Updated 4 hours ago

The Penny at Jackson Ward


2 W Marshall Street Richmond, VA

Studio - 1 Bed
•
1 Bath

491 - 724 Sq. Ft.

Available Now
Deal
Zero Security Deposit Community powered by LeaseLock. Ask for details today!
Floor plans
Studio • 1 Bath
$1,177 - $2,613
491 ft2
3 Available
Managed By: Gates Hudson
Unit 306
$1,299+
Available Now
View
Unit 406
$1,177+
Available Dec 27th, 2024
View
Unit 506
$1,186+
Available Jan 11th, 2025
View
View Rented Units
Studio • 1 Bath
$1,399 - $2,489
552 ft2
1 Available
Managed By: Gates Hudson
Unit 329
$1,399+
Available Jan 12th, 2025
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View Rented Units
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1 Bed • 1 Bath
$1,499 - $2,342
715 ft2
2 Available
Managed By: Gates Hudson
Unit 109
$1,499+
Available Jan 5th, 2025
View
Unit 409
$1,645+
Available Jan 7th, 2025
View
View Rented Units
1 Bed • 1 Bath
$1,590 - $2,516
724 ft2
1 Available
Managed By: Gates Hudson
Unit 524
$1,590+
Available Mar 7th, 2025
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View Rented Units
View More
2 Beds • 2 Bath
$1,584 - $2,708
894 ft2
0 Available
Managed By: Gates Hudson
-
$1,600
Rented
View
-
$1,610
Rented
View
Unit 228
$1,725+
Rented
View
-
$1,584+
Rented
View
2 Beds • 2 Bath
$1,564 - $2,755
932 ft2
0 Available
Managed By: Gates Hudson
-
$Ask
Rented
View
-
$1,660+
Rented
View
-
$1,564+
Rented
View
Unit 501
$1,889+
Rented
View
2 Beds • 2 Bath
$1,450 - $2,863
825 ft2
0 Available
Managed By: Gates Hudson
-
$1,904+
Rented
View
-
$1,699+
Rented
View
-
$1,485+
Rented
View
-
$1,546+
Rented
View
-
$1,614+
Rented
View
-
$1,469+
Rented
View
-
$1,654+
Rented
View
Unit 107
$1,450+
Rented
View
Unit 508
$1,675+
Rented
View
Unit 208
$1,719+
Rented
View
2 Beds • 2 Bath
$1,699 - $3,251
856 ft2
0 Available
Managed By: Gates Hudson
Unit 603
$2,060+
Rented
View
Unit 503
$1,809+
Rented
View
Unit 303
$1,699+
Rented
View
Unit 403
$1,986+
Rented
View
Unit 203
$1,893+
Rented
View
2 Beds • 2 Bath
$1,954
932 ft2
0 Available
Managed By: Landing Furnished Apartment
Unit 201
$1,954
Rented
View
Where you'll live
Street View
Map View
Satellite View
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 4 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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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:
$45,500
per year
1 Bedroom
Suggested income:
$56,800
per year
Rent report

The Penny at Jackson Ward Rent vs. Richmond Average

 The Penny at Jackson Ward      Richmond Average
Studio
$1,265
$1,298
$0
$450
$900
$1,350
$1,800
1BR
$1,578
$1,461
$0
$550
$1,100
$1,650
$2,200

The Penny at Jackson Ward is asking 8% 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 13% less per month.

The Penny at Jackson Ward provides 5% 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 $1,265 $2.50 $3,796
1BR $1,578 $2.20 $4,734
Richmond Average
Studio $1,298 $2.40 $3,895
1BR $1,461 $2.10 $4,383
2BR $1,747 $1.80 $5,240
3BR $2,177 $1.60 $6,531
4BR $2,220 $1.30 $6,660

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 890 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% 39% 13% 1%
Available Units in Richmond
Studio 77
1BR 890
2BR 813
3BR 271
4BR 23
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 7 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 6 units available for move-in over the next 2 months. 1 unit is vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 491 to 724 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 and 1 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,177 to $2,613. The Penny at Jackson Ward has studio units available starting at $1,177 and 1 bedroom units available starting at $1,499.
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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