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Updated 20 minutes ago

Monroe Park Towers Apartments


520 W Franklin St Richmond, VA

2 Bed
•
1 Bath

760 Sq. Ft.

Available Now
Floor plans
Studio • 1 Bath
$1,164 - $1,211
485 ft2
0 Available
Managed By: Monroe Park Towers
1-1701
$1,211
Rented
View
1-1101
$1,197
Rented
View
1-0301
$1,197
Rented
View
1-1501
$1,197
Rented
View
1-0501
$1,197
Rented
View
1-0601
$1,164
Rented
View
1-0801
$1,197
Rented
View
1-0701
$1,197
Rented
View
1-0901
$1,197
Rented
View
1-1001
$1,197
Rented
View
Studio • 1 Bath
$1,163 - $1,268
451 ft2
0 Available
Managed By: Monroe Park Towers
1-0806
$1,195
Rented
View
1-0306
$1,163
Rented
View
1-0906
$1,268
Rented
View
1-1106
$1,164
Rented
View
1-1506
$1,164
Rented
View
1-1406
$1,164
Rented
View
1-1903
$1,164
Rented
View
1 Bed • 1 Bath
$1,437 - $1,549
630 ft2
0 Available
Managed By: Monroe Park Towers
1-0408
$1,437
Rented
View
1-0502
$1,437
Rented
View
1-0602
$1,437
Rented
View
1-1405
$1,447
Rented
View
1-0702
$1,537
Rented
View
1-1608
$1,549
Rented
View
1-1708
$1,451
Rented
View
1-1102
$1,437
Rented
View
1-1005
$1,532
Rented
View
1-1505
$1,448
Rented
View
1 Bed • 1 Bath
$1,183 - $1,380
593 ft2
0 Available
Managed By: Monroe Park Towers
1-1712
$1,380
Rented
View
1-0412
$1,362
Rented
View
1-1212
$1,371
Rented
View
1-0312
$1,360
Rented
View
1-1612
$1,183
Rented
View
1-0712
$1,364
Rented
View
1-1012
$1,364
Rented
View
1 Bed • 1 Bath
$1,310 - $1,460
565 ft2
0 Available
Managed By: Monroe Park Towers
1-1904
$1,460
Rented
View
1-0707
$1,338
Rented
View
1-1207
$1,344
Rented
View
1-1804
$1,452
Rented
View
1-0307
$1,310
Rented
View
1-0607
$1,333
Rented
View
1 Bed • 1 Bath
$1,700
760 ft2
0 Available
Managed By: Monroe Park Towers
1-1003
$1,700
Rented
View
1 Bed • 1 Bath
$1,437
630 ft2
0 Available
Managed By: avail
$1,437 - 1 Bedroom 1 Bathroom Apartment In Richmond With Great Amenities
$1,437
Rented
View
2 Beds • 1 Bath
$1,750
760 ft2
3 Available
Managed By: Monroe Park Towers
1-0603
$1,750
Available Now
View
1-0803
$1,750
Available Now
View
1-1110
$1,750
Available Aug 18th, 2026
View
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3 Beds • 2 Bath
$2,175 - $2,582
1390 ft2
0 Available
Managed By: Monroe Park Towers
1-1902
$2,582
Rented
View
1-1901
$2,400
Rented
View
1-1905
$2,400
Rented
View
1-1805
$2,175
Rented
View
Where you'll live
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Monroe Park Towers Apartments
Monroe Park Towers Apartments
Monroe Park Towers Apartments
Location ratings
Walk Score®
95
Walker's Paradise
Transit Score®
59
Good Transit
Bike Score®
83
Very Bikeable
Fees & leasing info
Pets
Cats Ok
Lease & Fees
Security Deposit: $500
Property details
Additional Details
Total Unit Count: 180
Last Updated: Updated 20 minutes ago
Contact Number: (804) 644-8659
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Photos Floor Plans
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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 Monroe Park Towers Apartments by bedroom type below.
2 Bedroom
Suggested income:
$63,000
per year
Rent report

Monroe Park Towers Apartments Rent vs. Richmond Average

 Monroe Park Towers Apartments      Richmond Average
2BR
$1,750
$1,694
$0
$600
$1,200
$1,800
$2,400

Monroe Park Towers Apartments is asking 3% more than the average 2 bedroom apartment in Richmond.

If you upsized to an average priced Richmond 3 bedroom apartment, you would pay 17% more per month.

If you downsized to an average priced Richmond 1 bedroom apartment, you would pay 16% less per month.

Monroe Park Towers Apartments provides 21% less square footage than the average Richmond 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Monroe Park Towers Apartments
2BR $1,750 $2.30 $5,250
Richmond Average
Studio $1,293 $2.50 $3,879
1BR $1,456 $2.10 $4,367
2BR $1,694 $1.80 $5,083
3BR $2,034 $1.60 $6,101
4BR $2,546 $1.70 $7,637

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 1,033 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 103
1BR 1,033
2BR 950
3BR 282
4BR 30
Location
Nearby College

Virginia Commonwealth University

FAQs
Is this property currently leasing units?
Yes. There are 3 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 3 units available for move-in over the next 2 months. 2 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units are 760 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats.
How many bedrooms are in the available units?
There are 2 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 starts at $1,750. Monroe Park Towers Apartments has 2 bedroom units available starting at $1,750.
Where is this property located?
This property is at 520 W Franklin St in Richmond, VA. It's 0.7 miles east from the center of Richmond.
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