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Updated 2 hours ago

Monroe Park Towers Apartments


520 W Franklin St Richmond, VA

1 - 3 Bed
•
1 - 2 Bath

630 - 1,390 Sq. Ft.

Available Now
Floor plans
Studio • 1 Bath
$1,196 - $1,211
485 ft2
0 Available
Managed By: Monroe Park Towers
1-1701
$1,211
Rented
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1-0801
$1,197
Rented
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1-0901
$1,197
Rented
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1-1101
$1,197
Rented
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1-0301
$1,196
Rented
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1-1501
$1,197
Rented
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Studio • 1 Bath
$1,163 - $1,268
451 ft2
0 Available
Managed By: Monroe Park Towers
1-1903
$1,181
Rented
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1-0806
$1,195
Rented
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1-0306
$1,163
Rented
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1-0906
$1,268
Rented
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1-1106
$1,164
Rented
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1-1506
$1,164
Rented
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1 Bed • 1 Bath
$1,287
630 ft2
1 Available
Managed By: Monroe Park Towers
1-0402
$1,287
Available Now
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2 Beds • 1 Bath
$1,625 - $1,800
760 ft2
6 Available
Managed By: Monroe Park Towers
1-0409
$1,631
Available Now
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1-0610
$1,800
Available Now
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1-0310
$1,625
Available Now
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1-0403
$1,625
Available Now
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1-0309
$1,625
Available Now
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1-0404
$1,625
Available Now
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3 Beds • 2 Bath
$2,175
1390 ft2
2 Available
Managed By: Monroe Park Towers
1-1905
$2,175
Available Now
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1-1805
$2,175
Available Now
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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 2 hours 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.
1 Bedroom
Suggested income:
$46,300
per year
2 Bedroom
Suggested income:
$59,600
per year
3 Bedroom
Suggested income:
$78,300
per year
Rent report

Monroe Park Towers Apartments Rent vs. Richmond Average

 Monroe Park Towers Apartments      Richmond Average
1BR
$1,287
$1,489
$0
$500
$1,000
$1,500
$2,000
2BR
$1,655
$1,686
$0
$550
$1,100
$1,650
$2,200
3BR
$2,175
$2,011
$0
$750
$1,500
$2,250
$3,000

Monroe Park Towers Apartments is asking 14% less than the average 1 bedroom apartment in Richmond.

If you upsized to an average priced Richmond 2 bedroom apartment, you would pay 12% more per month.

If you downsized to an average priced Richmond studio apartment, you would pay 17% less per month.

Monroe Park Towers Apartments provides 7% less square footage than the average Richmond 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Monroe Park Towers Apartments
1BR $1,287 $2.00 $3,861
2BR $1,655 $2.20 $4,966
3BR $2,175 $1.60 $6,525
Richmond Average
Studio $1,274 $2.70 $3,821
1BR $1,489 $2.20 $4,467
2BR $1,686 $1.70 $5,059
3BR $2,011 $1.60 $6,033
4BR $3,200 $1.40 $9,599

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 957 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 91
1BR 957
2BR 889
3BR 266
4BR 17
Location
Nearby College

Virginia Commonwealth University

Campus Buildings and Attractions
Distance Walking Biking Driving
Cabell Library 0.4 mi 7 min 4 min 2 min
University Student Commons 0.4 mi 8 min 4 min 1 min
W. Grace Street 0.5 mi 9 min 3 min 1 min
Recreational Sports Center 0.5 mi 10 min 3 min 2 min
Stuart Siegel Center 0.6 mi 12 min 5 min 2 min
Nearby Hospitals
Name Distance
Vcu Health System 1.1 mi.
Vcu Health System 1.13 mi.
Henrico Doctors' Hospital Retreat 1.45 mi.
Nearby Fire Stations
Name Distance
Henrico County Division Of Fire 6.93 mi.
Henrico County Division Of Fire 7.24 mi.
Mechanicsville Fire & Ambulance Department 7.87 mi.
FAQs
Is this property currently leasing units?
Yes. There are 9 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 9 units vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 630 to 1,390 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 1, 2 and 3 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 $1,287 to $2,175. Monroe Park Towers Apartments has 1 bedroom units available starting at $1,287, 2 bedroom units available starting at $1,625, and 3 bedroom units available starting at $2,175.
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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