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Updated 6 hours ago

The Penny at Jackson Ward


2 W Marshall Street Richmond, VA

Studio - 2 Bed
•
1 - 2 Bath

490 - 865 Sq. Ft.

Available Now
Deal
Zero Security Deposit Community powered by LeaseLock. Ask for details today!
Floor plans
Studio • 1 Bath
$1,360 - $2,146
491 ft2
1 Available
Managed By: Gates Hudson
Updated about 6 hours ago

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Unit 506
$1,360+
Available Now
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View Rented Units
Studio • 1 Bath
$1,315 - $2,226
715 ft2
1 Available
Managed By: Gates Hudson
Updated about 6 hours ago

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Unit 120
$1,315+
Available Now
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Studio • 1 Bath
$1,370 - $2,248
490 ft2
1 Available
Managed By: Gates Hudson
Updated about 6 hours ago

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Unit 606
$1,370+
Available May 17th, 2024
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1 Bed • 1 Bath
$1,499 - $2,607
765 ft2
9 Available
Managed By: Gates Hudson
Updated about 6 hours ago

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Unit 313
$1,559+
Available Now
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Unit 210
$1,549+
Available Now
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Unit 517
$1,624+
Available Now
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Unit 411
$1,614+
Available Apr 24th, 2024
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Unit 516
$1,499+
Available May 26th, 2024
View
Unit 216
$1,549+
Available Jun 18th, 2024
View
Unit 417
$1,614+
Available Jun 21st, 2024
View
Unit 111
$1,539+
Available Jun 29th, 2024
View
Unit 317
$1,559+
Available Jul 10th, 2024
View
View Rented Units
1 Bed • 1 Bath
$1,564 - $2,264
619 ft2
1 Available
Managed By: Gates Hudson
Updated about 6 hours ago

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Unit 304
$1,564+
Available Now
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View Rented Units
1 Bed • 1 Bath
$1,794 - $2,581
865 ft2
1 Available
Managed By: Gates Hudson
Updated about 6 hours ago

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Unit 601
$1,794+
Available Now
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1 Bed • 1 Bath
$1,475 - $2,528
540 ft2
1 Available
Managed By: Gates Hudson
Updated about 6 hours ago

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Unit 626
$1,475+
Available Now
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View Rented Units
1 Bed • 1 Bath
$1,399 - $2,303
526 ft2
1 Available
Managed By: Gates Hudson
Updated about 6 hours ago

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Unit 227
$1,399+
Available Apr 27th, 2024
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2 Beds • 2 Bath
$1,778 - $2,894
856 ft2
2 Available
Managed By: Gates Hudson
Updated about 6 hours ago

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Unit 503
$1,778+
Available Apr 26th, 2024
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Unit 403
$1,788+
Available Jun 23rd, 2024
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View Rented Units
2 Beds • 2 Bath
$1,583 - $2,478
825 ft2
1 Available
Managed By: Gates Hudson
Updated about 6 hours ago

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Unit 207
$1,583+
Available Aug 4th, 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
Pet Fee:

$300 ($500 for two pets)

Pet Rent:

$35/monthly ($50/mo for two pets)

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 6 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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Schools
Data provided by GreatSchools
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
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:
$48,500
per year
1 Bedroom
Suggested income:
$56,400
per year
2 Bedroom
Suggested income:
$61,800
per year
Rent report

The Penny at Jackson Ward Rent vs. Richmond Average

 The Penny at Jackson Ward      Richmond Average
Studio
$1,348
$1,271
$0
$450
$900
$1,350
$1,800
1BR
$1,566
$1,497
$0
$550
$1,100
$1,650
$2,200
2BR
$1,716
$1,728
$0
$600
$1,200
$1,800
$2,400

The Penny at Jackson Ward is asking 5% more than the average 1 bedroom apartment in Richmond.

If you upsized to an average priced Richmond 2 bedroom apartment, you would pay 13% more per month.

If you downsized to an average priced Richmond studio apartment, you would pay 18% less per month.

The Penny at Jackson Ward provides 3% 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 $1,348 $2.40 $4,045
1BR $1,566 $2.20 $4,698
2BR $1,716 $2.00 $5,149
Richmond Average
Studio $1,271 $2.50 $3,813
1BR $1,497 $2.20 $4,490
2BR $1,728 $1.70 $5,184
3BR $2,139 $1.60 $6,418
4BR $2,414 $1.20 $7,243

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 1,091 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% 46% 37% 10% 1%
Available Units in Richmond
Studio 102
1BR 1,091
2BR 882
3BR 236
4BR 32
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 23 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 16 units available for move-in over the next 2 months. 8 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 490 to 865 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 $1,315 to $2,894. The Penny at Jackson Ward has studio units available starting at $1,315, 1 bedroom units available starting at $1,399, and 2 bedroom units available starting at $1,778.
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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