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Updated 14 hours ago

Centennial Terrace


507 E Main St Richmond, VA

1 Bed
•
1 Bath

686 Sq. Ft.

Available starting May. 7th
Floor plans
Studio • 1 Bath
$1,129 - $1,196
468 ft2
0 Available
Unit 401
$1,196
Rented
View
Unit 301
$1,196
Rented
View
Unit 201
$1,129+
Rented
View
Studio • 1 Bath
$1,299 - $1,312
516 ft2
0 Available
Unit 508
$1,299+
Rented
View
Studio • 1 Bath
$1,185 - $1,210
498 ft2
0 Available
Unit 503
$1,210
Rented
View
Unit 303
$1,185
Rented
View
1 Bed • 1 Bath
$1,416
686 ft2
1 Available
Unit 202
$1,416
Available May 7th, 2026
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Where you'll live
Street View
Map View
Satellite View
Centennial Terrace
Centennial Terrace
Centennial Terrace
Amenities
In-unit Laundry
Air Conditioning
Fitness Center
Refrigerator
Garbage Disposal
Walk In Closets
Public Transportation
Internet Included
Controlled Access
On Bus Line
Granite Countertop
Roof Top Patio
Roof Top Access
Online Payments
Package Receiving
Heat: Forced Air
Central A / C
Stainless Steel Appliances
Microwave
Ceiling Fans
Cable Ready
Gated Entry
Clubhouse
Dishwasher
Sun Deck
Stainless Appliances
Range / Oven
High-speed Internet
Cable-ready
Secured Entry
24-hour Maintenance
Freezer
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Pet Friendly Community
Lease & Fees
Lease Length:

10, 12, 15, 18

Property details
Description

Experience brand new, gorgeous apartments in downtown Richmond, VA. With a spectacular outdoor terrace with city views, modern interior finishes, and large rooms and closets, this is a one of a kind living experience.

Additional Details
Total Unit Count: 55
Last Updated: Updated 14 hours ago
Contact Number: (888) 643-4356
Property manager information
Gates Hudson
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Office Hours
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 - 5:30 PM
Saturday: 9:00 AM - 5:30 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 Centennial Terrace by bedroom type below.
1 Bedroom
Suggested income:
$51,000
per year
Rent report

Centennial Terrace Rent vs. Richmond Average

 Centennial Terrace      Richmond Average
1BR
$1,416
$1,489
$0
$500
$1,000
$1,500
$2,000

Centennial Terrace is asking 5% 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.

Centennial Terrace provides 2% more square footage than the average Richmond 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Centennial Terrace
1BR $1,416 $2.10 $4,248
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
University Student Commons 0.9 mi 19 min 8 min 2 min
Recreational Sports Center 1.0 mi 19 min 5 min 2 min
Cabell Library 1.0 mi 20 min 8 min 3 min
W. Grace Street 1.1 mi 23 min 6 min 3 min
Stuart Siegel Center 1.3 mi 26 min 8 min 3 min
Nearby Hospitals
Name Distance
Vcu Health System 0.52 mi.
Vcu Health System 0.56 mi.
Bon Secours Richmond Community Hospital 1.8 mi.
Nearby Fire Stations
Name Distance
Henrico County Division Of Fire 6.35 mi.
Mechanicsville Fire & Ambulance Department 7.85 mi.
Henrico County Division Of Fire 7.9 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
There are no units with move-in dates in the next 2 months. The next unit is available for move-in on May 07, 2026.
What's the square footage of the available units?
It's 686 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
Where is this property located?
This property is at 507 E Main St in Richmond, VA. It's 1.3 miles southeast from the center of Richmond.
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