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Updated 12 hours ago

Centennial Terrace


507 E Main St Richmond, VA

Studio - 1 Bed
•
1 Bath

498 - 686 Sq. Ft.

Available Now
Deal

Lock in now for ONE MONTH FREE on select available homes. Limited offer subject to availability and may change without notice. Offer valid for new applicants only - restrictions may apply.

Studio • 1 Bath
$1,185 - $1,299
516 ft2
1 Available
Unit 508
$1,185+
Available Now
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Studio • 1 Bath
$1,185 - $1,299
498 ft2
1 Available
Unit 303
$1,185+
Available Nov 20th, 2026
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View Rented Units
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1 Bed • 1 Bath
$1,496
686 ft2
1 Available
Unit 402
$1,496
Available Now
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2 Beds • 2 Bath
$2,095
1022 ft2
0 Available
PH3
$2,095
Rented
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Where you'll live
Street View
Map View
Satellite View
Amenities
In-unit Laundry
Air Conditioning
Fitness Center
Refrigerator
Garbage Disposal
Walk In Closets
Public Transportation
Internet Included
Controlled Access
On Bus Line
Clubhouse
Ceiling Fans
Roof Top Patio
Roof Top Access
Online Payments
Granite Countertop
Package Receiving
Gated Entry
Heat: Forced Air
Central A / C
Stainless Steel Appliances
Microwave
Dishwasher
Sun Deck
Stainless Appliances
Cable Ready
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 12 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
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.
Studio
Suggested income:
$42,700
per year
1 Bedroom
Suggested income:
$53,900
per year
Rent report

Centennial Terrace Rent vs. Richmond Average

 Centennial Terrace      Richmond Average
Studio
$1,185
$1,293
$0
$450
$900
$1,350
$1,800
1BR
$1,496
$1,456
$0
$500
$1,000
$1,500
$2,000

Centennial Terrace is asking 3% more than the average 1 bedroom apartment in Richmond.

If you upsized to an average priced Richmond 2 bedroom apartment, you would pay 14% more per month.

If you downsized to an average priced Richmond studio apartment, you would pay 13% less per month.

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

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Centennial Terrace
Studio $1,185 $2.30 $3,555
1BR $1,496 $2.20 $4,488
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
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 range from 498 to 686 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 $1,185 to $1,496. Centennial Terrace has studio units available starting at $1,185 and 1 bedroom units available starting at $1,496.
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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