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Updated 4 hours ago

Centennial Terrace


507 E Main St Richmond, VA

1 Bed
•
1 Bath

686 - 714 Sq. Ft.

Available Now
Floor plans
Studio • 1 Bath
$1,196
468 ft2
0 Available
Unit 401
$1,196
Rented
View
Unit 301
$1,196
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
$1,514
714 ft2
1 Available
Unit 411
$1,514
Available Now
View
View Rented Units
1 Bed • 1 Bath
$1,364 - $1,416
686 ft2
1 Available
Unit 302
$1,364+
Available Feb 9th, 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 4 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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Contact Property
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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:
$51,800
per year
Rent report

Centennial Terrace Rent vs. Richmond Average

 Centennial Terrace      Richmond Average
1BR
$1,439
$1,478
$0
$500
$1,000
$1,500
$2,000

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

If you upsized to an average priced Richmond 2 bedroom apartment, you would pay 11% more per month.

If you downsized to an average priced Richmond studio apartment, you would pay 12% less per month.

Centennial Terrace provides 0% more square footage than the average Richmond 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Centennial Terrace
1BR $1,439 $2.10 $4,317
Richmond Average
Studio $1,320 $2.40 $3,961
1BR $1,478 $2.10 $4,433
2BR $1,669 $1.70 $5,007
3BR $2,039 $1.60 $6,118
4BR $3,623 $1.50 $10,868

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 912 2BR units on the market in Richmond. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
4% 41% 42% 12% 1%
Available Units in Richmond
Studio 86
1BR 888
2BR 912
3BR 261
4BR 15
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 are 2 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 2 units available for move-in over the next 2 months. 1 unit is vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 686 to 714 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 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 $1,364 to $1,514. Centennial Terrace has 1 bedroom units available starting at $1,364.
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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