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Updated less than a minute ago

Faison Residence


Faison Residence 5322 Markel Rd Richmond, VA

2 Bed
•
2 Bath

1,014 Sq. Ft.

Available starting Jan. 2nd
Floor plans
2 Beds • 2 Bath
$1,550
1014 ft2
1 Available
Managed By: Faison Residence
Massive 2 Bedroom/ 2 Bathroom Apartment - Gorgeous!
$1,550
Available Jan 2nd, 2026
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Faison Residence
Faison Residence
Faison Residence
Location ratings
Walk Score®
72
Very Walkable
Bike Score®
45
Somewhat Bikeable
Amenities
On-site Laundry
Fitness Center
Storage
Disability Access
Refrigerator
Garbage Disposal
Trash Removal Included
Public Transportation
Range / Oven
Microwave
High-speed Internet
Smoke-free Community
Elevator
Stainless Appliances
Handicap Accessible
Fees & leasing info
Parking
Garage - Attached
Lease & Fees
Security Deposit: $500
Property details
Description

The Faison Residence is a state-of-the-art apartment community in Henrico County, Near West End. Located at the corner of Broad Street and Byrd Avenue, our over-sized apartments offer luxurious finishes, outstanding amenities, and a great location.
Our truly inclusive community offers apartment homes for rent to anyone who wants to enjoy all of the amenities and attributes of this amazing building. Residents with special needs, generally independent but needing support, will be your neighbor in a select number of units throughout the property.
For more information about our program for residents with special needs, please visit www.faisonresidence.org.

Additional Details
Total Unit Count: 45
Last Updated: Updated less than a minute ago
Contact Number: (804) 409-0742
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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 Faison Residence by bedroom type below.
2 Bedroom
Suggested income:
$55,800
per year
Rent report

Faison Residence Rent vs. Richmond Average

 Faison Residence      Richmond Average
2BR
$1,550
$1,669
$0
$550
$1,100
$1,650
$2,200

Faison Residence is asking 7% less than the average 2 bedroom apartment in Richmond.

If you upsized to an average priced Richmond 3 bedroom apartment, you would pay 18% more per month.

If you downsized to an average priced Richmond 1 bedroom apartment, you would pay 13% less per month.

Faison Residence provides 5% more square footage than the average Richmond 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Faison Residence
2BR $1,550 $1.50 $4,650
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

Nearby Hospitals
Name Distance
Encompass Health Rehabilitation Hospital Of Virginia 0.38 mi.
Vibra Hospital Of Richmond Llc 0.64 mi.
St. Marys Hospital Ambulatory Surgery Center 0.69 mi.
Nearby Fire Stations
Name Distance
Henrico County Division Of Fire 3.5 mi.
Farrington Volunteer Fire Department (Hanover County, Station 11) 5.47 mi.
Mechanicsville Fire & Ambulance Department 9.23 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?
This property has 1 unit available for move-in on January 02, 2026.
What's the square footage of the available units?
It's 1,014 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
How many bedrooms are in the available units?
There are 2 bedroom units available.
How many bathrooms are in the available units?
There are 2 bathroom units available.
What's the monthly rent at this property?
Faison Residence has a 2 bedroom unit starting at $1,550.
Where is this property located?
This property is at Faison Residence 5322 Markel Rd in Richmond, VA. It's 3.3 miles northwest from the center of Richmond.
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