Verified Renter
May 17, 2025 - Review from Apartments.com
Good place to move to Good place to move very clean very nice looking for other helpful I love it here
31 Photos4 Floorplans
- Student Housing
- 1–2 Bedrooms
- $1,521-$3,661 Plus Fees
- 724–932 Square Feet
Rent Specials
Zero Security Deposit Community powered by LeaseLock. Ask for details today!
About The Penny at Jackson Ward
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.
The Penny at Jackson Ward is located in the Jackson Ward Neighborhood and 23220 Zip code of Richmond, VA. This community is professionally managed by Gates, Hudson & Associates - Residential
Unique Features and Amenities
- 24/7 Package Pickup
- Bike Racks
- Blazing Fast Internet Included
- Built in Microwaves
- Collection of Balconies and Private Terraces
- Contemporary Kitchens
- Courtyard Lounge Areas
- Courtyard, Balcony or Rooftop Views
- Designer Island Kitchens
- Easy PULSE & GRTC accessibility
- Efficient Appliances
- Flexible, Short-Term Leasing Options
- Gorgeous Kitchen Tile Backsplash
- Housing Choice Voucher Program
- Lavish Granite Countertops
- Mobile Access Pass
- Open Floor Plan Layouts
- Patio/Balcony
- Pet Friendly
- Recessed and Pendant Lighting
- Report Rent and Build Credit with IDIQ
- Smoke Free Building
- Stainless Appliances
- Very Bikeable Score 89%
- Walkability Paradise Score 97%
- Wheelchair Access
- Wifi Lounge Areas
Property Contact Info
- Listed by:
- Agency:
- Vendor Logo:
- Website:
- View Property Website
- Call Us:
- (804) 441-7575
- Disclaimer:
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–5:00 pm |
| Saturday | 9:00 am–4:00 pm |
| Sunday | Closed |
Floorplan Pricing and Availability
The Penny at Jackson Ward offers 1 to 2 Bedroom apartments starting from $1,521 and having 724–932 sq ft. Here is the current pricing and availability:
New! Interactive Property Map
ApartmentHomeLiving.com's new Interactive Property Map allows you to see where every available unit is located at this community.Try It Now >1 Bedroom
The Ella (E-C)
From $1,521
1 Bed, 1 Bath, 724 sq ftPlus FeesAvailable January 7, 2027Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,521 January 7, 2027 324 724 Model Amenities and Features
Features
- Balcony
- Smoke Free
- Washer/Dryer
- Wi-Fi
Kitchen
- Granite Countertops
- Island Kitchen
- Kitchen
- Microwave
Unit 324 Lease Information
Unit Price
- $1,521
Model Lease Information
Model Price Range
- $1,521 - $2,398Plus Fees
Apartment Model: The Ella (E-C)From $1,5211 Bedroom, 1 Bath, 724 sq ftAvailable January 7, 2027![]()
The Ella (E-C) - Floorplan Apartment Unit: 324Apartment Model: The Ella (E-C)$1,5211 Bedroom, 1 Bath, 724 sq ftAvailable January 7, 20272 Bedrooms
The Louis (L-C)
From $2,044
2 Beds, 2 Baths, 894 sq ftPlus FeesAvailable Aug 17Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $2,044 August 17, 2026 528 894 Model Amenities and Features
Features
- Balcony
- Smoke Free
- Washer/Dryer
- Wi-Fi
Kitchen
- Granite Countertops
- Island Kitchen
- Kitchen
- Microwave
Unit 528 Lease Information
Unit Price
- $2,044
Model Lease Information
Model Price Range
- $2,044 - $3,661Plus Fees
Apartment Model: The Louis (L-C)From $2,0442 Bedroom, 2 Bath, 894 sq ftAvailable August 17, 2026![]()
The Louis (L-C) - Floorplan Apartment Unit: 528Apartment Model: The Louis (L-C)$2,0442 Bedroom, 2 Bath, 894 sq ftAvailable August 17, 2026The Louis (L-D)
From $1,994
2 Beds, 2 Baths, 932 sq ftPlus FeesAvailable Sep 7Cheapest 2 BedroomThis is the cheapest 2 Bedroom at this PropertyModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft View Details $2,015 September 7, 2026 301 932 $1,994 October 7, 2026 401 932 Model Amenities and Features
Features
- Balcony
- Smoke Free
- Washer/Dryer
- Wi-Fi
Kitchen
- Granite Countertops
- Island Kitchen
- Kitchen
- Microwave
Model Lease Information
Model Price Range
- $1,994 - $3,089
Current Available Pricing
- $1,994 - $2,015 Plus Fees
Unit 301 Lease Information
Unit Price
- $2,015
Model Lease Information
Model Price Range
- $1,994 - $3,089Plus Fees
Unit 401 Lease Information
Unit Price
- $1,994
Model Lease Information
Model Price Range
- $1,994 - $3,089Plus Fees
Apartment Model: The Louis (L-D)From $1,9942 Bedroom, 2 Bath, 932 sq ftAvailable September 7, 2026![]()
The Louis (L-D) - Floorplan Apartment Unit: 301Apartment Model: The Louis (L-D)$2,0152 Bedroom, 2 Bath, 932 sq ftAvailable September 7, 2026Apartment Unit: 401Apartment Model: The Louis (L-D)$1,9942 Bedroom, 2 Bath, 932 sq ftAvailable October 7, 2026The Louis (L-B)
From $2,121
2 Beds, 2 Baths, 856 sq ftPlus FeesAvailable Sep 24Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $2,121 September 24, 2026 603 856 Model Amenities and Features
Features
- Balcony
- Smoke Free
- Washer/Dryer
- Wi-Fi
Kitchen
- Granite Countertops
- Island Kitchen
- Kitchen
- Microwave
Unit 603 Lease Information
Unit Price
- $2,121
Model Lease Information
Model Price Range
- $2,121 - $3,244Plus Fees
Apartment Model: The Louis (L-B)From $2,1212 Bedroom, 2 Bath, 856 sq ftAvailable September 24, 2026![]()
The Louis (L-B) - Floorplan Apartment Unit: 603Apartment Model: The Louis (L-B)$2,1212 Bedroom, 2 Bath, 856 sq ftAvailable September 24, 2026
Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.
Schedule a Tour
Call us at: (804) 441-7575 to request a tour.
Property Information
- 169 Units
- 5 Stories
- Built in 2019
Fees and Policies
The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified.
Required Fees
One-Time Basics
- Due at Application
- Application Fee Per ApplicantiCharged per applicant.$60.00
Pet Policy and Fees
Cats
None
Comments: | Restrictions: None
Dogs
Breed Restrictions
Comments: | Restrictions: Breed Restrictions
Parking Info and Fees
- Covered
Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Features and Amenities
On-Site Services
- Maintenance On Site
- Property Manager On Site
Community Features
- Lounge
- Elevator
Outdoor Features
- Courtyard
- Controlled Access
- Patio
Recreation and Fitness
- Fitness Center
- Pool
Interior Features
- Balcony
- Washer/Dryer
- Wi Fi
- Smoke Free
Kitchen Amenities
- Island Kitchen
- Kitchen
- Microwave
- Granite Countertops
Living Area Features
- High Ceilings
Map
2 W Marshall St, Richmond, VA 23220
- Shopping
- Colleges
- Grocery
- Medical
- Parks
Map
Getting Around
80 / 100 Very Walkable
70 / 100 Good public transit
60 / 100 Moderately bikeable
60 / 100 Moderately car friendly
Scores provided by 
details
detailsGetting to Know the Area
90 / 100 Restaurants
90 / 100 Cafes
90 / 100 Nightlife
80 / 100 Shopping
70 / 100 Parks
60 / 100 Noise Level
Scores provided by
Frequently Asked Questions about The Penny at Jackson Ward
Where is The Penny at Jackson Ward located?
The Penny at Jackson Ward is located at 2 W Marshall St near the Jackson Ward area of Richmond, VA
What is the current rent range at The Penny at Jackson Ward?
1 Bedroom to 2 Bedroom Apartments at The Penny at Jackson Ward currently range from $1,521 to $3,661
When is the leasing office open?
- The office Hours for The Penny at Jackson Ward are
- 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
- Sunday Closed
Are pets allowed?
Call us today to find out our pet policy and if we allow pets
Are there any rent specials?
The current rent special at The Penny at Jackson Ward is: Zero Security Deposit Community powered by LeaseLock. Ask for details today!.
Renters Reviews and Ratings
Loved the tour
February 8, 2024 - Review from Apartments.com
The tour guide was very helpful at telling us all the details and showing us around
Property Manager Responded
February 11, 2025
Thank you for your five-star feedback, Sorybel! We hope you continue to enjoy your stay at The Penny at Jackson Ward. Please don't hesitate to contact the office if you need anything. We’re always happy to help!
Great
March 14, 2024 - Review from Apartments.com
Quick and even fixed something I wasn’t aware needed fixing.
Property Manager Responded
April 10, 2024
Thank you for your five-star review of The Penny at Jackson Ward! It's our pleasure to provide you and all residents with prompt, professional service!
Horrible, do not recommend
January 17, 2023 - Review from Apartments.com
I live at the Penny currently and throughly agree with the post below. Living at the Penny comes with unreasonable amounts of fees that for me were not disclosed prior to submitting application and moving in, ( parking fee, water fee with rent and a $20 no deposit fee). It is very expensive to live here and comes with horrible customer service, I have seen over 7 people come and go in the offices over a span of months. Parking is so full there is a lot of time no reasonable parking space ...
available after paying $125.00 a MONTH to park. I would not recommend the Penny to anyone.
Read More
Property Manager Responded
January 22, 2023
Thank you for your feedback. We're sorry you've had an inconvenient experience at The Penny. We appreciate the opportunity to be more clear on all monthly fees, both optional and mandatory. While we currently mention this on our website, in move in documents, and the lease - but work to ensure our agents have clear conversations about this as well - and your feedback helps. We hope to earn your recommendation as we strive for 5-star service. We wish you the very best either way. Thank you for your time and energy to share.
Nearby Schools
George W. Carver Elementary School
Richmond City Public Schools
1110 West Leigh Street
Public School - Grades PK-5 (404 Students)
In Attendance Zone2 minute drive / 0.7 miles away
Thomas Jefferson High School
Richmond City Public Schools
4100 West Grace Street
Public School - Grades 9-12 (751 Students)
In Attendance Zone6 minute drive / 3.0 miles away
School data provided by GreatSchools.
details
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 scale of 1 (below average) and 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 needs as part of the school selection process.
About GreatSchools Data on ApartmentHomeLiving.com.
About GreatSchools Data on ApartmentHomeLiving.com.
Points of Interest
Time and distance from The Penny at Jackson Ward.
Arts Museums and Landmarks
Big Box and Retail
Kroger
901 N Lombardy St
2 minute drive / 0.86 miles away
Walgreens
2924 Chamberlayne Ave
4 minute drive / 1.53 miles away
Aldi
927 Myers St
5 minute drive / 1.82 miles away
Colleges and Universities
J. Sargeant Reynolds Community College - Downtown Campus
700 East Jackson Street
1 minute drive / 0.56 miles away
Groceries
Kroger
901 N Lombardy St
2 minute drive / 0.86 miles away
Whole Foods
2024 W Broad St
3 minute drive / 1.29 miles away
Aldi
927 Myers St
5 minute drive / 1.82 miles away
Hospitals
Children's Hospital Of Richmond
2924 Brook Road
4 minute drive / 1.49 miles away
Bon Secours Richmond Community Hospital
1500 N. 28th Street
5 minute drive / 1.97 miles away
Bon Secours St. Mary's Hospital
5801 Bremo Rd
9 minute drive / 4.66 miles away
Military Bases
US Defense General Supply Center
18 minute drive / 8.8 miles away
Parks and Recreation
The Penny at Jackson Ward has 1 park within 1.0 miles, including Hollywood Cemetary.
Shopping Centers
The Penny at Jackson Ward has 5 shopping centers within 1.4 miles.
Nearby Neighborhoods
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Richmond Studio Apartments | $1,502 | $715 | $2,786 |
| Richmond 1 Bedroom Apartments | $1,631 | $566 | $9,129 |
| Richmond 2 Bedroom Apartments | $1,924 | $939 | $10,000+ |
| Richmond 3 Bedroom Apartments | $2,193 | $819 | $10,000+ |
| Richmond 4 Bedroom Apartments | $1,804 | $729 | $5,659 |
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Viewing: The Penny at Jackson Ward | Desktop Version | Listing Updated: 08/14/2026 | AHLPLA
Property Manager Responded