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- 1–2 Bedrooms
- $1,588–$4,117Rent Pricing
- 526–856Square 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

Floorplan Pricing and Availability
The Penny at Jackson Ward offers 1 to 2 Bedroom apartments starting from $1,588 and having 526–856 sq ft. Here is the current pricing and availability:
New! Interactive Property Map
1 Bedroom
Show Unavailable FloorplansFrom $1,588
The Ella (E-D)
1 Bed, 1 Bath, 765 sq ftCheapest 1 BedroomThis is the cheapest 1 Bedroom at this PropertyAvailable NowModel Gallery
Floorplans
Photos
Availability Details
Price Availability Date Unit Sq Ft $1,588 Available Now 213 765 $1,758 August 11, 2025 310 765 $1,733 September 10, 2025 311 765 Model Amenities and Features
Features
- Balcony
- Smoke Free
- Washer/Dryer
- Wi-Fi
Kitchen
- Granite Countertops
- Kitchen
- Microwave
Model Rent and Fees
Price Range
- $1,588 - $3,323
Rent Pricing
- $1,588 - $3,323
Unit 213 Rent and Fees
Price
- From $1,588
Model Rent and Fees
Price
- $1,588 - $3,323
Unit 310 Rent and Fees
Price
- From $1,758
Model Rent and Fees
Price
- $1,588 - $3,323
Unit 311 Rent and Fees
Price
- From $1,733
Model Rent and Fees
Price
- $1,588 - $3,323
Apartment Model: The Ella (E-D)From $1,5881 Bedroom, 1 Bath, 765 sq ftAvailable NowFloorplansPhotosThe Ella (E-D) - Image 1 The Ella (E-D) - Image 2 The Ella (E-D) - Image 3 The Ella (E-D) - Image 4 The Ella (E-D) - Image 5 The Ella (E-D) - Image 6 The Ella (E-D) - Image 7 The Ella (E-D) - Image 8 The Ella (E-D) - Image 9 The Ella (E-D) - Image 10 The Ella (E-D) - Floorplan 11 The Ella (E-D) - Floorplan 12 Apartment Unit: 213Apartment Model: The Ella (E-D)From $1,5881 Bedroom, 1 Bath, 765 sq ftAvailable NowApartment Unit: 310Apartment Model: The Ella (E-D)From $1,7581 Bedroom, 1 Bath, 765 sq ftAvailable August 11, 2025Apartment Unit: 311Apartment Model: The Ella (E-D)From $1,7331 Bedroom, 1 Bath, 765 sq ftAvailable September 10, 2025From $1,677
The Miles (M-D)
1 Bed, 1 Bath, 586 sq ftAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,677 Available Now 115 586 Model Amenities and Features
Features
- Balcony
- Smoke Free
- Washer/Dryer
- Wi-Fi
Kitchen
- Granite Countertops
- Kitchen
- Microwave
Unit 115 Rent and Fees
Price
- From $1,677
Model Rent and Fees
Price
- $1,677 - $3,180
Apartment Model: The Miles (M-D)From $1,6771 Bedroom, 1 Bath, 586 sq ftAvailable NowThe Miles (M-D) - Floorplan 1 Apartment Unit: 115Apartment Model: The Miles (M-D)From $1,6771 Bedroom, 1 Bath, 586 sq ftAvailable NowFrom $1,707
The Miles (M-J)
1 Bed, 1 Bath, 641 sq ftAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,707 Available Now 112 641 Model Amenities and Features
Features
- Balcony
- Smoke Free
- Washer/Dryer
- Wi-Fi
Kitchen
- Granite Countertops
- Kitchen
- Microwave
Unit 112 Rent and Fees
Price
- From $1,707
Model Rent and Fees
Price
- $1,707 - $3,236
Apartment Model: The Miles (M-J)From $1,7071 Bedroom, 1 Bath, 641 sq ftAvailable NowThe Miles (M-J) - Floorplan 1 Apartment Unit: 112Apartment Model: The Miles (M-J)From $1,7071 Bedroom, 1 Bath, 641 sq ftAvailable NowFrom $1,874
The Ella (E-B)
1 Bed, 1 Bath, 715 sq ftAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,874 Available Now 309 715 Model Amenities and Features
Features
- Balcony
- Smoke Free
- Washer/Dryer
- Wi-Fi
Kitchen
- Granite Countertops
- Kitchen
- Microwave
Unit 309 Rent and Fees
Price
- From $1,874
Model Rent and Fees
Price
- $1,874 - $3,539
Apartment Model: The Ella (E-B)From $1,8741 Bedroom, 1 Bath, 715 sq ftAvailable NowThe Ella (E-B) - Floorplan 1 The Ella (E-B) - Floorplan 2 Apartment Unit: 309Apartment Model: The Ella (E-B)From $1,8741 Bedroom, 1 Bath, 715 sq ftAvailable NowCall For Rates
The Ella (E-A)
1 Bed, 1 Bath, 726 sq ftAvailable Aug 12Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft Call For Rates August 12, 2025 123 726 Model Amenities and Features
Features
- Balcony
- Smoke Free
- Washer/Dryer
- Wi-Fi
Kitchen
- Granite Countertops
- Kitchen
- Microwave
Model Rent and Fees
Price
- $1,475 - $2,134
Apartment Model: The Ella (E-A)From $1,4751 Bedroom, 1 Bath, 726 sq ftAvailable August 12, 2025The Ella (E-A) - Floorplan 1 Apartment Unit: 123Apartment Model: The Ella (E-A)Call For Rates1 Bedroom, 1 Bath, 726 sq ftAvailable August 12, 2025The Miles (M-A)
1 Bed, 1 Bath, 526 sq ftModel Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Unavailable The Miles (M-A) 526 sq ft Model Amenities and Features
Features
- Balcony
- Smoke Free
- Washer/Dryer
- Wi-Fi
Kitchen
- Granite Countertops
- Kitchen
- Microwave
Apartment Model: The Miles (M-A)Call For Rates1 Bedroom, 1 Bath, 526 sq ftUnavailableThe Miles (M-A) - Floorplan 1 The Miles (M-C)
1 Bed, 1 Bath, 573 sq ftModel Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Unavailable The Miles (M-C) 573 sq ft Model Amenities and Features
Features
- Balcony
- Smoke Free
- Washer/Dryer
- Wi-Fi
Kitchen
- Granite Countertops
- Kitchen
- Microwave
Apartment Model: The Miles (M-C)Call For Rates1 Bedroom, 1 Bath, 573 sq ftUnavailableThe Miles (M-C) - Floorplan 1 The Miles (M-L)
1 Bed, 1 Bath, 671 sq ftModel Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Unavailable The Miles (M-L) 671 sq ft Model Amenities and Features
Features
- Balcony
- Smoke Free
- Washer/Dryer
- Wi-Fi
Kitchen
- Granite Countertops
- Kitchen
- Microwave
Apartment Model: The Miles (M-L)Call For Rates1 Bedroom, 1 Bath, 671 sq ftUnavailableThe Miles (M-L) - Floorplan 1 2 Bedrooms
From $1,798
The Louis (L-A)
2 Beds, 2 Baths, 825 sq ftAvailable NowModel Gallery
Floorplans
Photos
Availability Details
Price Availability Date Unit Sq Ft $1,798 Available Now 205 825 Model Amenities and Features
Features
- Balcony
- Smoke Free
- Washer/Dryer
- Wi-Fi
Kitchen
- Granite Countertops
- Kitchen
- Microwave
Unit 205 Rent and Fees
Price
- From $1,798
Model Rent and Fees
Price
- $1,798 - $3,723
Apartment Model: The Louis (L-A)From $1,7982 Bedroom, 2 Bath, 825 sq ftAvailable NowFloorplansPhotosThe Louis (L-A) - Image 1 The Louis (L-A) - Image 2 The Louis (L-A) - Image 3 The Louis (L-A) - Image 4 The Louis (L-A) - Image 5 The Louis (L-A) - Image 6 The Louis (L-A) - Image 7 The Louis (L-A) - Image 8 The Louis (L-A) - Image 9 The Louis (L-A) - Image 10 The Louis (L-A) - Floorplan 11 The Louis (L-A) - Floorplan 12 Apartment Unit: 205Apartment Model: The Louis (L-A)From $1,7982 Bedroom, 2 Bath, 825 sq ftAvailable NowFrom $1,983
The Louis (L-B)
2 Beds, 2 Baths, 856 sq ftAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,993 Available Now 503 856 $1,983 August 22, 2025 403 856 Model Amenities and Features
Features
- Balcony
- Smoke Free
- Washer/Dryer
- Wi-Fi
Kitchen
- Granite Countertops
- Kitchen
- Microwave
Model Rent and Fees
Price Range
- $1,983 - $4,117
Rent Pricing
- $1,983 - $4,117
Unit 503 Rent and Fees
Price
- From $1,993
Model Rent and Fees
Price
- $1,983 - $4,117
Unit 403 Rent and Fees
Price
- From $1,983
Model Rent and Fees
Price
- $1,983 - $4,117
Apartment Model: The Louis (L-B)From $1,9832 Bedroom, 2 Bath, 856 sq ftAvailable NowThe Louis (L-B) - Floorplan 1 Apartment Unit: 503Apartment Model: The Louis (L-B)From $1,9932 Bedroom, 2 Bath, 856 sq ftAvailable NowApartment Unit: 403Apartment Model: The Louis (L-B)From $1,9832 Bedroom, 2 Bath, 856 sq ftAvailable August 22, 2025
Schedule a Tour
Property Information
- 169 Units
- 5 Stories
- Built in 2019
- View Property Website
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Pet Policy
Pet Policy - Dogs
- Breed Restrictions
Parking Fees & Info
Parking Covered Lot
- Covered Lot
Fee & Deposit Info
One-Time Fees
- $60 Application Fee
Matterport 3D Tours
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
- Kitchen
- Microwave
- Granite Countertops
Living Area Features
- High Ceilings

Map
- Shopping
- Colleges
- Grocery
- Medical
- Parks

Map
Hours and Contact Info
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 |
Getting Around
Walk Score®
98 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
82 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
63 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,588 to $4,117
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!.
Lifestyle Ratings
Learn more about Lifestyle SearchRenters Reviews and Ratings
Verified Renter
May 17, 2025Good place to move to Good place to move very clean very nice looking for other helpful I love it hereProperty Manager Responded
May 21, 2025Thank you so much for your kind words! We're thrilled to hear that you're enjoying your experience and loving your home here. Our team works hard to maintain a clean and welcoming community, and it means a lot to know it’s making a positive impact. If there's ever anything we can do to make your stay even better, please don’t hesitate to reach out. We're so glad you're here! Sincerely, The Penny Team
Review from Apartments.com
Loved the tour
February 8, 2024The tour guide was very helpful at telling us all the details and showing us aroundProperty Manager Responded
February 11, 2025Thank 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!
Review from Apartments.com
Great
March 14, 2024Quick and even fixed something I wasn’t aware needed fixing.Property Manager Responded
April 10, 2024Thank 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!
Review from Apartments.com
Horrible, do not recommend
January 17, 2023I 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.Property Manager Responded
January 22, 2023Thank 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.
Read MoreReview from Apartments.com
Nearby Schools
George W. Carver Elementary
Albert Hill Middle
Thomas Jefferson High
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
Colleges and Universities
Groceries
Hospitals
Military Bases
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 | $1,461 | $715 | $5,632 |
Richmond 1 Bedroom Apartments | $1,691 | $671 | $8,260 |
Richmond 2 Bedroom Apartments | $1,969 | $781 | $10,000+ |
Richmond 3 Bedroom Apartments | $2,403 | $699 | $10,000+ |
Richmond 4 Bedroom Apartments | $1,970 | $599 | $6,360 |
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