The Penny at Jackson Ward Apartments

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(804) 441-7575
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2 W Marshall St, Richmond, VA 23220

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The Penny at Jackson Ward

2 W Marshall St
Richmond, VA 23220
(804) 441-7575
The Penny at Jackson Ward in Richmond, VA - Building Photo
  • Studio–2 Bedrooms
  • $1,355-$4,725 Plus Fees
  • 491–1,015 Square Feet

Rent Specials

Zero Security Deposit Community powered by LeaseLock. Ask for details today!

About The Penny at Jackson Ward

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

See All Amenities

Property Contact Info

Floorplan Pricing and Availability

The Penny at Jackson Ward offers Studio to 2 Bedroom apartments starting from $1,355 and having 491–1,015 sq ft. Here is the current pricing and availability:

  • Studio

    The Lena (L-A1)

    From $1,355

    Studio, 1 Bath, 491 sq ft
    Plus Fees
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $1,355Available Now306491
    $1,365 July 1, 2026406491

    Model Amenities and Features

    Features

    • Balcony
    • Smoke Free
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Granite Countertops
    • Kitchen
    • Microwave

    Model Lease Information

    Model Price Range

    • $1,355 - $2,531

    Current Available Pricing

    • $1,355 - $1,365 Plus Fees

    Unit 306 Lease Information

    Unit Price

    • $1,355

    Model Lease Information

    Model Price Range

    • $1,355 - $2,531Plus Fees

    Unit 406 Lease Information

    Unit Price

    • $1,365

    Model Lease Information

    Model Price Range

    • $1,355 - $2,531Plus Fees

    The Lena (L-C)

    From $1,385

    Studio, 1 Bath, 552 sq ft
    Plus Fees
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,385Available Now329552

    Model Amenities and Features

    Features

    • Balcony
    • Smoke Free
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Granite Countertops
    • Kitchen
    • Microwave

    Unit 329 Lease Information

    Unit Price

    • $1,385

    Model Lease Information

    Model Price Range

    • $1,385 - $2,367Plus Fees
  • 1 Bedroom

    The Miles (M-H)

    From $1,473

    1 Bed, 1 Bath, 641 sq ft
    Plus Fees
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $1,550Available Now427641
    $1,473Available Now202641

    Model Amenities and Features

    Features

    • Balcony
    • Smoke Free
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Granite Countertops
    • Kitchen
    • Microwave

    Model Lease Information

    Model Price Range

    • $1,473 - $2,950

    Current Available Pricing

    • $1,473 - $1,550 Plus Fees

    Unit 427 Lease Information

    Unit Price

    • $1,550

    Model Lease Information

    Model Price Range

    • $1,473 - $2,950Plus Fees

    Unit 202 Lease Information

    Unit Price

    • $1,473

    Model Lease Information

    Model Price Range

    • $1,473 - $2,950Plus Fees

    The Ella (E-D)

    From $1,483

    1 Bed, 1 Bath, 765 sq ft
    Plus Fees
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $1,558Available Now419765
    Call For RatesAvailable Now214765
    $1,568 May 21, 2026517765

    Model Amenities and Features

    Features

    • Balcony
    • Smoke Free
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Granite Countertops
    • Kitchen
    • Microwave

    Model Lease Information

    Model Price Range

    • $1,483 - $3,483

    Current Available Pricing

    • Call For RatesPlus Fees

    Unit 419 Lease Information

    Unit Price

    • $1,558

    Model Lease Information

    Model Price Range

    • $1,483 - $3,483Plus Fees

    Model Lease Information

    Model Price Range

    • $1,483 - $3,483Plus Fees

    Unit 517 Lease Information

    Unit Price

    • $1,568

    Model Lease Information

    Model Price Range

    • $1,483 - $3,483Plus Fees

    The Miles (M-M)

    From $1,543

    1 Bed, 1 Bath, 670 sq ft
    Plus Fees
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,543Available Now615670

    Model Amenities and Features

    Features

    • Balcony
    • Smoke Free
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Granite Countertops
    • Kitchen
    • Microwave

    Unit 615 Lease Information

    Unit Price

    • $1,543

    Model Lease Information

    Model Price Range

    • $1,543 - $3,086Plus Fees

    The Ella (E-C1)

    From $1,573

    1 Bed, 1 Bath, 750 sq ft
    Plus Fees
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,573Available Now422750

    Model Amenities and Features

    Features

    • Balcony
    • Smoke Free
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Granite Countertops
    • Kitchen
    • Microwave

    Unit 422 Lease Information

    Unit Price

    • $1,573

    Model Lease Information

    Model Price Range

    • $1,573 - $3,214Plus Fees

    The Ella (E-B)

    From $1,628

    1 Bed, 1 Bath, 715 sq ft
    Plus Fees
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,628Available Now409715

    Model Amenities and Features

    Features

    • Balcony
    • Smoke Free
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Granite Countertops
    • Kitchen
    • Microwave

    Unit 409 Lease Information

    Unit Price

    • $1,628

    Model Lease Information

    Model Price Range

    • $1,628 - $3,251Plus Fees

    The Miles (M-F)

    From $1,443

    1 Bed, 1 Bath, 608 sq ft
    Plus Fees
    Available Apr 23
    Cheapest 1 BedroomThis is the cheapest 1 Bedroom at this Property

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,443 April 23, 2026118608

    Model Amenities and Features

    Features

    • Balcony
    • Smoke Free
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Granite Countertops
    • Kitchen
    • Microwave

    Unit 118 Lease Information

    Unit Price

    • $1,443

    Model Lease Information

    Model Price Range

    • $1,443 - $2,964Plus Fees

    The Ella Terrace

    From $2,124

    1 Bed, 1 Bath, 1015 sq ft
    Plus Fees
    Available May 21
    Largest 1 BedroomThis is the largest 1 Bedroom at this Property

    Availability Details

    PriceAvailability DateUnitSq Ft
    $2,124 May 21, 20266111015

    Model Amenities and Features

    Features

    • Balcony
    • Smoke Free
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Granite Countertops
    • Kitchen
    • Microwave

    Unit 611 Lease Information

    Unit Price

    • $2,124

    Model Lease Information

    Model Price Range

    • $2,124 - $4,725Plus Fees

    The Miles (M-B)

    From $1,475

    1 Bed, 1 Bath, 540 sq ft
    Plus Fees
    Available Jun 19

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $1,475 June 19, 2026626540
    $1,566 August 4, 2026604540

    Model Amenities and Features

    Features

    • Balcony
    • Smoke Free
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Granite Countertops
    • Kitchen
    • Microwave

    Model Lease Information

    Model Price Range

    • $1,475 - $2,536

    Current Available Pricing

    • $1,475 - $1,566 Plus Fees

    Unit 626 Lease Information

    Unit Price

    • $1,475

    Model Lease Information

    Model Price Range

    • $1,475 - $2,536Plus Fees

    Unit 604 Lease Information

    Unit Price

    • $1,566

    Model Lease Information

    Model Price Range

    • $1,475 - $2,536Plus Fees

    The Miles (M-G)

    From $1,568

    1 Bed, 1 Bath, 619 sq ft
    Plus Fees
    Available Jul 7

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,568 July 7, 2026504619

    Model Amenities and Features

    Features

    • Balcony
    • Smoke Free
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Granite Countertops
    • Kitchen
    • Microwave

    Unit 504 Lease Information

    Unit Price

    • $1,568

    Model Lease Information

    Model Price Range

    • $1,568 - $3,526Plus Fees

    The Ella (E-E)

    From $1,633

    1 Bed, 1 Bath, 771 sq ft
    Plus Fees
    Available Jul 10

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,633 July 10, 2026625771

    Model Amenities and Features

    Features

    • Balcony
    • Smoke Free
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Granite Countertops
    • Kitchen
    • Microwave

    Unit 625 Lease Information

    Unit Price

    • $1,633

    Model Lease Information

    Model Price Range

    • $1,633 - $3,668Plus Fees

    The Miles (M-C)

    1 Bed, 1 Bath, 573 sq ft
     

    Availability Details

    Availability DateUnitSq Ft
    Call for AvailabilityThe Miles (M-C)573 sq ft

    Model Amenities and Features

    Features

    • Balcony
    • Smoke Free
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Granite Countertops
    • Kitchen
    • Microwave
    Show Unavailable Floorplans
  • 2 Bedrooms

    The Louis (L-A)

    From $1,758

    2 Beds, 2 Baths, 825 sq ft
    Plus Fees
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $1,758Available Now405825
    $1,763Available Now305825

    Model Amenities and Features

    Features

    • Balcony
    • Smoke Free
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Granite Countertops
    • Kitchen
    • Microwave

    Model Lease Information

    Model Price Range

    • $1,758 - $2,750

    Current Available Pricing

    • $1,758 - $1,763 Plus Fees

    Unit 405 Lease Information

    Unit Price

    • $1,758

    Model Lease Information

    Model Price Range

    • $1,758 - $2,750Plus Fees

    Unit 305 Lease Information

    Unit Price

    • $1,763

    Model Lease Information

    Model Price Range

    • $1,758 - $2,750Plus Fees

    The Louis (L-B)

    From $1,873

    2 Beds, 2 Baths, 856 sq ft
    Plus Fees
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $1,889Available Now403856
    $1,873 May 27, 2026503856

    Model Amenities and Features

    Features

    • Balcony
    • Smoke Free
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Granite Countertops
    • Kitchen
    • Microwave

    Model Lease Information

    Model Price Range

    • $1,873 - $3,059

    Current Available Pricing

    • $1,873 - $1,889 Plus Fees

    Unit 403 Lease Information

    Unit Price

    • $1,889

    Model Lease Information

    Model Price Range

    • $1,873 - $3,059Plus Fees

    Unit 503 Lease Information

    Unit Price

    • $1,873

    Model Lease Information

    Model Price Range

    • $1,873 - $3,059Plus Fees
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

Schedule a Tour
Call us at: (804) 441-7575 to schedule a tour.

3D Tours

Property Information

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
    Restrictions:

    None

    Comments: | Restrictions: None

    Dogs
      Restrictions:

      Breed Restrictions

      Comments: | Restrictions: Breed Restrictions

      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

      • Kitchen
      • Microwave
      • Granite Countertops

      Living Area Features

      • High Ceilings
      Google Map

      Map

      2 W Marshall St, Richmond, VA 23220

      Hours and Contact Info

      Call Us - Open Now!
      Currently Closed
      By Appointment
      Monday9:00 am–5:30 pm
      Tuesday9:00 am–5:30 pm
      Wednesday11:00 am–5:30 pm
      Thursday9:00 am–5:30 pm
      Friday9:00 am–5:00 pm
      Saturday9:00 am–4:00 pm
      SundayClosed

      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?

      Studio to 2 Bedroom Apartments at The Penny at Jackson Ward currently range from $1,355 to $2,124

      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

      • Luxury 3.2

        The Luxury rating shows you how this community's high end floorplan pricing relates to the local average.

        Rating Factors

        This 3.2-star Luxury rating is based on the following features:

        • Controlled Gate Access
        • Fitness Center
        • Balconies
        • Smoke Free Options
        • Granite Countertops
        • Maintenance on site
        • Elevator(s)
        • Swimming Pool(s)
        • High Ceilings
        • Property Manager on Site
        • Lounge
        • Courtyard
        • Washer/Dryer In Unit
        • Hi Speed Internet/Wi-Fi
        • Kitchens
        • Patios
        See more
        See less
      • Transit Friendly 3.4

        Transit Friendly apartments feature a fantastic location and great access to local mass transit.

      Learn more about Lifestyle Search

      Renters Reviews and Ratings

      4.9
      4 Renters Reviews
      ⓘ How is this Rating Determined?The property ratings on ApartmentHomeLiving.com are created using a 5-star scale that includes average renter review scores combined with building ratings to determine an overall blended property score.

      Building ratings are based on a community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.
      • Verified Renter

        May 17, 2025
        Good place to move to Good place to move very clean very nice looking for other helpful I love it here
        • Property Manager Responded

          May 21, 2025
          Thank 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, 2024
        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!
        Review from Apartments.com
      • Great

        March 14, 2024
        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!
        Review from Apartments.com
      • Horrible, do not recommend

        January 17, 2023
        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.
        • 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.
        Read More
        Review from Apartments.com

      Nearby Schools

      George W. Carver Elementary

      Richmond City Public Schools
      1110 West Leigh Street
      Public School - Grades PK-5
      In Attendance Zone2 minute drive / 0.7 miles away
      2/10

      Albert Hill Middle

      Richmond City Public Schools
      3400 Patterson Avenue
      Public School - Grades 6-8
      In Attendance Zone5 minute drive / 2.5 miles away
      6/10

      Thomas Jefferson High

      Richmond City Public Schools
      4100 West Grace Street
      Public School - Grades 9-12
      In Attendance Zone6 minute drive / 3.0 miles away
      4/10
      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.

      Points of Interest

      Time and distance from The Penny at Jackson Ward.

      Arts Museums and Landmarks

      Museum of the Confederacy

      1201 E Clay St
      2 minute drive / 0.85 miles away

      Shockoe Slip

      12th and Main St
      4 minute drive / 2.05 miles away

      The Byrd Theater

      2908 W. Cary St.
      4 minute drive / 2.07 miles away

      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

      Virginia Commonwealth University

      910 West Frankiln Street
      1 minute drive / 0.32 miles away

      J. Sargeant Reynolds Community College - Downtown Campus

      700 East Jackson Street
      1 minute drive / 0.56 miles away

      Virginia Union University

      1500 N Lombardy St
      3 minute drive / 1.02 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

      Hollywood Cemetary

      412 S Cherry St
      2 minute drive / 0.98 miles away

      The Penny at Jackson Ward has 1 park within 1.0 miles, including Hollywood Cemetary.

      Shopping Centers

      Kroger Shops

      711 N Lombardy St
      2 minute drive / 0.9 miles away

      Gannon Shopping Center

      Route 360
      3 minute drive / 1.12 miles away

      The Shops at Cary & Lombardy

      1524-1604 W Cary St
      3 minute drive / 1.19 miles away

      The Penny at Jackson Ward has 5 shopping centers within 1.4 miles.

      Nearby Neighborhoods

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      Studio to 4 Bedroom Apartments from $800
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      Rental Price Ranges in the Area

      BedroomAverage RentCheapest RentHighest Rent
      Richmond Studio Apartments $1,444$715$4,466
      Richmond 1 Bedroom Apartments $1,608$671$5,781
      Richmond 2 Bedroom Apartments $1,928$781$6,223
      Richmond 3 Bedroom Apartments $2,154$779$6,967
      Richmond 4 Bedroom Apartments $1,270$729$5,994

      Browse Top Apartments in Richmond

      Viewing: The Penny at Jackson Ward | Desktop Version | Listing Updated: 03/30/2026 | AHLPLA