The Penny at Jackson Ward Apartments

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2 W Marshall St, Richmond, VA 23220
(804) 441-7575
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The Penny at Jackson Ward in Richmond, VA - Building Photo
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The Penny at Jackson Ward in Richmond, VA - Building Photo - Building Photo
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The Penny at Jackson Ward in Richmond, VA - Building Photo - Building Photo
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The Penny at Jackson Ward in Richmond, VA - Building Photo - Building Photo
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The Penny at Jackson Ward in Richmond, VA - Building Photo - Building Photo
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Contact

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
  • 1–2 Bedrooms
  • $1,400-$3,388Pricing
  • 526–830Square Feet

Rent Specials

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

Ask Us About Our Specials

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

See All Amenities

Property Contact Info

Floorplan Pricing and Availability

The Penny at Jackson Ward offers 1 to 2 Bedroom apartments starting from $1,400 and having 526–830 sq ft. Here is the current pricing and availability:

  • 1 Bedroom

    The Miles (M-D)

    $1,400

    1 Bed, 1 Bath, 586 sq ft
    Available Now
    Cheapest 1 BedroomThis is the cheapest 1 Bedroom at this Property

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,400Available Now115586

    Model Amenities and Features

    Features

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

    Kitchen

    • Granite Countertops
    • Kitchen
    • Microwave

    Unit 115 Rent and Fees

    Unit Price

    • $1,400

    Model Rent and Fees

    Price

    • $1,400

    The Miles (M-J)

    From $1,468

    1 Bed, 1 Bath, 641 sq ft
    Available Now

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,468Available Now112641

    Model Amenities and Features

    Features

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

    Kitchen

    • Granite Countertops
    • Kitchen
    • Microwave

    Unit 112 Rent and Fees

    Unit Price

    • $1,468

    Model Rent and Fees

    Model Price Range

    • $1,468 - $2,287

    The Ella (E-B)

    From $1,599

    1 Bed, 1 Bath, 715 sq ft
    Available Now

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,619Available Now309715
    $1,599 October 1, 2025209715
    $1,776 October 1, 2025409715

    Model Amenities and Features

    Features

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

    Kitchen

    • Granite Countertops
    • Kitchen
    • Microwave

    Model Rent and Fees

    Model Price Range

    • $1,599 - $2,679

    Current Available Pricing

    • $1,599 - $1,776

    Unit 309 Rent and Fees

    Unit Price

    • $1,619

    Model Rent and Fees

    Model Price Range

    • $1,599 - $2,679

    Unit 209 Rent and Fees

    Unit Price

    • $1,599

    Model Rent and Fees

    Model Price Range

    • $1,599 - $2,679

    Unit 409 Rent and Fees

    Unit Price

    • $1,776

    Model Rent and Fees

    Model Price Range

    • $1,599 - $2,679

    The Ella (E-F)

    From $1,916

    1 Bed, 1 Bath, 830 sq ft
    Available Oct 6
    Largest 1 BedroomThis is the largest 1 Bedroom at this Property

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,916 October 6, 2025628830

    Model Amenities and Features

    Features

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

    Kitchen

    • Granite Countertops
    • Kitchen
    • Microwave

    Unit 628 Rent and Fees

    Unit Price

    • $1,916

    Model Rent and Fees

    Model Price Range

    • $1,916 - $3,057

    The Ella (E-D)

    From $1,651

    1 Bed, 1 Bath, 765 sq ft
    Available Oct 25

    Model Gallery

    Floorplans

    Photos

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,651 October 25, 2025316765
    $1,716 October 31, 2025511765

    Model Amenities and Features

    Features

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

    Kitchen

    • Granite Countertops
    • Kitchen
    • Microwave

    Model Rent and Fees

    Model Price Range

    • $1,651 - $2,753

    Current Available Pricing

    • $1,651 - $1,716

    Unit 316 Rent and Fees

    Unit Price

    • $1,651

    Model Rent and Fees

    Model Price Range

    • $1,651 - $2,753

    Unit 511 Rent and Fees

    Unit Price

    • $1,716

    Model Rent and Fees

    Model Price Range

    • $1,651 - $2,753

    The Miles (M-K)

    $1,515

    1 Bed, 1 Bath, 672 sq ft
    Available Oct 30

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,515 October 30, 2025612672

    Model Amenities and Features

    Features

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

    Kitchen

    • Granite Countertops
    • Kitchen
    • Microwave

    Unit 612 Rent and Fees

    Unit Price

    • $1,515

    Model Rent and Fees

    Price

    • $1,515

    The Ella (E-E)

    From $1,771

    1 Bed, 1 Bath, 771 sq ft
    Available Oct 31

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,771 October 31, 2025525771

    Model Amenities and Features

    Features

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

    Kitchen

    • Granite Countertops
    • Kitchen
    • Microwave

    Unit 525 Rent and Fees

    Unit Price

    • $1,771

    Model Rent and Fees

    Model Price Range

    • $1,771 - $2,840

    The Miles (M-G)

    From $1,646

    1 Bed, 1 Bath, 619 sq ft
    Available Dec 27

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,646 December 27, 2025226619

    Model Amenities and Features

    Features

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

    Kitchen

    • Granite Countertops
    • Kitchen
    • Microwave

    Unit 226 Rent and Fees

    Unit Price

    • $1,646

    Model Rent and Fees

    Model Price Range

    • $1,646 - $2,665

    The Miles (M-A)

    1 Bed, 1 Bath, 526 sq ft
     

    Model Gallery

    Floorplans

    Availability Details

    Availability DateUnitSq Ft
    Call for AvailabilityThe Miles (M-A)526 sq ft

    Model Amenities and Features

    Features

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

    Kitchen

    • Granite Countertops
    • Kitchen
    • Microwave

    The Miles (M-C)

    1 Bed, 1 Bath, 573 sq ft
     

    Model Gallery

    Floorplans

    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

    The Miles (M-L)

    1 Bed, 1 Bath, 671 sq ft
     

    Model Gallery

    Floorplans

    Availability Details

    Availability DateUnitSq Ft
    Call for AvailabilityThe Miles (M-L)671 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 $2,107

    2 Beds, 2 Baths, 825 sq ft
    Available Now

    Model Gallery

    Floorplans

    Photos

    Availability Details

    PriceAvailability DateUnitSq Ft
    $2,107Available Now408825

    Model Amenities and Features

    Features

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

    Kitchen

    • Granite Countertops
    • Kitchen
    • Microwave

    Unit 408 Rent and Fees

    Unit Price

    • $2,107

    Model Rent and Fees

    Model Price Range

    • $2,107 - $3,388
Price shown is base rent and may not include non-optional fees and utilities. 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.

Matterport 3D Tours

1BR,1BA,-765SF The Ella
2BR,2BA,-826SF, The Louis

Property Information

Fees and Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities.

Other Fees

Personal Add-Ons

Application Fee Per Applicant$60

Pet Policy and Fees

Dogs

  • Fees Not Specified

| Restrictions: Breed Restrictions

Cats

  • Fees Not Specified

| Restrictions: None

Parking Info and Fees

Covered

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
Ask About Our Amenities
Google Map

Map

2 W Marshall St, Richmond, VA 23220

Hours and Contact Info

Call Us - Open Now!
Currently Closed
By Appointment
(804) 441-7575
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
Ask About Live Online Tours

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 $1,400 to $2,107

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 (420 Students)
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 (453 Students)
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 (816 Students)
In Attendance Zone6 minute drive / 3.0 miles away
4/10
Contact Us About Nearby Schools
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

Broad Street Commercial

Studio to 4 Bedroom Apartments from $599
View Rentals

Jackson Ward

Studio to 4 Bedroom Apartments from $900
View Rentals

Two Hundred Block West Franklin

Studio to 4 Bedroom Apartments from $599
View Rentals

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Richmond Studio Apartments $1,436$715$4,038
Richmond 1 Bedroom Apartments $1,632$553$10,000+
Richmond 2 Bedroom Apartments $1,878$781$9,475
Richmond 3 Bedroom Apartments $2,267$699$10,000+
Richmond 4 Bedroom Apartments $1,527$599$6,090

Browse Top Apartments in Richmond

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Viewing: The Penny at Jackson Ward | Desktop Version | Listing Updated: 09/26/2025 | AHLPLA