45 Photos13 Floorplans1 3D Tours
- Student Housing
- Studio–1 Bedrooms
- $1,379-$4,252 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, 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:
Floorplan Pricing and Availability
The Penny at Jackson Ward offers Studio to 1 Bedroom apartments starting from $1,379 and having 491–1,015 sq ft. Here is the current pricing and availability:
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The Lena (L-A1)
From $1,379
Studio, 1 Bath, 491 sq ftPlus FeesAvailable Sep 2Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,379 September 2, 2026 406 491 Model Amenities and Features
Features
- Balcony
- Smoke Free
- Washer/Dryer
- Wi-Fi
Kitchen
- Granite Countertops
- Island Kitchen
- Kitchen
- Microwave
Unit 406 Lease Information
Unit Price
- $1,379
Model Lease Information
Model Price Range
- $1,379 - $2,128Plus Fees
Apartment Model: The Lena (L-A1)From $1,379Studio, 1 Bath, 491 sq ftAvailable September 2, 2026![]()
The Lena (L-A1) - Floorplan Apartment Unit: 406Apartment Model: The Lena (L-A1)$1,379Studio, 1 Bath, 491 sq ftAvailable September 2, 20261 Bedroom
The Ella Terrace
From $1,920
1 Bed, 1 Bath, 1015 sq ftPlus FeesAvailable May 21Largest 1 BedroomThis is the largest 1 Bedroom at this PropertyModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft View Details $1,920 May 21, 2026 611 1015 $1,920 September 4, 2026 613 1015 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
- $1,920 - $4,252
Current Available Pricing
- $1,920Plus Fees
Unit 611 Lease Information
Unit Price
- $1,920
Model Lease Information
Model Price Range
- $1,920 - $4,252Plus Fees
Unit 613 Lease Information
Unit Price
- $1,920
Model Lease Information
Model Price Range
- $1,920 - $4,252Plus Fees
Apartment Model: The Ella TerraceFrom $1,9201 Bedroom, 1 Bath, 1015 sq ftAvailable May 21, 2026![]()
The Ella Terrace - Floorplan 1 ![]()
The Ella Terrace - Floorplan 2 Apartment Unit: 611Apartment Model: The Ella Terrace$1,9201 Bedroom, 1 Bath, 1015 sq ftAvailable May 21, 2026Apartment Unit: 613Apartment Model: The Ella Terrace$1,9201 Bedroom, 1 Bath, 1015 sq ftAvailable September 4, 2026The Miles (M-K)
From $1,538
1 Bed, 1 Bath, 672-682 sq ftPlus FeesAvailable Jun 15Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft View Details $1,538 June 15, 2026 312 682 $1,617 August 1, 2026 412 682 $1,558 September 2, 2026 618 672 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
- $1,538 - $3,596
Current Available Pricing
- $1,538 - $1,617 Plus Fees
Unit 312 Lease Information
Unit Price
- $1,538
Model Lease Information
Model Price Range
- $1,538 - $3,596Plus Fees
Unit 412 Lease Information
Unit Price
- $1,617
Model Lease Information
Model Price Range
- $1,538 - $3,596Plus Fees
Unit 618 Lease Information
Unit Price
- $1,558
Model Lease Information
Model Price Range
- $1,538 - $3,596Plus Fees
Apartment Model: The Miles (M-K)From $1,5381 Bedroom, 1 Bath, 672-682 sq ftAvailable June 15, 2026![]()
The Miles (M-K) - Floorplan 1 ![]()
The Miles (M-K) - Floorplan 2 Apartment Unit: 312Apartment Model: The Miles (M-K)$1,5381 Bedroom, 1 Bath, 682 sq ftAvailable June 15, 2026Apartment Unit: 412Apartment Model: The Miles (M-K)$1,6171 Bedroom, 1 Bath, 682 sq ftAvailable August 1, 2026Apartment Unit: 618Apartment Model: The Miles (M-K)$1,5581 Bedroom, 1 Bath, 672 sq ftAvailable September 2, 2026The Ella (E-D)
From $1,538
1 Bed, 1 Bath, 765 sq ftPlus FeesAvailable Jun 26Model Gallery
Floorplans
Photos
3D Tours
Availability Details
Price Availability Date Unit Sq Ft $1,538 June 26, 2026 113 765 Model Amenities and Features
Features
- Balcony
- Smoke Free
- Washer/Dryer
- Wi-Fi
Kitchen
- Granite Countertops
- Island Kitchen
- Kitchen
- Microwave
Unit 113 Lease Information
Unit Price
- $1,538
Model Lease Information
Model Price Range
- $1,538 - $3,418Plus Fees
Apartment Model: The Ella (E-D)From $1,5381 Bedroom, 1 Bath, 765 sq ftAvailable June 26, 2026FloorplansPhotos3D Tours![]()
The 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 1 ![]()
The Ella (E-D) - Floorplan 2 The Ella (E-D) - 3D Tour Apartment Unit: 113Apartment Model: The Ella (E-D)$1,5381 Bedroom, 1 Bath, 765 sq ftAvailable June 26, 2026The Miles (M-G)
From $1,623
1 Bed, 1 Bath, 619 sq ftPlus FeesAvailable Jul 7Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,623 July 7, 2026 504 619 Model Amenities and Features
Features
- Balcony
- Smoke Free
- Washer/Dryer
- Wi-Fi
Kitchen
- Granite Countertops
- Island Kitchen
- Kitchen
- Microwave
Unit 504 Lease Information
Unit Price
- $1,623
Model Lease Information
Model Price Range
- $1,623 - $3,610Plus Fees
Apartment Model: The Miles (M-G)From $1,6231 Bedroom, 1 Bath, 619 sq ftAvailable July 7, 2026![]()
The Miles (M-G) - Floorplan Apartment Unit: 504Apartment Model: The Miles (M-G)$1,6231 Bedroom, 1 Bath, 619 sq ftAvailable July 7, 2026The Ella (E-A)
From $1,673
1 Bed, 1 Bath, 726 sq ftPlus FeesAvailable Jul 14Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,673 July 14, 2026 423 726 Model Amenities and Features
Features
- Balcony
- Smoke Free
- Washer/Dryer
- Wi-Fi
Kitchen
- Granite Countertops
- Island Kitchen
- Kitchen
- Microwave
Unit 423 Lease Information
Unit Price
- $1,673
Model Lease Information
Model Price Range
- $1,673 - $3,719Plus Fees
Apartment Model: The Ella (E-A)From $1,6731 Bedroom, 1 Bath, 726 sq ftAvailable July 14, 2026![]()
The Ella (E-A) - Floorplan Apartment Unit: 423Apartment Model: The Ella (E-A)$1,6731 Bedroom, 1 Bath, 726 sq ftAvailable July 14, 2026The Ella (E-C1)
From $1,557
1 Bed, 1 Bath, 750 sq ftPlus FeesAvailable Jul 26Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,557 July 26, 2026 222 750 Model Amenities and Features
Features
- Balcony
- Smoke Free
- Washer/Dryer
- Wi-Fi
Kitchen
- Granite Countertops
- Island Kitchen
- Kitchen
- Microwave
Unit 222 Lease Information
Unit Price
- $1,557
Model Lease Information
Model Price Range
- $1,557 - $3,465Plus Fees
Apartment Model: The Ella (E-C1)From $1,5571 Bedroom, 1 Bath, 750 sq ftAvailable July 26, 2026![]()
The Ella (E-C1) - Floorplan Apartment Unit: 222Apartment Model: The Ella (E-C1)$1,5571 Bedroom, 1 Bath, 750 sq ftAvailable July 26, 2026The Miles (M-E)
From $1,506
1 Bed, 1 Bath, 594 sq ftPlus FeesAvailable Aug 1Cheapest 1 BedroomThis is the cheapest 1 Bedroom at this PropertyModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,506 August 1, 2026 204 594 Model Amenities and Features
Features
- Balcony
- Smoke Free
- Washer/Dryer
- Wi-Fi
Kitchen
- Granite Countertops
- Island Kitchen
- Kitchen
- Microwave
Unit 204 Lease Information
Unit Price
- $1,506
Model Lease Information
Model Price Range
- $1,506 - $3,356Plus Fees
Apartment Model: The Miles (M-E)From $1,5061 Bedroom, 1 Bath, 594 sq ftAvailable August 1, 2026![]()
The Miles (M-E) - Floorplan Apartment Unit: 204Apartment Model: The Miles (M-E)$1,5061 Bedroom, 1 Bath, 594 sq ftAvailable August 1, 2026The Miles (M-B)
From $1,622
1 Bed, 1 Bath, 540 sq ftPlus FeesAvailable Aug 4Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,622 August 4, 2026 604 540 Model Amenities and Features
Features
- Balcony
- Smoke Free
- Washer/Dryer
- Wi-Fi
Kitchen
- Granite Countertops
- Island Kitchen
- Kitchen
- Microwave
Unit 604 Lease Information
Unit Price
- $1,622
Model Lease Information
Model Price Range
- $1,622 - $1,928Plus Fees
Apartment Model: The Miles (M-B)From $1,6221 Bedroom, 1 Bath, 540 sq ftAvailable August 4, 2026![]()
The Miles (M-B) - Floorplan Apartment Unit: 604Apartment Model: The Miles (M-B)$1,6221 Bedroom, 1 Bath, 540 sq ftAvailable August 4, 2026The Miles (M-A)
From $1,607
1 Bed, 1 Bath, 526 sq ftPlus FeesAvailable Aug 16Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,607 August 16, 2026 227 526 Model Amenities and Features
Features
- Balcony
- Smoke Free
- Washer/Dryer
- Wi-Fi
Kitchen
- Granite Countertops
- Island Kitchen
- Kitchen
- Microwave
Unit 227 Lease Information
Unit Price
- $1,607
Model Lease Information
Model Price Range
- $1,607 - $1,910Plus Fees
Apartment Model: The Miles (M-A)From $1,6071 Bedroom, 1 Bath, 526 sq ftAvailable August 16, 2026![]()
The Miles (M-A) - Floorplan Apartment Unit: 227Apartment Model: The Miles (M-A)$1,6071 Bedroom, 1 Bath, 526 sq ftAvailable August 16, 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 schedule a tour.
3D Tours
1BR,1BA,-765SF The Ella
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
Hours and Contact Info
Call Us - Open Now!
Currently Closed
By Appointment
| 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 |
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 1 Bedroom Apartments at The Penny at Jackson Ward currently range from $1,379 to $1,920
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
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 | $1,436 | $715 | $4,752 |
| Richmond 1 Bedroom Apartments | $1,620 | $566 | $7,652 |
| Richmond 2 Bedroom Apartments | $1,932 | $628 | $10,000+ |
| Richmond 3 Bedroom Apartments | $2,157 | $810 | $10,000+ |
| Richmond 4 Bedroom Apartments | $1,147 | $729 | $3,680 |
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Viewing: The Penny at Jackson Ward | Desktop Version | Listing Updated: 05/15/2026 | AHLPLA