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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
  • 1–2 Bedrooms
  • $1,447-$4,845 Plus Fees
  • 540–1,015 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

Office Hours

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

Floorplan Pricing and Availability

The Penny at Jackson Ward offers 1 to 2 Bedroom apartments starting from $1,447 and having 540–1,015 sq ft. Here is the current pricing and availability:

  • 1 Bedroom

    The Ella (E-B)

    From $1,666

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

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $1,672Available Now520715
    $1,666 August 10, 2026309715

    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

    • $1,666 - $3,843

    Current Available Pricing

    • $1,666 - $1,672 Plus Fees

    Unit 520 Lease Information

    Unit Price

    • $1,672

    Model Lease Information

    Model Price Range

    • $1,666 - $3,843Plus Fees

    Unit 309 Lease Information

    Unit Price

    • $1,666

    Model Lease Information

    Model Price Range

    • $1,666 - $3,843Plus Fees

    The Miles (M-G)

    From $1,542

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

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $1,602 July 7, 2026504619
    $1,542 September 8, 2026326619

    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

    • $1,542 - $3,696

    Current Available Pricing

    • $1,542 - $1,602 Plus Fees

    Unit 504 Lease Information

    Unit Price

    • $1,602

    Model Lease Information

    Model Price Range

    • $1,542 - $3,696Plus Fees

    Unit 326 Lease Information

    Unit Price

    • $1,542

    Model Lease Information

    Model Price Range

    • $1,542 - $3,696Plus Fees

    The Ella Terrace

    From $2,096

    1 Bed, 1 Bath, 1015 sq ft
    Plus Fees
    Available Jul 25
    Largest 1 BedroomThis is the largest 1 Bedroom at this Property

    Availability Details

    PriceAvailability DateUnitSq Ft
    $2,096 July 25, 20266141015

    Model Amenities and Features

    Features

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

    Kitchen

    • Granite Countertops
    • Island Kitchen
    • Kitchen
    • Microwave

    Unit 614 Lease Information

    Unit Price

    • $2,096

    Model Lease Information

    Model Price Range

    • $2,096 - $4,845Plus Fees

    The Ella (E-C1)

    From $1,531

    1 Bed, 1 Bath, 750 sq ft
    Plus Fees
    Available Jul 26

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,531 July 26, 2026222750

    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

    • $1,531

    Model Lease Information

    Model Price Range

    • $1,531 - $3,534Plus Fees

    The Ella (E-D)

    From $1,531

    1 Bed, 1 Bath, 765 sq ft
    Plus Fees
    Available Jul 28

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,531 July 28, 2026216765

    Model Amenities and Features

    Features

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

    Kitchen

    • Granite Countertops
    • Island Kitchen
    • Kitchen
    • Microwave

    Unit 216 Lease Information

    Unit Price

    • $1,531

    Model Lease Information

    Model Price Range

    • $1,531 - $3,534Plus Fees

    The Miles (M-B)

    From $1,596

    1 Bed, 1 Bath, 540 sq ft
    Plus Fees
    Available Aug 4

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,596 August 4, 2026604540

    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

    • $1,596

    Model Lease Information

    Model Price Range

    • $1,596 - $2,059Plus Fees

    The Miles (M-K)

    From $1,537

    1 Bed, 1 Bath, 672 sq ft
    Plus Fees
    Available Sep 2

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,537 September 2, 2026618672

    Model Amenities and Features

    Features

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

    Kitchen

    • Granite Countertops
    • Island Kitchen
    • Kitchen
    • Microwave

    Unit 618 Lease Information

    Unit Price

    • $1,537

    Model Lease Information

    Model Price Range

    • $1,537 - $1,945Plus Fees

    The Miles (M-L)

    From $1,447

    1 Bed, 1 Bath, 671 sq ft
    Plus Fees
    Available Sep 6
    Cheapest 1 BedroomThis is the cheapest 1 Bedroom at this Property

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,447 September 6, 2026124671

    Model Amenities and Features

    Features

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

    Kitchen

    • Granite Countertops
    • Island Kitchen
    • Kitchen
    • Microwave

    Unit 124 Lease Information

    Unit Price

    • $1,447

    Model Lease Information

    Model Price Range

    • $1,447 - $1,871Plus Fees
  • 2 Bedrooms

    The Louis (L-D)

    From $1,861

    2 Beds, 2 Baths, 932 sq ft
    Plus Fees
    Available Aug 1
    Largest 2 BedroomThis is the largest 2 Bedroom at this Property

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $1,861 August 1, 2026201932
    $1,910 September 7, 2026301932

    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

    • $1,871 - $3,441

    Current Available Pricing

    • $1,861 - $1,910 Plus Fees

    Unit 201 Lease Information

    Unit Price

    • $1,861

    Model Lease Information

    Model Price Range

    • $1,871 - $3,441Plus Fees

    Unit 301 Lease Information

    Unit Price

    • $1,910

    Model Lease Information

    Model Price Range

    • $1,871 - $3,441Plus Fees

    The Louis (L-A)

    From $1,813

    2 Beds, 2 Baths, 825 sq ft
    Plus Fees
    Available Aug 8

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,813 August 8, 2026107825

    Model Amenities and Features

    Features

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

    Kitchen

    • Granite Countertops
    • Island Kitchen
    • Kitchen
    • Microwave

    Unit 107 Lease Information

    Unit Price

    • $1,813

    Model Lease Information

    Model Price Range

    • $1,823 - $3,334Plus Fees

    The Louis (L-C)

    From $1,915

    2 Beds, 2 Baths, 894 sq ft
    Plus Fees
    Available Aug 30

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,915 August 30, 2026528894

    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

    • $1,915

    Model Lease Information

    Model Price Range

    • $1,926 - $3,516Plus 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

  • 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
    Restrictions:

    None

    Comments: | Restrictions: None

    Dogs
      Restrictions:

      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
      Google Map

      Map

      2 W Marshall St, Richmond, VA 23220

      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 $1,447 to $2,096

      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
        • Island Kitchens
        • Kitchens
        • Patios
        See more
        See less
      • Transit Friendly 3.2

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

      Learn more about Lifestyle Search

      Renters Reviews and Ratings

      4.0
      4 Renters Reviews
      • 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
        • 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
      • 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.

      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 $725
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      Jackson Ward

      Studio to 4 Bedroom Apartments from $725
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      Two Hundred Block West Franklin

      Studio to 4 Bedroom Apartments from $725
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      Rental Price Ranges in the Area

      BedroomAverage RentCheapest RentHighest Rent
      Richmond Studio Apartments $1,468$715$7,148
      Richmond 1 Bedroom Apartments $1,633$566$8,250
      Richmond 2 Bedroom Apartments $1,945$628$10,000+
      Richmond 3 Bedroom Apartments $2,168$810$9,341
      Richmond 4 Bedroom Apartments $1,232$725$5,902

      Browse Top Apartments in Richmond

      Viewing: The Penny at Jackson Ward | Desktop Version | Listing Updated: 06/29/2026 | AHLPLA