Photos
- Studio–2 Bedrooms
- $1,160-$3,965Pricing
- 491–856Square 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 Studio to 2 Bedroom apartments starting from $1,375 and having 491–856 sq ft. Here is the current pricing and availability:
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ApartmentHomeLiving.com's new Interactive Property Map allows you to see where every available unit is located at this community.Try It Now >Studio
The Lena (L-A1)
From $1,384
Studio, 1 Bath, 491 sq ftAvailable January 14, 2026Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,384 January 14, 2026 506 491 Model Amenities and Features
Features
- Balcony
- Smoke Free
- Washer/Dryer
- Wi-Fi
Kitchen
- Granite Countertops
- Kitchen
- Microwave
Unit 506 Rent and Fees
Unit Price
- $1,384
Model Rent and Fees
Model Price Range
- $1,384 - $2,391
Apartment Model: The Lena (L-A1)From $1,384Studio, 1 Bath, 491 sq ftAvailable January 14, 2026![]()
The Lena (L-A1) - Floorplan 1 Apartment Unit: 506Apartment Model: The Lena (L-A1)$1,384Studio, 1 Bath, 491 sq ftAvailable January 14, 2026The Lena (L-C)
From $1,375
Studio, 1 Bath, 552 sq ftAvailable January 27, 2026Cheapest StudioThis is the cheapest Studio at this PropertyModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,375 January 27, 2026 229 552 $1,399 February 7, 2026 329 552 Model Amenities and Features
Features
- Balcony
- Smoke Free
- Washer/Dryer
- Wi-Fi
Kitchen
- Granite Countertops
- Kitchen
- Microwave
Model Rent and Fees
Model Price Range
- $1,375 - $1,399
Unit 229 Rent and Fees
Unit Price
- $1,375
Model Rent and Fees
Model Price Range
- $1,375 - $1,399
Unit 329 Rent and Fees
Unit Price
- $1,399
Model Rent and Fees
Model Price Range
- $1,375 - $1,399
Apartment Model: The Lena (L-C)From $1,375Studio, 1 Bath, 552 sq ftAvailable January 27, 2026![]()
The Lena (L-C) - Floorplan 1 Apartment Unit: 229Apartment Model: The Lena (L-C)$1,375Studio, 1 Bath, 552 sq ftAvailable January 27, 2026Apartment Unit: 329Apartment Model: The Lena (L-C)$1,399Studio, 1 Bath, 552 sq ftAvailable February 7, 2026The Lena (L-B)
Call For Rates
Studio, 1 Bath, 538 sq ftAvailable February 5, 2026Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft Call For Rates February 5, 2026 121 538 Model Amenities and Features
Features
- Balcony
- Smoke Free
- Washer/Dryer
- Wi-Fi
Kitchen
- Granite Countertops
- Kitchen
- Microwave
Model Rent and Fees
Model Price Range
- $1,160 - $2,545
Apartment Model: The Lena (L-B)From $1,160Studio, 1 Bath, 538 sq ftAvailable February 5, 2026![]()
The Lena (L-B) - Floorplan 1 ![]()
The Lena (L-B) - Floorplan 2 Apartment Unit: 121Apartment Model: The Lena (L-B)Call For RatesStudio, 1 Bath, 538 sq ftAvailable February 5, 20261 Bedroom
Show Unavailable FloorplansThe Ella (E-B)
From $1,627
1 Bed, 1 Bath, 715 sq ftAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,627 Available Now 409 715 Model Amenities and Features
Features
- Balcony
- Smoke Free
- Washer/Dryer
- Wi-Fi
Kitchen
- Granite Countertops
- Kitchen
- Microwave
Unit 409 Rent and Fees
Unit Price
- $1,627
Model Rent and Fees
Model Price Range
- $1,627 - $3,196
Apartment Model: The Ella (E-B)From $1,6271 Bedroom, 1 Bath, 715 sq ftAvailable Now![]()
The Ella (E-B) - Floorplan 1 ![]()
The Ella (E-B) - Floorplan 2 Apartment Unit: 409Apartment Model: The Ella (E-B)$1,6271 Bedroom, 1 Bath, 715 sq ftAvailable NowThe Miles (M-M)
From $1,542
1 Bed, 1 Bath, 670 sq ftAvailable Nov 22Cheapest 1 BedroomThis is the cheapest 1 Bedroom at this PropertyModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,542 November 22, 2025 615 670 Model Amenities and Features
Features
- Balcony
- Smoke Free
- Washer/Dryer
- Wi-Fi
Kitchen
- Granite Countertops
- Kitchen
- Microwave
Unit 615 Rent and Fees
Unit Price
- $1,542
Model Rent and Fees
Model Price Range
- $1,542 - $3,044
Apartment Model: The Miles (M-M)From $1,5421 Bedroom, 1 Bath, 670 sq ftAvailable November 22, 2025![]()
The Miles (M-M) - Floorplan 1 Apartment Unit: 615Apartment Model: The Miles (M-M)$1,5421 Bedroom, 1 Bath, 670 sq ftAvailable November 22, 2025The Ella (E-E)
From $1,630
1 Bed, 1 Bath, 771 sq ftAvailable January 8, 2026Largest 1 BedroomThis is the largest 1 Bedroom at this PropertyModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,630 January 8, 2026 325 771 Model Amenities and Features
Features
- Balcony
- Smoke Free
- Washer/Dryer
- Wi-Fi
Kitchen
- Granite Countertops
- Kitchen
- Microwave
Unit 325 Rent and Fees
Unit Price
- $1,630
Model Rent and Fees
Model Price Range
- $1,630 - $3,602
Apartment Model: The Ella (E-E)From $1,6301 Bedroom, 1 Bath, 771 sq ftAvailable January 8, 2026![]()
The Ella (E-E) - Floorplan 1 Apartment Unit: 325Apartment Model: The Ella (E-E)$1,6301 Bedroom, 1 Bath, 771 sq ftAvailable January 8, 2026The Miles (M-A)
1 Bed, 1 Bath, 526 sq ftModel Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Call for Availability 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 ftUnavailable![]()
The 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 Call for Availability 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 ftUnavailable![]()
The 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 Call for Availability 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 ftUnavailable![]()
The Miles (M-L) - Floorplan 1 2 Bedrooms
The Louis (L-A)
From $2,029
2 Beds, 2 Baths, 825 sq ftAvailable February 1, 2026Model Gallery
Floorplans
Photos
Availability Details
Price Availability Date Unit Sq Ft $2,029 February 1, 2026 405 825 Model Amenities and Features
Features
- Balcony
- Smoke Free
- Washer/Dryer
- Wi-Fi
Kitchen
- Granite Countertops
- Kitchen
- Microwave
Unit 405 Rent and Fees
Unit Price
- $2,029
Model Rent and Fees
Model Price Range
- $2,029 - $3,916
Apartment Model: The Louis (L-A)From $2,0292 Bedroom, 2 Bath, 825 sq ftAvailable February 1, 2026FloorplansPhotos![]()
The 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: 405Apartment Model: The Louis (L-A)$2,0292 Bedroom, 2 Bath, 825 sq ftAvailable February 1, 2026The Louis (L-B)
From $2,054
2 Beds, 2 Baths, 856 sq ftAvailable February 14, 2026Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $2,054 February 14, 2026 203 856 Model Amenities and Features
Features
- Balcony
- Smoke Free
- Washer/Dryer
- Wi-Fi
Kitchen
- Granite Countertops
- Kitchen
- Microwave
Unit 203 Rent and Fees
Unit Price
- $2,054
Model Rent and Fees
Model Price Range
- $2,054 - $3,965
Apartment Model: The Louis (L-B)From $2,0542 Bedroom, 2 Bath, 856 sq ftAvailable February 14, 2026![]()
The Louis (L-B) - Floorplan 1 Apartment Unit: 203Apartment Model: The Louis (L-B)$2,0542 Bedroom, 2 Bath, 856 sq ftAvailable February 14, 2026
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
Call us at: (804) 441-7575 to schedule a tour.
Matterport 3D Tours
2BR,2BA,-826SF, The Louis
Property Information
- 169 Units
- 5 Stories
- Built in 2019
- View Property Website
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Fees and Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities. Use the calculator to add these fees to the base rent.
Required Fees
One-Time Move-In Fees
- Due at Application
- 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
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
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 |
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?
Studio to 2 Bedroom Apartments at The Penny at Jackson Ward currently range from $1,375 to $2,054
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
Richmond City Public Schools
1110 West Leigh Street
Public School - Grades PK-5 (420 Students)
In Attendance Zone2 minute drive / 0.7 miles away
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
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
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.
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
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
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 | $1,402 | $715 | $4,055 |
| Richmond 1 Bedroom Apartments | $1,613 | $671 | $10,000+ |
| Richmond 2 Bedroom Apartments | $1,851 | $781 | $5,173 |
| Richmond 3 Bedroom Apartments | $2,213 | $739 | $4,748 |
| Richmond 4 Bedroom Apartments | $1,673 | $649 | $6,090 |
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Viewing: The Penny at Jackson Ward | Desktop Version | Listing Updated: 11/12/2025 | AHLPLA