Photos


















- Studio–2 Bedrooms
- $1,146–$4,566Rent Pricing
- 491–1,015Square 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 $1,146 and having 491–1,015 sq ft. Here is the current pricing and availability:
New! Interactive Property Map
Studio
From $1,201
The Lena (L-A1)
Studio, 1 Bath, 491 sq ftAvailable May 10Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,201 May 10, 2025 206 491 Model Amenities and Features
Features
- Balcony
- Smoke Free
- Washer/Dryer
- Wi-Fi
Kitchen
- Granite Countertops
- Kitchen
- Microwave
Unit 206 Rent and Fees
Price
- From $1,201
Model Rent and Fees
Price
- $1,201 - $2,706
Apartment Model: The Lena (L-A1)From $1,201Studio, 1 Bath, 491 sq ftAvailable May 10, 2025The Lena (L-A1) - Floorplan 1 Apartment Unit: 206Apartment Model: The Lena (L-A1)From $1,201Studio, 1 Bath, 491 sq ftAvailable May 10, 2025From $1,146
The Lena (L-B)
Studio, 1 Bath, 538 sq ftCheapest StudioThis is the cheapest Studio at this PropertyAvailable May 29Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,236 May 29, 2025 521 538 $1,146 June 7, 2025 221 538 Model Amenities and Features
Features
- Balcony
- Smoke Free
- Washer/Dryer
- Wi-Fi
Kitchen
- Granite Countertops
- Kitchen
- Microwave
Model Rent and Fees
Price Range
- $1,146 - $2,752
Rent Pricing
- $1,146 - $2,752
Unit 521 Rent and Fees
Price
- From $1,236
Model Rent and Fees
Price
- $1,146 - $2,752
Unit 221 Rent and Fees
Price
- From $1,146
Model Rent and Fees
Price
- $1,146 - $2,752
Apartment Model: The Lena (L-B)From $1,146Studio, 1 Bath, 538 sq ftAvailable May 29, 2025The Lena (L-B) - Floorplan 1 The Lena (L-B) - Floorplan 2 Apartment Unit: 521Apartment Model: The Lena (L-B)From $1,236Studio, 1 Bath, 538 sq ftAvailable May 29, 2025Apartment Unit: 221Apartment Model: The Lena (L-B)From $1,146Studio, 1 Bath, 538 sq ftAvailable June 7, 2025From $1,399
The Lena (L-C)
Studio, 1 Bath, 552 sq ftLargest StudioThis is the largest Studio at this PropertyAvailable Jun 6Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,399 June 6, 2025 329 552 Model Amenities and Features
Features
- Balcony
- Smoke Free
- Washer/Dryer
- Wi-Fi
Kitchen
- Granite Countertops
- Kitchen
- Microwave
Unit 329 Rent and Fees
Price
- From $1,399
Model Rent and Fees
Price
- $1,399 - $2,489
Apartment Model: The Lena (L-C)From $1,399Studio, 1 Bath, 552 sq ftAvailable June 6, 2025The Lena (L-C) - Floorplan 1 Apartment Unit: 329Apartment Model: The Lena (L-C)From $1,399Studio, 1 Bath, 552 sq ftAvailable June 6, 20251 Bedroom
Show Unavailable FloorplansFrom $1,300
The Miles (M-J)
1 Bed, 1 Bath, 641 sq ftCheapest 1 BedroomThis is the cheapest 1 Bedroom at this PropertyAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,300 Available Now 112 641 Model Amenities and Features
Features
- Balcony
- Smoke Free
- Washer/Dryer
- Wi-Fi
Kitchen
- Granite Countertops
- Kitchen
- Microwave
Unit 112 Rent and Fees
Price
- From $1,300
Model Rent and Fees
Price
- $1,300 - $2,677
Apartment Model: The Miles (M-J)From $1,3001 Bedroom, 1 Bath, 641 sq ftAvailable NowThe Miles (M-J) - Floorplan 1 Apartment Unit: 112Apartment Model: The Miles (M-J)From $1,3001 Bedroom, 1 Bath, 641 sq ftAvailable NowFrom $1,330
The Ella (E-D)
1 Bed, 1 Bath, 765 sq ftAvailable NowModel Gallery
Floorplans
Photos
Availability Details
Price Availability Date Unit Sq Ft $1,350 Available Now 314 765 $1,330 Available Now 116 765 $1,350 April 20, 2025 319 765 Model Amenities and Features
Features
- Balcony
- Smoke Free
- Washer/Dryer
- Wi-Fi
Kitchen
- Granite Countertops
- Kitchen
- Microwave
Model Rent and Fees
Price Range
- $1,330 - $2,905
Rent Pricing
- $1,330 - $2,803
Unit 314 Rent and Fees
Price
- From $1,350
Model Rent and Fees
Price
- $1,330 - $2,905
Unit 116 Rent and Fees
Price
- From $1,330
Model Rent and Fees
Price
- $1,330 - $2,905
Unit 319 Rent and Fees
Price
- From $1,350
Model Rent and Fees
Price
- $1,330 - $2,905
Apartment Model: The Ella (E-D)From $1,3301 Bedroom, 1 Bath, 765 sq ftAvailable NowFloorplansPhotosThe 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 11 The Ella (E-D) - Floorplan 12 Apartment Unit: 314Apartment Model: The Ella (E-D)From $1,3501 Bedroom, 1 Bath, 765 sq ftAvailable NowApartment Unit: 116Apartment Model: The Ella (E-D)From $1,3301 Bedroom, 1 Bath, 765 sq ftAvailable NowApartment Unit: 319Apartment Model: The Ella (E-D)From $1,3501 Bedroom, 1 Bath, 765 sq ftAvailable April 20, 2025From $1,460
The Ella (E-E)
1 Bed, 1 Bath, 771 sq ftAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,460 Available Now 425 771 Call For Rates April 4, 2025 625 771 Model Amenities and Features
Features
- Balcony
- Smoke Free
- Washer/Dryer
- Wi-Fi
Kitchen
- Granite Countertops
- Kitchen
- Microwave
Model Rent and Fees
Price Range
- $1,460 - $2,992
Price
- Call For Rates
Unit 425 Rent and Fees
Price
- From $1,460
Model Rent and Fees
Price
- $1,460 - $2,992
Model Rent and Fees
Price
- $1,460 - $2,992
Apartment Model: The Ella (E-E)From $1,4601 Bedroom, 1 Bath, 771 sq ftAvailable NowThe Ella (E-E) - Floorplan 1 Apartment Unit: 425Apartment Model: The Ella (E-E)From $1,4601 Bedroom, 1 Bath, 771 sq ftAvailable NowApartment Unit: 625Apartment Model: The Ella (E-E)Call For Rates1 Bedroom, 1 Bath, 771 sq ftAvailable April 4, 2025From $1,465
The Ella (E-B)
1 Bed, 1 Bath, 715 sq ftAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,465 Available Now 320 715 Model Amenities and Features
Features
- Balcony
- Smoke Free
- Washer/Dryer
- Wi-Fi
Kitchen
- Granite Countertops
- Kitchen
- Microwave
Unit 320 Rent and Fees
Price
- From $1,465
Model Rent and Fees
Price
- $1,465 - $2,944
Apartment Model: The Ella (E-B)From $1,4651 Bedroom, 1 Bath, 715 sq ftAvailable NowThe Ella (E-B) - Floorplan 1 The Ella (E-B) - Floorplan 2 Apartment Unit: 320Apartment Model: The Ella (E-B)From $1,4651 Bedroom, 1 Bath, 715 sq ftAvailable NowFrom $2,208
The Ella Terrace
1 Bed, 1 Bath, 1015 sq ftLargest 1 BedroomThis is the largest 1 Bedroom at this PropertyAvailable Apr 28Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $2,208 April 28, 2025 617 1015 Model Amenities and Features
Features
- Balcony
- Smoke Free
- Washer/Dryer
- Wi-Fi
Kitchen
- Granite Countertops
- Kitchen
- Microwave
Unit 617 Rent and Fees
Price
- From $2,208
Model Rent and Fees
Price
- $2,208 - $4,566
Apartment Model: The Ella TerraceFrom $2,2081 Bedroom, 1 Bath, 1015 sq ftAvailable April 28, 2025The Ella Terrace - Floorplan 1 The Ella Terrace - Floorplan 2 Apartment Unit: 617Apartment Model: The Ella TerraceFrom $2,2081 Bedroom, 1 Bath, 1015 sq ftAvailable April 28, 2025From $1,511
The Ella (E-C)
1 Bed, 1 Bath, 724 sq ftAvailable May 9Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,511 May 9, 2025 424 724 Model Amenities and Features
Features
- Balcony
- Smoke Free
- Washer/Dryer
- Wi-Fi
Kitchen
- Granite Countertops
- Kitchen
- Microwave
Unit 424 Rent and Fees
Price
- From $1,511
Model Rent and Fees
Price
- $1,511 - $2,899
Apartment Model: The Ella (E-C)From $1,5111 Bedroom, 1 Bath, 724 sq ftAvailable May 9, 2025The Ella (E-C) - Floorplan 1 Apartment Unit: 424Apartment Model: The Ella (E-C)From $1,5111 Bedroom, 1 Bath, 724 sq ftAvailable May 9, 2025From $1,440
The Ella (E-C1)
1 Bed, 1 Bath, 764 sq ftAvailable Jun 5Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,440 June 5, 2025 622 764 Model Amenities and Features
Features
- Balcony
- Smoke Free
- Washer/Dryer
- Wi-Fi
Kitchen
- Granite Countertops
- Kitchen
- Microwave
Unit 622 Rent and Fees
Price
- From $1,440
Model Rent and Fees
Price
- $1,440 - $2,503
Apartment Model: The Ella (E-C1)From $1,4401 Bedroom, 1 Bath, 764 sq ftAvailable June 5, 2025The Ella (E-C1) - Floorplan 1 Apartment Unit: 622Apartment Model: The Ella (E-C1)From $1,4401 Bedroom, 1 Bath, 764 sq ftAvailable June 5, 2025The Miles (M-A)
1 Bed, 1 Bath, 526 sq ftModel Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Unavailable 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 ftUnavailableThe 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 Unavailable 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 ftUnavailableThe 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 Unavailable 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 ftUnavailableThe Miles (M-L) - Floorplan 1 2 Bedrooms
From $1,803
The Louis (L-A)
2 Beds, 2 Baths, 825 sq ftAvailable NowModel Gallery
Floorplans
Photos
Availability Details
Price Availability Date Unit Sq Ft $1,813 Available Now 107 825 $1,903 April 6, 2025 408 825 $1,803 May 19, 2025 205 825 Model Amenities and Features
Features
- Balcony
- Smoke Free
- Washer/Dryer
- Wi-Fi
Kitchen
- Granite Countertops
- Kitchen
- Microwave
Model Rent and Fees
Price Range
- $1,803 - $3,535
Rent Pricing
- $1,803 - $3,423
Unit 107 Rent and Fees
Price
- From $1,813
Model Rent and Fees
Price
- $1,803 - $3,535
Unit 408 Rent and Fees
Price
- From $1,903
Model Rent and Fees
Price
- $1,803 - $3,535
Unit 205 Rent and Fees
Price
- From $1,803
Model Rent and Fees
Price
- $1,803 - $3,535
Apartment Model: The Louis (L-A)From $1,8032 Bedroom, 2 Bath, 825 sq ftAvailable NowFloorplansPhotosThe 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: 107Apartment Model: The Louis (L-A)From $1,8132 Bedroom, 2 Bath, 825 sq ftAvailable NowApartment Unit: 408Apartment Model: The Louis (L-A)From $1,9032 Bedroom, 2 Bath, 825 sq ftAvailable April 6, 2025Apartment Unit: 205Apartment Model: The Louis (L-A)From $1,8032 Bedroom, 2 Bath, 825 sq ftAvailable May 19, 2025From $1,888
The Louis (L-C)
2 Beds, 2 Baths, 894 sq ftAvailable Jun 22Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,888 June 22, 2025 428 894 Model Amenities and Features
Features
- Balcony
- Smoke Free
- Washer/Dryer
- Wi-Fi
Kitchen
- Granite Countertops
- Kitchen
- Microwave
Unit 428 Rent and Fees
Price
- From $1,888
Model Rent and Fees
Price
- $1,888 - $3,567
Apartment Model: The Louis (L-C)From $1,8882 Bedroom, 2 Bath, 894 sq ftAvailable June 22, 2025The Louis (L-C) - Floorplan 1 Apartment Unit: 428Apartment Model: The Louis (L-C)From $1,8882 Bedroom, 2 Bath, 894 sq ftAvailable June 22, 2025
Schedule a Tour
Property Information
- 169 Units
- 5 Stories
- Built in 2019
- View Property Website
Pet Policy
Pet Policy - Dogs
- Breed Restrictions
Parking Fees & Info
Parking Covered Lot
- Covered Lot
Fee & Deposit Info
One-Time Fees
- $60 Application Fee
3D Tours
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
- Microwave
- Kitchen
- Granite Countertops
Living Area Features
- High Ceilings

Map
- Shopping
- Colleges
- Grocery
- Medical
- Parks

Map
Hours and Contact Info
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 $1,146 to $4,566
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
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
Albert Hill Middle
Thomas Jefferson High
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
Colleges and Universities
Groceries
Hospitals
Military Bases
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 | $1,364 | $715 | $4,443 |
Richmond 1 Bedroom Apartments | $1,646 | $700 | $7,304 |
Richmond 2 Bedroom Apartments | $1,963 | $832 | $10,000+ |
Richmond 3 Bedroom Apartments | $2,493 | $879 | $10,000+ |
Richmond 4 Bedroom Apartments | $1,187 | $756 | $7,250 |
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