The Ace
1201 N Arthur Ashe Blvd,
Richmond, VA 23230
$1,565 - $4,465 | Studio - 2 Beds
Midtown Richmond
Richmond, VA
Midtown Richmond - Richmond, VA
Area Guide
An in-city neighborhood filled with museums and a college campus
Urban
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College Town
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Restaurants
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Museums
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Nestled just outside of Downtown Richmond, Midtown is home to an array of museums and major attractions. In Midtown Richmond, you’ll find Redskin Park, the Children’s Museum of Richmond, the Scenic Museum of Virginia, and Movieland at Boulevard Square. Midtown Richmond is also home to Virginia Commonwealth University, where you’ll find Monroe Park, Altria Theater, and an array of local restaurants along West Main Street. Midtown is just minutes from downtown, so residents can easily get to work or enjoy big-city attractions like the National and the Virginia State Capitol.
Rent Trends
As of July 2025, the average apartment rent in Midtown Richmond is $1,514 for a studio, $1,734 for one bedroom, $2,267 for two bedrooms, and $2,382 for three bedrooms. Apartment rent in Midtown Richmond has increased by 1.4% in the past year.
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Studio
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609 sq ft
Average Sq Ft
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$1,514/month
Average Rent
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1 BR
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692 sq ft
Average Sq Ft
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$1,734/month
Average Rent
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2 BR
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971 sq ft
Average Sq Ft
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$2,267/month
Average Rent
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3 BR
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1,061 sq ft
Average Sq Ft
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$2,382/month
Average Rent
Transportation
90
Walker's Paradise
out of 100 WalkScore® Rating
Lace up your walking shoes because this area is considered a walker’s paradise.
52
Good Transit
out of 100 TransitScore® Rating
The area around this property has good transit with many nearby transportation options.
85
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
Points of Interest
Shopping Centers
Parks and Recreation
- Science Museum of Virginia
- Children's Museum of Richmond
- Monroe Park
- Byrd Park
- Maymont House & Park
Airports
- Richmond International
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.