The Ace
1201 N Arthur Ashe Blvd,
Richmond, VA 23230
$1,495 - $4,515
Studio - 2 Beds
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.
As of October 2025, the average apartment rent in Midtown Richmond is $1,470 for a studio, $1,704 for one bedroom, $2,251 for two bedrooms, and $2,446 for three bedrooms. Apartment rent in Midtown Richmond has increased by 0.9% in the past year.
Studio
610 sq ft
Average Sq Ft
$1,470/month
Average Rent
1 BR
691 sq ft
Average Sq Ft
$1,704/month
Average Rent
2 BR
980 sq ft
Average Sq Ft
$2,251/month
Average Rent
3 BR
1,119 sq ft
Average Sq Ft
$2,446/month
Average Rent
Walker's Paradise
out of 100 WalkScore® Rating
Lace up your walking shoes because this area is considered a walker’s paradise.
Good Transit
out of 100 TransitScore® Rating
The area around this property has good transit with many nearby transportation options.
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
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† 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 September 2025.