Atrium Lofts at Cold Storage
500 N 18th St,
Richmond, VA 23223
$1,215 - $3,225 Total Monthly Price
Studio - 2 Beds
Upper Shockoe Valley
Richmond, VA
Upper Shockoe Valley - Richmond, VA
Area Guide
Niche Reviews 
As one of Richmond's oldest neighborhoods, Shockoe Valley dates back to 1737 and is listed on the National Register of Historic Places. Shockoe Valley contains several smaller neighborhoods, including Upper Shockoe Valley. Upper Shockoe Valley begins along East Broad Street, directly north of Shockoe Slip and Shockoe Bottom. It borders the MCV Campus Virginia Commonwealth University and I-95 on its east side, with North 18th Street to the west. The Virginia State Capitol is adjacent to the neighborhood, just south of Broad Street.
Being on the east side of Downtown Richmond, Upper Shockoe Valley apartments are often within walking distance of all things downtown, including the Richmond Coliseum, the Greater Richmond Convention Center, the Dominion Arts Center, and the National. Within the neighborhood, you'll find shops and restaurants along 18th Street, including Shockoe Valley Market and the popular Shockoe Valley Pizza & Bar. Jefferson Park, located on the east side of the neighborhood, is a hidden gem -- this park has what's considered the best view of Downtown Richmond's city skyline. It also offers exercise stations, a playground, a fountain, and walking paths.
Rent Trends
As of January 2026, the average apartment rent in Upper Shockoe Valley is $1,152 for a studio, $1,274 for one bedroom, $1,622 for two bedrooms, and $2,145 for three bedrooms. Apartment rent in Upper Shockoe Valley has increased by 2.4% in the past year.
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Studio
-
531 sq ft
Average Sq Ft
-
$1,152/month
Average Rent
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1 BR
-
608 sq ft
Average Sq Ft
-
$1,274/month
Average Rent
-
2 BR
-
917 sq ft
Average Sq Ft
-
$1,622/month
Average Rent
-
3 BR
-
1,092 sq ft
Average Sq Ft
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$2,145/month
Average Rent
Transportation
79
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
59
Good Transit
out of 100 TransitScore® Rating
The area around this property has good transit with many nearby transportation options.
52
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Reviews of Upper Shockoe Valley - Richmond, VA
Niche Reviews
16 Reviews
Niche User
9 years and 7 months ago•Niche Review
It's a growing area, with it's safe and less-safe blocks.
Niche User
11 years and 2 months ago•Niche Review
The students and medical people usually take care of themselves but other local residents might not.
Niche User
11 years and 2 months ago•Niche Review
The city is very humid and there's lots of smog, makes winter not as cold sometimes. The snow removal is pretty effective and it can rain quite a bit.
Niche User
11 years and 2 months ago•Niche Review
Appropriate response for fire department, very liberal government atmosphere here, lots of food stamps and handouts in the city.
Points of Interest
Shopping Centers
Parks and Recreation
- Richmond Canal
- Maggie L Walker National Historic Site
- Monroe Park
- Chimborazo Park
- Science Museum of Virginia
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 November 2025.