Monroe Park Towers
520 W Franklin St,
Richmond,
VA
23220
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804-944-8991
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Monthly Rent
$1,164 - $2,175
Plus Fees12 Month Lease
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Bedrooms
Studio - 3 bd
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Bathrooms
1 - 2 ba
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Square Feet
451 - 1,390 sq ft
Monroe Park Towers
Favorites
ALL UTILITIES INCLUDED! Monroe Park Towers: Modern, cosmopolitan living in Central Richmond's most fashionable area near restaurants and entertainment and across the street from Monroe Park. Great news if your goal is to live within walking distance of VCU, Monroe Park Towers is the place for you.
Highlights
- Walk-In Closets
- Controlled Access
- Elevator
- Balcony
- Property Manager on Site
- Hardwood Floors
Pricing & Floor Plans
filter results by bedrooms
0BR/1.0BA
$1,164 – $1,297
Plus Fees
Studio
1 Bath
451 – 485 Sq Ft
$500 Deposit
2 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
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Unit 1-1506price $1,164square feet 451availibility Apr 9
-
Unit 1-0501price $1,297square feet 485availibility Apr 10
1BR/1.0BA
$1,249 – $1,333
Plus Fees
1 Bed
1 Bath
565 – 630 Sq Ft
$500 Deposit
4 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
-
Unit 1-0311price $1,249square feet 630availibility Now
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Unit 1-0505price $1,249square feet 630availibility Apr 17
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Unit 1-0605price $1,249square feet 630availibility May 1
2BR/1.0BA
$1,575
Plus Fees
2 Beds
1 Bath
760 Sq Ft
$500 Deposit
7 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
-
Unit 1-0310price $1,575square feet 760availibility Now
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Unit 1-0409price $1,575square feet 760availibility Now
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Unit 1-1503price $1,575square feet 760availibility Now
3BR/2.0BA
$2,175
Plus Fees
3 Beds
2 Baths
1,390 Sq Ft
$500 Deposit
1 Available unit
Unit
Base Price
Sq Ft
Availability
Unit Details
-
Unit 1-1905price $2,175square feet 1,390availibility Now
0BR/1.0BA
$1,164 – $1,297
Plus Fees
Studio
1 Bath
451 – 485 Sq Ft
$500 Deposit
2 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
-
Unit 1-1506price $1,164square feet 451availibility Apr 9
-
Unit 1-0501price $1,297square feet 485availibility Apr 10
1BR/1.0BA
$1,249 – $1,333
Plus Fees
1 Bed
1 Bath
565 – 630 Sq Ft
$500 Deposit
4 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
-
Unit 1-0311price $1,249square feet 630availibility Now
-
Unit 1-0505price $1,249square feet 630availibility Apr 17
-
Unit 1-0605price $1,249square feet 630availibility May 1
2BR/1.0BA
$1,575
Plus Fees
2 Beds
1 Bath
760 Sq Ft
$500 Deposit
7 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
-
Unit 1-0310price $1,575square feet 760availibility Now
-
Unit 1-0409price $1,575square feet 760availibility Now
-
Unit 1-1503price $1,575square feet 760availibility Now
3BR/2.0BA
$2,175
Plus Fees
3 Beds
2 Baths
1,390 Sq Ft
$500 Deposit
1 Available unit
Unit
Base Price
Sq Ft
Availability
Unit Details
-
Unit 1-1905price $2,175square feet 1,390availibility Now
* Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out.View Fees and Policies for details.
Price, availability, fees, and any applicable rent special are subject to change without notice.
* Square footage definitions vary. Displayed square footage is approximate.
Fees and Policies
The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified. Use the Cost Calculator to determine costs based on your needs.
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One-Time Basics
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Due at Application
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Application Fee Per ApplicantCharged per applicant.$45
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Due at Move-In
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Administrative FeeCharged per unit.$150
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Due at Application
Pet policies are negotiable.
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.
Details
Utilities Included
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Gas
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Water
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Electricity
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Heat
-
Trash Removal
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Sewer
-
Cable
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Air Conditioning
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Internet
Lease Options
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12 mo
Property Information
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Built in 1972
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181 units/18 stories
Matterport 3D Tour
About Monroe Park Towers
ALL UTILITIES INCLUDED! Monroe Park Towers: Modern, cosmopolitan living in Central Richmond's most fashionable area near restaurants and entertainment and across the street from Monroe Park. Great news if your goal is to live within walking distance of VCU, Monroe Park Towers is the place for you.
Monroe Park Towers is an apartment community located in Richmond City County and the 23220 ZIP Code. This area is served by the Richmond City Public Schools attendance zone.
Unique Features
- open floor plan
- Sewer
- Breakfast Bar
- Espresso Cabinetry
- Water
- Carpeted Bedroom
- Galley Kitchen
- Maple Cabinetry
- Panoramic Views of the City and Monroe Park
- Utility Fee $150
- White Cabinetry
- Black appliances
- Expresso cabinetry
- Large walk-in closet
- LVT Flooring
- New Carpet
- Newly Renovated
- Renovated
- generous closet
- City skyline views
- Electric
- Pest Control
- View of Monroe Park
- Views of Monroe Park
- Arched doorways
- Downtown Richmond views
- Valet Trash
- Carpeted Bedrooms
- Master Bedroom with private bathroom.
- Spacious Balcony
- spacious closet
- Utility Fee $175
Community Amenities
Fitness Center
Elevator
Clubhouse
Controlled Access
- Package Service
- Controlled Access
- Maintenance on site
- Property Manager on Site
- Elevator
- Clubhouse
- Lounge
- Fitness Center
Apartment Features
Air Conditioning
Dishwasher
High Speed Internet Access
Hardwood Floors
Walk-In Closets
Microwave
Tub/Shower
Disposal
Indoor Features
- High Speed Internet Access
- Air Conditioning
- Heating
- Smoke Free
- Cable Ready
- Tub/Shower
Kitchen Features & Appliances
- Dishwasher
- Disposal
- Stainless Steel Appliances
- Eat-in Kitchen
- Kitchen
- Microwave
- Range
Model Details
- Hardwood Floors
- Carpet
- Tile Floors
- Dining Room
- Walk-In Closets
- Window Coverings
- Balcony
520 W Franklin St,
Richmond,
VA
23220
Also known as Midtown, Monroe Ward is a historic neighborhood located in Downtown Richmond. Monroe Ward is home to the famed Jefferson Hotel and several academic buildings for Virginia Commonwealth University, which is located directly west of the neighborhood. The neighborhood is known for its historic architectural styles including Greek Revival and Queen Anne, but there are modern options available as well, including studios and high-rise apartments.
Along with a heap of restaurants, galleries, and bars, Monroe Ward provides residents with easy access to a long list of museums and attractions including the Black History Museum and Cultural Center, the Science Museum of Virginia, the Virginia Museum of Fine Arts, and more. Head south of the neighborhood to Gambles Hill Park or Brown’s Island, a popular spot for concerts, festivals, and water activities like kayaking and swimming.
Learn more about living in Monroe Ward
Average Prices by Area
Compare neighborhood and city base rent averages by bedroom.
| Monroe Ward | Richmond, VA | |
|---|---|---|
| Studio | $1,022 | $1,287 |
| 1 Bedroom | $1,281 | $1,427 |
| 2 Bedrooms | $1,712 | $1,623 |
| 3 Bedrooms | $2,350 | $2,018 |
Amenities
- Package Service
- Controlled Access
- Maintenance on site
- Property Manager on Site
- Elevator
- Clubhouse
- Lounge
- Fitness Center
- open floor plan
- Sewer
- Breakfast Bar
- Espresso Cabinetry
- Water
- Carpeted Bedroom
- Galley Kitchen
- Maple Cabinetry
- Panoramic Views of the City and Monroe Park
- Utility Fee $150
- White Cabinetry
- Black appliances
- Expresso cabinetry
- Large walk-in closet
- LVT Flooring
- New Carpet
- Newly Renovated
- Renovated
- generous closet
- City skyline views
- Electric
- Pest Control
- View of Monroe Park
- Views of Monroe Park
- Arched doorways
- Downtown Richmond views
- Valet Trash
- Carpeted Bedrooms
- Master Bedroom with private bathroom.
- Spacious Balcony
- spacious closet
- Utility Fee $175
- High Speed Internet Access
- Air Conditioning
- Heating
- Smoke Free
- Cable Ready
- Tub/Shower
- Dishwasher
- Disposal
- Stainless Steel Appliances
- Eat-in Kitchen
- Kitchen
- Microwave
- Range
- Hardwood Floors
- Carpet
- Tile Floors
- Dining Room
- Walk-In Closets
- Window Coverings
- Balcony
Expenses
Utilities Included
Gas, Water, Electricity, Heat, Trash Removal, Sewer, Cable, Air Conditioning
Included
Office Hours
804-944-8991
| Monday | 9am - 5pm |
|---|---|
| Tuesday | 9am - 5pm |
| Wednesday | 9am - 5pm |
| Thursday | 9am - 5pm |
| Friday | 9am - 5pm |
| Saturday | 10am - 2pm |
| Sunday | Closed |
Education
| Colleges & Universities | Distance | ||
|---|---|---|---|
| Colleges & Universities | Distance | ||
| Walk: | 7 min | 0.4 mi | |
| Drive: | 4 min | 1.5 mi | |
| Drive: | 4 min | 1.6 mi | |
| Drive: | 17 min | 7.1 mi |
Monroe Park Towers is within 7 minutes or 0.4 mile from VCU. It is also near Reynolds C.C., Downtown and Virginia Union University.
Schools
Public Elementary School
Grades PK-5
420 Students
Nearby
Private Elementary School
Grades K-5
84 Students
Nearby
Private Elementary & Middle School
Grades K-8
77 Students
Nearby
School data provided by
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 a scale of 1 (below average) 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 family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by GreatSchools.org © 2026. All rights reserved.
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 a scale of 1 (below average) 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 family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by GreatSchools.org © 2026. All rights reserved.
Getting Around
What do Walkability, Transit, Drivability, and Bikeability mean?
Walkability measures the walking distance to day-to-day needs.
Transit measures access to public transportation.
Drivability measures congestion, parking availability, and access to major roads.
Bikeability measures the suitability for cycling.
How It Works
Moderately Walkable
Walkability
70
/ 100
Some Public Transit
Transit
50
/ 100
Moderately Drivable
Drivability
60
/ 100
Fairly Bikeable
Bikeability
50
/ 100
Scores provided by
What do Walkability, Transit, Drivability, and Bikeability mean?
Walkability measures the walking distance to day-to-day needs.
Transit measures access to public transportation.
Drivability measures congestion, parking availability, and access to major roads.
Bikeability measures the suitability for cycling.
How It Works
Busy
Soundscore™
66
/ 100
Traffic
BusyAirport
CalmBusinesses
BusyScores provided by
HowLoud What is a Sound Score Rating? A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources. How It WorksMonroe Park Towers Photos
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Monroe Park Towers
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Community Room & Theater
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Community Room
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2BR, 1BA - 760SF - Living Room
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2BR, 1BA - 760SF - Living Room
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Living Room
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Bedroom
-
Bedroom
-
Bathroom
Nearby Apartments
Within 50 Miles of Monroe Park Towers
Does Monroe Park Towers have in-unit laundry?
Monroe Park Towers does not offer in-unit laundry or shared facilities. Please contact the property to learn about nearby laundry options.
What utilities are included in rent at Monroe Park Towers?
Select utilities are included in rent at Monroe Park Towers, including gas, water, electricity, heat, trash removal, sewer, cable, air conditioning, and internet. Residents are responsible for any other utilities not listed.
Is parking available at Monroe Park Towers?
Contact this property for parking details.
Which floor plans are available, and what are the price ranges?
Monroe Park Towers has studios to three-bedrooms with rent ranges from $1,164/mo. to $2,175/mo.
Is Monroe Park Towers pet-friendly?
Monroe Park Towers does not allow pets, though service animals are always welcome in accordance with applicable laws.
How much income do I need to rent at Monroe Park Towers?
A good rule of thumb is to spend no more than 30% of your gross income on rent. Based on the lowest available rent of $1,164 for a studio, you would need to earn about $46,560 per year to qualify. Want to double-check your budget? Calculate how much rent you can afford with our Rent Affordability Calculator.
Does Monroe Park Towers have move-in specials?
Monroe Park Towers is not currently offering any rent specials. Check back soon, as promotions change frequently.
Does Monroe Park Towers offer Matterport 3D tours?
Yes! Monroe Park Towers offers 1 Matterport 3D Tours. Explore different floor plans and see unit level details, all without leaving home.
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.
What is a Sound Score Rating?
A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources.
520 W Franklin St
Richmond, VA 23220
Property Manager Responded