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Monthly Rent
$1,168 - $3,741
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Bedrooms
Studio - 2 bd
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Bathrooms
1 - 2 ba
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Square Feet
491 - 856 sq ft
Highlights
- Walker's Paradise
- High Ceilings
- Pool
- Controlled Access
- Gated
- Elevator
- Balcony
- Property Manager on Site
- Patio
Pricing & Floor Plans
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Unit 506price $1,263square feet 491availibility Jan 14, 2026
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Unit 229price $1,375square feet 552availibility Jan 27, 2026
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Unit 329price $1,399square feet 552availibility Feb 7, 2026
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Unit 121price $1,168square feet 538availibility Feb 5, 2026
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Unit 112price Call for Rentsquare feet 641availibility Now
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Unit 427price $1,550square feet 641availibility Now
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Unit 615price $1,651square feet 670availibility Now
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Unit 419price $1,666square feet 765availibility Now
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Unit 409price $1,736square feet 715availibility Now
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Unit 325price $1,741square feet 771availibility Jan 8, 2026
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Unit 205price $1,829square feet 825availibility Now
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Unit 408price $1,934square feet 825availibility Now
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Unit 405price $1,909square feet 825availibility Feb 1, 2026
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Unit 203price $1,934square feet 856availibility Feb 14, 2026
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Unit 506price $1,263square feet 491availibility Jan 14, 2026
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Unit 229price $1,375square feet 552availibility Jan 27, 2026
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Unit 329price $1,399square feet 552availibility Feb 7, 2026
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Unit 121price $1,168square feet 538availibility Feb 5, 2026
-
Unit 112price Call for Rentsquare feet 641availibility Now
-
Unit 427price $1,550square feet 641availibility Now
-
Unit 615price $1,651square feet 670availibility Now
-
Unit 419price $1,666square feet 765availibility Now
-
Unit 409price $1,736square feet 715availibility Now
-
Unit 325price $1,741square feet 771availibility Jan 8, 2026
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Unit 205price $1,829square feet 825availibility Now
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Unit 408price $1,934square feet 825availibility Now
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Unit 405price $1,909square feet 825availibility Feb 1, 2026
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Unit 203price $1,934square feet 856availibility Feb 14, 2026
Fees and Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities.
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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Internet
Property Information
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Built in 2019
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169 units/5 stories
Matterport 3D Tours
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 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
- Built in Microwaves
- Contemporary Kitchens
- Recessed and Pendant Lighting
- Stainless Appliances
- Mobile Access Pass
- Bike Racks
- Collection of Balconies and Private Terraces
- Report Rent and Build Credit with IDIQ
- Wifi Lounge Areas
- Blazing Fast Internet Included
- Very Bikeable Score 89%
- Courtyard Lounge Areas
- Housing Choice Voucher Program
- Lavish Granite Countertops
- Open Floor Plan Layouts
- 24/7 Package Pickup
- Designer Island Kitchens
- Smoke Free Building
- Walkability Paradise Score 97%
- Wheelchair Access
- Easy PULSE & GRTC accessibility
- Flexible, Short-Term Leasing Options
- Gorgeous Kitchen Tile Backsplash
- Pet Friendly
- Courtyard, Balcony or Rooftop Views
- Efficient Appliances
- Patio/Balcony
Community Amenities
Pool
Fitness Center
Elevator
Controlled Access
- Controlled Access
- Maintenance on site
- Property Manager on Site
- Elevator
- Lounge
- Fitness Center
- Pool
- Gated
- Courtyard
Apartment Features
Washer/Dryer
Granite Countertops
Microwave
Wi-Fi
- Wi-Fi
- Washer/Dryer
- Smoke Free
- Granite Countertops
- Kitchen
- Microwave
- High Ceilings
- Balcony
- Patio
- Controlled Access
- Maintenance on site
- Property Manager on Site
- Elevator
- Lounge
- Gated
- Courtyard
- Fitness Center
- Pool
- Built in Microwaves
- Contemporary Kitchens
- Recessed and Pendant Lighting
- Stainless Appliances
- Mobile Access Pass
- Bike Racks
- Collection of Balconies and Private Terraces
- Report Rent and Build Credit with IDIQ
- Wifi Lounge Areas
- Blazing Fast Internet Included
- Very Bikeable Score 89%
- Courtyard Lounge Areas
- Housing Choice Voucher Program
- Lavish Granite Countertops
- Open Floor Plan Layouts
- 24/7 Package Pickup
- Designer Island Kitchens
- Smoke Free Building
- Walkability Paradise Score 97%
- Wheelchair Access
- Easy PULSE & GRTC accessibility
- Flexible, Short-Term Leasing Options
- Gorgeous Kitchen Tile Backsplash
- Pet Friendly
- Courtyard, Balcony or Rooftop Views
- Efficient Appliances
- Patio/Balcony
- Wi-Fi
- Washer/Dryer
- Smoke Free
- Granite Countertops
- Kitchen
- Microwave
- High Ceilings
- Balcony
- Patio
| Monday | 9am - 5:30pm |
|---|---|
| Tuesday | 9am - 5:30pm |
| Wednesday | 11am - 5:30pm |
| Thursday | 9am - 5:30pm |
| Friday | 9am - 5pm |
| Saturday | 9am - 4pm |
| Sunday | Closed |
Located on the northern edge of Richmond’s downtown district, Jackson Ward is a vibrant neighborhood teeming with an array of apartments, lofts, and townhomes available for rent. Listed on the National Register of Historic Places in 1976, Jackson Ward honors its rich heritage with venues like the Maggie L. Walker National Historic Site, Gallery5, and the Black History Museum and Cultural Center of Virginia.
While Jackson Ward is a largely residential area, it is walkable to the many restaurants, cafes, clubs, and shops of bustling Broad Street. Virginia Commonwealth University is also within walking distance of the neighborhood, making it a popular choice among students, faculty, and staff. Abner Clay Park offers residents a tranquil spot to relax and enjoy the outdoors in Jackson Ward.
Learn more about living in Jackson Ward| Colleges & Universities | Distance | ||
|---|---|---|---|
| Colleges & Universities | Distance | ||
| Walk: | 4 min | 0.2 mi | |
| Walk: | 15 min | 0.8 mi | |
| Drive: | 4 min | 1.5 mi | |
| Drive: | 17 min | 7.3 mi |
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 © 2025. All rights reserved.
Property Ratings at The Penny at Jackson Ward
Good place to move to Good place to move very clean very nice looking for other helpful I love it here
Property Manager at The Penny at Jackson Ward, Responded To This Review
Thank you so much for your kind words! We're thrilled to hear that you're enjoying your experience and loving your home here. Our team works hard to maintain a clean and welcoming community, and it means a lot to know it’s making a positive impact. If there's ever anything we can do to make your stay even better, please don’t hesitate to reach out. We're so glad you're here! Sincerely, The Penny Team
Quick and even fixed something I wasn’t aware needed fixing.
Property Manager at The Penny at Jackson Ward, Responded To This Review
Thank 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!
The tour guide was very helpful at telling us all the details and showing us around
Property Manager at The Penny at Jackson Ward, Responded To This Review
Thank 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!
I 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 at The Penny at Jackson Ward, Responded To This Review
Thank 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.
The Penny at Jackson Ward Photos
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1BR,1BA,-765SF The Ella
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Rooftop
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Kitchen
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Kitchen/Living Room
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Living Room
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The Penny at Jackson Ward has units with in‑unit washers and dryers, making laundry day simple for residents.
The Penny at Jackson Ward includes internet in rent. Residents are responsible for any other utilities not listed.
The Penny at Jackson Ward has studios to two bedrooms with rent ranges from $1,168/mo. to $3,741/mo.
Yes, The Penny at Jackson Ward welcomes pets. Breed restrictions, weight limits, and additional fees may apply. View this property's pet policy.
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 $1,168 for a studio, you would need to earn about $42,000 per year to qualify. Want to double-check your budget? Try our Rent Affordability Calculator to see how much rent fits your income and lifestyle.
The Penny at Jackson Ward is offering Specials for eligible applicants, with rental rates starting at $1,168.
Yes! The Penny at Jackson Ward offers 2 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
2 W Marshall St
Richmond, VA 23220