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. Cats allowed, Dogs allowed, Pet friendly, Accessible, Clubhouse, Coffee bar, Courtyard, Elevator, Gym, Parking, Pool, Bike storage, Garage & Internet access.
RentalSource last checked: April 22, 2026 · 6:00 AM ET
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Property Summary
Property Type:
Apartment
Rental Fee:
$1,235 - $2,385
Bedrooms:
1-2 beds
Bathrooms:
1-2 baths
Size:
Inquire
Pet Friendly:
Yes
Has Garage:
Yes
ID:
70266019
Property Amenities
• Garage
• High-Speed Internet
• Pet Friendly
• Wheelchair Access
• Washer/Dryer In Unit
Community Features
• Bike Paths
• Controlled Access
• Clubhouse
• Courtyard
• Fitness Center
• Pool
• Parking
• Storage
Unit Rates
Name
Beds
Baths
Sqft
Rent
1 Bed
1
1
-
$1,235
1 Bed
1
1
-
$1,315
The Miles (M-G)
1
1
-
$1,405
The Ella (E-C)
1
1
-
$1,500
The Ella (E-D)
1
1
-
$1,505 - $1,590
Name
Beds
Baths
Sqft
Rent
1 Bed
1
1
-
$1,235
1 Bed
1
1
-
$1,315
The Miles (M-G)
1
1
-
$1,405
The Ella (E-C)
1
1
-
$1,500
The Ella (E-D)
1
1
-
$1,505 - $1,590
The Ella Terrace
1
1
-
$2,330 - $2,385
The Louis (L-A)
2
2
-
$1,670 - $1,755
The Louis (L-B)
2
2
-
$1,785
Leasing Information
Pet fee: $300 per pet. Pet limit: 2. Pet rent: $25 per pet.
Additional Details
Apartments for rent in Richmond for $1,235-$2,385 with 1-2 beds, 1-2 baths, pet friendly and located within The Penny at Jackson Ward at 2 W Marshall St in Richmond, VA 23220. The averaged rental price of $1,810 is 13.1% ($209) higher than the average rent of $1,601 for apartments in Richmond, VA and 14.2% ($225) higher than the average rent of $1,585 for apartments in Richmond City County. This apartment is in the Richmond City Public School District and the nearest schools are George W. Carver Elementary, Binford Middle and Open High. The Penny at Jackson Ward was advertised by The Penny at Jackson Ward 6+ months ago and last updated on April 22, 2026 at 6:00 AM ET.
Affordability Calculator
Can I afford to live at 2 W Marshall St?
Bedrooms
1 bedroom
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Recommended income
$49,400 /year
With your chosen rent-to-income ratio, an annual income of $49,400 is recommended to comfortably afford this 1-bedroom rental priced at $1,235 per month.
