Community

The Penny at Jackson Ward Apartments

2 W Marshall St, Richmond, VA 23220 · Downtown / Jackson Ward

4.0

Insider

4.1

Reviews

$1,303–$4,641

Rent range

Studio–2 BD

Bedrooms

12 mo

Lease

SummaryUpdated Oct 17, 2026

LandownerSnp Development Llc

Managed byGates Hudson (#94/153)

Inspection history5 cases · 1 violation

Resident reviews

91 reviews

Mostly positive

Reddit mentions

5 mentions

Pros & cons

Responsive and helpful management staff

Fast maintenance response times

Beautiful modern apartments and finishes

Convenient location near VCU

Secure building with good amenities

Thin walls and noise between units

High parking fees and frequent garage issues

Staff turnover and inconsistent communication

Hidden fees not clearly disclosed upfront

Inconsistent maintenance response despite policies

Dealbreakers19 of 91 reviews mention an issue with

No mentions of: Roaches · Bed bugs · Rodents · Other pests · Health · Safety

Management

Gates Hudson

Rank

94/153

Properties

Individual

Top complaints

Management18%

Maintenance14%

Cleanliness12%

Fees11%

Noise7%

All properties & reviews

Location

Walk

Walker's paradise

Transit

Some transit

Bike

Very bikeable

Quiet

Some street noise

Popular nearby

Stella's Grocery - Downtown · Abner Clay Park · Mama J's Kitchen · Cafe Rustika · Holiday Inn Express Richmond - Downtown by IHG · Penny Lane Pub

All nearby places & map

Ownership

See full portfolio

Snp Development Llc

Parcels citywide

$99.1M

Assessed value

256

Eviction filings

Code violations

Inspection history

cases

1 resolved3 no violation1 otherTypically about 9 days to fix

Resident reviews

r/rvaPostu/flushyslush · 16 day(s) agoView on Reddit

potentially lost black cat with collar walking outside near penny apts on marshall

i saw a black cat with a collar walking in a yard near the penny apartments on marshall, posting as i wonder if it’s lost? i almost never see outdoor cats here in richmond, but i guess it could have been one! regardless, having a black cat outside during the month of october can be dangerous to them and just isn’t a good idea i did not get a photo unfortunately but just wanted to post

r/rva_housingCommentu/splitpeasoupsnsuch · 5 months agoView on Reddit

Richmond Rental Company Experiences 2026

… hill) and i love it! i think its mostly bc my maintenance experience was so bad that the fact that anyone comes out is a blessing to me! my friend lives @ the penny in jackson ward and likes it if you're looking for more of an apartment

r/rvaCommentu/Difficult-Drawing-79 · 5 months agoView on Reddit

A new apartment going up in Manchester is going to block Legend Brewing’s patio view :/

I would bet a lot of Richmond isn't full either. Developments like The Penny and so forth. In DC big management companies started offering short term rentals, a week, a month, and limited the year leases. This reduced the number of apartmets available and increased prices. I wonder how much of this is going on here, especially with transient students whose parents will pay.

r/rvaCommentu/[deleted] · 4 years agoView on Reddit

Rental housing prices increasing

… for along with dirt cheap property prices *in* *their view.*  Also, to address your "who is paying for these?!" Ugh, lots of people. Look at The Penny luxury apartments in Jackson Ward. It is exactly what you're talking about: $1500 for 1 bdrm apartments style. It's almost all booked up. So much so that the owner of that property is building a [12 (yes, TWELVE) story apartment in Jackson Ward with over 250+ luxury units.](https://richmondbizsense.com/2021/03/16/12-story-apartment

r/rvaCommentu/AnonElbatrop · 6 years agoView on Reddit

Apartment Tips

If you don't mind sharing, what is your current place like, why are you not renewing? In regards to looking for a place, timing will depend on what you are looking for. The apartment building styles (The Penny and The Circ are two brand new buildings) will give you tours now and will most likely let you know about availability come June, allowing you to sign a lease fairly early. Duplex style apartments in the fan do not typically start advertising until the spring for summer openings so if you

Pricing & floor plans

Updated Oct 18, 2026

No floor plan image

The Ella (E-C)

1 available

1 bd / 1 ba · 724 sqft · $2.13/sqft

$1,543–$2,577

$15

W/D in unit

The Louis (L-C)

1 available

1 bd / 1.5 ba · 894 sqft · $2.16/sqft

$1,932–$2,957

$19

W/D in unit

The Ella (E-A)

Waitlist only

1 bd / 1 ba · 726 sqft · $2.23/sqft

$1,621–$3,489

W/D in unit

The Ella (E-B)

Waitlist only

1 bd / 1 ba · 715 sqft · $2.28/sqft

$1,632–$3,777

W/D in unit

Fees & policies

Updated Oct 17, 2026

Additional fees may apply. If something has changed or is missing, please and let us know.

Limited information. Visit the property website or contact the leasing office for complete fee details.

Pet policy

No pet policy information available

Parking

No parking information available

Included utilities

No utility information available

Location & nearby

Walk

Walker's paradise

Transit

Some transit

Bike

Very bikeable

Quiet

Some street noise

Nearby

Restaurants

1Mama J's Kitchen★ 4.40.07 mi

5Lillie Pearl★ 4.60.08 mi

Cafes

10Buna Kurs Ethiopian Cafe★ 4.80.11 mi

7Lift Coffee Shop & Cafe★ 4.50.17 mi

Bars

13KOGI★ 4.40.14 mi

12GWARbar★ 4.60.19 mi

Grocery

16Stella's Grocery - Downtown★ 4.50.19 mi

18Midtown Market RVA★ 5.00.34 mi

Gyms & Fitness

23Natroganix★ 4.90.13 mi

24Puppy Yoga Richmond (Puppies Yoga)★ 5.00.13 mi

Medical

27VA Medical Center0.41 mi

26Adult Sickle Cell Disease Medical Home★ 1.00.48 mi

Parks

29Abner Clay Park★ 4.30.22 mi

30National Organ Donor Memorial★ 4.00.34 mi

Amenities

No amenity info available

Contact the property for details on amenities.

About this property

The Penny, located at 2 W Marshall Street in historic Jackson Ward, is a brand-new luxury apartment building featuring pet-friendly (some restrictions apply) 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.

Nearby in Jackson Ward

Jackson Ward

Downtown

Same block

Landmark at Marshall Broad

5 E Marshall St, Richmond, VA 23219

3.9Insider

4.1Reviews

70Quiet

98Walk

63Transit

82Bike

Studio

$1,075-$2,095

1 bed

$1,224-$3,140

2+ beds

$2,100-$2,476

16 reviews

Mixed

4 of 16 reviews mention issues withNoise · Management · Fees · Other pests · Mold · Leaks

Jackson Ward

Downtown

Same block

Marshall Adams Apartments

22 W Marshall St, Richmond, VA 23220

4.0Insider

5.0Reviews

67Quiet

98Walk

63Transit

83Bike

Rent

Not listed

2 reviews

Very positive

Jackson Ward

Downtown

0.1 mi

District Square Apartments

111 W Marshall St, Richmond, VA 23220

3.1Insider

2.1Reviews

70Quiet

98Walk

62Transit

83Bike

Studio

$1,056-$1,919

1 bed

$1,131-$2,151

2+ beds

$1,304-$2,294

29 reviews

Very negative

5 mentions

19 of 29 reviews mention issues withRoaches · Management · Safety · Maintenance · Other pests · Cleanliness · Fees · Rodents · Mold · Health · Thin walls · Parking

Jackson Ward

Downtown

0.1 mi

Washington Plaza

21 E Leigh St, Richmond, VA 23219

3.8Insider

4.0Reviews

67Quiet

96Walk

63Transit

78Bike

1 bed

$855

2+ beds

$970-$1,000

2 reviews

Mixed

Senior living

Income restricted