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501 Orleans stands out as an attractive rental option with an impressive Zumper rating of 8.5, reflecting its excellent balance of price, value, and amenities. Residents can enjoy notable features such as a private balcony, rooftop lounge, and on-site parking within a prime location offering easy access to public transport and various community spaces. The property excels in its amenities and locale, making it ideal for diverse lifestyles including work-from-home setups and social activities.
Things you’ll love
More spaceMiddle school nearbyDishwasherGreat for
Pet owners
Social life
Work-from-home| 1BR/1.0BA | 1 bed | 1 bath | 650+ sqft | $1,650–$1,700 /mo | 21 units available | Brand-New Modern Luxury Living Coming Soon to Rockets Landing – Enjoy Stunning Views of the Richmond Skyline! Welcome to 501 Orleans Street, where contemporary comfort meets the vibrant energy of Richmond’s iconic Rockets Landing community. Enjoy stylish interiors, premium amenities, and the perfect blend of convenience and relaxation—all just minutes from Downtown and the scenic James River. Prime Location – Convenience at Your Doorstep: Located in one of Richmond’s most desirable neighborhoods, you’ll enjoy easy access to the Capital Trail, local dining, breweries, and the James River waterfront. Apartment Features: ✔ Private Balcony – Unwind with stunning city and river views ✔ Washer & Dryer – In-unit convenience at your fingertips ✔ Fully Equipped Kitchen – Includes microwave, dishwasher, stove/oven, and refrigerator ✔ Spacious Layout – Designed for comfort, light, and easy living Community Amenities: ✔ Rooftop Lounge – Soak in panoramic skyline and river views ✔ On-Site Gym – Stay active without leaving the building ✔ Meeting Room & Co-Working Spaces – Perfect for work-from-home professionals ✔ Controlled Access – Added peace of mind and security ✔ Off Street Parking! ONE SPOT INCLUDED IN RENT! Utilities & Fees: ★ Trash, and gas – Billed back through RUBS (no setup needed!) ★ Water & sewer – Billed back by a third party through separate metering (no setup needed!) ★ Electric and internet – To be set up and transferred to resident’s name ★ In Person & Virtual showings available! ★ Apply now at www joinpeakpm com Additional Details: ✔ Tenant Benefit Package - $38/month (mandatory) ✔ Pets accepted on a case-by-case basis (screening required) ✔ $195 Lease Administration Fee due at signing ✔ Application fee is non-refundable For a seamless rental experience, please review our Tenant Fee Schedule under the Tenant Resources tab on our website before applying to understand all potential fees. All information is deemed reliable but not guaranteed. ➔ Schedule your tour today! | |
| 2BR/2.0BA | 2 bed | 2 bath | 850+ sqft | $2,100–$2,395 /mo | 5 units available | Brand-New Modern Luxury Living Coming Soon to Rockets Landing – Enjoy Stunning Views of the Richmond Skyline! Welcome to 501 Orleans Street, where contemporary comfort meets the vibrant energy of Richmond’s iconic Rockets Landing community. Enjoy stylish interiors, premium amenities, and the perfect blend of convenience and relaxation—all just minutes from Downtown and the scenic James River. Prime Location – Convenience at Your Doorstep: Located in one of Richmond’s most desirable neighborhoods, you’ll enjoy easy access to the Capital Trail, local dining, breweries, and the James River waterfront. Apartment Features: ✔ Private Balcony – Unwind with stunning city and river views ✔ Washer & Dryer – In-unit convenience at your fingertips ✔ Fully Equipped Kitchen – Includes microwave, dishwasher, stove/oven, and refrigerator ✔ Spacious Layout – Designed for comfort, light, and easy living Community Amenities: ✔ Rooftop Lounge – Soak in panoramic skyline and river views ✔ On-Site Gym – Stay active without leaving the building ✔ Meeting Room & Co-Working Spaces – Perfect for work-from-home professionals ✔ Controlled Access – Added peace of mind and security ✔ Off Street Parking! ONE SPOT INCLUDED IN RENT! Utilities & Fees: ★ Trash, and gas – Billed back through RUBS (no setup needed!) ★ Water & sewer – Billed back by a third party through separate metering (no setup needed!) ★ Electric and internet – To be set up and transferred to resident’s name ★ In Person & Virtual showings available! ★ Apply now at www joinpeakpm com Additional Details: ✔ Tenant Benefit Package - $38/month (mandatory) ✔ Pets accepted on a case-by-case basis (screening required) ✔ $195 Lease Administration Fee due at signing ✔ Application fee is non-refundable For a seamless rental experience, please review our Tenant Fee Schedule under the Tenant Resources tab on our website before applying to understand all potential fees. All information is deemed reliable but not guaranteed. ➔ Schedule your tour today! |
Let's explore this property.
Apartment Amenities
| Balcony |
Appliances
| Dishwasher | In-Unit Laundry |
| Microwave | Oven |
| Range | Refrigerator |
| Stove/Oven | Washer and Dryer |
Building
| Cats OK | Controlled Access |
| Dogs OK | Fitness Center |
| Onsite Gym | Residents Lounge |
| Rooftop Lounge |
Grounds
| Assigned Parking |
Neighborhood
| Meeting Room |
One-time.
One-time. Refundable.
Assigned Parking
Questions about this property’s policies and fees?
| Units | 27 |
|---|
Brand-New Modern Luxury Living Coming Soon to Rockets Landing – Enjoy Stunning Views of the Richmond Skyline! Welcome to 501 Orleans Street, where contemporary comfort meets the vibrant energy of Richmond’s iconic Rockets Landing community. Enjoy stylish interiors, premium amenities, and the perfect blend of convenience and relaxation—all just minutes from Downtown and the scenic James River. Prime Location – Convenience at Your Doorstep: Located in one of Richmond’s most desirable neighborhoods, you’ll enjoy easy access to the Capital Trail, local dining, breweries, and the James River waterfront. Apartment Features: ✔ Private Balcony – Unwind with stunning city and river views ✔ Washer & Dryer – In-unit convenience at your fingertips ✔ Fully Equipped Kitchen – Includes microwave, dishwasher, stove/oven, and refrigerator ✔ Spacious Layout – Designed for comfort, light, and easy living Community Amenities: ✔ Rooftop Lounge – Soak in panoramic skyline and river views ✔ On-Site Gym – Stay active without leaving the building ✔ Meeting Room & Co-Working Spaces – Perfect for work-from-home professionals ✔ Controlled Access – Added peace of mind and security ✔ Off Street Parking! ONE SPOT INCLUDED IN RENT! Utilities & Fees: ★ Trash, and gas – Billed back through RUBS (no setup needed!) ★ Water & sewer – Billed back by a third party through separate metering (no setup needed!) ★ Electric and internet – To be set up and transferred to resident’s name ★ In Person & Virtual showings available! ★ Apply now at www joinpeakpm com Additional Details: ✔ Tenant Benefit Package - $38/month (mandatory) ✔ Pets accepted on a case-by-case basis (screening required) ✔ $195 Lease Administration Fee due at signing ✔ Application fee is non-refundable For a seamless rental experience, please review our Tenant Fee Schedule under the Tenant Resources tab on our website before applying to understand all potential fees. All information is deemed reliable but not guaranteed. ➔ Schedule your tour today!
How 501 Orleans compares to other nearby properties.
Positives
Considerations
1-bedroom apartments here are priced 28% higher than 1-bedrooms in Shockoe Bottom.
If you decide to upgrade your space, you can expect 2-bedrooms at 501 Orleans to be 33% more than the average for similarly sized apartments in Shockoe Bottom.
| Month | Median Rent |
|---|---|
| December 2023 | $1,235 |
| January 2024 | $1,248 |
| February 2024 | $1,239 |
| March 2024 | $1,216 |
| April 2024 | $1,238 |
| May 2024 | $1,265 |
| June 2024 | $1,253 |
| July 2024 | $1,256 |
| August 2024 | $1,246 |
| September 2024 | $1,241 |
| October 2024 | $1,284 |
| November 2024 | $1,297 |
| December 2024 | $1,320 |
| January 2025 | $1,303 |
| February 2025 | $1,288 |
| March 2025 | $1,268 |
| April 2025 | $1,255 |
| May 2025 | $1,248 |
| June 2025 | $1,270 |
| July 2025 | $1,250 |
| August 2025 | $1,252 |
| September 2025 | $1,284 |
| October 2025 | $1,296 |
| November 2025 | $1,285 |
| December 2025 | $1,250 |
| Month | Median Rent |
|---|---|
| December 2023 | $1,129 |
| January 2024 | $1,129 |
| February 2024 | $1,129 |
| March 2024 | $1,177 |
| April 2024 | $1,123 |
| June 2024 | $1,055 |
| July 2024 | $1,055 |
| August 2024 | $1,055 |
| February 2025 | $1,075 |
| March 2025 | $1,104 |
| April 2025 | $1,055 |
| May 2025 | $1,055 |
Can I afford to live at 501 Orleans Street?
Bedrooms
Rent-to-income ratio
30%
$66,000/yr
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Jackson Ward • 2 West Marshall Street
Studio–2 Beds
$1,142–$3,622
Monroe Ward • 17 West Broad Street
Studio–3 Beds
$1,051–$4,227
Manchester • 901 Mcdonough Street
1–2 Beds
$1,375–$2,032
City Center • 629 East Main Street
Studio–1 Bed
$1,297–$1,788
Old Town Manchester • 21 East 4th Street
Studio–2 Beds
$1,279–$2,697
