Highlights
- Granite counter tops
- Designer cabinets
- Open concept
- Centrally located
- Custom design kitchen
- Tile back splash
Nearby rentals
Renter hub
Property management
Featuring granite countertops and designer cabinets, the open-concept layout enhances the custom-designed kitchen, making it a standout space. Centrally located, the property offers easy access to 45 parks, 119 cultural venues, and 314 dining options within a mile, promoting an active social life. Additionally, it benefits from being close to a top-rated middle school and includes ample visual representation with 14 photos for prospective renters.
Things you’ll love
Great for
Apartment Amenities
| 2 Floors | Central Air |
| Hardwood Floor |
Appliances
| Dishwasher |
Grounds
| Outdoor Space |
Other
| Heat Pump Heating |
One-time.
One-time. Refundable.

Property Status: Active Downtown living at it's finest! This newly renovated four unit building (868 square feet per unit) has all the bells and whistles! Centrally located to MCV, VCU, downtown Richmond, and is within walking distance to many of Richmond's attractions. Each of the four units have been completely gutted and renovated with new electrical, plumbing, and HVAC. The Custom design kitchen offers an open concept to the family room with long bar top, designer cabinets, granite counter tops, tile back splash, and stainless steal appliances. Combined with the newly sanded and refinished hardwood floors thought out and the luxury renovated bathroom with tiled shower... It will be hard to say "No". Two equally sized bedrooms with closets. Currently offering the second floor units with a rear deck and future front deck. Bonus... there is a fenced in common rear yard to enjoy those beautiful summer days. Office Phone: (804) 641-4110 Copyright © 2025 Central Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
How 516 North 3rd Street #3 compares to other nearby properties.
Positives
| Neighborhood | City Center |
|---|---|
| Zip code | 23219 |
| Type | Apartment for rent |
2-bedroom apartments at 516 North 3rd Street #3 cost about 20% less than the average rent price for 2-bedroom apartments in Richmond.
| Month | Median Rent |
|---|---|
| December 2023 | $1,545 |
| January 2024 | $1,579 |
| February 2024 | $1,585 |
| March 2024 | $1,596 |
| April 2024 | $1,597 |
| May 2024 | $1,611 |
| June 2024 | $1,601 |
| July 2024 | $1,604 |
| August 2024 | $1,594 |
| September 2024 | $1,595 |
| October 2024 | $1,595 |
| November 2024 | $1,623 |
| December 2024 | $1,646 |
| January 2025 | $1,624 |
| February 2025 | $1,602 |
| March 2025 | $1,593 |
| April 2025 | $1,598 |
| May 2025 | $1,606 |
| June 2025 | $1,641 |
| July 2025 | $1,605 |
| August 2025 | $1,624 |
| September 2025 | $1,562 |
| October 2025 | $1,549 |
| November 2025 | $1,543 |
| December 2025 | $1,549 |
| Month | Median Rent |
|---|---|
| December 2023 | $1,950 |
| January 2024 | $1,949 |
| February 2024 | $1,650 |
| March 2024 | $1,733 |
| April 2024 | $1,692 |
| May 2024 | $1,630 |
| June 2024 | $1,703 |
| July 2024 | $1,934 |
| August 2024 | $1,943 |
| September 2024 | $1,965 |
| October 2024 | $1,962 |
| November 2024 | $1,957 |
| December 2024 | $1,945 |
| January 2025 | $1,947 |
| February 2025 | $1,937 |
| March 2025 | $1,889 |
| April 2025 | $1,886 |
| May 2025 | $1,876 |
| June 2025 | $1,890 |
| July 2025 | $1,886 |
| August 2025 | $1,881 |
| September 2025 | $1,923 |
| October 2025 | $1,926 |
| November 2025 | $1,935 |
| December 2025 | $1,931 |
Can I afford to live at 516 North 3rd Street #3?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$62,000/yr
| 6 months ago | $1,850 |
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