5+ Days Ago
Highlights
- Granite counter tops
- Designer cabinets
- Open concept
- Centrally located
- Custom design kitchen
- Tile back splash
Location
516 N 3rd St #B, Richmond, VA 23219, USA|City Center
Tour 516 N 3rd St #B
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Property Overview
Stylish interiors with an open-concept layout, granite countertops, designer cabinets, custom kitchen design, and tile backsplash pair with a central location to create strong overall value, ranking in the 83rd percentile for value for money. Extensive nearby dining, cultural, and entertainment options, plus numerous parks and event venues within a mile, make it especially appealing for an active social life, while abundant listing photos help provide a clear sense of the space.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Middle school nearby- Less expensive
- Images Available
Great for
Social life
Amenities for 516 N 3rd St #B, City Center
Apartment Amenities
| 2 Floors | Central Air |
| Hardwood Floor |
Appliances
| Dishwasher |
Grounds
| Outdoor Space |
Other
| Heat Pump Heating |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 516 N 3rd St #B
Sweet deal!
This listing is 13% below the median price for 2 bedroom apartments in City Center.
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 © 2026 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.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 516 N 3rd St #B compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 0.3 mile away
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- Images Available
- There are at least 10 photos of this address
- Outdoor space
- Easy access to the outdoors
Address details
| Neighborhood | City Center |
|---|---|
| Zip code | 23219 |
| Type | Apartment for rent |
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Rent trends in City Center
2-bedroom apartments at 516 N 3rd St #B cost about 13% less than the average rent price for 2-bedroom apartments in Richmond.
Median rents as of Apr 18 2026.
City Center
Richmond
| Month | Median Rent |
|---|---|
| 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 |
| January 2026 | $1,583 |
| February 2026 | $1,595 |
| March 2026 | $1,650 |
| April 2026 | $1,641 |
| Month | Median Rent |
|---|---|
| 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 | $1,925 |
| January 2026 | $1,880 |
| February 2026 | $1,842 |
| March 2026 | $1,822 |
| April 2026 | $1,758 |
Affordability calculator
Can I afford to live at 516 N 3rd St #B?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$62,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $62,000 annually to afford this 2-bedrooms monthly rent price of $1,550.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 10 months ago | $1,850 |
Schools near 516 N 3rd St #B
George W. Carver Elementary School
1110 w leigh st
richmond, VA, 23220
PK, K-5Public
C-
Martin Luther King Jr. Early Learning Center
900 mosby st
richmond, VA, 23223
PKPublic
Maymont Pre-K Center
1211 s allen ave
richmond, VA, 23220
PKPublic
Amelia Street School
1821 amelia st
richmond, VA, 23220
PK, K-12Public
Summer Hill Preschool Center
2717 alexander ave
richmond, VA, 23234
PKPublic
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Internet available near 516 N 3rd St #B
Getting around Richmond near 516 N 3rd St #B
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
6/10
Popular public transit options are just a short walk from this location.
Points of interest for 516 N 3rd St #B, Richmond
Groceries
6/10
At least one supermarket within a 20-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
7/10
Variety of restaurants within a few minutes' walk
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
9/10
At least one high school within a 5-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
5/10
Some bars within a few minutes’ walk
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