5+ Days Ago
Highlights
- Spacious living area
- Kitchen cabinet space
- Front porch
Location
704 Commerce St, Petersburg, VA 23803, USA
Tour 704 Commerce St
Contact
Berkshire Hathaway PenFed Realty
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Property management
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Property Overview
Located in a favorable market percentile for value per square foot, the property offers a spacious living area, ample kitchen cabinet space, and a welcoming front porch. It features outdoor spaces with no breed or pet restrictions, making it appealing for pet owners. The combination of these attributes creates a versatile living environment suitable for a variety of lifestyles.
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
More space
Great for
Pet owners
Amenities for 704 Commerce St
Appliances
| Microwave | Range |
| Refrigerator |
Building
| Dogs OK |
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
Dog Policy
Allowed
Limit1
Cat Policy
Not allowed
Questions about this property’s policies and fees?
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About 704 Commerce St
Welcome to this charming 2-bedroom, 1.5-bath home featuring brand-new carpet and a bright, open-concept main level. The spacious living area is filled with natural light and flows seamlessly into the kitchen, which offers abundant cabinet space and a tall island perfect for casual dining or entertaining. Enjoy relaxing outdoors on the welcoming front porch complete with built-in benches, or unwind on the fenced-in back deck. This home combines comfort and functionality in a convenient Petersburg location—don’t miss out! Close to Downtown Petersburg, Virginia State University, schools, interstates, shopping, restaurants. Application Information & Requirements No Smoking or Vaping permitted on the premises. APPLICATIONS ARE ONLY ACCEPTED THROUGH OUR WEBSITE: www penfedpropertymanagement com Qualification Standards: Income Requirement: Household income must equal at least 3 times the monthly rent, verified with the most recent pay stubs/federal tax returns. Applicants are encouraged to review our screening criteria and confirm current property availability before applying. Fees & Deposits: Application Fee: $65 per adult (non-refundable) Move-In Fee: $150 one-time Lease Administration Fee Security Deposit: Equal to one to two month’s rent Resident Benefits Package (RBP): All BHHS PenFed Realty residents are automatically enrolled in our Resident Benefits Package at $45.95 per month. This package provides exceptional value, including: Renter’s Insurance Credit Building $1M Identity Protection HVAC Air Filter Delivery (for applicable properties) Move-in Concierge Service for Utility Connection
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 704 Commerce St compares to other nearby properties.
Positives
- More space
- The 2-bedroom is 224 sqft larger than other listings nearby
Considerations
- Greater distance from high schools
- The nearest high school is farther than 3 miles away
Address details
| Zip code | 23803 |
|---|---|
| Type | House for rent |
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Rent trends in Petersburg
2-bedroom apartments at 704 Commerce St cost about 8% more than the average rent price for 2-bedroom apartments in Petersburg.
Median rents as of Nov 8 2025.
Petersburg
| Month | Median Rent |
|---|---|
| November 2023 | $1,175 |
| December 2023 | $1,054 |
| January 2024 | $997 |
| February 2024 | $1,122 |
| March 2024 | $1,198 |
| April 2024 | $1,269 |
| May 2024 | $1,355 |
| June 2024 | $1,282 |
| July 2024 | $1,397 |
| August 2024 | $1,433 |
| September 2024 | $1,402 |
| October 2024 | $1,278 |
| November 2024 | $1,243 |
| December 2024 | $1,295 |
| January 2025 | $1,339 |
| February 2025 | $1,230 |
| March 2025 | $1,278 |
| April 2025 | $1,279 |
| May 2025 | $1,236 |
| June 2025 | $1,200 |
| July 2025 | $1,206 |
| August 2025 | $1,220 |
| September 2025 | $1,220 |
| October 2025 | $1,262 |
| November 2025 | $1,280 |
Affordability calculator
Can I afford to live at 704 Commerce St?
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
$55,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $55,000 annually to afford this 2-bedrooms monthly rent price of $1,375.
For more information on rent affordability, visit our rent calculator.
Schools near 704 Commerce St
Westview Early Childhood Education Center
1100 patterson st
petersburg, VA, 23803
PKPublic
Pleasants Lane Elementary School
100 pleasants ln
petersburg, VA, 23803
K-5Public
D+
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Internet available near 704 Commerce St
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Petersburg near 704 Commerce St
Walking
5/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
4/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 704 Commerce St, Petersburg
Groceries
9/10
At least one supermarket within a 10-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
3/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
5/10
At least one elementary school within a 20-minute walk
High schools
0/10
Closest high school further than a 30-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
1/10
Few or no bars within walking distance
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