Zumper
modified
5+ Days Ago

Highlights

  • Controlled access
  • Luxury apartment
  • Spacious living room
  • Stackable washer and dryer

Location

230 North Sycamore Street, Petersburg, Virginia 23803, United States
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Contact

Management

Marwaha Real Estate

Leasing office

(804) 466-3118

Property Overview

Old Towne Flats offers a high-quality living experience, evidenced by its strong Zumper expert rating of 8.6 out of 10 and an impressive price rating of 10, indicating excellent value for its competitive pricing and amenities. With notable features such as controlled access and luxury apartments, the property excels in amenities and location, earning ratings of 9 out of 10, while demonstrating transparency and trustworthiness with an 8 out of 10 rating. It stands out in the market, ranking in the top percentiles for both value for money and value per square foot.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.6
Very Good
With a solid 8.6 out of 10 overall, Old Towne Flats is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Old Towne Flats has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • More space
  • Less expensive

Floor plans

700s - StudioStudio1 bath740 sqft$1,095 /mo1 unit availableOld Towne Flats. Apartment in the heart of Petersburg Downtown. The newly renovated property features one bedroom, two bedroom, studio with one bath apartment homes to those seeking an active lifestyle in a warm, self-sufficient, creatively designed environment. Our vintage buildings offer modern finishes with some of Petersburg's great history in the details. Every apartment has a spacious living room for relaxing and entertaining. Property has controlled access to the building. Professional Management and Maintenance is provided when you live at one of our properties. Stainless steel appliances in the kitchen with marble counter tops and modern light fixtures in the apartments. All of our apartments come with a stackable washer and dryer. Water/Sewer/Trash/Internet/Cable bundle is $149/mo additional. Cable/internet, trash and water service included. Reserve your apartment today! $299 one time non-refundable set up fee. $350 one time non-refundable pet fee per pet, 2 pet max. $45 per month per pet. Security Deposit is $499 up to 1-month's rent, depending on credit. Requirements: Applicant(s) make 3x the rent in monthly gross income. A credit score of 550+. Good landlord/tenant history. No outstanding utilities in collections.
500s - One Bedroom1 bed1 bath505+ sqft$925–$1,050 /mo5 units availableOld Towne Flats. Luxury Apartment in the heart of Petersburg Downtown. The newly renovated property features one-bedroom, two-bedroom, studio with one bath apartment homes to those seeking an active lifestyle in a warm, self-sufficient, creatively designed environment. Our vintage buildings offer modern finishes with some of Petersburg's great history in the detail. Every apartment has a spacious living room for relaxing and entertaining. Property has controlled access to the building. Professional Management and Maintenance are provided when you live at one of our properties. Stainless steel appliances in the kitchen with marble countertops and modern light fixtures in the apartments. All of our apartments come with a stackable washer and dryer. Reserve your apartment today! Utility Package includes water/sewer/trash/parking/internet is $149 per month. Additional Fees: $60.00 application fee per person over 18. $299.00 one-time non-refundable setup fee (due 48 hours after approval). $299.00 one-time non-refundable pet fee per pet, two pet max. $45.00 per month per pet. Security Deposit $499.00 to equivalent to 1 month’s rent dependent on credit. Also due 48 hours after approval. Requirements: Applicant(s) make 3x the rent in monthly gross income. A credit score of 550+. Good landlord/tenant history. No outstanding utilities in collections.
600s - Two Bedroom2 bed1 bath660 sqft$995 /mo1 unit availableOld Towne Flats. Luxury Apartment in the heart of Petersburg Downtown. The newly renovated property features one-bedroom, two-bedroom, studio with one bath apartment homes to those seeking an active lifestyle in a warm, self-sufficient, creatively designed environment. Our vintage buildings offer modern finishes with some of Petersburg's great history in the detail. Every apartment has a spacious living room for relaxing and entertaining. Property has controlled access to the building. Professional Management and Maintenance are provided when you live at one of our communities Stainless steel appliances in the kitchen with marble countertops and modern light fixtures in the apartments. All of our apartments come with a stackable washer and dryer. Utility Bundle includes water/sewer/trash/internet for $149 per month. $499 Security Deposit $299 one-time non-refundable setup fee. $350 one-time non-refundable pet fee per pet, 2 pet max, no weight or breed restrictions $45 per month per pet. Requirements: Applicant(s) make 3x the rent in monthly gross income. A credit score of 550+. Good landlord/tenant history. No outstanding utilities in collections.

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Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property
Building details

Property details

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About Old Towne Flats

HomeApartments in Petersburg Old Towne Flats

***$500 OFF FIRST MONTHS RENT SELECT UNITS*** Old Towne Flats. Luxury Apartment in the heart of Petersburg Downtown. The newly renovated property features one bedroom, two bedroom, studio with one bath apartment homes to those seeking an active lifestyle in a warm, self-sufficient, creatively designed environment. Our vintage buildings offer modern finishes with some of Petersburg's great history in the details. Every apartment has a spacious living room for relaxing and entertaining. Property has controlled access to the building. All of our apartments come with a stackable washer and dryer. Utility Bundle includes water, sewer, trash & internet for $149 per month. Additional Fees: $55.00 application fee per person over 18. $299.00 one-time non-refundable setup fee. $299.00 one-time non-refundable pet fee per pet, two pet max. $45.00 per month per pet. Security Deposit $499.00 to equivalent to 1 month’s rent dependent on credit. Requirements: Applicant(s) make 3x the rent in monthly gross income. A credit score of 550+. Good landlord/tenant history. No outstanding utilities in collections.


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.6
/10
Very Good
With a solid 8.6 out of 10 overall, Old Towne Flats is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Old Towne Flats has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Old Towne Flats
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Old Towne Flats offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Old Towne Flats goes above and beyond to provide sought-after conveniences and desirable perks, including building or unit level amenities. Renters looking for popular or luxurious features will find them here—and for that reason, Old Towne Flats receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Old Towne Flats is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Old Towne Flats does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

Reviews from the web

Showing 5 highest rated

Very clean. Safe area to be in

Damon Battle

Damon Battle

Feb 02, 2018

Beautiful apartment buildings in a great location inside of a historic building!

Corey W

Corey W

Sep 12, 2021

We’re sharing just 5 of many, sorted highest to lowest. Visit the Google business profile to view all reviews.

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 Old Towne Flats compares to other nearby properties.

Positives

More space
Studio is 73 sqft larger than other listings nearby
Less expensive
The 1-bedrooms are cheaper than other similar listings nearby
Less expensive
The 2-bedrooms are cheaper than other similar listings nearby

Considerations

Greater distance from middle schools
The nearest middle school is farther than 1 mile away

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Rent trends in Petersburg

Studio apartments at Old Towne Flats cost about 5% more than the average rent price for studios in Petersburg.

1-bedroom apartments here are priced 10% lower than 1-bedrooms in Petersburg.

If you decide to upgrade your space, you can expect 2-bedrooms at Old Towne Flats to be 20% less than the average for similarly sized apartments in Petersburg.

Median rents as of Dec 13 2025.
Petersburg
A table of studio rental data trends in Petersburg
MonthMedian Rent
December 2023$1,009
January 2024$1,017
February 2024$1,019
March 2024$1,019
April 2024$983
May 2024$993
August 2024$932
September 2024$996
April 2025$1,075
May 2025$1,035
June 2025$1,055
July 2025$1,003
August 2025$1,030
September 2025$1,021
October 2025$981
November 2025$947
December 2025$1,038

Affordability calculator

Can I afford to live at 230 North Sycamore Street?

Bedrooms

Rent-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

$43,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $43,800 annually to afford this studio monthly rent price of $1,095.
For more information on rent affordability, visit our rent calculator.

Schools near Old Towne Flats

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 Old Towne Flats

Getting around Petersburg near 230 North Sycamore Street

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 230 North Sycamore Street, Petersburg

Groceries

9/10
At least one grocery store within a few minutes' walk

Shopping

6/10
Variety of shops within walking distance

Cafes

5/10
Some cafés within walking distance

Restaurants

6/10
Some restaurants within walking distance

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

2/10
No high schools within a 30-minute walk

Parks

7/10
Moderate amount of park space nearby

Nightlife

1/10
Few or no bars within walking distance

Explore the area around 230 North Sycamore Street

J K Market
211 Halifax St
Halifax Supermarket
303 Halifax St
Halifax Supermarket
400 Halifax St
First Food Market
705 W Washington St
Colonial Heights Food Pantry Inc
530 Southpark Blvd

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