2 Days Ago
Highlights
- Controlled access
- Luxury apartment
- Spacious living room
- Stackable washer and dryer
Location
230 N Sycamore St, Petersburg, VA 23803, USA
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Property Overview
Old Towne Flats presents a strong overall appeal, earning a Zumper Expert Rating of 7.8 out of 10, with high scores for location (9/10) and amenities (8/10), reflecting its exceptional offerings. The property is competitively priced, boasting an 8 out of 10 for price rating, and is in the 93.75 percentile for value compared to nearby options. Notable features include controlled access, a luxury apartment style, spacious living areas, and convenient in-unit laundry.
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.
Things you’ll love
Less expensive
Floor plans
| 500s - One Bedroom | 1 bed | 1 bath | 506+ sqft | $925–$1,050 /mo | 3 units available | 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 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. |
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Policies and fees
Building details
Property details
| Units | 30 |
|---|
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About 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.
8.4
/10
Very GoodWith a solid 8.4 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.
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·8A 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.
With multiple in-demand amenities, Old Towne Flats is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
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
Feb 02, 2018
Beautiful apartment buildings in a great location inside of a historic building!
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
- Less expensive
- The 1-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
1-bedroom apartments at Old Towne Flats cost about 12% less than the average rent price for 1-bedroom apartments in Petersburg.
Median rents as of Oct 25 2025.
Petersburg
| Month | Median Rent |
|---|---|
| November 2023 | $993 |
| 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 |
Affordability calculator
Can I afford to live at 230 N Sycamore St?
Bedrooms
1 bedroomRent-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
$37,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $37,000 annually to afford this 1-bedroom monthly rent price of $925.
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 N Sycamore 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 230 N Sycamore St, 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
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