Updated 16 Hours Ago
Highlights
- Off street parking
- Big living room
- Extra closet
Location
518 W Grace St, Richmond, VA 23220, USA|Monroe Ward
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Property Overview
518 W. Grace St. offers strong value with a 9.2 Zumper expert rating, pairing competitive pricing with standout location, amenities, quality, and trustworthiness scores. It also includes off-street parking, a big living room, and extra closet space, and is noted as great for fitness and wellness as well as social life, with abundant parks, gyms, restaurants, and nearby entertainment options.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Great for” are based on our internal analyses of market trends and renter insights.
Great for
Social life
Wellness
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | $1,195 /mo | 1 unit available | FEATURES - Hardwood Floors and Ceiling Fans Throughout - Appliances Gas Range Refrigerator Window A/C Unit (1) - Charming Archway off the Living Room - Gas Heat/Window A/C - Big Living Room -Huge Bedroom - Off Street Parking $125 per month -Tons of Natural Light - Extra Closets - In the Heart of VCU!! - Convenient to Shops and Restaurants - Bus Stop and Parks in Walking Distance CALL 804.643.9011 TODAY TO SCHEDULE AN APPOINTMENT TO SEE THIS HOME. FOR PROPERTIES THAT ARE APPLIED FOR BY VIEWING PHOTOS AND/OR A VIRTUAL TOUR ONLY, YOU WILL BE REQUIRED TO SIGN AN ADDENDUM DUE TO NOT VIEWING THE PROPERTY IN PERSON $50.00 Application Fee (Per person 18 yrs old & older) $125.00 One time, non-refundable Lease Signing Admin Fee **All information deemed reliable, but not guaranteed* **Applicants understand that Pollard and Bagby are an Owner and Manager of some properties. These properties are notated accordingly** |
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Amenities for 518 W. Grace St.*
Apartment Amenities
| Air Conditioning | Trash |
| Water | Window A/C Unit |
Appliances
| Gas Range | Range |
| Refrigerator |
Building
| Sewer |
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.
Contact Property
Building details
Property details
| Units | 10 |
|---|
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About 518 W. Grace St.*
FEATURES - Hardwood Floors and Ceiling Fans Throughout - Appliances Gas Range Refrigerator Window A/C Unit (1) - Charming Archway off the Living Room - Gas Heat/Window A/C - Big Living Room -Huge Bedroom - Off Street Parking $125 per month -Tons of Natural Light - Extra Closets - In the Heart of VCU!! - Convenient to Shops and Restaurants - Bus Stop and Parks in Walking Distance CALL 804.643.9011 TODAY TO SCHEDULE AN APPOINTMENT TO SEE THIS HOME. FOR PROPERTIES THAT ARE APPLIED FOR BY VIEWING PHOTOS AND/OR A VIRTUAL TOUR ONLY, YOU WILL BE REQUIRED TO SIGN AN ADDENDUM DUE TO NOT VIEWING THE PROPERTY IN PERSON $50.00 Application Fee (Per person 18 yrs old & older) $125.00 One time, non-refundable Lease Signing Admin Fee **All information deemed reliable, but not guaranteed* **Applicants understand that Pollard and Bagby are an Owner and Manager of some properties. These properties are notated accordingly**
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.
9.2
/10
Excellent518 W. Grace St.* is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.
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.
518 W. Grace St.* 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.
518 W. Grace St.* goes above and beyond to provide sought-after conveniences and desirable perks, including sewer. Renters looking for popular or luxurious features will find them here—and for that reason, 518 W. Grace St.* 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.
518 W. Grace St.* 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·9A 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.
518 W. Grace St.* has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
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.
518 W. Grace St.* is great for:
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 518 W. Grace St.* compares to other nearby properties.
Considerations
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Monroe Ward
1-bedroom apartments at 518 W. Grace St.* cost about 10% less than the average rent price for 1-bedroom apartments in Monroe Ward.
Median rents as of Aug 8 2026.
Monroe Ward
Richmond
| Month | Median Rent |
|---|---|
| August 2024 | $1,235 |
| September 2024 | $1,241 |
| October 2024 | $1,284 |
| November 2024 | $1,297 |
| December 2024 | $1,320 |
| January 2025 | $1,303 |
| February 2025 | $1,288 |
| March 2025 | $1,268 |
| April 2025 | $1,255 |
| May 2025 | $1,248 |
| June 2025 | $1,270 |
| July 2025 | $1,250 |
| August 2025 | $1,252 |
| September 2025 | $1,284 |
| October 2025 | $1,296 |
| November 2025 | $1,285 |
| December 2025 | $1,272 |
| January 2026 | $1,250 |
| February 2026 | $1,230 |
| March 2026 | $1,250 |
| April 2026 | $1,276 |
| May 2026 | $1,282 |
| June 2026 | $1,252 |
| July 2026 | $1,210 |
| August 2026 | $1,248 |
| Month | Median Rent |
|---|---|
| April 2025 | $1,155 |
| May 2025 | $1,155 |
| July 2025 | $1,252 |
| August 2025 | $1,286 |
| September 2025 | $1,200 |
| October 2025 | $1,156 |
| November 2025 | $1,100 |
| December 2025 | $1,100 |
| February 2026 | $1,299 |
| May 2026 | $1,198 |
| June 2026 | $1,195 |
| July 2026 | $1,195 |
| August 2026 | $1,195 |
Affordability calculator
Can I afford to live at 518 W Grace 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
$47,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $47,800 annually to afford this 1-bedroom monthly rent price of $1,195.
For more information on rent affordability, visit our rent calculator.
Schools near 518 W. Grace St.*
William Fox Elementary School
2300 hanover ave
richmond, VA, 23220
PK, K-5Public
B+
Maymont Pre-K Center
1211 s allen ave
richmond, VA, 23220
PKPublic
Amelia Street School
1821 amelia st
richmond, VA, 23220
PK, K-12Public
Martin Luther King Jr. Early Learning Center
900 mosby st
richmond, VA, 23223
PKPublic
Summer Hill Preschool Center
2717 alexander ave
richmond, VA, 23234
PKPublic
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Internet available near 518 W. Grace St.*
Getting around Richmond near 518 W Grace St
Walking
8/10
No car? No problem. Everything you need is within a few blocks.
Driving
6/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
6/10
Frequent public transit options are within walking distance.
Points of interest for 518 W Grace St, Richmond
Groceries
7/10
At least one supermarket within a 15-minute walk
Shopping
4/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
8/10
Variety of restaurants within a few minutes' walk
Primary schools
8/10
At least one elementary school within a 15-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
6/10
Several bars within a few minutes’ walk
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