Zumper
modified
2 Hours Ago

Highlights

  • Pet Friendly
  • Dedicated staff
  • Beautifully landscaped grounds
  • Welcoming community
  • Nearby shopping

Location

607-703 Commerce Street, Petersburg, Virginia 23803, United States
Hi! Let’s figure out if this property is right for you.

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Tour Commerce Street

Contact

Management

Franklin Group Companies

Leasing office

(844) 336-1255 ext. 4295

Open today 

9:00 am–5:00 pm ET

Property Overview

Commerce Street is a competitively priced property with a solid Zumper Expert Rating of 7.7, reflecting strong value for renters due to its prime location and impressive amenities. With a location rating of 9 out of 10, residents enjoy convenient access to shopping, schools, and transportation. Notable features include dedicated staff and beautifully landscaped grounds, contributing to a welcoming community ambiance.

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

7.7
Very Good
Commerce Street is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.

Things you’ll love

  • Less expensive
  • Elementary school nearby

Floor plans

2BR2 bed1 bath825 sqft$900 /mo3 units available

Let's explore this property.

Amenities for Commerce Street

Building

Cats OKDogs 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

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time.

$500

OPTIONAL FEES

Dog Policy

Allowed
Limit2
Breed restrictionsYes

We welcome 2 pets per apartment home. Please call the leasing office for complete pet policy information.

Cat Policy

Allowed
Limit2

Cat

Pet Rent

Monthly. 2 cats max.

$25

Pet Fee

One-time fee per pet.

$300

Dog

Pet Rent

Monthly. 2 dogs max.

$25

Pet Fee

One-time fee per pet.

$300

Questions about this property’s policies and fees?

Building details

Property details

Units63
Lease terms12 months
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About Commerce Street

HomeApartments in Petersburg Commerce Street

At Commerce Street Townhomes, we do more than rent apartments; we foster a welcoming community. From the moment you enter, you’ll feel the comfort and security that makes our residents proud to call us home. Enjoy cutting-edge amenities, beautifully landscaped grounds, and a dedicated staff committed to enhancing your living experience. With convenient shopping, top-rated schools, local museums, and parks nearby, plus sponsored activities to help you connect with neighbors, you’ll discover a higher standard of living in Petersburg County’s 23803 ZIP Code.


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.
7.7
/10
Very Good
Commerce Street is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
How we rated Commerce Street
Price·8A 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.
Scoring a 8/10, Commerce Street is a great option for renters looking for apartments in this neighborhood. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
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, Commerce Street 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.
Commerce Street 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 Commerce Street does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A 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.
Commerce Street provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking 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 Commerce Street compares to other nearby properties.

Positives

Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
Elementary school nearby
There is an elementary school 1 mile away

Considerations

Greater distance from high schools
The nearest high school is farther than 3 miles away
Lacks images
Fewer than 10 photos available for this location

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Rent trends in Petersburg

2-bedroom apartments at Commerce Street cost about 30% less than the average rent price for 2-bedroom apartments in Petersburg.

Median rents as of Nov 15 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$912

Affordability calculator

Can I afford to live at 607-703 Commerce Street?

Bedrooms

2 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

$36,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $36,000 annually to afford this 2-bedrooms monthly rent price of $900.
For more information on rent affordability, visit our rent calculator.

Schools near Commerce Street

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 Commerce Street

Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Petersburg near 607-703 Commerce 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 607-703 Commerce Street, Petersburg

Groceries

8/10
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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By sending this inquiry, I accept Zumper's Terms and Conditions, Privacy Policy, and Community Values. By providing my phone number, I consent (not a condition of purchase) to be called and texted by Commerce Street.