5+ Days Ago
Highlights
- Fenced-in backyard
- Flexible living space
- No smoking
- Front and back porches
Location
1209 Wallace St, Richmond, VA 23220, USA|Randolph
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Property Overview
1209 Wallace St offers a strong overall appeal with a Zumper expert rating of 8.3, underscoring its desirability for renters. The property features a fenced-in backyard, flexible living space, and porches, enjoying a top price rating of 10 for excellent value. Located conveniently near numerous restaurants, theaters, and cultural attractions, it boasts an impressive amenities score of 8 and a location rating of 9, enhancing the quality of life for residents while maintaining transparency with a trustworthiness rating of 7.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive- High school nearby
Great for
Social life
Floor plans
| 1/1 | 1 bed | 1 bath | 619 sqft | $1,150 /mo |
Let's explore this property.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Building details
Property details
| Units | 4 |
|---|
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About 1209 Wallace St
Welcome! a well-positioned 1-bed, 1-bath AVAILABLE NOW; located in the heart of Richmond’s desirable VCU/Fan District. This unit offers living space that may be used as a second bedroom, home office, or flex space, providing versatility for a variety of living arrangements. Features front and back porches and a fenced-in backyard. Conveniently located; walking distance of VCU, VCU Medical Center and other major employers; excellent access to public transportation, dining, shopping, and entertainment; Park and other city attractions are just minutes away. Walkability, and flexible living space, this property presents excellent options in one of Richmond’s most sought-after neighborhoods. Application and screening required (occupants age 18 and over). Income 3x monthly rent, credit score=(620+), and background screening to be conducted in accordance with fair housing laws. Pets are conditional with owner approval. No Smoking; rental insurance is required. Submit your application today!
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.
8.3
/10
Very GoodWith a solid 8.3 out of 10 overall, 1209 Wallace St is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 1209 Wallace St 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.
1209 Wallace 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·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, 1209 Wallace St 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.
1209 Wallace 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·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 1209 Wallace St 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.
1209 Wallace St 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.
1209 Wallace 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 1209 Wallace St compares to other nearby properties.
Positives
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- High school nearby
- There is a high school 0.5 mile away
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
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Rent trends in Randolph
1-bedroom apartments at 1209 Wallace St cost about 15% more than the average rent price for 1-bedroom apartments in Randolph.
Median rents as of Feb 28 2026.
Randolph
Richmond
| Month | Median Rent |
|---|---|
| March 2024 | $1,344 |
| April 2024 | $1,337 |
| May 2024 | $1,336 |
| June 2024 | $1,347 |
| July 2024 | $1,357 |
| August 2024 | $1,352 |
| September 2024 | $1,359 |
| October 2024 | $1,374 |
| November 2024 | $1,397 |
| December 2024 | $1,408 |
| January 2025 | $1,419 |
| February 2025 | $1,426 |
| March 2025 | $1,398 |
| April 2025 | $1,363 |
| May 2025 | $1,373 |
| June 2025 | $1,397 |
| July 2025 | $1,399 |
| August 2025 | $1,408 |
| September 2025 | $1,397 |
| October 2025 | $1,407 |
| November 2025 | $1,440 |
| December 2025 | $1,450 |
| January 2026 | $1,433 |
| February 2026 | $1,428 |
| Month | Median Rent |
|---|---|
| May 2024 | $1,149 |
| June 2024 | $1,249 |
| July 2024 | $1,232 |
| August 2024 | $1,240 |
| September 2024 | $1,236 |
| March 2025 | $1,199 |
| April 2025 | $1,274 |
| May 2025 | $1,299 |
| June 2025 | $1,299 |
| July 2025 | $1,274 |
| August 2025 | $1,274 |
| October 2025 | $1,300 |
| November 2025 | $1,098 |
| January 2026 | $1,000 |
Affordability calculator
Can I afford to live at 1209 Wallace 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
$46,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $46,000 annually to afford this 1-bedroom monthly rent price of $1,150.
For more information on rent affordability, visit our rent calculator.
Schools near 1209 Wallace St
Maymont Pre-K Center
1211 s allen ave
richmond, VA, 23220
PKPublic
Amelia Street School
1821 amelia st
richmond, VA, 23220
PK, K-12Public
Lois Harrison-Jones Elementary School
3021 maplewood ave
richmond, VA, 23221
PK, K-5Public
B
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 1209 Wallace St
Neighborhood
Randolph | Richmond, VA
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Richmond near 1209 Wallace St
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 1209 Wallace St, Richmond
Groceries
6/10
At least one supermarket within a 20-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
7/10
Variety of restaurants within a few minutes' walk
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
6/10
At least one high school within a 15-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
4/10
Some bars within a few minutes’ walk
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