55 Minutes 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 compelling combination of features and amenities, earning a Zumper Expert Rating of 7.7 out of 10. With a strong price rating of 8 and an impressive amenities rating of 8, it provides great value and an excellent standard of living. The location stands out with a score of 9, ensuring easy access to a vibrant social life, including numerous theaters, museums, and dining options within walking distance, alongside trusted property management practices.
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
Floor plans
| 1/1 | 1 bed | 1 bath | 619 sqft | $1,150 /mo |
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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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.
7.7
/10
Very Good1209 Wallace St 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.
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, 1209 Wallace St is a great option for renters looking for apartments in Randolph. 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, 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.
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 Jan 17 2026.
Randolph
Richmond
| Month | Median Rent |
|---|---|
| February 2024 | $1,329 |
| March 2024 | $1,346 |
| 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 | $1,443 |
| 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
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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
Explore the area around 1209 Wallace St
Lombardy Market
201 N Lombardy St
Market Place Holdings
1301 W Broad St
Shields Market
206 N Shields Ave
Kroger
901 N Lombardy St
Whole Foods Market
2024 W Broad St
Family Dollar
1903 W Main St
Tom James
406 W Franklin St
Rumors
723 W Broad St
Blue Sage Bridal LLC
20 E Main St
Verdalina
325 W Broad St
Greenbriar Cafe & Coffeehouse
1211 W Main St
Starbucks
1115 W Main St
Lamp Lighter
26 N Morris St
Rostov's Coffee & Tea
1618 W Main St
Starbucks
901 Park Ave
Get Tight Lounge
1104 W Main St
Beauvine Burger Concept
1501 W Main St
T T Lounge Inc
705 W Cary St
Home Team Grill
1630 W Main St
Celladora Wines
111B N Lombardy St
Einstein Bros Bagels
810 Cathedral Pl
Sunflower Gardenz
1810 Powhatan St
Roots Natural Kitchen
939 W Grace St
Mo's Sweet Minis
902 W Broad St
Pies & Cakes Bakery
701 W Clay St
Clarke Springs Park
Petronus Jones Park
Oregon Hill Park
Monroe Park
Gimbles Hill Park
Crazy Thai
1100 W Cary St
Little Mexico
1328 W Cary St
Kokonut Grill
1201 W Main St
Greenbriar Cafe & Coffeehouse
1211 W Main St
City Dogs
1309 W Main St
Harrison / Idlewood
Cary / Maymont
Harrison / Grayland
Cary / Maymont
Idlewood / Randolph
Cary / Maymont
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