Updated 12 Hours Ago
Highlights
- Modern apartment living
- Premium finishes
- Thoughtfully designed apartment homes
Location
9 S Market St, Petersburg, VA 23803, USA
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Property Overview
The Lofts on Market Street offers modern apartment living with premium finishes and thoughtfully designed homes, paired with a strong overall Zumper Expert Rating of 8.6 out of 10. It stands out for excellent value, top-tier amenities and location scores, and a high trustworthiness rating, while also ranking well for price-to-value and being near a top-rated middle school.
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- Middle school nearby
- Elevator
Floor plans
| 600s - One Bedroom | 1 bed | 1 bath | 650+ sqft | $995–$1,195 /mo | 8 units available | Welcome to The Lofts at Market Street — modern apartment living designed with comfort, convenience, and style in mind. Located at 9 S Market Street in the heart of Petersburg, VA, this unique community offers thoughtfully designed apartment homes featuring premium finishes and contemporary details that stand out from other rental options in the area. Residents enjoy a variety of desirable features and amenities, including vaulted ceilings, spacious closets, ground-floor and wheelchair-accessible apartment homes, and access to a 24/7 fitness center. Every detail has been carefully selected to create a comfortable and functional living experience. Conveniently located near downtown Petersburg’s shopping, dining, and entertainment, The Lofts at Market Street places you close to everything you need while offering a welcoming place to call home. Water, sewer, and trash services are included in a convenient $99 monthly utility fee. Additional Fees: • $60 application fee per applicant over 18 • $299 one-time non-refundable setup fee • $299 one-time non-refundable pet fee per pet (1 pet maximum) • $50 monthly pet rent per pet • $499 security deposit Rental Requirements: • Household income must equal at least 3x the monthly rent • Minimum credit score of 550 • Positive landlord/tenant history required • No outstanding utility collections |
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Amenities for The Lofts on Market Street
Apartment Amenities
| Trash | Water |
Building
| Controlled Access | Elevator |
| Fitness Center | Sewer |
Services
| On-Site Maintenance | Online Services |
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 | 23 |
|---|
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About The Lofts on Market Street
Welcome to The Lofts at Market Street — modern apartment living designed with comfort, convenience, and style in mind. Located at 9 S Market Street in the heart of Petersburg, VA, this unique community offers thoughtfully designed apartment homes featuring premium finishes and contemporary details that stand out from other rental options in the area. Residents enjoy a variety of desirable features and amenities, including vaulted ceilings, spacious closets, ground-floor and wheelchair-accessible apartment homes, and access to a 24/7 fitness center. Every detail has been carefully selected to create a comfortable and functional living experience. Conveniently located near downtown Petersburg’s shopping, dining, and entertainment, The Lofts at Market Street places you close to everything you need while offering a welcoming place to call home. Water, sewer, and trash services are included in a convenient $99 monthly utility fee. Additional Fees: • $60 application fee per applicant over 18 • $299 one-time non-refundable setup fee • $299 one-time non-refundable pet fee per pet (1 pet maximum) • $50 monthly pet rent per pet • $499 security deposit Rental Requirements: • Household income must equal at least 3x the monthly rent • Minimum credit score of 600 • Positive landlord/tenant history required • No outstanding utility 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.
8.6
/10
Very GoodWith a solid 8.6 out of 10 overall, The Lofts on Market Street is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, The Lofts on Market Street 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.
The Lofts on Market Street 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.
The Lofts on Market Street goes above and beyond to provide sought-after conveniences and desirable perks, including controlled access. Renters looking for popular or luxurious features will find them here—and for that reason, The Lofts on Market Street 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.
The Lofts on Market 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 The Lofts on Market 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·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.
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 The Lofts on Market Street compares to other nearby properties.
Positives
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- Middle school nearby
- There is a middle school 1 mile away
- Elevator
- Improved accessibility features
Considerations
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Petersburg
1-bedroom apartments at The Lofts on Market Street cost about 12% less than the average rent price for 1-bedroom apartments in Petersburg.
Median rents as of Sep 12 2026.
Petersburg
| Month | Median Rent |
|---|---|
| September 2024 | $998 |
| 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 | $947 |
| December 2025 | $1,019 |
| January 2026 | $889 |
| February 2026 | $810 |
| March 2026 | $980 |
| April 2026 | $1,059 |
| May 2026 | $1,081 |
| June 2026 | $1,154 |
| July 2026 | $1,160 |
| August 2026 | $842 |
| September 2026 | $329 |
Affordability calculator
Can I afford to live at 9 S Market 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
$39,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $39,800 annually to afford this 1-bedroom monthly rent price of $995.
For more information on rent affordability, visit our rent calculator.
Schools near The Lofts on Market 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+
Battle Drive Child Development Center
10620 battle dr
fort lee, VA, 23801
PKPublic
Chester Early Childhood Learning Academy
155501 harrogate rd
chester, VA, 23831
PKPublic
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Internet available near The Lofts on Market Street
Getting around Petersburg near 9 S Market St
Walking
5/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
3/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
4/10
There are a few mass transit options within the area.
Points of interest for 9 S Market St, Petersburg
Groceries
8/10
Wide variety of groceries within a few minutes' walk
Shopping
6/10
Variety of shops within a short drive
Cafes
2/10
Some cafés within a short drive
Restaurants
6/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
1/10
Closest high school further than a 30-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
4/10
Some bars within a short drive
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