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OFFER:
Half off first full month on any apartment home. Must move in by June 1st.
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Gumenick Properties
Penstock Quarter Apartments offers strong overall value, with a high expert rating, excellent scores for price and amenities, and a convenient location. It also stands out for its transparent listing, 24 photos, and features that support fitness, wellness, and social life, including patios or balconies, a fitness center, a pool or spa, and community gathering spaces.
Things you’ll love
Less expensiveElevatorImages AvailableGreat for
Wellness
Social life| S1 | Studio | 1 bath | 455 sqft | $1,451–$1,893 /mo | 4 units available | ||
| S2 | Studio | 1 bath | 455 sqft | $1,462–$1,855 /mo | 1 unit available | ||
| A2 | 1 bed | 1 bath | 610 sqft | $1,632–$2,098 /mo | 5 units available | ||
| A3 | 1 bed | 1 bath | 614 sqft | $1,652–$2,161 /mo | 3 units available | ||
| A6 | 1 bed | 1 bath | 700 sqft | $1,732–$2,151 /mo | 1 unit available | ||
| A4 | 1 bed | 1 bath | 617 sqft | $1,742–$2,172 /mo | 1 unit available | ||
| A5 | 1 bed | 1 bath | 648 sqft | $1,762–$2,158 /mo | 1 unit available | ||
| A7 | 1 bed | 1 bath | 730 sqft | $1,842–$2,360 /mo | 4 units available | ||
| B3 | 2 bed | 1 bath | 916 sqft | $1,837–$2,366 /mo | 2 units available | ||
| B1 | 2 bed | 1 bath | 902 sqft | $1,937–$2,492 /mo | 3 units available | ||
| B2 | 2 bed | 1.5 bath | 910 sqft | $2,002–$2,575 /mo | 2 units available |
Let's explore this property.
Apartment Amenities
| Balcony | Granite Countertops |
| Large Closets | Patio |
| Walk-in Closet | Window Coverings |
Appliances
| In-Unit Laundry | Stackable Washer and Dryer Included |
| Stainless Steel Appliances |
Building
| Business Center | Cats OK |
| Clubhouse | Controlled Access |
| Dogs OK | Elevator |
| Fitness Center | Onsite Laundry |
| Residents Lounge | Roof Deck |
Grounds
| Assigned Parking | Bike Racks |
| Courtyard | Garage Parking |
| Gate | Libbie Mill Dog Park |
| Outdoor Space | Pet Wash Station |
| Playground | Storage |
| Swimming Pool |
Services
| On-Site Maintenance | On-Site Management |
| Package Service | Recycling |
Per-applicant. Refund Policy: Non-refundable. Converts to portion of SD upon approval; SDs will vary based on screening results.
One-time. Refund Policy: Non-refundable.
One-time. Refundable.
Monthly. Refund Policy: Non-refundable.
Monthly. Refund Policy: Non-refundable.
Monthly. Refund Policy: Non-refundable.
One-time. Refund Policy: Non-refundable.
One-time. Refund Policy: Non-refundable. Paid after move-in on first water/sewer/trash bill.
Refund Policy: Non-refundable. May elect to opt out by obtaining own 3rd Party Policy.
Garage Parking
One-time. 2 1st pets max. Refund Policy: Non-refundable.
Monthly. Refund Policy: Non-refundable.
One-time. 2 2nd pets max. Refund Policy: Non-refundable.
Monthly. Refund Policy: Non-refundable.
One-time. 2 pets max. Refund Policy: Non-refundable.
One-time. Refund Policy: Non-refundable.
Questions about this property’s policies and fees?
| Units | 327 |
|---|
Penstock Quarter Apartments has options for immediate move ins! The leasing office is located on the first floor of the apartment community at 5001 Libbie Mill East Blvd, Suite 120. The apartments - ranging in size from 455 to 1,265 square feet - will include a mix of studio, one-, two- and three-bedroom homes, all with private balconies or terraces. The first floor of the community offers approximately 40,000 square feet of retail space - where your next favorite restaurant or shopping destination will be.
How Penstock Quarter Apartments compares to other nearby properties.
Positives
Considerations
Studio apartments at Penstock Quarter Apartments cost about 12% more than the average rent price for studios in Richmond.
1-bedroom apartments here are priced 23% higher than 1-bedrooms in Richmond.
If you decide to upgrade your space, you can expect 2-bedrooms at Penstock Quarter Apartments to be 17% more than the average for similarly sized apartments in Richmond.
| Month | Median Rent |
|---|---|
| September 2024 | $1,256 |
| 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 | $1,274 |
| September 2026 | $1,295 |
Can I afford to live at 5001 Libbie Mill East Blvd #Suite 120?
Bedrooms
Rent-to-income ratio
30%
$58,260/yr
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