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Gumenick Properties
Penstock Quarter Apartments is a highly rated community (8.8/10 overall) with exceptional scores for price and amenities, offering strong value and an elevated standard of living. Residents benefit from a convenient location near key destinations, transparent and detailed property information, and extensive photo coverage to preview the homes. It is especially appealing for fitness and wellness as well as an active social life, with nearby sports facilities, on-site pool and gym, walkable surroundings, and shared community spaces.
Things you’ll love
Less expensiveElevatorImages AvailableGreat for
Wellness
Social life| S1 | Studio | 1 bath | 455 sqft | $1,425–$1,830 /mo | 6 units available | ||
| S5 | Studio | 1 bath | 484 sqft | $1,445–$1,815 /mo | 2 units available | ||
| A2 | 1 bed | 1 bath | 610 sqft | $1,523–$2,055 /mo | 10 units available | ||
| A3 | 1 bed | 1 bath | 614 sqft | $1,704–$2,066 /mo | 1 unit available | ||
| A6 | 1 bed | 1 bath | 700 sqft | $1,736–$2,105 /mo | 1 unit available | ||
| A7 | 1 bed | 1 bath | 730 sqft | $1,743–$2,325 /mo | 3 units available | ||
| A4 | 1 bed | 1 bath | 617 sqft | $1,746–$2,115 /mo | 1 unit available | ||
| A5 | 1 bed | 1 bath | 648 sqft | $1,784–$2,188 /mo | 1 unit available | ||
| B3 | 2 bed | 1 bath | 916 sqft | $2,070–$2,795 /mo | 2 units available | ||
| B1 | 2 bed | 1 bath | 902 sqft | $2,180–$2,950 /mo | 2 units available | ||
| B2 | 2 bed | 1.5 bath | 910 sqft | $2,195–$2,798 /mo | 1 unit 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
Monthly. 2 cats max. We have NO breed or weight restrictions! First pet $400 One Time Fee and $35 per month. Second pet $200 additional One Time Fee and $10 additional per month. | Restrictions: None.
One-time fee per pet.
Monthly. 2 dogs max. We have NO breed or weight restrictions! First pet $400 One Time Fee and $35 per month. Second pet $200 additional One Time Fee and $10 additional per month. | Restrictions: None.
One-time fee per pet.
Questions about this property’s policies and fees?
| Units | 327 |
|---|
Penstock Quarter Apartments cost $1,425–$2,950 per month. A couple amenities for this apartment building include but are not limited to: on-site laundry and residents lounge. Located at 5001 Libbie Mill East Blvd #Suite 120, Richmond, VA 23230, USA, Penstock Quarter Apartments has studio — 2 bedroom units available. Based on the average rent price of 2 bedrooms in Richmond, renting an apartment at Penstock Quarter Apartments is 79% more expensive per month.Other apartment buildings in or around Richmond include but are not limited to: 1000 Artistry Dr, 946 Sledd Street, 728 E Main St, 219 E Broad St
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 20% higher than 1-bedrooms in Richmond.
If you decide to upgrade your space, you can expect 2-bedrooms at Penstock Quarter Apartments to be 30% more than the average for similarly sized apartments in Richmond.
| Month | Median Rent |
|---|---|
| May 2024 | $1,273 |
| June 2024 | $1,253 |
| July 2024 | $1,256 |
| August 2024 | $1,246 |
| September 2024 | $1,241 |
| 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 | $1,278 |
Can I afford to live at 5001 Libbie Mill East Blvd #Suite 120?
Bedrooms
Rent-to-income ratio
30%
$57,400/yr
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$1,482–$3,416
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$1,989–$3,179
Old Town Manchester • 700 Stockton St
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$1,096–$2,725
Green Park • 2921 Woodcliff Ave
2 Beds
$1,037–$1,986
Manchester • 901 Mcdonough St
1–2 Beds
$1,482–$3,416
Sherwood Park • 3200 Brook Rd
1–3 Beds
$1,989–$3,179
Old Town Manchester • 700 Stockton St
1–3 Beds
$1,273–$1,710
Capitol District • 700 E Franklin St
Studio–3 Beds
$1,096–$2,725
