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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 stands out as a strong value, with an 8.8 expert rating, top scores for price and amenities, and a 9 for location. It also offers 24 photos, ranks well for value for money, and is noted for social life, work-from-home convenience, and fitness and wellness with on-site spaces, a gym, a pool or spa, and patios or balconies.
Things you’ll love
Less expensiveElevatorImages AvailableGreat for
Work-from-home
Social life
Wellness| S1 | Studio | 1 bath | 455 sqft | $1,466–$1,858 /mo | 4 units available | ||
| S5 | Studio | 1 bath | 484 sqft | $1,490–$1,879 /mo | 1 unit available | ||
| A2 | 1 bed | 1 bath | 610 sqft | $1,739–$2,227 /mo | 4 units available | ||
| A3 | 1 bed | 1 bath | 614 sqft | $1,769–$2,375 /mo | 3 units available | ||
| A6 | 1 bed | 1 bath | 700 sqft | $1,839–$2,287 /mo | 1 unit available | ||
| A4 | 1 bed | 1 bath | 617 sqft | $1,854–$2,425 /mo | 1 unit available | ||
| A5 | 1 bed | 1 bath | 648 sqft | $1,869–$2,454 /mo | 3 units available | ||
| A7 | 1 bed | 1 bath | 730 sqft | $1,949–$2,622 /mo | 5 units available | ||
| B3 | 2 bed | 1 bath | 916 sqft | $2,139–$2,804 /mo | 2 units available | ||
| B1 | 2 bed | 1 bath | 902 sqft | $2,239–$2,882 /mo | 1 unit available | ||
| B2 | 2 bed | 1.5 bath | 910 sqft | $2,289–$2,964 /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 cost $1,466–$2,964 per month. A couple amenities for this apartment building include but are not limited to: outdoor space and swimming pool. 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 82% more expensive per month.Other apartment buildings in or around Richmond include but are not limited to: 4500 Bassett Avenue, 946 Sledd Street, 201 E Broad St, 728 E Main St
How Penstock Quarter Apartments compares to other nearby properties.
Positives
Considerations
Studio apartments at Penstock Quarter Apartments cost about 20% more than the average rent price for studios in Richmond.
1-bedroom apartments here are priced 31% higher than 1-bedrooms in Richmond.
If you decide to upgrade your space, you can expect 2-bedrooms at Penstock Quarter Apartments to be 37% more than the average for similarly sized apartments in Richmond.
| Month | Median Rent |
|---|---|
| August 2024 | $1,248 |
| 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 | $1,282 |
| June 2026 | $1,252 |
| July 2026 | $1,210 |
| August 2026 | $1,230 |
Can I afford to live at 5001 Libbie Mill East Blvd #Suite 120?
Bedrooms
Rent-to-income ratio
30%
$59,120/yr
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1–2 Beds
$1,456–$2,702
1000 Artistry Dr
1–2 Beds
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