Zumper
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Updated 2 Days Ago

Highlights

  • Hardwood floors
  • Spacious rooms
  • Cozy apartments

Location

505 16th St Nw, Charlottesville, VA 22903, USA|Venable
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Contact

Management

BMC Property Management

Leasing office

(434) 977-6400

Property Overview

Apartments near UVA! earns a strong overall impression with an 8.3 expert rating, backed by excellent amenities, a great location, and solid value for the price. It also stands out for hardwood floors, spacious rooms, and cozy apartments, along with nearby dining, mixed-use spaces, and useful photo coverage that help give renters a clear sense of the property.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.3
Very Good
With a solid 8.3 out of 10 overall, Apartments near UVA! is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Apartments near UVA! has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Less expensive
  • Elementary school nearby
  • High school nearby

Great for

  • Social life

Floor plans

4BR/2.0BA4 bed2 bath1,156 sqft$3,250 /mo1 unit availableNestled under the trees, James Madison Apartments are located in the heart of Rugby Neighborhood. Walkable to UVA, Dairy Market and 1.5 miles from The Downtown Mall; this apartment features hardwood floors, spacious rooms with abundant light throughout and a private balcony! Rent Includes: Ting Fiber Internet, Water/Sewer, Trash Removal, on site Washer/Dryer Facility LIMITED AVAILABILITY! Schedule a tour today, 434-266-9886. *Photos may not be of the exact unit that is available.

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Amenities for Apartments near UVA!

Apartment Amenities

BalconyBuilt-In Wet Bar
Private Balcony

Appliances

DishwasherOven
Oven/StoveRange
Refrigerator

Building

Onsite Laundry

Grounds

Assigned Parking
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

Parking Policy

Assigned Parking

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

Building details

Property details

Units7

About Apartments near UVA!

HomeApartments in CharlottesvilleVenable Apartments near UVA!

Nestled under the trees, James Madison Apartments are located in the heart of Rugby Neighborhood. Walkable to UVA, Dairy Market and 1.5 miles from The Downtown Mall! These cozy apartments feature hardwood floors, spacious rooms and abundant light throughout!


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.
8.3
/10
Very Good
With a solid 8.3 out of 10 overall, Apartments near UVA! is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Apartments near UVA! has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
How we rated Apartments near UVA!
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, Apartments near UVA! is a great option for renters looking for apartments in Venable. 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·10A 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.
Apartments near UVA! stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks, making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Apartments near UVA! 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 Apartments near UVA! 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.

Apartments near UVA! is great for:

Social life

  • 164 restaurants within 1 mile of this property
  • A bustling neighborhood
  • 225 mixed-use spaces nearby
  • Diverse age groups live in this area

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 Apartments near UVA! compares to other nearby properties.

Positives

Less expensive
The 4-bedrooms are cheaper than other similar listings nearby
Elementary school nearby
There is an elementary school 0.2 miles away
High school nearby
There is a high school 1.6 miles away
Balcony
Easy access to the outdoors
Eco-friendly trash disposal
This property has recycling pickup
Images Available
There are at least 10 photos of this property
Laundry available on site
Washers and dryers are available in-building

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Rent trends in Venable

4-bedroom apartments at Apartments near UVA! cost about 23% less than the average rent price for 4-bedroom apartments in Venable.

Median rents as of Oct 24 2026.
Venable
Charlottesville
A table of studio rental data trends in Charlottesville
MonthMedian Rent
November 2024$2,106
December 2024$2,083
January 2025$2,047
February 2025$1,983
March 2025$1,975
April 2025$1,855
May 2025$1,763
June 2025$1,669
July 2025$1,638
August 2025$1,772
September 2025$1,697
October 2025$1,436
November 2025$1,609
December 2025$1,840
January 2026$1,676
February 2026$1,684
March 2026$1,631
April 2026$1,537
May 2026$1,495
June 2026$1,500
July 2026$1,481
August 2026$1,394
September 2026$1,437
October 2026$1,493
A table of studio rental data trends in Venable
MonthMedian Rent
September 2026$1,675
October 2026$1,665

Affordability calculator

Can I afford to live at 505 16th St Nw?

Bedrooms

4+ bedrooms

Rent-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

$130,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $130,000 annually to afford this 4-bedrooms monthly rent price of $3,250.
For more information on rent affordability, visit our rent calculator.

Schools near Apartments near UVA!

Venable Elementary School

406 14th st nw

charlottesville, VA, 22903

PK, K-4Public
B
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Getting around Charlottesville near 505 16th St Nw

Walking

7/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

6/10
This area is accessible to thoroughfares and has ample parking options.

Cycling

6/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

2/10
There are a few mass transit options within the area.

Points of interest for 505 16th St Nw, Charlottesville

Groceries

8/10
Wide variety of groceries within a short drive, including some within walking distance

Shopping

8/10
Wide variety of shops within a short drive, including some within walking distance

Cafes

8/10
Wide variety of cafés within a short drive, including some within walking distance

Restaurants

8/10
Wide variety of restaurants within a short drive, including some within walking distance

Primary schools

10/10
At least one elementary school within a 5-minute walk

High schools

7/10
At least one high school within a 15-minute walk

Nightlife

7/10
Wide variety of bars within a short drive, including some within walking distance

Explore the area around 505 16th St Nw

Integral Yoga Natural Foods
923 Preston Ave
Reid Super-Save Market
600 Preston Ave
MCL Corp
2121 Ivy Rd
Harris Teeter
975 Emmet St N
Greenberry's Coffee
1049 Emmet St N

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