316 E Grace St #201, Richmond, VA 23219
Property image
Property image
FOR RENT
PET FRIENDLY

$1,999/mo

Original price: $2,099
  • 3 Beds
  • 3 Baths
  • 1,146 sqft

316 E Grace St #201, Richmond, VA 23219

City Center
Cost and fees breakdown
Price may not include required fees and charges.

Home Highlights

Apartment
Dogs & Cats Allowed
Dishwasher
Laundry
Air Conditioning

Local Information

  • Map ViewExplore the area around 316 E Grace St #201.
  • Schools1 Preschool School2 Elementary Schools2 Middle Schools2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

About this House

Live in the heart of Downtown Richmond on Grace Street's restaurant row. Enjoy a short walk or bike ride to VCU/MCV, the Canal Walk, Belle Isle, and plenty of bike trails, or enjoy some of the best restaurants in the city.These apartments, completely renovated in 2018, boast tall loft-like ceilings, hardwood or concrete floors, and gorgeous kitchens with stainless steel appliances.

Details for 316 E Grace St #201

Property Information

Property Type / Style
Property Type: Apartment

Rental Terms, Policies & Fees

Lease Term: 12 monthsCats, small dogs allowed

Interior Features

Appliances & Utilities
DishwasherRefrigerator
Heating & Cooling
Air Conditioning

Exterior Features

Parking & Garage
Parking: Street Parking

Additional Information

Gated
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Costs and Fees

Required monthly rent & fees
  • Base rent
    $1,999/mo
Required one-time fees
  • Security deposit
    Contact for details
  • Application fee
    Contact for details
  • Administrative fee
    Contact for details
Pricing is subject to change. All calculations are estimates and provided for informational purposes only. Actual amounts may include additional mandatory or optional fees. Please consult the community manager for a complete breakdown of all rental costs.
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Rental Market Trends in City Center

Last updated Sep 2026
Trulia Rent Estimate$2,438/mo
Average rent
$1.5K
$96MoM
Available listings
28
View rental market trends in Richmond, VA

Around this home

Neighborhood Overview

City Center
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about City Center

At least 24 Trulia users voted on each feature.

  • 88 % Say there are sidewalks

  • 84 % Say it's dog friendly

  • 79 % Say it's walkable to restaurants

  • 67 % Say there's holiday spirit

  • 60 % Say streets are well-lit

  • 59 % Say car is needed

  • 54 % Say people would walk alone at night

  • 47 % Say yards are well-kept

  • 46 % Say parking is easy

  • 40 % Say neighbors are friendly

  • 40 % Say it's quiet

  • 39 % Say they plan to stay for at least 5 years

  • 38 % Say it's walkable to grocery stores

  • 30 % Say kids play outside

  • 21 % Say there are community events

  • 19 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Lhrpierced6
    "It’s definitely a neighborhood to grow and accommodate your family. Generally a very quiet area that flies under the radar with little to no drama"
    0
    Flag
  • Trulia User
    "Festivals and concerts on the James river lots of restaurants and parks nearby safe walkable neighborhoods."
    1
    Flag
  • Trulia User
    "Parking is the absolute worst and there are no close gas stations or grocery stores. Parking is expensive as well. "
    0
    Flag
  • Trulia User
    "Not many families but very friendly neighbors. Urban environment. Clean streets and well lit. Not much street parking. "
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    Flag

Local Legal Protections

LGBTQ • Source of Income

Price and Tax history

DateEventPrice
Sep 2, 2026
Source: Zillow Rentals
PriceChange
$1,999
Price decreased by 5%
Jul 24, 2026
Source: Zillow Rentals
PriceChange
$2,099
Price decreased by 5%
Feb 21, 2026
Source: Zillow Rentals
Listed For Rent
$2,199
Apr 27, 2025
Source: Zillow Rentals
ListingRemoved
$2,119
Nov 21, 2024
Source: Zillow Rentals
Listed For Rent
$2,119
Legend Property Group
Leasing Agent

Frequently asked questions about 316 E Grace St #201

  • What income do you need to rent 316 E Grace St #201?
    Most landlords look for monthly gross income of about 3× rent, or roughly $70K per year to rent 316 E Grace St #201 in Richmond, VA at $1,999/mo.
  • What is the pet policy at 316 E Grace St #201?
    316 E Grace St #201 in Richmond, VA allows cats and small dogs.
  • What's the average rent in City Center?
    The average rent in City Center is $1,699 per month.
  • How does the rent for 316 E Grace St #201 compare to similar 3-bedroom apartments in City Center?
    316 E Grace St #201 in Richmond, VA rents about 6% below the area average for 3-bedroom apartments in City Center ($2,128/mo).
  • Does 316 E Grace St #201 have parking?
    Yes, 316 E Grace St #201 in Richmond, VA has on-site parking.

Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
$71,964 PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.

New Rentals Nearby

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316 E Grace St #201, Richmond, VA is a 3 bedroom, 3 bathroom, 1,146 sqft apartment. 316 E Grace St #201 is located in City Center, Richmond. 316 E Grace St #201 was listed for rent for $1,999/month on Feb 21, 2026. This property is pet friendly.