7 E Franklin St #1, Richmond, VA 23219
Property image
Property image
FOR RENT
PET FRIENDLY

$1,550/mo

  • 1 Bed
  • 1 Bath
  • 987 sqft

7 E Franklin St #1, Richmond, VA 23219

Monroe Ward
Verified
Price may not include required fees and charges.
Cost and fees breakdown

Home Highlights

Apartment
1 Parking Spaces
Dogs & Cats Allowed
Dishwasher
Washer, Dryer
$1,550 deposit
Forced Air, Central & Central Air

Local Information

  • Map ViewExplore the area around 7 E Franklin St #1.
  • Schools1 Preschool School2 Elementary Schools2 Middle Schools2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

About this House

ALL Utilities INCLUDED + FREE WiFi (Electric Separate)

Located in the heart of downtown Richmond, a freshly remodeled 1 bedroom, 1 bathroom apartment featuring exposed historic brick, brand new appliances, updated finishes, and a one-of-a-kind layout full of character. Plus, enjoy access to a redesigned shared courtyard space with lounge seating, grill area, and ambient lighting coming soon.

Positioned in a prime location, you'll enjoy close proximity to dining, shopping, and entertainment, all while living in one of Richmond's most vibrant areas. With its fresh renovation and unbeatable setting, this apartment is move-in ready and ideal for those seeking convenience and character in the city.

Virtual Tour Link

3D Tour Link

The Real Property Management Richmond Metro Resident Benefit Package is designed to provide convenience, professional services, and cost savings to our residents. By applying, Resident(s) agree to be automatically enrolled in the program and agrees to pay an additional $45 per month, payable with rent.

This program includes:
- HVAC filter delivery every 90 days, which will help you save up to 15% on monthly heating & cooling bills (where applicable)
- $1M Identity Protection, coverage backed by AIG
- 24/7 online maintenance reporting aimed at making reporting those pesky maintenance issues easy and timely
- Home buying assistance for when the time is right to buy your "forever" home
- Access to your account and documents through our easy-to-use online portal with One-click payment options to stay up to date on rent, utilities, and more
- Credit reporting to help boost your credit score with timely rent payments!
-Resident Rewards Program, receive gift cards, and exclusive discounts when you pay rent on time
- Utility concierge services to help make sure you get the best value on your utilities and conveniently activate utility, cable, and internet services
- Vetted Vender Network, everyone who services your home is screened for insurance, licensing, and professionalism for the job

Applications are processed first come, first serve. We only process completed applications. We consider an application complete when all persons planning to live in the home have applied. We will continue to show the property until we have a signed Lease.

Non-refundable $60 application fee for all applicants 18 or older to apply and $250 lease administration fee due at lease signing. Pets considered on a case-by-case basis. If you have a pet, you will be required to pay a non-refundable $250.00 Pet Administration Fee per pet due at Lease signing. Security Deposit alternative offered. In addition to this fee, you will also have monthly pet admin fees per pet. (5 Paws - $25.00/month, 4 Paws - $30.00/month, 3 Paws - $40.00/month, 2 Paws - $50.00/month, 1 Paw - $75.00/month). THIS IS A REQUIRED PART OF THE APPLICATION PROCESS FOR ALL APPLICANTS.
Real Property Management - Richmond Metro adheres to all fair housing laws and regulations.

By submitting your information on this page you consent to being contacted by the Property Manager and RentEngine via SMS, phone, or email.
Contact this Building
Property Website
(804) 634-4643

Details for 7 E Franklin St #1

Interior Features

Heating & Cooling
Heating: Central, Electric, Forced AirAir ConditioningHeating Fuel: Central
Appliances & Utilities
DishwasherDryerRefrigeratorWasher
Levels, Entrance, & Accessibility
Floors: Hardwood

Days on Market

Days on Market: 9 days on Trulia

Property Information

Property Type / Style
Property Type: Apartment

Rental Terms, Policies & Fees

Lease Term: 1 YearCats, small dogs allowedDeposit: $1,550

Exterior Features

Parking & Garage
Parking: Street Parking
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Costs and Fees

Required monthly rent & fees
  • Base rent
    $1,550/mo
Required one-time fees
  • Security deposit
    $1,550
  • Application fee
    $60
  • 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.
See more

Rental Market Trends in Monroe Ward

Last updated Sep 2026
Trulia Rent Estimate$1,263/mo
Average rent
$1.35K
$141MoM
Available listings
41
View rental market trends in Richmond, VA

Around this home

Neighborhood Overview

Monroe Ward
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Monroe Ward

  • Trulia User
    "there are buses everywhere there is traffic in the traffic times there is parking but you have to pay in see areas "
    0
    Flag
  • Hblantonpohl
    "Not tons of green space but is dog friendly. Close to the river and Monroe Park for folks to walk to easily. Some owners don’t clean up but there are plenty of trash cans for waste. "
    0
    Flag
  • Chanel G.
    "This is a college area full of undergraduate students. Not suitable for kids. I have lived here for three years and I have not seen a school bus come down my street at all"
    1
    Flag
  • Caseyk785
    "The people that live in the city are very passionate about their community & sticking together and coming together to help one another out. "
    1
    Flag
  • Natasha D. A.
    "I walk to and from both VCU campuses but I am also close to the GRTC Pulse system (which helps when I don't want to walk)."
    0
    Flag
  • Crystal
    "We have merchants, vendors and artists displays on the First Friday of every month AKA "First Fridays". The Christmas Parade can be viewed comfortably from my living room windows. It's the heart of the Arts District! "
    1
    Flag
  • Pamrunac
    "I love the convenience of city living and all the restaurants and activities in the area all year round."
    3
    Flag

Local Legal Protections

LGBTQ • Source of Income

Price and Tax history

DateEventPrice
Aug 27, 2026
Source: Zillow Rentals
Listed For Rent
$1,550
Aug 10, 2026
Source: Zillow Rentals
ListingRemoved
$1,550
Jun 24, 2026
Source: Zillow Rentals
PriceChange
$1,550
Price decreased by 11%
Jun 10, 2026
Source: Zillow Rentals
PriceChange
$1,750
Price decreased by 5%
May 27, 2026
Source: Zillow Rentals
Listed For Rent
$1,850
Real Property Management Richmond Metro
RPM Richmond Metro
Phone Number: 804-634-4643

Frequently asked questions about 7 E Franklin St #1

  • What income do you need to rent 7 E Franklin St #1?
    Most landlords look for monthly gross income of about 3× rent, or roughly $55K per year to rent 7 E Franklin St #1 in Richmond, VA at $1,550/mo.
  • What is the pet policy at 7 E Franklin St #1?
    7 E Franklin St #1 in Richmond, VA allows cats and small dogs.
  • What's the average rent in Monroe Ward?
    The average rent in Monroe Ward is $1,695 per month.
  • How does the rent for 7 E Franklin St #1 compare to similar 1-bedroom apartments in Monroe Ward?
    7 E Franklin St #1 in Richmond, VA rents about 13% above the area average for 1-bedroom apartments in Monroe Ward ($1,367/mo).
  • Does 7 E Franklin St #1 have laundry facilities?
    Yes, 7 E Franklin St #1 in Richmond, VA has in-unit laundry.
  • Does 7 E Franklin St #1 have parking?
    Yes, 7 E Franklin St #1 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
$55,800 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.

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7 E Franklin St #1, Richmond, VA is a 1 bedroom, 1 bathroom, 987 sqft apartment. 7 E Franklin St #1 is located in Monroe Ward, Richmond. 7 E Franklin St #1 was listed for rent for $1,550/month on Aug 27, 2026. This property is pet friendly.