SPACIOUS 3BR/2BA CLOSE TO VCU PARKING DECK! 1242 PARKWOOD AVE.

📍 1242 Parkwood Avenue, Richmond, VA 23220

📋 Property Overview

This home in The Fan, Richmond, Virginia comes with 4 bd / 2 ba. Interior space is 1581 sq ft. Monthly rent is $1,975. Inside, the home includes dishwasher, hardwood floors and patio / balcony. Shared amenities include on-site laundry, parking, cats allowed and pet friendly. Pets are allowed (cats). The standard lease term is 12 months. Availability: Available now. With a Walk Score of 90, most errands can be done on foot. Transit Score is 49. Rent sits 16% above the area median ($1,700).

🚶 Getting Around

• Walk Score90/100

  Very Walkable

• Transit Score49/100

  Some Transit

💵 Costs & Lease

Deposit

$1,975

Lease length

12 months

Units available

1 unit

Amounts are as published by the source and may change. Confirm before applying.

📐 Floor Plan Details

• 4BR/2BA4 bd · 2 baNone available right now
• 3BR/2BA3 bd · 2 ba · 1,581 sq ft$1,9751 unit available

🧾 Move-in Costs & Lease

Security deposit

$1,975

Lease length

12 months

Available

Available now

Application fee

$60 per applicant, paid to RivoRent

Property amounts are as published by the source and may change. Confirm before applying. The application fee is RivoRent's own and is the same on every listing.

🛡️ Renters Insurance — Estimated Cost

Based on what Virginia renters actually paid: NAIC industry data for 2023 (average HO-4 premium, 717,775 policy-years), adjusted to July 2026 with the U.S. Bureau of Labor Statistics tenants' insurance index. It is a market average, not a price for this building and not a price for you.

Your own price depends most on your credit-based insurance score, your claims history and which carrier you choose. In published Ohio figures the same coverage ranges from $127 a year at excellent credit to $933 at poor credit. We do not ask for any of that, so we cannot narrow this for you.

✅ Who Qualifies

Must have 3x the rent in total household income from all funding sources (before taxes)

🐾 Pets

Pets

Allowed

Types

Cats

Limit

1 pet

✨ Features & Details

• Pet Friendly
• On-site laundry
• Patio / balcony
• Hardwood floors
• Dishwasher
• Cats allowed
• Parking
• 1581 sq ft

📊 Property Facts

Walk Score

90 · Very Walkable

Transit Score

49 · Some Transit

🎓 Nearby Schools

• Binford Middle School · 6-82/10 · 0.4 mi
• Open High School · 9-1210/10 · 0.6 mi
• George W. Carver Elementary School · PK-51/10 · 0.9 mi
• William Fox Elementary School · PK-56/10 · 0.9 mi
• John B. Cary Elementary School · PK-56/10 · 1.4 mi
• Albert Hill Middle School · 6-84/10 · 1.8 mi
• Martin Luther King Jr. Middle School · 6-82/10 · 2.0 mi
• Blackwell Elementary School · PK-52/10 · 2.0 mi
• Patrick Henry School Of Science And Arts · K-53/10 · 2.0 mi
• Bellevue Elementary School · PK-54/10 · 2.2 mi

🏡 Floor Plans