The Loop At Midtown

📍 2 W Franklin Street, Richmond, VA 23220

📋 Property Overview

1 bd, 1 ba rental in Monroe Ward, Richmond, Virginia. Interior space is 529 sq ft. Rents run from $1,185 to $3,065 a month. The unit features walk in closets, stainless steel, granite counters and in unit laundry. The building offers dogs allowed, pool, E-payments and parking. There are 36 units in total. Pets are allowed (dogs and cats), with pet rent of $30. The standard lease term is 12 months. Availability: Available now. With a Walk Score of 98, most errands can be done on foot. Transit Score is 63.

🚶 Getting Around

• Walk Score98/100

  Walker's Paradise

• Transit Score63/100

  Good Transit

💵 Costs & Lease

Deposit

$180

Lease length

12 months

Units available

87 units

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

📐 Floor Plan Details

• 1X1 B1 bd · 1 ba · 740 sq ftNone available right now
• 2X12 bd · 1 ba · 843 sq ftNone available right now
• 2X2 A2 bd · 2 ba · 797 sq ftNone available right now
• 2X2 C2 bd · 2 ba · 881 sq ftNone available right now
• 3X2 Loft3 bd · 2 ba · 1,329 sq ftNone available right now

🧾 Move-in Costs & Lease

Security deposit

$180

Lease length

12 months

Also available

3, 10, 11, 13, 14 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)

📋 Screening Criteria

What this property looks at when reviewing an application.

Evictions on record

Case by case

🐾 Pets

Pets

Allowed

Types

Dogs, Cats

Pet rent

$30

One-time pet fee

$300

Limit

2 pets

✨ Features & Details

• Pet Friendly
• In unit laundry
• Granite counters
• Hardwood floors
• 24hr maintenance
• Parking
• Ceiling fan
• Range
• Recently renovated
• Stainless steel
• Walk in closets
• Elevator
• Dogs allowed
• Cats allowed
• Pool
• Gym
• CC payments
• E-payments
• Online portal
• 624 sq ft
• 600 sq ft
• 865 sq ft
• 900 sq ft
• 1000 sq ft
• 1200 sq ft
• 548 sq ft
• 540 sq ft
• 622 sq ft
• 1056 sq ft
• 1078 sq ft
• 771 sq ft
• 754 sq ft
• 881 sq ft
• 921 sq ft
• 924 sq ft
• 936 sq ft
• 904 sq ft
• 975 sq ft
• 529 sq ft
• 571 sq ft
• 572 sq ft
• 651 sq ft
• 687 sq ft
• 699 sq ft
• 667 sq ft
• 765 sq ft
• 732 sq ft
• 885 sq ft
• 1075 sq ft

📊 Property Facts

Walk Score

98 · Walker's Paradise

Transit Score

63 · Good Transit

🏡 Floor Plans