Monroe Ward
Neighborhood Reviews
Condos and townhouses fly off the Monroe Ward
On the grid-style streets of Monroe Ward are many well-preserved, stately buildings that have been transformed into condos and apartments. Newer apartment buildings are also plentiful, as the area has become a hot rental spot for VCU students. “Monroe Ward is really close to the VCU campus,” Waters says, “Often, students want to live right by campus but not in university housing, so this is the perfect location for them.” In Monroe Ward, homebuyers can find a renovated studio or one-bedroom condo for less than $200,000 or a newly constructed townhome with a two-car garage for $800,000. Overall list prices range between $157,000 and $1.8 million. “It’s competitive there because not a lot comes up for sale,” Waters says. “If something goes on the market that is in move-in-ready condition in that area, it will sell in a matter of a few days.”From Fox to TJ
Kids in Monroe Ward can attend William Fox Elementary, rated B-plus on Niche, before going to Binford Middle, rated C-minus, and graduating from Thomas Jefferson High, which has a B rating and is referred by locals to simply as “TJ.” The original William Fox Elementary building, located in the heart of the Fan District, is currently being rebuilt and is projected to open in 2025 with brand-new, state-of-the-art facilities. Fox Elementary students are currently attending school in the former Clark Springs Elementary, situated on Dance Street in nearby Oregon Hill. Fox Elementary receives an overall B rating on Niche and scores an A in the diversity category.Access the James River Park System
Though Monroe Ward is urban, there’s no lack of access to nature and the outdoors. Several city parks, as well as the extensive James River Park System, are all within a short walking distance. Residents enjoy an afternoon picnic and free Wi-Fi in Monroe Park, situated at the heart of the VCU campus. Established in 1851, this is Richmond’s oldest park and is now a central gathering space for the thousands of college students who walk its paths to and from class every day.For sweeping views of the James River, there’s the Potterfield Bridge on Brown’s Island. This pedestrian bridge stretches roughly one-third of a mile across the James River, linking the north and south banks and connecting to other trail systems around the James.
Lunch at Perly’s
Perly’s is a Richmond staple that is not to be missed. Located in Monroe Ward on East Grace Street, this beloved Jewish restaurant slings tasty plates of cheese blintz and Reubens that were featured on Food Network’s Diners, Drive-Ins and Dives in 2019.Necessities are always nearby; plenty of small retail shops and markets are within walking distance of Monroe Ward homes. As for restocking the pantry, two close options are the Kroger and Whole Foods on West Broad Street.
I-64 and I-95
Monroe Ward and downtown a fairly walkable areas, but Richmond is largely car-dependent. Ramps onto Interstates 64 and 95 are less than a mile down the road from Monroe Ward, making commutes and trips around the Greater Richmond Area breezy. The Greater Richmond Transit Company, or GRTC, is another convenient option for getting around. Bus stops dapple Monroe Ward’s map.
Written By
Micaela Willoughby
Video By
Alex Jacobsen
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Agents Specializing in this Area
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Ernie Chamberlain
Ernie Chamberlain
Hometown Realty
(804) 676-6939
506 Total Sales
1 in Monroe Ward
$660,000 Price
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Amy Beem
Amy Beem
Samson Properties
(804) 409-3910
69 Total Sales
1 in Monroe Ward
$146,000 Price
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Sean Stilwell
Sean Stilwell
The Steele Group
(804) 944-8104
71 Total Sales
1 in Monroe Ward
$403,000 Price
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Susan Haas; MURP
Susan Haas; MURP
Responds QuicklyHAAS Realty Group
(804) 352-2418
32 Total Sales
1 in Monroe Ward
$1,350,000 Price
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Jared Davis
Jared Davis
Responds QuicklyEXP Realty LLC
(804) 609-3964
664 Total Sales
1 in Monroe Ward
$1,400,000 Price
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Doug Dorsey
Doug Dorsey
Responds QuicklyShaheen Ruth Martin & Fonville
(804) 292-2061
41 Total Sales
1 in Monroe Ward
$1,600,000 Price
Schools
Source:
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
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Parks in this Area
Gamble's Hill Park
Monroe Park
Abner Clay Park
- Basketball
- Football
- Picnic Area
Brown's Island
- Trails
Smith Peters Park
- Basketball
- Picnic Area
- Playground
Pleasants Park
- Dog Park
- Picnic Area
- Events
Transit
Reviews
Niche Reviews
9/25/2014
Niche Review
Richmond has a certain "hipster" allure to it.
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Crime and Safety
| 1 - Low Crime, 10 - High Crime | Monroe Ward | US |
|---|---|---|
| Homicide | 5 | 4 |
| Sexual Assault | 6 | 4 |
| Assault with Weapon | 4 | 4 |
| Robbery | 7 | 4 |
| Burglary | 8 | 4 |
| Motor Vehicle Theft | 7 | 4 |
| Larceny | 7 | 4 |
| Crime Score | 6 | 4 |
Source: WhatIsMyCrimeRisk.com
Monroe Ward Demographics and Home Trends
On average, homes in Monroe Ward, Richmond sell after 248 days on the market compared to the national average of 70 days. The median sale price for homes in Monroe Ward, Richmond over the last 12 months is $409,400.
Housing Trends
Median List Price
$419,900
Median Sale Price
$409,400
Median Single Family Sale Price
$409,400
Median Change From 1st List Price
3%
Last 12 months Home Sales
10
Average Price Per Sq Ft
$174
Neighborhood Facts
Number of Homes in Neighborhood
99
Number of Homes for Sale
0
Median Year Built
2005
Months of Supply
0.00
Average Single Family Home Size Sq Ft
4,004
Significantly above the national average
1,924
Average Townhouse Size Sq Ft
2,646
Average 2 Bedroom Size Sq Ft
1,484
Average 1 Bedroom Size Sq Ft
858
Median Lot Size Sq Ft
5,662
Distribution of Home Values
Homes for Sale
Homes for Rent
-
$1,268 - $2,535 per month
- Monroe Park Towers Apartments
- Studio-3 Beds
- 1-2 Baths
- 451+ Sq Ft
- 520 W Franklin St
- Richmond, VA
-
$2,033 - $2,905 per month
- Park Plaza @ Belvidere
- 2-3 Beds
- 2-3 Baths
- 1,010+ Sq Ft
- 515 W Franklin St
- Richmond, VA
-
$1,549 - $3,049 per month
- The Loop at Midtown
- 1-3 Beds
- 1-3 Baths
- 600+ Sq Ft
- 2 W Franklin St
- Richmond, VA
Interested in learning more about homes in this area? Reach out to , an experienced agent in this neighborhood.
Average Home Value
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
3,175
Median Age
29
Population Density
24 ppl/acre
Population under 18
18%
Below the national average
23.8%
Population over 65
3.9%
Below the national average
19.1%
Finances
Median Household Income
$21,555
Significantly below the national average
$71,702
Average Household Income
$34,317
Education and Workforce
High School Graduates
84.5%
College Graduates
50%
Above the national average
34.1%
Advanced Degrees
31.4%
Above the national average
13.3%
% Population in Labor Force
64.7%
Weather
Annual Precipitation
45''
Average Winter Low Temperature
29°F
Average Summer High Temperature
89°F
Annual Snowfall
5''
Area Factors
Very Bikeable
Bike Score®
81
/ 100
Walker's Paradise
Walk Score®
95
/ 100
Good Transit
Transit Score®
62
/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Nearby Neighborhoods
Carver
An enclave that places residents right at the heart of Downtown Richmond
Downtown Richmond
Richmond’s urban center, with historic landmarks and major employers
Oregon Hill
Historically working class Richmond neighborhood bordering Hollywood Cemetery
Gilpin
Convenient urban living in Richmond’s Northside
Randolph
An established Richmond neighborhood bordering VCU and the Hollywood Cemetary
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