The Bakery
1715 E Grace St,
Richmond, VA 23223
$1,350 - $2,050 | 1-2 Beds
Just east of Richmond's bustling downtown lies Shockoe Bottom, one of the city's most historic and eclectic neighborhoods. Hugging the shores of the James River, Shockoe Bottom mixes classic architecture with modern conveniences and a spirited energy. Stately brownstones house new businesses, while residents inhabit modern lofts previously used as industrial warehouses. Shockoe Bottom rentals also include luxury apartments in modern buildings and longstanding townhomes.
Aside from a bustling retail and restaurant industry, Shockoe Bottom boasts spectacular views. A stroll along the Canal Walk affords residents and visitors alike unexpected views of the river rapids in an urban setting. The Virginia Capital Trail runs through the community, serving as a perfect location for some jogging or recreational biking.
As of March 2025, the average apartment rent in Shockoe Bottom is $1,180 for a studio, $1,407 for one bedroom, $1,734 for two bedrooms, and $2,291 for three bedrooms. Apartment rent in Shockoe Bottom has increased by 3.2% in the past year.
Studio
541 sq ft
Average Sq Ft
$1,180/month
Average Rent
1 BR
718 sq ft
Average Sq Ft
$1,407/month
Average Rent
2 BR
993 sq ft
Average Sq Ft
$1,734/month
Average Rent
3 BR
1,481 sq ft
Average Sq Ft
$2,291/month
Average Rent
Walker's Paradise
out of 100 WalkScore® Rating
Lace up your walking shoes because this area is considered a walker’s paradise.
Good Transit
out of 100 TransitScore® Rating
The area around this property has good transit with many nearby transportation options.
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Niche User
9 years and 7 months ago•Niche Review
It's on the up and up. I think it'll be awesome in the next 10 years.
Niche User
10 years and 7 months ago•Niche Review
Mostly affluent bussiness type, or students. People are very nice, but everyone works very hard so nt enough time always for socializing.
Niche User
10 years and 7 months ago•Niche Review
It's Shockoe Bottom, so very progressive. I see it advancing inthe furure and becoming a spot where more and more folks will want to live. Maybe not where you want to raise kids, however, because the city schools aren't where they need to be.
Niche User
10 years and 7 months ago•Niche Review
There's a gym and rooftop pool in my apartment building which gives us easy access to a healthy lifestyle. We alsobwalk to restaurants, and there is a hospital in walking distance.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.