Best Affordable Neighborhoods in Alexandria, VA
Some of the cheapest neighborhoods in Alexandria are Montebello Condominiums, Beverly Hills, and Arlandria. These neighborhoods offer some of the lowest rent prices in Alexandria, making them ideal for renters on a budget. As of February 5, 2026, the average rent in Alexandria is $2,002, which is 2.3% lower than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Montebello Condominiums
Average Rent
$1,571/Month
TransitScore® Rating
0/100
Units Available
36 Rentals
When you’re looking for a great Alexandria neighborhood on a budget, check out Montebello Condominiums. The average rent is $1,571, compared to the city average of $2,002. Montebello Condominiums is convenient to GWU, Foggy Bottom, George Washington Memorial Parkway/Dyke Marsh Wildlife Preserve, and NOVA, Medical Edu. Campus. The community is car-dependent with a WalkScore® of 18.
Beverly Hills
Average Rent
$1,614/Month
Year-Over-Year Rent Change
18.8%
TransitScore® Rating
52/100
Units Available
18 Rentals
Beverly Hills is an affordable neighborhood in Alexandria with an average rent price of $1,614. Compare this to the city average of $2,002. In the past year, rent prices have decreased by 18.8%. Beverly Hills provides easy access to GWU, Foggy Bottom, Ronald Reagan Washington National Airport, and Potomac Yard/Vt, Yellow/Blue Line Track 1 Platform. It’s a walkable neighborhood with a WalkScore® of 70.
Arlandria
Average Rent
$1,633/Month
Year-Over-Year Rent Change
1.4%
TransitScore® Rating
53/100
Units Available
49 Rentals
Arlandria is a vibrant, diverse neighborhood with a close-knit feel. This area features an eclectic mix of restaurants and local shops like the iconic Wafle Shop and Veronica's Bakery. Renters will appreciate the proximity to Four Mile Run Park and the convenience of public transit options.
Mount Vernon
Average Rent
$1,650/Month
Year-Over-Year Rent Change
1.1%
TransitScore® Rating
19/100
Units Available
37 Rentals
Home to George Washington’s Mount Vernon Estate, Mount Vernon has a historic charm that can't be replicated elsewhere. Along with its history, renters will enjoy the area’s scenic beauty, with access to the Potomac River and nearby parks. The neighborhood’s quiet and quaint feel is complemented by its convenient access to Route 1 and major highways.
Wakefield
Average Rent
$1,664/Month
Units Available
12 Rentals
If you’re looking for a great, affordable neighborhood in Alexandria, Wakefield might be the perfect place! It has an average rent price of $1,664, while the city’s average stands at $2,002. Wakefield is near Shoppes of Foxchase, Huntington, and Braddock Road.
Hybla Valley
Average Rent
$1,708/Month
Year-Over-Year Rent Change
2.2%
TransitScore® Rating
0/100
Units Available
64 Rentals
Hybla Valley offers a mix of suburban living and commercial conveniences, with nearby shopping centers like Mount Vernon Plaza. Renters will appreciate the easy access to Route 1, simplifying commutes to Alexandria and Washington, D.C. The area is also home to several parks and recreational facilities like Huntley Meadows Park.
Fairlington Towne
Average Rent
$1,751/Month
Units Available
12 Rentals
Fairlington Towne is a top choice for budget-conscious renters for a variety of reasons. The average rent in Fairlington Towne is $1,751 while the city average is $2,002. Residents enjoy convenient access to NOVA, Alexandria Campus, GWU, Foggy Bottom, and Potomac Yard/Vt, Yellow/Blue Line Track 2 Platform.
Brookville/Seminary Valley
Average Rent
$1,776/Month
Year-Over-Year Rent Change
1.9%
TransitScore® Rating
54/100
Units Available
32 Rentals
When you’re looking for a great Alexandria neighborhood on a budget, check out Brookville/Seminary Valley. The average rent is $1,776, compared to the city average of $2,002. Rent prices have increased by 1.9%. Brookville/Seminary Valley is convenient to Huntington, Allie S. Freed Park, and Braddock Road. The community is car-dependent with a WalkScore® of 43.
Pinecrest
Average Rent
$1,789/Month
TransitScore® Rating
39/100
Units Available
21 Rentals
Pinecrest is an affordable neighborhood in Alexandria with an average rent price of $1,789. Compare this to the city average of $2,002. Pinecrest provides easy access to NOVA, Alexandria Campus, Little River Turnpike Center, and George Mason Univ., Arlington. It’s a car-dependent neighborhood with a WalkScore® of 41.
Northwest Alexandria
Average Rent
$1,860/Month
TransitScore® Rating
56/100
Units Available
41 Rentals
If you’re looking for a great, affordable neighborhood in Alexandria, Northwest Alexandria might be the perfect place! It has an average rent price of $1,860, while the city’s average stands at $2,002. Northwest Alexandria is near King Street, Glebe Road Shopping Center, and Shirlington Park.
Ready to make your move to Alexandria? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!
Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.