Best Affordable Neighborhoods in Alexandria, VA
Some of the cheapest neighborhoods in Alexandria are Wakefield, Arlandria, and Beverly Hills. These neighborhoods offer some of the lowest rent prices in Alexandria, making them ideal for renters on a budget. As of March 22, 2026, the average rent in Alexandria is $2,008, which is 2.2% 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.
Wakefield
Average Rent
$1,558/Month
Units Available
10 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 $1,558, while the city’s average stands at $2,008. Wakefield is near George Mason Univ., Arlington, Huntington, and Ford Nature Center.
Arlandria
Average Rent
$1,561/Month
Year-Over-Year Rent Change
0.5%
Units Available
64 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.
Beverly Hills
Average Rent
$1,584/Month
Year-Over-Year Rent Change
1.7%
Units Available
17 Rentals
Beverly Hills is a top choice for budget-conscious renters for a variety of reasons. The average rent in Beverly Hills is $1,584 while the city average is $2,008. This is a -1.7% difference from last year. Residents enjoy convenient access to Potomac Yard/Vt, Yellow/Blue Line Track 1 Platform, Tuckahoe Park, and Lucky Run Park.
Hybla Valley
Average Rent
$1,647/Month
Year-Over-Year Rent Change
5.5%
Units Available
78 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
$1,677/Month
Units Available
12 Rentals
When you’re looking for a great Alexandria neighborhood on a budget, check out Fairlington Towne. The average rent is $1,677, compared to the city average of $2,008. Fairlington Towne is convenient to Eisenhower Avenue, NOVA, Alexandria Campus, and Potomac Yard/Vt, Yellow/Blue Line Track 2 Platform.
Mount Vernon
Average Rent
$1,685/Month
Year-Over-Year Rent Change
1.8%
Units Available
33 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.
Brookville/Seminary Valley
Average Rent
$1,716/Month
Year-Over-Year Rent Change
5.7%
Units Available
41 Rentals
Brookville/Seminary Valley is an affordable neighborhood in Alexandria with an average rent price of $1,716. Compare this to the city average of $2,008. In the past year, rent prices have increased by 5.7%. Brookville/Seminary Valley provides easy access to Braddock Road, NOVA, Medical Edu. Campus, and Ford Nature Center.
Northwest Alexandria
Average Rent
$1,722/Month
Units Available
34 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 $1,722, while the city’s average stands at $2,008. Northwest Alexandria is near Glebe Road Shopping Center, Eisenhower Avenue, and Del Ray Center.
Pinecrest
Average Rent
$1,723/Month
Units Available
26 Rentals
Pinecrest is a top choice for budget-conscious renters for a variety of reasons. The average rent in Pinecrest is $1,723 while the city average is $2,008. Residents enjoy convenient access to Franconia-Springfield, Ballston-Mu, and Hidden Oaks Nature Center.
Rosecrest
Average Rent
$1,743/Month
Units Available
17 Rentals
When you’re looking for a great Alexandria neighborhood on a budget, check out Rosecrest. The average rent is $1,743, compared to the city average of $2,008. Rosecrest is convenient to Eisenhower Avenue, Georgetown, and Ronald Reagan Washington Ntl.
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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.