
Cheap Apartments for Rent in the Old Town/Potomac Yard Neighborhood of Alexandria, VA from $500 (98 Rentals)
Search the lowest-cost Apartments available for rent right now in the Old Town/Potomac Yard area of Alexandria.


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Presidential Greens

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Eaton Square

Lloyd Apartments

Glebe House Apartments

Mason Hall

3911 Elbert Ave

The Bloom

2059 Huntington Ave

Del Ray Nelson
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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407 Summers Dr, Unit Basement

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Del Ray Tower at Fuse

The Aspen

Jackson Crossing

3102 Commonwealth Ave, Unit 104

The Station At Potomac Yard Apartments

Del Ray Bellefonte

1732 W Abingdon Dr, Unit 201

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Manor House Apartments

2237 Farrington Ave
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

3201 Commonwealth Ave

402 Bashford Ln

1732 W Abingdon Dr, Unit 201

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Platform

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Dylan & Reese

800 Carlyle

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The Foundry

The Bradley Braddock Road Station Apartments

Monticello-Lee

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Avalon Potomac Yard
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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The Courts at Huntington Station

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Del Ray Central at Fuse

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Reserve at Potomac Yard

MAA Carlyle Square

Lincoln Old Town

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Station 650

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1111 Belle Pre

1109 N Pitt St

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The Asher

2451 Midtown Ave
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

2704 Dartmouth Rd

Aspire Huntington Station

Alate Old Town 62+ Senior Living

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The Dalton

7 E Glebe Rd, Unit C

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Bell Old Town

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Oakville

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Gables Old Town North

1403 E Abingdon Dr

131 N Washington St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Old Town/Potomac Yard, Alexandria, VA Local Guide

How much does it cost to rent an apartment in Old Town/Potomac Yard?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Old Town/Potomac Yard Studio Apartments | $1,866 | $1,299 | $2,681 |
| Old Town/Potomac Yard 1 Bedroom Apartments | $2,550 | $1,305 | $6,992 |
| Old Town/Potomac Yard 2 Bedroom Apartments | $3,419 | $1,650 | $10,000+ |
| Old Town/Potomac Yard 3 Bedroom Apartments | $4,506 | $1,921 | $6,082 |
Browse Apartments in this Neighborhood
There are currently 98 rentals with your search options within a 2 mile radius of the Old Town/Potomac Yard Neighborhood of Alexandria, VA.
See all Apartments in AlexandriaExplore Alexandria
Old Town/Potomac Yard, Alexandria, VA Local Guide
- Nearby Alexandria neighborhoods
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Cheapest Available Old Town/Potomac Yard Apartments for Rent
 The cheapest available apartment rental in the Old Town/Potomac Yard area of Alexandria, VA is a Studio unit found at The Square at 511 Apartments priced from $1,099. Presidential Greens has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,305. Here are the most affordable Old Town/Potomac Yard apartments for rent in Alexandria, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Square at 511 Apartments | Studio | Studio,1BA | $1,099 |
| Presidential Greens | Plan A1C | 1BR,1BA | $1,305 |
| Eaton Square | A2 | 1BR,1BA | $1,350 |
| Lloyd Apartments | 1D | 1BR,1BA | $1,419 |
| Glebe House Apartments | Studio | Studio,1BA | $1,462 |
| Mason Hall | Studio | Studio,1BA | $1,523 |
| The Bloom | 2 Bed 1.5 Bath | 2BR,1BA | $1,539 |
| Riverside Apartments | Tower 1 | Executive Studio | S1F | Studio,1BA | $1,565 |
| Del Ray Nelson | Studio, 1 Bathroom | Studio,1BA | $1,650 |
| Del Ray Tower at Fuse | E1B | Studio,1BA | $1,653 |
Best Value Apartments for Rent in Old Town/Potomac Yard, VA
As of June 27, 2026 the best value apartment in the Old Town/Potomac Yard area is the $1.95 price per square foot Two Bedroom Model at Apex Apartments in the in the Northeast Alexandria neighborhood starting from $1,676. The second greatest value Old Town/Potomac Yard apartment is the 2 Bed 2 Bath Model at The Bloom starting at $1,710 with a $2.05 price per square foot in the Northeast Alexandria neighborhood. Here is today’s list of the best values for Old Town/Potomac Yard apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Apex Apartments | Two Bedroom | 2BR,2BA | $1.95 |
| The Bloom | 2 Bed 2 Bath | 2BR,2BA | $2.05 |
| Lloyd Apartments | 2E | 2BR,1BA | $2.49 |
| The Station At Potomac Yard Apartments | 1 Bedroom | 1BR,1BA | $2.23 |
| Presidential Greens | Plan B1 | 2BR,1BA | $2.72 |
| Jackson Crossing | 1 Bedroom 1 Bath | 1BR,1BA | $2.58 |
| The Aspen | St. Asaph | Studio ,1BA | $2.62 |
| Del Ray Nelson | Studio, 1 Bathroom | Studio ,1BA | $2.75 |
| Eaton Square | A2 | 1BR,1BA | $2.27 |
| The Square at 511 Apartments | Studio | Studio ,1BA | $2.36 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleOld Town/Potomac Yard, Alexandria, VA
Ranked #13
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
This website works hard to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Alexandria. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, kid and pet-friendly communities, availability of transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Old Town/Potomac Yard Apartments
What is a cheap apartment in Old Town/Potomac Yard?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Old Town/Potomac Yard is under $1,653.
What is the price of a cheap apartment in Old Town/Potomac Yard?
The cheapest apartment in Old Town/Potomac Yard is Presidential Greens which is listed at $1,305, while the average apartment in Old Town/Potomac Yard costs $4,165.
What types of apartments are the cheapest in Old Town/Potomac Yard?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 23 regular apartments in Old Town/Potomac Yard that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Old Town/Potomac Yard?
Cheap apartments in Old Town/Potomac Yard have an average cost of $279 which is $3,886 cheaper than the average rent for all rentals in Old Town/Potomac Yard.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.