Cheap Apartments for Rent in the Old Town/Potomac Yard Neighborhood of Alexandria, VA from $500 (52 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Old Town/Potomac Yard area of Alexandria.

property at 618 Notabene Dr

$1,500 - $1,550

1 Bedroom Rentals

Available Now

618 Notabene Dr

AlexandriaVA22305

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.

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property at 720 W Glebe Rd

$1,799 - $1,899

2 Bedroom Rentals

Available Now

720 W Glebe Rd

AlexandriaVA22305

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.

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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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Beverly Hills Court
Studio to 1 Bedroom Apartments

Beverly Hills Court

300-302 W Glebe RdAlexandria, VA 22305
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Arbelo Apartments
Studio to 2 Bedroom Apartments

Arbelo Apartments

831-833 Bashford LnAlexandria, VA 22314
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Bridgeyard
Studio to 2 Bedroom Apartments

Bridgeyard

1204 S Washington StAlexandria, VA 22314
Corporate Housing
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Jefferson Gardens
1 to 2 Bedroom Apartments

Jefferson Gardens

5877 Monticello RdAlexandria, VA 22303
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The Arden
Studio to 3 Bedroom Apartments

The Arden

2317 Huntington AveAlexandria, VA 22303
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Mason Arms Apartments
Studio to 2 Bedroom Apartments

Mason Arms Apartments

218 E Mason AveAlexandria, VA 22301
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Gunston Hall Apartments
1 to 2 Bedroom Apartments

Gunston Hall Apartments

913 S Washington StAlexandria, VA 22314
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Olde Towne West
1 to 4 Bedroom Apartments

Olde Towne West

500-524 S Alfred StAlexandria, VA 22314
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Brenton Court Apartments
1 to 2 Bedroom Apartments

Brenton Court Apartments

400-424 E Glendale AveAlexandria, VA 22301
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New Brookside Apartments
Studio to 3 Bedroom Apartments

New Brookside Apartments

601 Four Mile RdAlexandria, VA 22305
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6 Leadbeater Street
2 to 3 Bedroom Apartments

6 Leadbeater Street

6 Leadbeater StAlexandria, VA 22305
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Dylan and Reese
Studio to 3 Bedroom Apartments

Dylan and Reese

2455 Mandeville AveAlexandria, VA 22314

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Old Town/Potomac Yard, Alexandria, VA Local Guide

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 Apex Apartments priced from $1,318. Riverside Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,376. Here are the most affordable Old Town/Potomac Yard apartments for rent in Alexandria, VA:

Apartment ListingModel NameBed/BathPriced From
Apex ApartmentsStudioStudio,1BA$1,318
Riverside ApartmentsExecutive Studio | S1BStudio,1BA$1,376
Presidential GreensPlan A1B1BR,1BA$1,377
The AspenSt. AsaphStudio,1BA$1,399
Eaton SquareA21BR,1BA$1,418
Glebe House ApartmentsUnfurnished StudioStudio,1BA$1,450
Monticello-LeeStudioStudio,1BA$1,459
Mason Avenue Apartments1BR C1BR,1BA$1,499
Mason Avenue Apartments1BR C1BR,1BA$1,499
Lloyd Apartments1B1BR,1BA$1,609

Best Value Apartments for Rent in Old Town/Potomac Yard, VA

As of December 19, 2025 the best value apartment in the Old Town/Potomac Yard area is the $1.84 price per square foot 2 Bedroom 2B60 Model at The Station At Potomac Yard Apartments in the in the Northeast Alexandria neighborhood starting from $1,965. The second greatest value Old Town/Potomac Yard apartment is the 2 Bedrooms, 1 Bathroom Model at Del Ray Bellefonte starting at $1,999 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Station At Potomac Yard Apartments2 Bedroom 2B602BR,2BA$1.84
Del Ray Bellefonte2 Bedrooms, 1 Bathroom2BR,1BA$2.05
Carlyle MillMellon1BR,1BA$2.57
The AspenCarlyle1BR,1BA$2.19
Mason HallOne Bedroom1BR,1BA$2.51
Lloyd Apartments1D1BR,1BA$2.55
Reserve at Potomac Yard1 Bedroom A1BR,1BA$2.78
Eaton SquareA21BR,1BA$2.38
Presidential GreensPlan A1C1BR,1BA$2.72
Apex ApartmentsStudioStudio ,1BA$2.66

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Quick 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.

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Pet Friendly Lifestyle
Old Town/Potomac Yard, Alexandria, VA

Ranked #10

Among cities in Virginia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $1,609.

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 $1,377, while the average apartment in Old Town/Potomac Yard costs $8,532.

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 17 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 $160 which is $8,372 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

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.