
Cheap Apartments for Rent in the Old Town/Potomac Yard Neighborhood of Alexandria, VA from $500 (104 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

The Bloom

The Aspen

2059 Huntington Ave

2317 Huntington Ave, Unit 724
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

2317 Huntington Ave, Unit 616

Del Ray Nelson

2301 Farrington Ave

113 E Glebe Rd

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Manor House Apartments

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The Courts at Huntington Station

Jackson Crossing

The Station At Potomac Yard Apartments

New Brookside Apartments

1808 W Abingdon Dr
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.

Monticello-Lee

1718 W Abingdon Dr

800 Carlyle

Lincoln Old Town

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Del Ray Central at Fuse

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The Foundry

Aspire Huntington Station

2317 Huntington Ave

134 Roberts Ln

Del Ray Bellefonte
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Del Ray Tower at Fuse

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Bell Old Town

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Dylan & Reese

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Avalon Potomac Yard

2704 Dartmouth Rd

211 West Street Apartments

1403 E Abingdon Dr

MAA Carlyle Square

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Reserve at Potomac Yard

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Platform
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.

2451 Midtown Ave

2050 Jamieson Ave, Unit 1109

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Station 650

Alate Old Town 62+ Senior Living

17 Auburn Ct, Unit C

915 N Patrick St

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The Bradley Braddock Road Station Apartments

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Oakville

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1111 Belle Pre

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The Grayson
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.
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 | $1,812 | $1,299 | $3,002 |
| Old Town/Potomac Yard 1 Bedroom Apartments | $2,542 | $1,330 | $5,535 |
| Old Town/Potomac Yard 2 Bedroom Apartments | $3,336 | $1,539 | $9,136 |
| Old Town/Potomac Yard 3 Bedroom Apartments | $4,605 | $2,850 | $6,082 |
Browse Apartments in this Neighborhood
There are currently 104 rentals with your search options within a 2 mile radius of the Old Town/Potomac Yard Neighborhood of Alexandria, VA.
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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 priced from $1,299. Presidential Greens has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,330. 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 | Studio | Studio,1BA | $1,299 |
| Presidential Greens | Plan A1B/A1C | 1BR,1BA | $1,330 |
| Eaton Square | A2 | 1BR,1BA | $1,399 |
| Lloyd Apartments | 1D | 1BR,1BA | $1,419 |
| Riverside Apartments | Executive Studio | S1B | Studio,1BA | $1,428 |
| Glebe House Apartments | Studio | Studio,1BA | $1,450 |
| Mason Hall | Studio | Studio,1BA | $1,504 |
| The Bloom | 2 Bed 2 Bath | 2BR,2BA | $1,539 |
| The Aspen | St. Asaph | Studio,1BA | $1,562 |
| Del Ray Nelson | Studio, 1 Bathroom | Studio,1BA | $1,599 |
Best Value Apartments for Rent in Old Town/Potomac Yard, VA
As of August 12, 2026 the best value apartment in the Old Town/Potomac Yard area is the $2.05 price per square foot 2 Bedrooms, 1 Bathroom Model at Del Ray Bellefonte in the in the Northeast Alexandria neighborhood starting from $2,000. The second greatest value Old Town/Potomac Yard apartment is the Two Bedroom Model at Apex Apartments starting at $2,073 with a $2.42 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. |
|---|---|---|---|
| Del Ray Bellefonte | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $2.05 |
| Apex Apartments | Two Bedroom | 2BR,2BA | $2.42 |
| 211 West Street Apartments | 211-5 | 2BR,1BA | $2.50 |
| The Bloom | 2 Bed 2 Bath | 2BR,2BA | $1.84 |
| Lloyd Apartments | 2E | 2BR,1BA | $2.47 |
| The Station At Potomac Yard Apartments | 1 Bedroom | 1BR,1BA | $2.23 |
| Jackson Crossing | 1 Bedroom 1 Bath | 1BR,1BA | $2.63 |
| Del Ray Nelson | Studio, 1 Bathroom | Studio ,1BA | $2.67 |
| Eaton Square | A2 | 1BR,1BA | $2.35 |
| Presidential Greens | Plan A1B/A1C | 1BR,1BA | $2.27 |
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 #12
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 $1,599.
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 $1,330, while the average apartment in Old Town/Potomac Yard costs $2,557.
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 26 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 $232 which is $2,325 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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.