
Cheap Apartments for Rent in the Penn Draw Village Neighborhood of Alexandria, VA from $500 (62 Rentals)
Search the lowest-cost Apartments available for rent right now in the Penn Draw Village area of Alexandria.


Meadow Woods

Cityside Huntington Metro

Lafayette Apartments

The Bloom

2059 Huntington Ave

Beacon Hill

The Residences at North Hill

Total Monthly Price
407 Summers Dr, Unit Basement

Normandy Hill Apartments
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The Point at Eisenhower Square

The Belhaven Apartments

6621 Wakefield Dr

South Alex

Monticello-Lee

Lincoln Old Town

The Bradley Braddock Road Station Apartments

Total Monthly Price
The Foundry

2237 Farrington Ave

Total Monthly Price
The Courts at Huntington Station
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800 Carlyle

Aspire Huntington Station

MAA Carlyle Square

6628 E Wakefield Dr

Total Monthly Price
Dylan & Reese

6605 Potomac Ave

Total Monthly Price
The Asher

1100 Quaker Hill Dr

2704 Dartmouth Rd

Alate Old Town 62+ Senior Living
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2151 Jamieson Ave

Total Monthly Price
1111 Belle Pre

131 N Washington St

Total Monthly Price
Bell Old Town

4306 Elmwood Dr

Lineage at North Patrick

Carydale East Apartments

4600 Duke St

The Ellsworth

The Heritage at Old Town
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Bridgeyard

Jefferson Gardens

The Arden

Gunston Hall Apartments

Huntington Gardens Apartments

Olde Towne West

Haven Huntley Meadows

Kings Gardens

The Fields of Alexandria

Cherry Arms
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Penn Draw Village, Alexandria, VA Local Guide

How much does it cost to rent an apartment in Penn Draw Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penn Draw Village Studio Apartments | $1,869 | $1,287 | $2,699 |
| Penn Draw Village 1 Bedroom Apartments | $2,245 | $1,242 | $3,515 |
| Penn Draw Village 2 Bedroom Apartments | $2,870 | $1,503 | $5,196 |
| Penn Draw Village 3 Bedroom Apartments | $3,855 | $2,280 | $5,750 |
Browse Apartments in this Neighborhood
There are currently 62 rentals with your search options within a 2 mile radius of the Penn Draw Village Neighborhood of Alexandria, VA.
See all Apartments in AlexandriaExplore Alexandria
Penn Draw Village, Alexandria, VA Local Guide
- Nearby Alexandria neighborhoods
- Nearby Cities
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- Local Counties
- School Districts
Cheapest Available Penn Draw Village Apartments for Rent
 The cheapest available apartment rental in the Penn Draw Village area of Washington, VA is a 1 Bed unit found at Longview Terrace Apartments priced from $1,242. Riverside Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,363. Here are the most affordable Penn Draw Village apartments for rent in Washington, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Longview Terrace Apartments | 1 Bedroom | 1BR,1BA | $1,242 |
| Riverside Apartments | Executive Studio | S1B | Studio,1BA | $1,363 |
| Meadow Woods | Patrick Henry | 1BR,1BA | $1,419 |
| Cityside Huntington Metro | Studio 336 sq. ft. | Studio,1BA | $1,450 |
| Lafayette Apartments | 1 Bedroom | 1BR,1BA | $1,499 |
| The Fields of Alexandria | S1 | Studio,1BA | $1,525 |
| The Bloom | 2 Bed 1.5 Bath | 2BR,1BA | $1,539 |
| Beacon Hill | Piper | Studio,1BA | $1,550 |
| Haven Huntley Meadows | 1 Bedroom | 1BR,1BA | $1,595 |
| Kings Gardens | 1Bedroom 1Bathroom | 1BR,1BA | $1,628 |
Best Value Apartments for Rent in Penn Draw Village, VA
As of June 19, 2026 the best value apartment in the Penn Draw Village area is the $2.72 price per square foot 2 bedroom Model at Monticello-Lee in the in the Northeast Alexandria neighborhood starting from $2,459. The second greatest value Penn Draw Village apartment is the 2 Bedroom Model at Lafayette Apartments starting at $1,849 with a $2.07 price per square foot in the Gum Springs neighborhood. Here is today’s list of the best values for Penn Draw Village apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Monticello-Lee | 2 bedroom | 2BR,1BA | $2.72 |
| Lafayette Apartments | 2 Bedroom | 2BR,1BA | $2.07 |
| The Bloom | 2 Bed 2 Bath | 2BR,2BA | $2.05 |
| Kings Gardens | 1Bedroom Den 1Bathroom | 1BR,1BA | $2.09 |
| The Courts at Huntington Station | One Bedroom A1FD2 | 1BR,1BA | $2.81 |
| The Fields of Alexandria | B1 | 2BR,1BA | $2.57 |
| Meadow Woods | Woodlawn | 1BR,1BA | $2.12 |
| The Residences at North Hill | 1 Bedroom | 1BR,1BA | $2.48 |
| Haven Huntley Meadows | 1 Bedroom | 1BR,1BA | $2.44 |
| Longview Terrace Apartments | 1 Bedroom | 1BR,1BA | $1.98 |
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 LifestylePenn Draw Village, Alexandria, VA
Ranked #25
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Penn Draw Village, Alexandria, VA
School data provided by Great Schools
Lifestyle Ratings
This website compiles millions of data points to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities, and rental properties across Virginia and customized analysis for Washington, Virginia. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, pet-friendly features, places that make kids happy, proximity to transit, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Penn Draw Village Apartments
What is a cheap apartment in Penn Draw Village?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Penn Draw Village is under $1,628.
What is the price of a cheap apartment in Penn Draw Village?
The cheapest apartment in Penn Draw Village is Longview Terrace Apartments which is listed at $1,242, while the average apartment in Penn Draw Village costs $3,950.
What types of apartments are the cheapest in Penn Draw Village?
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 38 regular apartments in Penn Draw Village 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 Penn Draw Village?
Cheap apartments in Penn Draw Village have an average cost of $151 which is $3,799 cheaper than the average rent for all rentals in Penn Draw Village.
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.
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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.

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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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.