
Cheap Apartments for Rent in the Penn Draw Village Neighborhood of Alexandria, VA from $500 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in the Penn Draw Village area of Alexandria.


Cityside Huntington Metro

Monticello-Lee

Meadow Woods

Normandy Hill Apartments

Lafayette Apartments

The Bloom

Haven Huntley Meadows
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.

Beacon Hill

The Residences at North Hill

806 Jefferson St

2618 Fort Farnsworth Rd

2633 Fort Farnsworth Rd

The Point at Eisenhower Square

2624 Wagon Dr

6631 Wakefield Dr
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.

906 S Washington St

The Courts at Huntington Station

The Belhaven Apartments

The Foundry

South Alex

Aspire Huntington Station

2630 Fort Farnsworth Rd

4600 Duke St
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.

Dylan and Reese

Lincoln Old Town

2301 Farrington Ave

The Bradley Braddock Road Station Apartments

922 S Washington St

Lineage at North Patrick

Carydale East Apartments

The Ellsworth
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.

The Heritage at Old Town

Bridgeyard

Jefferson Gardens

The Arden

The Fields of Alexandria

Gunston Hall Apartments

Huntington Gardens Apartments

Olde Towne West
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Kings Gardens

Cherry Arms
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 | $2,071 | $1,292 | $6,842 |
| Penn Draw Village 1 Bedroom Apartments | $2,599 | $1,450 | $5,449 |
| Penn Draw Village 2 Bedroom Apartments | $3,373 | $1,509 | $8,465 |
| Penn Draw Village 3 Bedroom Apartments | $4,543 | $2,100 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 42 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
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Cheapest Available Penn Draw Village Apartments for Rent
 The cheapest available apartment rental in the Penn Draw Village area of Washington, VA is a Studio unit found at Monticello-Lee priced from $1,429. Cityside Huntington Metro has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,450. Here are the most affordable Penn Draw Village apartments for rent in Washington, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Monticello-Lee | Studio | Studio,1BA | $1,429 |
| Cityside Huntington Metro | 1BR/1BA 790 sq. ft. | 1BR,1BA | $1,450 |
| Meadow Woods | Patrick Henry | 1BR,1BA | $1,459 |
| Lafayette Apartments | 1 Bedroom+Den | 1BR,1BA | $1,525 |
| The Bloom | 2 Bed 1.5 Bath | 2BR,1BA | $1,539 |
| Haven Huntley Meadows | 1 Bedroom | 1BR,1BA | $1,540 |
| The Fields of Alexandria | A2 | 1BR,1BA | $1,545 |
| Riverside Apartments | Tower 2 | Studio | S1A | Studio,1BA | $1,546 |
| Beacon Hill | Piper | Studio,1BA | $1,610 |
| The Residences at North Hill | 1 Bedroom | 1BR,1BA | $1,611 |
Best Value Apartments for Rent in Penn Draw Village, VA
As of March 11, 2026 the best value apartment in the Penn Draw Village area is the $2.31 price per square foot 2BR/1BA 845 sq. ft. Model at Cityside Huntington Metro in the in the Eisenhower East neighborhood starting from $1,950. The second greatest value Penn Draw Village 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 Penn Draw Village apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cityside Huntington Metro | 2BR/1BA 845 sq. ft. | 2BR,1BA | $2.31 |
| The Bloom | 2 Bed 2 Bath | 2BR,2BA | $2.05 |
| Kings Gardens | 1Bedroom Den 1Bathroom | 1BR,1BA | $2.14 |
| Haven Huntley Meadows | 2 Bedroom | 2BR,1BA | $2.46 |
| The Fields of Alexandria | B1 | 2BR,1BA | $2.57 |
| Lafayette Apartments | 1 Bedroom | 1BR,1BA | $2.10 |
| The Courts at Huntington Station | One Bedroom A1B | 1BR,1BA | $2.70 |
| Meadow Woods | Patrick Henry | 1BR,1BA | $2.10 |
| Cherry Arms | 1Bedroom 1Bathroom | 1BR,1BA | $2.61 |
| The Residences at North Hill | 1 Bedroom | 1BR,1BA | $2.41 |
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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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 #22
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 $1,611.
What is the price of a cheap apartment in Penn Draw Village?
The cheapest apartment in Penn Draw Village is Cityside Huntington Metro which is listed at $1,450, while the average apartment in Penn Draw Village costs $13,178.
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 29 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 $203 which is $12,975 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.
Helpful Local Expert Guides

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Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.