
Cheap Apartments for Rent in the Penn Draw Village Neighborhood of Alexandria, VA from $585 (80 Rentals)
Search the lowest-cost Apartments available for rent right now in the Penn Draw Village area of Alexandria.


Lafayette Apartments

Cityside Huntington Metro

2317 Huntington Ave

4600 Duke St, Unit 1603

Longview

The Bloom

Beacon Hill

2059 Huntington Ave

Normandy Hill Apartments
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.

Total Monthly Price
The Belhaven Apartments

The Residences at North Hill

Monticello-Lee

6641 Wakefield Dr

914 Green St

6604 Boulevard Vw, Unit a-2

6621 E Wakefield Dr

4600 Duke St

Aspire Huntington Station

Total Monthly Price
The Courts at Huntington Station
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.

800 Carlyle

2305 Farrington Ave

South Alex

Total Monthly Price
The Foundry

Total Monthly Price
Bell Old Town

The Point at Eisenhower Square

2317 Huntington Ave, Unit 727

1413 Belle View Blvd

6284 Rose Hill Dr

4600 Duke St, Unit 1406
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.

4600 Duke St, Unit 1406

Lincoln Old Town

6607 Potomac Ave

212 N Patrick St

211 West Street Apartments

MAA Carlyle Square

Furnished Studio-Washington, DC - Alexandria - Eisenhower Ave.

2050 Jamieson Ave, Unit 1109

915 N Patrick St

Total Monthly Price
1200 Braddock Pl, Unit 103
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.

Total Monthly Price
Carlyle Mill

Total Monthly Price
The Bradley Braddock Road Station Apartments

Total Monthly Price
2712 James Dr, Unit #2

2451 Midtown Ave

Total Monthly Price
1111 Belle Pre

134 Jasper Pl, Unit 1

2059 Huntington Ave, Unit 1514

Lineage at North Patrick

Carydale East Apartments

The Ellsworth
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.
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 | $1,792 | $1,327 | $2,503 |
| Penn Draw Village 1 Bedroom Apartments | $2,157 | $1,489 | $3,505 |
| Penn Draw Village 2 Bedroom Apartments | $2,732 | $1,503 | $6,469 |
| Penn Draw Village 3 Bedroom Apartments | $3,302 | $2,280 | $4,300 |
| Penn Draw Village 4 Bedroom Apartments | $5,159 | $5,159 | $5,159 |
Browse Apartments in this Neighborhood
There are currently 80 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
- ZIP codes
- Local Counties
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 Riverside Apartments priced from $1,327. Lafayette Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,399. Here are the most affordable Penn Draw Village apartments for rent in Washington, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Riverside Apartments | Executive Studio | S1B | Studio,1BA | $1,327 |
| Lafayette Apartments | <h3><center><b>One Bedroom</h3></center></b> | 1BR,1BA | $1,399 |
| Meadow Woods | Patrick Henry | 1BR,1BA | $1,399 |
| Cityside Huntington Metro | Studio 430 sq. ft. | Studio,1BA | $1,450 |
| Haven Huntley Meadows | 1 Bedroom | 1BR,1BA | $1,495 |
| Longview | 2/1/D | 2BR,1BA | $1,503 |
| The Bloom | 2 Bed 2 Bath | 2BR,2BA | $1,539 |
| Beacon Hill | Piper | Studio,1BA | $1,550 |
| Kings Gardens | 1Bedroom 1Bathroom | 1BR,1BA | $1,553 |
| The Fields of Alexandria | A2 | 1BR,1BA | $1,595 |
Best Value Apartments for Rent in Penn Draw Village, VA
As of September 08, 2026 the best value apartment in the Penn Draw Village area is the $2.33 price per square foot 211-5 Model at 211 West Street Apartments in the in the Northeast Alexandria neighborhood starting from $2,100. The second greatest value Penn Draw Village apartment is the <h3><center><b>Two Bedroom</h3></center></b> 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. |
|---|---|---|---|
| 211 West Street Apartments | 211-5 | 2BR,1BA | $2.33 |
| Lafayette Apartments | <h3><center><b>Two Bedroom</h3></center></b> | 2BR,1BA | $2.07 |
| The Bloom | 2 Bed 2 Bath | 2BR,2BA | $1.84 |
| Haven Huntley Meadows | 2 Bedroom | 2BR,1BA | $2.31 |
| Kings Gardens | 1Bedroom 1Bathroom | 1BR,1BA | $1.95 |
| Longview | 2/1/A | 2BR,1BA | $1.89 |
| The Shelby | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.73 |
| The Fields of Alexandria | B1 | 2BR,1BA | $2.57 |
| Meadow Woods | Woodlawn | 1BR,1BA | $2.08 |
| The Residences at North Hill | 1 Bedroom | 1BR,1BA | $2.48 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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
Mount Eagle Elementary School
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 $1,595.
What is the price of a cheap apartment in Penn Draw Village?
The cheapest apartment in Penn Draw Village is Meadow Woods which is listed at $1,399, while the average apartment in Penn Draw Village costs $2,216.
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 54 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 $363 which is $1,853 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

DC Metro Area Deep Dive: Comparing the Top Neighborhoods for Cost, Commute, and Quality of Life
Written by: Steve Lilly
If you're someone who keeps up with current events, it's understandable to hear about Washington, D.C. and immediately think "politics.

Discover DC: The Insider's Guide to Renting in Our Nations Capital
Written by: Steve Lilly
Greetings from Washington, DC! I'm Stephen, your ApartmentHomeLiving.com Local Expert for Washington, and I'd love to give you the inside scoop on a city that many people only think of in terms of visiting, not living in.

The DC Housing Strategy: Balancing Career & Lifestyle Near Top Washington DC Area Employers
Written by: Steve Lilly
I'm Steve, your ApartmentHomeLiving.com Local Expert for Washington, D.C.

Rent Smart in Washington DC: Best Neighborhoods to Rent for University Students
Written by: Steve Lilly
I'm Steve, your ApartmentHomeLiving.com Local Expert for Washington, DC.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.