113 E Taylor Run Pkwy
AlexandriaVA22314
Cheap Homes for Rent in Penn Draw Neighborhood of Alexandria, VA from $1,400 (21 Rentals)
Search the lowest-cost Homes available for rent right now in the Penn Draw area of Alexandria.
1224 Prince St
AlexandriaVA22314
921 Cameron St
AlexandriaVA22314
2621 Wagon Dr
AlexandriaVA22303
2622 Fort Farnsworth Rd, Unit 216
2622 Fort Farnsworth Rd
AlexandriaVA22303
5651 Fenwick Drive
AlexandriaVA22303
1012 Duke St
AlexandriaVA22314
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.
4306 Elmwood Dr
AlexandriaVA22310
4854 Eisenhower Ave, Unit 249
4854 Eisenhower Ave
AlexandriaVA22304
2405 Phillips Dr
AlexandriaVA22306
7505 J Calderon Ct
AlexandriaVA22306
309 Holland Ln, Unit 103
309 Holland Ln
AlexandriaVA22314
5883 Blaine Dr
AlexandriaVA22303
214 S Henry St
AlexandriaVA22314
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.
4852 Eisenhower Ave, Unit Exchange at Van Dorn
4852 Eisenhower Ave
AlexandriaVA22304
3903 Franconia Rd
AlexandriaVA22310
2301 Farrington Ave
AlexandriaVA22303
2340 Fairview Terrace
AlexandriaVA22303
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$2,699Studio Apartments Available Now
Furnished Studio-Washington, DC - Alexandria - Eisenhower Ave.
200 Bluestone RdAlexandria, VA 22304
5810 Fifer Dr
AlexandriaVA22303
2214 Arlington Terrace
AlexandriaVA22303
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.
Showing Results 1-21, Page 1 of 1
Penn Draw, Alexandria, VA Local Guide
How much does it cost to rent a home in Penn Draw?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penn Draw 2 Bedroom Homes for Rent | $2,922 | $2,250 | $4,599 |
| Penn Draw 3 Bedroom Homes for Rent | $3,661 | $2,300 | $6,500 |
| Penn Draw 4 Bedroom Homes for Rent | $4,180 | $3,200 | $5,500 |
| Penn Draw 5 Bedroom Homes for Rent | $5,950 | $5,950 | $5,950 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 21 rentals with your search options within a 2 mile radius of the Penn Draw Neighborhood of Alexandria, VA.
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Penn Draw, Alexandria, VA Local Guide
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Cheapest Available Penn Draw Apartments for Rent
The cheapest available apartment rental in the Penn Draw 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 $1,322. Here are the most affordable Penn Draw 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 | Tower 2 | Studio | S1A | Studio,1BA | $1,322 |
| Meadow Woods | Patrick Henry | 1BR,1BA | $1,419 |
| Cityside Huntington Metro | Studio 430 sq. ft. | Studio,1BA | $1,450 |
| Lafayette Apartments | 1 Bedroom | 1BR,1BA | $1,499 |
Best Value Apartments for Rent in Penn Draw, VA
As of June 10, 2026 the best value apartment in the Penn Draw area is the $2.07 price per square foot 2 Bedroom Model at Lafayette Apartments in the in the Gum Springs neighborhood starting from $1,849. The second greatest value Penn Draw apartment is the 1Bedroom Den 1Bathroom Model at Kings Gardens starting at $1,704 with a $2.05 price per square foot in the Penn Draw neighborhood. Here is today’s list of the best values for Penn Draw apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lafayette Apartments | 2 Bedroom | 2BR,1BA | $2.07 |
| Kings Gardens | 1Bedroom Den 1Bathroom | 1BR,1BA | $2.05 |
| The Courts at Huntington Station | One Bedroom A1FD2 | 1BR,1BA | $2.81 |
| The Shelby | One Bedroom | 1BR,1BA | $2.81 |
| Meadow Woods | Woodlawn | 1BR,1BA | $2.12 |
| Rose Hill Apartments | The Oronoco | 1BR,1BA | $2.86 |
| The Residences at North Hill | 1 Bedroom | 1BR,1BA | $2.48 |
| Mount Vernon Square Apartment Homes | One Bedroom - 665 sqft | 1BR,1BA | $2.26 |
| 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 Article
Real 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.
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Best Local Schools in Penn Draw, Alexandria, VA
School data provided by Great Schools
Frequently Asked Questions about Penn Draw
What type of rentals are currently available in Penn Draw?
There are currently 136 Apartments for Rent in Penn Draw, VA with pricing that ranges from $1,242 to $6,059. There are also 74 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penn Draw ranging from $1,400 to $6,500.
What is the current price range for Rental Homes in Penn Draw?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Penn Draw ranges from $1,400 to $6,500 with an average monthly rent of $3,786.
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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Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.