
Cheap Homes for Rent in the Penn Draw Neighborhood of Alexandria, VA from $1,500 (22 Rentals)
Search the lowest-cost Homes available for rent right now in the Penn Draw area of Alexandria.


2317 Huntington Ave, Unit 616

2317 Huntington Ave, Unit 724

301 West St

4862 Eisenhower Ave

2318 Glendale Terrace, Unit A1

2317 Huntington Ave, Unit 727
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2317 Huntington Ave, Unit 627

2317 Huntington Ave, Unit 713

5904 Mount Eagle Dr, Unit 4-117

5901 Mt Eagle Dr, Unit 607

2610 Indian Dr, Unit 2B

5916 Ewing Pl

2050 Jamieson Ave, Unit 1109
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520 John Carlyle St, Unit 234

520 John Carlyle St

4852 Eisenhower Ave, Unit Exchange at Van Dorn

214 S Henry St

2622 Fort Farnsworth Rd, Unit 216

7130 Tolliver St

309 Holland Ln
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2301 Farrington Ave
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 | $3,349 | $2,300 | $4,200 |
| Penn Draw 3 Bedroom Homes for Rent | $3,504 | $2,200 | $4,800 |
| Penn Draw 4 Bedroom Homes for Rent | $4,067 | $2,895 | $7,000 |
| Penn Draw 6 Bedroom Homes for Rent | $8,800 | $8,800 | $8,800 |
Browse Homes for Rent in this Neighborhood
There are currently 22 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 $1,224. Riverside Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,285. 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 | $1,224 |
| Riverside Apartments | Executive Studio | S1B | Studio,1BA | $1,285 |
| Meadow Woods | Patrick Henry | 1BR,1BA | $1,399 |
| Cityside Huntington Metro | Studio 430 sq. ft. | Studio,1BA | $1,450 |
| Lafayette Apartments | <h3><center><b>One Bedroom</h3></center></b> | 1BR,1BA | $1,499 |
Best Value Apartments for Rent in Penn Draw, VA
As of July 26, 2026 the best value apartment in the Penn Draw area is the $2.18 price per square foot 3Bedroom 1.5Bathroom Model at Kings Gardens in the in the Penn Draw neighborhood starting from $3,002. The second greatest value Penn Draw 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 apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Kings Gardens | 3Bedroom 1.5Bathroom | 3BR,1.5BA | $2.18 |
| Lafayette Apartments | <h3><center><b>Two Bedroom</h3></center></b> | 2BR,1BA | $2.07 |
| Spring Gardens Apartments | 211-5 | 2BR,1BA | $2.50 |
| The Shelby | One Bedroom | 1BR,1BA | $2.79 |
| Mount Vernon Square Apartment Homes | One Bedroom - 735 sqft | 1BR,1BA | $2.29 |
| Meadow Woods | Woodlawn | 1BR,1BA | $2.08 |
| Rose Hill Apartments | The Oronoco | 1BR,1BA | $2.79 |
| The Residences at North Hill | 1 Bedroom | 1BR,1BA | $2.48 |
| Haven Huntley Meadows | 1 Bedroom | 1BR,1BA | $2.58 |
| Longview Terrace Apartments | 1 Bedroom | 1BR,1BA | $1.95 |
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.
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 141 Apartments for Rent in Penn Draw, VA with pricing that ranges from $1,224 to $4,799. There are also 85 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penn Draw ranging from $1,500 to $8,800.
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 $1,500 to $8,800 with an average monthly rent of $3,987.
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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