
Cheap Homes for Rent in Penn Draw Neighborhood of Alexandria, VA from $800 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Penn Draw area of Alexandria.


2820 Dart Dr

4807 Poplar Dr

5831 Mt Vernon Dr
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.

2237 Farrington Ave

2322 Glendale Terrace

2330 Glendale Terrace

2330 Glendale Terrace, Unit C2, Unit C2
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.

6431 Richmond Hwy, Unit 201, Unit 201
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 | $2,590 | $1,650 | $4,295 |
| Penn Draw 3 Bedroom Homes for Rent | $3,935 | $3,000 | $5,500 |
| Penn Draw 4 Bedroom Homes for Rent | $4,933 | $3,200 | $5,800 |
| Penn Draw 5 Bedroom Homes for Rent | $3,250 | $3,250 | $3,250 |
| Penn Draw 6 Bedroom Homes for Rent | $10,500 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 9 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 Studio unit found at Cityside Huntington Metro priced from $1,450. Riverside Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,475. Here are the most affordable Penn Draw apartments for rent in Washington, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cityside Huntington Metro | Studio 430 sq. ft. | Studio,1BA | $1,450 |
| Riverside Apartments | Executive Studio | S1B | Studio,1BA | $1,475 |
| Haven Huntley Meadows | 1 Bedroom | 1BR,1BA | $1,495 |
Best Value Apartments for Rent in Penn Draw, VA
As of April 26, 2026 the best value apartment in the Penn Draw area is the $3.03 price per square foot 3Bedroom 1.5Bathroom Model at Cherry Arms in the in the Gum Springs neighborhood starting from $2,974. The second greatest value Penn Draw apartment is the 1Bedroom Den 1Bathroom Model at Kings Gardens starting at $1,732 with a $2.09 price per square foot in the Valley View 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. |
|---|---|---|---|
| Cherry Arms | 3Bedroom 1.5Bathroom | 3BR,1.5BA | $3.03 |
| Kings Gardens | 1Bedroom Den 1Bathroom | 1BR,1BA | $2.09 |
| The Courts at Huntington Station | One Bedroom A1C | 1BR,1BA | $2.66 |
| The Shelby | One Bedroom | 1BR,1BA | $2.80 |
| Lafayette Apartments | 1 Bedroom | 1BR,1BA | $2.21 |
| Meadow Woods | Patrick Henry | 1BR,1BA | $2.30 |
| Rose Hill Apartments | The Oronoco | 1BR,1BA | $2.86 |
| The Residences at North Hill | 1 Bedroom | 1BR,1BA | $2.41 |
| Mount Vernon Square Apartment Homes | One Bedroom - 665 sqft | 1BR,1BA | $2.32 |
| Haven Huntley Meadows | 1 Bedroom | 1BR,1BA | $2.28 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
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 $1,292 to $7,430. There are also 57 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penn Draw ranging from $895 to $10,500.
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 $895 to $10,500 with an average monthly rent of $4,113.
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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
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This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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