Cheap Homes for Rent in the Penn Draw Neighborhood of Alexandria, VA from $1,500 (19 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in the Penn Draw area of Alexandria.

property at 7009 Lamp Post Ln
$1,500

Total Monthly Price

Base Rent$1,500

Total Monthly Price$1,500
12 Month Lease Term
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

7009 Lamp Post Ln

AlexandriaVA22306
property at 5901 Mt Eagle Dr
$1,770

Total Monthly Price

Base Rent$1,770

Total Monthly Price$1,770
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

5901 Mt Eagle Dr

AlexandriaVA22303
property at 6621 Wakefield Dr
$1,850

Total Monthly Price

Base Rent$1,850

Total Monthly Price$1,850
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

6621 Wakefield Dr

AlexandriaVA22307
property at 6604 Boulevard Vw
$1,850

Total Monthly Price

Base Rent$1,850

Total Monthly Price$1,850
24 Month Lease Term
1 Bedroom, 1 Bath Condo for Rent
Available Feb 1, 2027
Cost Per Sq.Ft.

6604 Boulevard Vw, Unit a-2

6604 Boulevard Vw
AlexandriaVA22307
  • Smoke Free
property at 301 N West St
$1,950

Total Monthly Price

Base Rent$1,950

Total Monthly Price$1,950
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

301 N West St

AlexandriaVA22314

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.

property at 2050 Jamieson Ave
$2,250

Total Monthly Price

Base Rent$2,250

Total Monthly Price$2,250
12 Month Lease Term
Studio, 1 Bath Condo for Rent
Available Now
Furnished

2050 Jamieson Ave, Unit 1109

2050 Jamieson Ave
AlexandriaVA22314
  • Smoke Free
property at 5901 Mt Eagle Dr
$2,250

Total Monthly Price

Base Rent$2,250

Total Monthly Price$2,250
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

5901 Mt Eagle Dr, Unit 207

5901 Mt Eagle Dr
AlexandriaVA22303
property at 5703 Indian Ct
$2,250

Total Monthly Price

Base Rent$2,250

Total Monthly Price$2,250
2 Bedroom Rentals
Available Now
Affordability

5703 Indian Ct

AlexandriaVA22303
property at 4862 Eisenhower Ave
$2,300

Total Monthly Price

Base Rent$2,300

Total Monthly Price$2,300
12 Month Lease Term
1 Bedroom, 1 Bath Condo for Rent
Available Nov 1
Affordability

4862 Eisenhower Ave, Unit 362

4862 Eisenhower Ave
AlexandriaVA22304
  • Smoke Free

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.

property at 7526 Coxton Ct
$2,300

Total Monthly Price

Base Rent$2,300

Total Monthly Price$2,300
12 Month Lease Term
2 Bedroom, 2 Bath Condo for Rent
Available Now
Affordability

7526 Coxton Ct

AlexandriaVA22306
  • Smoke Free
property at 5818 Fifer Dr
$2,350

Total Monthly Price

Base Rent$2,350

Total Monthly Price$2,350
2 Bedroom, 1 Bath Townhome for Rent
Available Now
Affordability

5818 Fifer Dr

AlexandriaVA22303
property at 7130 Tolliver St
$2,350

Total Monthly Price

Base Rent$2,350

Total Monthly Price$2,350
2 Bedroom, 2 Bath Townhome for Rent
Available Now
Affordability

7130 Tolliver St

AlexandriaVA22306
property at 520 John Carlyle St
$2,350 - $2,600

Total Monthly Price

Base Rent$2,350

Total Monthly Price$2,350
1 Bedroom Rentals
Available Now
Affordability

520 John Carlyle St

AlexandriaVA22314
property at 2059 Huntington Ave
$2,400

Total Monthly Price

Base Rent$2,400

Total Monthly Price$2,400
12 Month Lease Term
2 Bedroom, 2 Bath Condo for Rent
Available Oct 1
Affordability

2059 Huntington Ave, Unit 1514

2059 Huntington Ave
AlexandriaVA22303
property at 113 S Gordon St
$2,500

Total Monthly Price

Base Rent$2,500

Total Monthly Price$2,500
12 Month Lease Term
2 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

113 S Gordon St

AlexandriaVA22304

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.

property at 5809 Fifer Dr
$2,500

Total Monthly Price

Base Rent$2,500

Total Monthly Price$2,500
2 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

5809 Fifer Dr

AlexandriaVA22303

Penn Draw, Alexandria, VA Local Guide

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 Meadow Woods priced from $1,399. 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 apartments for rent in Washington, VA:

Apartment ListingModel NameBed/BathPriced From
Meadow WoodsPatrick Henry1BR,1BA$1,399
Lafayette Apartments<h3><center><b>One Bedroom</h3></center></b>1BR,1BA$1,399
Cityside Huntington MetroStudio 430 sq. ft.Studio,1BA$1,450
Haven Huntley Meadows1 Bedroom1BR,1BA$1,495
Longview2/1/D2BR,1BA$1,503

Best Value Apartments for Rent in Penn Draw, VA

As of September 09, 2026 the best value apartment in the Penn Draw area is the $2.75 price per square foot 3Bedroom 1.5Bathroom Model at Cherry Arms in the in the Gum Springs neighborhood starting from $2,695. The second greatest value Penn Draw apartment is the 211-5 Model at 211 West Street Apartments starting at $2,100 with a $2.33 price per square foot in the Northeast Alexandria neighborhood. Here is today’s list of the best values for Penn Draw apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cherry Arms3Bedroom 1.5Bathroom3BR,1.5BA$2.75
211 West Street Apartments211-52BR,1BA$2.33
Lafayette Apartments<h3><center><b>Two Bedroom</h3></center></b>2BR,1BA$2.07
Kings Gardens1Bedroom Den 1Bathroom1BR,1BA$2.04
Haven Huntley Meadows2 Bedroom2BR,1BA$2.31
Longview2/1/A2BR,1BA$1.89
The Shelby1 Bedroom 1 Bathroom1BR,1BA$2.73
Mount Vernon Square Apartment HomesOne Bedroom - 735 sqft1BR,1BA$2.27
Meadow WoodsWoodlawn1BR,1BA$2.08
The Residences at North Hill1 Bedroom1BR,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 Article
Decorative image

Navigating 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 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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Penn Draw

What type of rentals are currently available in Penn Draw?

There are currently 140 Apartments for Rent in Penn Draw, VA with pricing that ranges from $1,327 to $6,469. There are also 84 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 $3,406.

How much are larger Three and Four Bedroom Rentals in Penn Draw?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Penn Draw range from $2,280 to $4,063, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,650 to $6,300. Four Bedroom Single-Family rentals are also available starting from $3,350 and Four Bedroom Apartments start at $5,159.

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

decorative image for DC Metro Area Deep Dive: Comparing the Top Neighborhoods for Cost, Commute, and Quality of Life article

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.

decorative image for Discover DC: The Insider's Guide to Renting in Our Nations Capital article

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.

decorative image for The DC Housing Strategy: Balancing Career & Lifestyle Near Top Washington DC Area Employers article

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.

decorative image for Rent Smart in Washington DC: Best Neighborhoods to Rent for University Students article

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.