
Cheap Apartments for Rent in the Penn Draw Neighborhood of Alexandria, VA from $500 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the Penn Draw area of Alexandria.


Cityside Huntington Metro

Mount Vernon Square Apartment Homes

The Point at Eisenhower Square

The Residences at North Hill

Lafayette Apartments

Beacon Hill
Penn Draw, Alexandria, VA Local Guide

How much does it cost to rent an apartment in Penn Draw?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Penn Draw Studio Apartments | $2,398 | $1,395 | $7,021 |
Penn Draw 1 Bedroom Apartments | $2,463 | $1,530 | $10,000+ |
Penn Draw 2 Bedroom Apartments | $3,179 | $1,810 | $10,000+ |
Penn Draw 3 Bedroom Apartments | $3,567 | $2,218 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 19 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 $1,410. Riverside Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,471. Here are the most affordable Penn Draw apartments for rent in Washington, VA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Cityside Huntington Metro | Classic Interior 366 | Studio,1BA | $1,410 |
Riverside Apartments | Studio-Classic Executive S1B | Studio,1BA | $1,471 |
Mount Vernon Square Apartment Homes | One Bedroom - 665 sqft | 1BR,1BA | $1,530 |
The Residences at North Hill | 1 Bedroom | 1BR,1BA | $1,611 |
Lafayette Apartments | 1 Bedroom+Den | 1BR,1BA | $1,660 |
Best Value Apartments for Rent in Penn Draw, VA
As of April 13, 2025 the best value apartment in the Penn Draw area is the $2.38 price per square foot The Blakely Model at The Reserve at Eisenhower in the in the Maple Grove Estates neighborhood starting from $2,624. The second greatest value Penn Draw apartment is the Selkirk Model at Carlyle Mill starting at $2,647 with a $2.50 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Reserve at Eisenhower | The Blakely | 2BR,2BA | $2.38 |
Carlyle Mill | Selkirk | 2BR,2BA | $2.50 |
Kings Gardens | 1Bedroom Den 1Bathroom | 1BR,1BA | $2.21 |
Haven Huntley Meadows | 2 Bedroom | 2BR,1BA | $2.60 |
Mount Vernon Square Apartment Homes | One Bedroom - 735 sqft | 1BR,1BA | $2.15 |
Lafayette Apartments | 1 Bedroom | 1BR,1BA | $2.29 |
The Courts at Huntington Station | One Bedroom A1B2 | 1BR,1BA | $2.71 |
Rose Hill Apartments | The Oronoco | 1BR,1BA | $2.89 |
Cherry Arms | 1Bedroom 1Bathroom | 1BR,1BA | $2.66 |
The Residences at North Hill | 1 Bedroom | 1BR,1BA | $2.41 |
Quick Rent Budget Calculator
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Pet Friendly LifestylePenn Draw, Alexandria, VA
Ranked #29
Among neighborhoods in Alexandria, VA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Penn Draw, Alexandria, VA
School data provided by Great Schools
Frequently Asked Questions about Cheap Penn Draw Apartments
What is a cheap apartment in Penn Draw?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Penn Draw is under $1,783.
What is the price of a cheap apartment in Penn Draw?
The cheapest apartment in Penn Draw is Mount Vernon Square Apartment Homes which is listed at $1,530, while the average apartment in Penn Draw costs $2,698.
What types of apartments are the cheapest in Penn Draw?
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 77 regular apartments in Penn Draw 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?
Cheap apartments in Penn Draw have an average cost of $209 which is $2,489 cheaper than the average rent for all rentals in Penn Draw.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.