City Report · VA

Alexandria

Pop. 156,976·26th most expensive in Virginia·Rental market data updated monthly for Alexandria, VA
Median rent (all units)
$2,318/mo
Year-over-Year
+3.7%
Month-over-Month
+1.2%
vs US Median
+$353
Rising (Monthly)
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Most AffordableMost Expensive
Alexandria · $2,318
More expensive than 73% of US cities · National median $1,965/mo
Rent Reality Score
46/100
Fairly priced
OverheatedFairGreat value

Rents are right about where Alexandria's 10-year trend predicts.

Actual rent
$2,318/mo
Expected by trend
$2,277/mo
The Rent Reality Score compares today's median rent to where Alexandria's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$2,249
1 BR
$2,297
2 BR
$2,584
3 BR
$3,231
4 BR+
$3,810
Research median
$2,584/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$27,816/yr
At $2,318/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.7% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.7% YoY, +1.2% MoM), not inventory.
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Demographics

Who lives here

Alexandria, VA is majority renter-occupied, has a median income above the national average, 66.2% of residents hold a bachelor's degree or higher.

Population
156,976
Median income
$119,681
Median age
37.7
Renters
57.9%
Age distribution
18.1%
25.8%
32%
13%
Under 1818.1%
18–3425.8%
35–5432%
55–6411.1%
65+13%
Gender
48.5%
51.5%
Male48.5%
Female51.5%
Race & ethnicity
51%
21.3%
18.3%
White51%
Black21.3%
Hispanic18.3%
Asian6.4%
Other2.9%
Education (25+)
16.2%
66.2%
No HS diploma7%
HS diploma10.7%
Some college16.2%
Bachelor's+66.2%
Housing tenure
42.1%
57.9%
Owner42.1%
Renter57.9%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Alexandria, VA has changed in 5 years

Rent
$1,781 → $2,318
up 30.2%
Income
$105,450 → $119,681
up 13.5%
Population
158,185 → 156,976
down 0.8%
Renter share
57.1% → 57.9%
+0.8 pts
Bachelor's+
65.2% → 66.2%
+1.0 pts
Median age
37.1 → 37.7
+0.6 yrs

Five years ago, renters in Alexandria, VA paid around $1,781 a month. That figure now sits near $2,318, up 30.2% from the 2021 baseline. Median household income climbed from $105,450 to $119,681 between 2021 and 2024, a 13.5% shift. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Taken together, the five-year picture in Alexandria, VA reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

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View Alexandria rent history (2015–2026) →
Salary vs rent

Can you afford rent in Alexandria on your salary?

At $2,318/mo, how Alexandria rent compares to typical pay (30% rule).

By apartment size

Alexandria rent by bedroom count

Median rent for each apartment size in Alexandria. Click any size for full breakdown.

Local insights

Tips for renters in Alexandria

About renting in Alexandria, VA

Last updated: July 20, 2026

The median rent in Alexandria is $2,318/mo as of July 2026. A studio apartment averages $2,249/mo while a 2-bedroom runs $2,584/mo. One-bedroom apartments average $2,297/mo and 3-bedroom units go for $3,231/mo.

At 23% of local median household income ($119,681/yr), Alexandria ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.7% over the past year.

FAQ

Frequently asked questions

Is Alexandria an affordable city for renters?

Alexandria is considered very affordable for renters. At $2,318/mo, rent takes approximately 23% of the local median household income ($119,681/yr). The standard benchmark is 30%. Alexandria falls comfortably within that range.

How much income do you need to rent in Alexandria?

To keep rent at or below 30% of gross income, you would need to earn at least $93,000/year (~$45/hour full-time) to afford the median rent of $2,318/mo in Alexandria. The local median household income is $119,681/yr, meaning the typical Alexandria household meets that threshold.

Is rent going up or down in Alexandria?

Rent in Alexandria has increased 3.7% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Alexandria neighborhoods have the lowest rent?

The most affordable ZIP codes in Alexandria are 22311 ($1,806/mo), 22304 ($2,029/mo), and 22306 ($2,044/mo). Citywide, the median rent in Alexandria is $2,318/mo.

How does Alexandria rent compare to other cities in Virginia?

Alexandria is one of the pricier cities in Virginia for rent, ranking #26 out of 83 tracked cities at $2,318/mo.

Which nearby cities are cheaper to rent in than Alexandria?

Several nearby cities have lower median rents than Alexandria ($2,318/mo): Lincolnia ($2,156/mo), Huntington ($2,202/mo).

What percentage of Alexandria residents rent vs. own?

According to Census data, approximately 57.9% of Alexandria households are renters, while 42.1% are owner-occupied. With a majority renter population, Alexandria has a strong rental market.

How does Alexandria rent compare to the national average?

Alexandria's median rent of $2,318/mo is $353 (18%) above the US national median of $1,965/mo. Within Virginia, it ranks #26 out of 83 tracked cities.
Income Affordability
23%
VERY AFFORDABLE

At $2,318/mo, rent takes ~23% of Alexandria's median household income ($119,681/yr). The standard benchmark is 30%.

Alexandria 23%Benchmark 30%
State income tax2–5.75%
Run the Alexandria affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Alexandria, VA

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