Last updated
Average Rent in Old Town & Rent Trends
Rent prices and market trends across 6 apartment communities in Old Town, Alexandria, VA. Updated daily.
Market Average
$2,157/mo
▲ +7.2% from last month
Lowest Available
$1,610/mo
cheapest unit on market
Communities
6
tracked daily
Units Listed
83
available now
Old Town vs Alexandria, VA Average
Old Town is cheaper the Alexandria, VA average by $171/mo (7%). The citywide average is $2,328/mo across all neighborhoods.
Is Rent Going Up or Down in Old Town?
As of July 2026, the average rent in Old Town is $2,157 per month across 6 apartment communities and 83 available units. Rents have increased $169 (7.2%) over the past month.
The most affordable option is Carousel Court starting at $1,610/mo. By unit type, a 1-bedroom averages $2,157/mo.
Prices range from $1,610 to $2,893 per month. The most common price point is the $1,800 range, where 40 units are currently listed.
Old Town Rent Price History
Rent Price Distribution
Rent by Bedroom Type in Old Town
Rent Prices by Apartment in Old Town
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Carousel Court | $1,610/mo | $1,610/mo | 1 | 4.7 |
| Grandview Apartments | $1,720/mo | $1,720/mo | 1 | 4.2 |
| Skyline Towers Apartments | $1,807/mo | $1,884/mo | 37 | 3.9 |
| Mission Lofts | $1,962/mo | $2,244/mo | 6 | 3.9 |
| Three Collective | $1,999/mo | $2,445/mo | 12 | 4.3 |
| Alta NOVA | $2,110/mo | $2,430/mo | 26 | 4.6 |
Google Search Trends for Old Town Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Old Town
What is the average rent in Old Town?
Is rent going up or down in Old Town?
What is the cheapest apartment in Old Town?
How much is a 1-bedroom apartment in Old Town?
How many apartments are available in Old Town?
What salary do I need to live comfortably in Old Town?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$86,000/year
Based on the 30 percent rule, using our tracked average rent of $2,157/mo.
Comfortable income
$104,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,610/mo), you need to earn at least $64,000/year.
Median household income in Old Town is $113,638 , about 10% above the comfortable-living threshold.
Cost of living in Old Town
Overall prices in Old Town runs above the national average by about 10% (BEA Regional Price Parity index 109.5, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Old Town's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,157 |
| Utilities | $653 |
| Groceries | $574 |
| Transportation | $1,557 |
| Healthcare | $759 |
| Other goods and services | $1,215 |
| Estimated total | $6,915/mo |
Population
156,788
Median household income
$113,638
Census median rent
$2,031/mo
Rent as % of income
28.3%
Median age
37.5
Mean commute
29 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Explore Old Town Apartments
Browse all 6 communities with daily-updated pricing and availability.