The Grayson
1215 N Fayette St,
Alexandria, VA 22314
$2,618 - $4,075 | 1-2 Beds
Residents of Northeast Alexandria enjoy a richly historic neighborhood with small-town charm and luxury amenities. Located on the opposite side of the Potomac River from Washington D.C., Northeast Alexandria is a great place to call home because of its quick commutes to the capital and Downtown Alexandria attractions.
Northeast Alexandria has something for everyone – from a thriving arts scene to ample eateries and bars. Tree-lined streets and pocket parks encompass the area, and lush landscaping and gorgeous apartments enhance the neighborhood’s beauty.
Local businesses like nail salons and Rustico Restaurant make this community their home. Residents enjoy walking and biking the Potomac Yard Trail which leads to scenic Tide Lock Park. From direct access to the subway’s Braddock Road Station to Ronald Regan International Airport, this community has it all!
As of July 2025, the average apartment rent in Northeast Alexandria is $1,734 for a studio, $1,859 for one bedroom, and $2,395 for two bedrooms. Apartment rent in Northeast Alexandria has decreased by -6.1% in the past year.
Studio
464 sq ft
Average Sq Ft
$1,734/month
Average Rent
1 BR
659 sq ft
Average Sq Ft
$1,859/month
Average Rent
2 BR
940 sq ft
Average Sq Ft
$2,395/month
Average Rent
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Good Transit
out of 100 TransitScore® Rating
The area around this property has good transit with many nearby transportation options.
Biker's Paradise
out of 100 BikeScore® Rating
Do you prefer to get around on two wheels? You’ll love living in this neighborhood, which is considered a biker’s paradise.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.