The Grayson
1215 N Fayette St,
Alexandria, VA 22314
$2,486 - $3,595 Total Monthly Price
1-2 Beds
Old Town
Alexandria, VA
Old Town - Alexandria, VA Area Guide
Old Town’s historic market is steeped in charm and fresh goods!
Charming
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History
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Live Music
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Architecture
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Boating
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Museum
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Virginia
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Old Town sits across from Washington DC, along the Potomac River in Alexandria. Founded in 1749, the old charm of the neighborhood lives on in converted Colonial-era buildings which now house modern conveniences. Along Old Town’s cobblestone streets, you’ll discover an array of independent boutiques, artisan shops, wine bars, and farm-to-fork restaurants.
The farmers market in Market Square is your place for fresh cut flowers, hand-dipped candles, and made-from-scratch baked goods. The plaza is more than 250 years old - George Washington’s Mount Vernon estate was a regular vendor back in the day!
King Street is not only dotted with eateries and shops, but also nightlife and live jazz! The iconic Gadsby’s Tavern on North Royal Street fed many early presidents and continues to run as a restaurant - but also as a museum! King Street and Waterfront Parks provide residents recreational and boating opportunities along the river.
Rent Trends
As of May 2026, the average apartment rent in Old Town is $1,809 for a studio, $2,578 for one bedroom, $3,510 for two bedrooms, and $4,724 for three bedrooms. Apartment rent in Old Town has decreased by 0.0% in the past year.
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Studio
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469 sq ft
Average Sq Ft
-
$1,809/month
Average Rent
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1 BR
-
714 sq ft
Average Sq Ft
-
$2,578/month
Average Rent
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2 BR
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1,031 sq ft
Average Sq Ft
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$3,510/month
Average Rent
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3 BR
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1,309 sq ft
Average Sq Ft
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$4,724/month
Average Rent
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Old Town - Alexandria, VA is for everyday living.
Moderately Walkable
Walkability
70
/ 100
Strong Public Transit
Transit
80
/ 100
Exceptionally Drivable
Drivability
90
/ 100
Fairly Bikeable
Bikeability
50
/ 100
Daily Essentials
In Old Town - Alexandria, VA, daily errands are quick and hassle-free.
Supermarket Within a 5 Minute Walk
Groceries
90
/ 100
Great Restaurant Variety Nearby
Restaurants
80
/ 100
Good Café Variety Nearby
Cafes
60
/ 100
Exceptional Variety of Shops Nearby
Shopping
90
/ 100
Recreation
Old Town - Alexandria, VA provides ample green space and fitness centers within easy reach.
Exceptional Amount of Park Space Nearby
Parks
90
/ 100
Exceptional Wellness Amenity Variety Nearby
Wellness
90
/ 100
Local Vibe
Get a sense of what it’s like to live in Old Town - Alexandria, VA from everyday activity to noise and nightlife.
Vibrant Atmosphere at Times
Vibrancy
50
/ 100
Fair Nightlife Variety Nearby
Nightlife
50
/ 100
Scores provided by
Points of Interest
Shopping Centers
Parks and Recreation
- Carlyle House Historic Park
- Alexandria Archaeology Museum
- Tuckahoe Park
- George Washington Memorial Parkway/Dyke Marsh Wildlife Preserve
- Four Mile Run Park
Commuter Rail
Military Bases
Airports
- Ronald Reagan Washington Ntl
- Washington Dulles International
Top Apartments in Old Town
Houses for Rent in Old Town
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Methodology
† 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 February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.