Alexandria’s median apartment rental cost is up 3.7% since the start of the year and stands about 3.6% higher than the metro area’s median costs, according to new data.
The city’s median apartment rental cost of $2,239 in May — $2,050 for one-bedroom units and $2,518 for two bedrooms — was up 0.6% from April, another sign that the market ramped up as winter gave way to spring.
This story was updated with additional details and a new rendering from a Carr spokesperson.
Plans for a new Italian restaurant and a café are progressing in Old Town North, with both expected to open early next year.
The Alexandria real estate market saw a strong start to spring, with April sales up 33% year over year.
A total of 217 properties went to closing during the month, according to data from MarketStats by ShowingTime.
Alexandria’s median apartment rent rose for the fourth consecutive month in April but stands 3% lower than at the same point in 2025, according to new data.
The median apartment rental rate was $2,224 for the month — $2,040 for one-bedroom units and $2,506 for two bedrooms — according to new data from Apartment List.
Numerous pieces of legislation from Alexandria lawmakers are officially set to become law or are heading back to the General Assembly with amendments after action by Gov. Abigail Spanberger (D).
Among the approximately 1,200 bills passed out of the 2026 session, legislation on guns, housing, the national popular vote, energy and immigration enforcement all came by way of state senators and delegates representing Alexandria. Most signed bills will take effect on July 1, 2026, unless otherwise specified.
First-quarter home sales were flat across Alexandria while pricing data was mixed, according to new data.
A total of 401 city properties went to closing between Jan. 1 and March 31, up three homes — 0.8% — from the 398 transactions during the same period a year before, according to data reported April 11 by MarketStats by ShowingTime.
Alexandria’s median apartment rental rate in March was up 2.5% during the first quarter of 2026 but remains 2.7% below where it stood a year ago.
The median citywide rental rate was $2,032 for one-bedroom units, $2,497 for two bedrooms and $2,219 overall, according to figures reported March 30 by Apartment List.
After more than 1,200 bills passed in the Virginia General Assembly, Gov. Abigail Spanberger has signed the first set of bills tackling several areas of affordability.
The governor’s action marks the first major set of bills signed from the 2026 General Assembly session. Spanberger had previously signed voter referendum legislation allowing mid-decade congressional redistricting to go before voters on April 21. The signed bills address housing, health care and energy.
A bill that would make it easier for churches to pursue affordable housing development on their properties is on its way to Gov. Abigail Spanberger (D). An Alexandria church leader whose church brought affordable housing to its property says the bill would help churches that have faced greater challenges with getting local approval.
The “Faith in Housing” bill would remove the rezoning step for faith-based organizations and other tax-exempt organizations seeking to develop housing on their land. Under the bill, the developments must be at least 60 percent affordable units for a minimum of 30 years. Church-based developments would be subject to property tax unless the locality chooses to exempt them.
A modestly solid start to home sales across the city in 2026 could be complicated by Middle East war anxiety.
Home sales in Alexandria totaled 116 for February, according to figures reported March 10 by MarketStats by ShowingTime. That’s up 1.8%, from sales in February 2025.
Despite opposition from Alexandria and other Northern Virginia localities, bills permitting by-right multifamily development in commercial zones are advancing in the Virginia General Assembly.
HB 816 by Del. Dan Helmer (D-10) and SB 454 by state Sen. Schuyler VanValkenburg (D-16) would require local zoning ordinances to permit by-right multifamily and mixed-use residential development on a portion of commercial or business zoning district land. The amended bills calls for localities to allow by-right development on at least 50% of commercially zoned land, which is less than the 75% originally proposed.
