rent

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.

A springtime uptick is expected, but for now, Alexandria apartment rental costs are running below last year’s rates.

The median apartment rental cost of $2,187 in the city was down 2.8% year-over-year in February, according to data reported by Apartment List. Median city rental rates were $2,003 for one-bedroom units and $2,460 for two bedrooms.

Despite a year-over-year decline, apartment rents in Alexandria remain above the regional average, according to new data.

The overall median rental rate of $2,166 in the city was down 2.7% year-over-year in January, according to figures reported Jan. 28 by Apartment List. But it remained 2.3% above the median metro-area rate of $2,116 for the month.

Alexandria closed out 2025 with median apartment rental rates down 2.5% from the start of the year — the first annual decline in five years.

The 2.5% dip is more than twice the rate of decline across the metro area, with Alexandria pushed down in part by a 1.1% drop in median rents from November to December.

Alexandria’s apartment rental costs have cooled over the past year, but remain well above pandemic-era lows.

The city’s median apartment-rental rate in November was $1,996 for a one-bedroom unit, $2,452 for two bedrooms and $2,179 for all units, according to the monthly data analysis by Apartment List.