2 Days Ago
Highlights
- Hardwood floors
- Private patio
- Well-appointed kitchen
- In-unit washer and dryer
- Coveted locations
- Recessed lighting
Location
123 S Fayette St, Alexandria, VA 22314, USA|Old Town
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Property Overview
Located in a highly desirable area, this property is characterized by its charming historical architecture and modern amenities, offering a unique blend of old-world charm and contemporary living. Its proximity to vibrant local parks and bustling markets enhances its appeal, making it great for those who appreciate walkable neighborhoods and diverse community offerings. Additional standout features include spacious interiors and a well-maintained outdoor space, contributing to an inviting atmosphere.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space- Elementary school nearby
- Images Available
Great for
Social life
Amenities for 123 S Fayette St, Old Town
Apartment Amenities
| 2 Floors | Central Air |
| Hardwood Floor |
Appliances
| In-Unit Laundry |
Building
| Exterior Type: Brick |
Services
| Package Service |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
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About 123 S Fayette St
Property Status: Active Located on the iconic corner of Prince and Fayette Streets, this adorable and oversized 2-bedroom, 2-bath residence sits in the very heart of Old Town Alexandria - steps from shops, restaurants, and everything that makes the neighborhood so special. The home lives like a duplex, with two separate entrances, offering rare flexibility that's perfect for working from home, hosting guests, or accommodating friends and family while still maintaining privacy. Thoughtfully renovated throughout, the property features hardwood floors, recessed lighting, a well-appointed kitchen, and two updated full bathrooms. The ground level includes a charming wet bar, ideal for entertaining or creating a secondary living space, while the convenience of in-unit washer and dryer makes everyday living effortless. Out front, a private patio provides the perfect spot to enjoy morning coffee or unwind in the evening. A unique opportunity to own a character-filled home in one of Old Town's most coveted locations, this is city living at its best, with flexibility, charm, and walkability rarely found in one package. Office Phone: (703) 999-5442 Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 123 S Fayette St compares to other nearby properties.
Positives
- More space
- The 2-bedroom is 628 sqft larger than other listings nearby
- Elementary school nearby
- There is an elementary school 0.2 mile away
- Images Available
- There are at least 10 photos of this address
- Package service
- More secure storage for delivery
Considerations
- No in-unit dishwasher
- Dishwashers aren't available
Address details
| Neighborhood | Old Town |
|---|---|
| Zip code | 22314 |
| Type | House for rent |
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Rent trends in Old Town
2-bedroom apartments at 123 S Fayette St cost about 46% more than the average rent price for 2-bedroom apartments in Alexandria.
Median rents as of Feb 7 2026.
Old Town
Alexandria
| Month | Median Rent |
|---|---|
| February 2024 | $2,500 |
| March 2024 | $2,597 |
| April 2024 | $2,542 |
| May 2024 | $2,642 |
| June 2024 | $2,606 |
| July 2024 | $2,590 |
| August 2024 | $2,600 |
| September 2024 | $2,587 |
| October 2024 | $2,520 |
| November 2024 | $2,550 |
| December 2024 | $2,620 |
| January 2025 | $2,622 |
| February 2025 | $2,721 |
| March 2025 | $2,715 |
| April 2025 | $2,848 |
| May 2025 | $2,990 |
| June 2025 | $2,992 |
| July 2025 | $2,960 |
| August 2025 | $2,933 |
| September 2025 | $2,834 |
| October 2025 | $2,813 |
| November 2025 | $2,782 |
| December 2025 | $2,713 |
| January 2026 | $2,742 |
| February 2026 | $2,774 |
| Month | Median Rent |
|---|---|
| April 2024 | $3,200 |
| May 2024 | $3,066 |
| June 2024 | $3,681 |
| July 2024 | $3,536 |
| August 2024 | $4,044 |
| September 2024 | $3,675 |
| October 2024 | $4,218 |
| November 2024 | $4,258 |
| December 2024 | $4,616 |
| January 2025 | $4,666 |
| February 2025 | $4,650 |
| March 2025 | $3,466 |
| April 2025 | $3,781 |
| May 2025 | $4,010 |
| June 2025 | $4,000 |
| July 2025 | $4,125 |
| August 2025 | $4,007 |
| September 2025 | $3,845 |
| October 2025 | $4,007 |
| November 2025 | $4,000 |
| December 2025 | $3,975 |
| January 2026 | $3,671 |
| February 2026 | $3,848 |
Affordability calculator
Can I afford to live at 123 S Fayette St?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$236,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $236,000 annually to afford this 2-bedrooms monthly rent price of $5,900.
For more information on rent affordability, visit our rent calculator.
Schools near 123 S Fayette St
Ferdinand T. Day Elementary
1701 n beauregard st
alexandria, VA, 22311
PK, K-5Public
C
Early Childhood Center
5651 rayburn ave
alexandria, VA, 22311
PKPublic
Montessori Public School of Arlington
701 s highland st
arlington, VA, 22204
PK, K-5Public
A-
Excel Academy
2501 martin luther king jr ave se
washington, DC, 20020
PK, K-8Public
C
Integration Station
4420 fairfax dr
arlington, VA, 22203
PKPublic
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Internet available near 123 S Fayette St
Getting around Alexandria near 123 S Fayette St
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
7/10
Popular public transit options are just a short walk from this location.
Points of interest for 123 S Fayette St, Alexandria
Groceries
9/10
At least one supermarket within a 10-minute walk
Shopping
8/10
Wide variety of shops within a few minutes' walk
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
8/10
Variety of restaurants within a few minutes' walk
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Parks
9/10
Exceptionally large amount of park space within a few minutes’ walk
Nightlife
5/10
Some bars within a few minutes’ walk
Explore the area around 123 S Fayette St
Whole Foods Market
1700 Duke St
Safeway
500 S Royal St
Trader Joe's
612 N Saint Asaph St
Community Market
1006 Madison St
Harris Teeter
735 N Saint Asaph St
Dash's of Old Town
1114 King St
Imagine Artwear
1124 King St
J.McLaughlin
1125 King St
Lilly Pulitzer
1123 King St
Lotus Blooms LLC
1017 King St
Killer Esp
1012 King St
Prince & Branch
1320 Prince St
Via Volcan Coffee
110 S West St
Uptowner Cafe
1609 King St
Starbucks
532 King St
Vermilion
1120 King St
The Study
116 S Alfred St
Rock It Grill
1319 King St
Don Taco
808 King St
Alexandria Bier Garden
710 King St
Alexandria Cupcake
1022 King St
Shuman's Bakery
1022 King St
Fresh Baguette
1101 King St
Lady Camellia Pastry-Tea Room
229 Strand St
Rolling Sloanes Bakery
1122 Prince St.
1020 Prince St.
219 S. Alfred Street
115-117 S. Alfred St.
1007 King St.
Augie's Mussel House & Beer Garden
1106 King St
Los Cuades Restaurant
1116 King St
Vaso's Mediterranean Bistro
1118 King St
Vermilion
1120 King St
Thompson Italian
1024 King St
King St / South Fayette St
Van Dorn Metro - Whiting St - Duke St - King St Metro - Old Town Circulator - Braddock Metro, Nvcc - King St - King St Metro - Old Town Circulator - Braddock Metro, King Street Trolley
King St / North Fayette St
King Street Trolley, Van Dorn Metro - Whiting St - Duke St - King St Metro - Old Town Circulator - Braddock Metro, Nvcc - King St - King St Metro - Old Town Circulator - Braddock Metro
King St / Patrick St
Nvcc - King St - King St Metro - Old Town Circulator - Braddock Metro, Van Dorn Metro - Whiting St - Duke St - King St Metro - Old Town Circulator - Braddock Metro, King Street Trolley
King St / North Patrick St
Van Dorn Metro - Whiting St - Duke St - King St Metro - Old Town Circulator - Braddock Metro, King Street Trolley, Nvcc - King St - King St Metro - Old Town Circulator - Braddock Metro
King St / South Alfred St
Van Dorn Metro - Whiting St - Duke St - King St Metro - Old Town Circulator - Braddock Metro, Nvcc - King St - King St Metro - Old Town Circulator - Braddock Metro
Alexandria
Fredericksburg Line, Manassas Line
Crystal City
Fredericksburg Line, Manassas Line
L Enfant
Fredericksburg Line, Manassas Line
King St-Old Town
Metrorail Yellow Line, Metrorail Yellow Line, Metrorail Blue Line, Metrorail Blue Line
Braddock Rd
Metrorail Yellow Line, Metrorail Yellow Line, Metrorail Blue Line, Metrorail Blue Line
Eisenhower Ave
Metrorail Yellow Line
Eisenhower Ave
Metrorail Yellow Line
Huntington
Metrorail Yellow Line, Metrorail Yellow Line
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