5+ 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
With hardwood floors and a well-appointed kitchen, the property features a private patio and in-unit washer and dryer for added convenience. Its prime location is enhanced by a nearby top-rated elementary school and extensive transit options, making it ideal for an active social life amidst diverse age groups. Additionally, the value per square foot places it in the 95.35 percentile, underscoring its appeal in the vibrant community surrounded by parks and recreation options.
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
Features
| 2 Floors | Central Air |
| Hardwood Floor |
Appliances
| In-Unit Laundry |
Community
| 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 614 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 16% more than the average rent price for 2-bedroom apartments in Alexandria.
Median rents as of Mar 28 2026.
Old Town
Alexandria
| Month | Median Rent |
|---|---|
| April 2024 | $2,516 |
| 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 | $2,789 |
| March 2026 | $2,765 |
| 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 | $4,056 |
| March 2026 | $4,387 |
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
$220,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $220,000 annually to afford this 2-bedrooms monthly rent price of $5,500.
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
9/10
No car? No problem. Everything you need is within a few blocks.
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
8/10
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
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