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Highlights

  • Off-street parking
  • Bike storage
  • Hardwood flooring
  • On-site parking
  • Additional storage
  • On-premises laundry facilities

Location

500 S Walter Reed Dr, Arlington, VA 22204, USA|Penrose
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Floor plans

1BR/1.0BA1 bed1 bath700 sqftWelcome to Walter Reed Apartments, your new home in the heart of Arlington, VA. Superbly located, less than one mile to the Clarendon Metro, and with Metro Bus access to the Metro Orange Line, this location puts Arlington at your fingertips. These stylish apartments are located in one of Arlington's attractive residential neighborhoods near the newly revitalized Columbia Pike development. Nearby you will find many new restaurants, gourmet food stores, and boutique shopping. The apartments offer a serene setting with close proximity to all the urban activities and quick access to Route 395, Route 50, and Columbia Pike. With outdoor communal spaces, off-street parking, and access to public transportation; Columbia Pike Apartments offers the convenance of city living with the comfort of a more suburban setting. Our apartments offer a unique blend of comfort and convenience with a range of amenities designed to enhance your living experience. Enjoy the communal backyard, perfect for socializing and relaxing, and take advantage of the grills for outdoor cooking. Inside, you'll find beautiful hardwood flooring that adds a touch of elegance to your living space. Our apartments also feature separate heating and AC, ensuring your comfort throughout the year. For those who need extra space, we offer additional storage options. We understand the importance of convenience, which is why we provide on-site parking and on-premises laundry facilities. And for the cycling enthusiasts, we have bike storage available. At Walter Reed Apartments, we've thought of everything to make your living experience as comfortable and enjoyable as possible.

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Long Branch Creek • 2350 26th Court South

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2400 Pennsylvania Avenue Apartments

Our team has verified this company

Foggy Bottom - GWU - West End • 2400 Pennsylvania Avenue Northwest

1 Bed

$2,241–$2,589

featured image of 2040 Columbia Pike

Dorchester Apartments

Our team has verified this company

Columbia Heights South • 2040 Columbia Pike

1 Bed

$1,840–$1,910

featured image of 3860 Columbia Pike

Westmont Gardens Apartments

Our team has verified this company

Douglas Park • 3860 Columbia Pike

1 Bed

$1,790

featured image of 925 25th Street Northwest

The 925 Apartments

Our team has verified this company

Foggy Bottom - GWU - West End • 925 25th Street Northwest

1 Bed

$2,299–$2,555

featured image of 2001 Columbia Pike

Dorchester Towers Apartments

Our team has verified this company

Penrose • 2001 Columbia Pike

1 Bed

$2,060–$2,100

featured image of 1345 South Capitol Street Southwest

Camden South Capitol

Our team has verified this company

SW Ballpark - Navy Yard • 1345 South Capitol Street Southwest

1 Bed

$2,239–$2,409

featured image of 1313 L Street Northwest

Balsa

Our team has verified this company

Downtown - Penn Quarter - Chinatown • 1313 L Street Northwest

1 Bed

$2,150–$3,500

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Avalon at Arlington Square

Our team has verified this company

Long Branch Creek • 2350 26th Court South

1 Bed

$1,736–$2,500

Rent trends in Penrose

Median rents as of Dec 6 2025.
Penrose
Arlington
A table of 1-bedroom apartment rental data trends in Arlington
MonthMedian Rent
December 2023$2,291
January 2024$2,299
February 2024$2,331
March 2024$2,331
April 2024$2,335
May 2024$2,384
June 2024$2,414
July 2024$2,418
August 2024$2,425
September 2024$2,422
October 2024$2,400
November 2024$2,357
December 2024$2,407
January 2025$2,438
February 2025$2,478
March 2025$2,523
April 2025$2,531
May 2025$2,483
June 2025$2,433
July 2025$2,372
August 2025$2,365
September 2025$2,342
October 2025$2,349
November 2025$2,316
December 2025$2,334
A table of 1-bedroom apartment rental data trends in Penrose
MonthMedian Rent
December 2023$1,655
January 2024$1,659
February 2024$1,800
March 2024$1,790
April 2024$1,744
May 2024$1,750
June 2024$1,800
July 2024$1,900
August 2024$1,725
September 2024$1,740
October 2024$1,781
November 2024$1,745
December 2024$1,700
January 2025$1,700
April 2025$2,290
May 2025$2,351
June 2025$2,171
July 2025$2,042
August 2025$1,951
September 2025$1,996
October 2025$2,058
November 2025$2,072
December 2025$2,087

Schools near Walter Reed Apartments

Alice West Fleet Elementary School

115 south old glebe rd

arlington, VA, 22204

PK, K-5Public
A

Campbell Elementary School

737 s carlin springs rd

arlington, VA, 22204

PK, K-5Public
A-
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Internet available near Walter Reed Apartments

Getting around Arlington near 500 S Walter Reed Dr

Walking

7/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

6/10
This area is close to freeways and has adequate parking options.

Cycling

8/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

7/10
Popular public transit options are just a short walk from this location.

Points of interest for 500 S Walter Reed Dr, Arlington

Groceries

8/10
At least one supermarket within a 15-minute walk

Shopping

6/10
Several shops within a few minutes’ walk

Cafes

5/10
Some cafés within a few minutes’ walk

Restaurants

7/10
Variety of restaurants within a few minutes' walk

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

9/10
At least one high school within a 5-minute walk

Nightlife

4/10
Some bars within walking distance

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