Last updated
Average Rent in Lyon Village & Rent Trends
Rent prices and market trends across 2 apartment communities in Lyon Village, Alexandria, VA. Updated daily.
Market Average
$2,917/mo
Lowest Available
$2,530/mo
cheapest unit on market
Communities
2
tracked daily
Units Listed
19
available now
Price Cuts This Week in Lyon Village
15 listed units across 2 buildings offering 1 bed units in Lyon Village dropped their asking rent in the past 7 days, an average cut of $60/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Virginia Square Apartments | Unit 0506, 1 Bedroom G | $2,657 | $2,577 | $80 |
| Virginia Square Apartments | Unit 1603, 1 Bedroom C | $2,863 | $2,783 | $80 |
| Virginia Square Apartments | Unit 1607, 1 Bedroom H | $2,885 | $2,805 | $80 |
| Virginia Square Apartments | Unit 0207, 1 Bedroom H | $2,612 | $2,537 | $75 |
| Virginia Square Apartments | Unit 0209, 1 Bedroom I | $2,662 | $2,587 | $75 |
| Virginia Square Apartments | Unit 1008, 1 Bedroom E | $2,697 | $2,622 | $75 |
| Virginia Square Apartments | Unit 1504, 1 Bedroom B | $2,775 | $2,700 | $75 |
| The Waycroft - Ballston Apartments | Unit 6, BH12 | $2,964 | $2,890 | $74 |
Lyon Village vs Alexandria, VA Average
Lyon Village is more expensive than the Alexandria, VA average by $540/mo (23%). The citywide average is $2,377/mo across all neighborhoods.
Is Rent Going Up or Down in Lyon Village?
As of September 2026, the average rent in Lyon Village is $2,917 per month across 2 apartment communities and 19 available units.
The most affordable option is Virginia Square Apartments starting at $2,530/mo. By unit type, a 1-bedroom averages $2,917/mo.
Prices range from $2,530 to $3,600 per month. The most common price point is the $3,000 range, where 6 units are currently listed.
Rent Price Distribution
Rent by Bedroom Type in Lyon Village
Rent Prices by Apartment in Lyon Village
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Virginia Square Apartments | $2,530/mo | $2,636/mo | 9 | 4.5 |
| The Waycroft - Ballston Apartments | $2,890/mo | $3,170/mo | 10 | 4.6 |
Frequently Asked Questions About Rent in Lyon Village
What is the average rent in Lyon Village?
Is rent going up or down in Lyon Village?
What is the cheapest apartment in Lyon Village?
How much is a 1-bedroom apartment in Lyon Village?
How many apartments are available in Lyon Village?
What salary do I need to live comfortably in Lyon Village?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$117,000/year
Based on the 30 percent rule, using our tracked average rent of $2,917/mo.
Comfortable income
$140,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($2,530/mo), you need to earn at least $101,000/year.
Median household income in Lyon Village is $113,638 , about 19% below the comfortable-living threshold.
Cost of living in Lyon Village
Overall prices in Lyon Village runs above the national average by about 10% (BEA Regional Price Parity index 109.5, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Lyon Village's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,917 |
| Utilities | $653 |
| Groceries | $574 |
| Transportation | $1,557 |
| Healthcare | $759 |
| Other goods and services | $1,215 |
| Estimated total | $7,675/mo |
Population
156,788
Median household income
$113,638
Census median rent
$2,031/mo
Rent as % of income
28.3%
Median age
37.5
Mean commute
29 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Lyon Village Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Lyon Village Apartments
Browse all 2 communities with daily-updated pricing and availability.