Last updated
Average Rent in Lyon Village & Rent Trends
Rent prices and market trends across 3 apartment communities in Lyon Village, Alexandria, VA. Updated daily.
Market Average
$2,959/mo
Lowest Available
$2,505/mo
cheapest unit on market
Communities
3
tracked daily
Units Listed
31
available now
Price Cuts This Week in Lyon Village
3 listed units across 2 buildings in Lyon Village dropped their asking rent in the past 7 days, an average cut of $104/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| The Waycroft - Ballston Apartments | Unit 4, Hays | $2,950 | $2,737 | $213 |
| Virginia Square Apartments | Unit 1205, 1 Bedroom D | $2,726 | $2,641 | $85 |
| Virginia Square Apartments | Unit 1114, 2 Bedrooms G | $3,833 | $3,818 | $15 |
Lyon Village vs Alexandria, VA Average
Lyon Village is more expensive the Alexandria, VA average by $611/mo (26%). The citywide average is $2,348/mo across all neighborhoods.
Is Rent Going Up or Down in Lyon Village?
As of July 2026, the average rent in Lyon Village is $2,959 per month across 3 apartment communities and 31 available units.
The most affordable option is 672 Flats starting at $2,505/mo. By unit type, a studio averages $2,695/mo, a 1-bedroom averages $2,773/mo, a 2-bedroom averages $3,537/mo, a 3-bedroom averages $2,676/mo.
Prices range from $2,505 to $3,986 per month. The most common price point is the $2,600 range, where 18 units are currently listed.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Lyon Village
Rent Prices by Apartment in Lyon Village
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| 672 Flats | $2,505/mo | $2,829/mo | 10 | 4.3 |
| Virginia Square Apartments | $2,597/mo | $3,072/mo | 18 | 4.5 |
| The Waycroft - Ballston Apartments | $2,676/mo | $2,717/mo | 3 | 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
$118,000/year
Based on the 30 percent rule, using our tracked average rent of $2,959/mo.
Comfortable income
$142,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($2,505/mo), you need to earn at least $100,000/year.
Median household income in Lyon Village is $113,638 , about 20% 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) | $2,959 |
| Utilities | $653 |
| Groceries | $574 |
| Transportation | $1,557 |
| Healthcare | $759 |
| Other goods and services | $1,215 |
| Estimated total | $7,717/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 3 communities with daily-updated pricing and availability.