Alexandria, VA

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Alexandria short-term rental market based on reliable data.

Listings

381 / 841

Reliable / Active

Cap Rate

7%

Middle-Earners Gross Yield

Revenue

$48,413

Middle-Earners Revenue

Occupancy

73%

Middle-Earners Occupancy

Home Value

$665,724

Median Home Sale Price

Top Earners

$101,316

Top-Earners Revenue

Alexandria

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Alexandria.

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C

Challenging to Investors

Alexandria Regulations

Alexandria explicitly allows STRs but imposes a multi-step permitting process, safety/operational requirements, parking and occupancy caps, neighbor/HOA notifications, two lodging taxes, and strict, multi-violation enforcement, creating a challenging compliance burden for investors.

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About Alexandria

Overview of Alexandria, VA

Alexandria, Virginia, is an independent city situated along the western bank of the Potomac River, approximately 7 miles (11 kilometers) south of downtown Washington, D.C. As of the 2020 U.S. Census, the population stands at roughly 159,200 residents. Known for its rich history, Alexandria is a vibrant urban hub that mixes colonial heritage with contemporary living.

Population and Proximity to Major Cities

With a population of about 159,200 people, Alexandria boasts a diverse community, blending residential comforts with urban amenities. The city's proximity to Washington, D.C. – less than 10 miles away – makes it an attractive locale for short-term rentals, especially for business travelers, tourists, and those visiting family members in the capital.

Landmarks and Attractions

Alexandria offers a range of notable landmarks and attractions, many of which underscore its historical significance and cultural richness. Here are some key sites:

  • Old Town Alexandria: This historic district features preserved 18th- and 19th-century buildings, cobblestone streets, and the bustling waterfront. For more information, visit Visit Alexandria's Old Town.
  • George Washington Masonic National Memorial: A monument and museum dedicated to the first President of the United States, it is one of Alexandria's most striking landmarks. More details can be found at GW Masonic National Memorial.
  • Carlyle House Historic Park: This 18th-century mansion offers a glimpse into colonial life and occasionally hosts historical reenactments. Visit their page at Carlyle House.
  • Torpedo Factory Art Center: Once a naval munitions factory, it now houses artist studios and galleries. Discover more at Torpedo Factory Art Center.

Appeal for Short-Term Rentals

Alexandria's appeal for short-term rentals is multifaceted. Its proximity to Washington, D.C. allows visitors easy access to the capital's numerous attractions while offering a more relaxed and quaint environment. The city's well-preserved historic districts provide a unique and charming backdrop for visitors.

Old Town Alexandria, with its variety of shops, restaurants, and waterfront activities, is a particularly desirable area for short-term stays. Additionally, Alexandria's strong public transportation links, including the Washington Metro system and Amtrak services at Alexandria Union Station, ensure convenient travel within and beyond the city.

Conclusion

Alexandria, VA, presents an attractive option for short-term rentals due to its historical charm, proximity to Washington, D.C., and rich array of local attractions. Whether visitors are in town for business or leisure, the city offers a plethora of experiences that cater to a wide range of interests. For those considering short-term rentals, Alexandria stands out as a compelling choice.

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