What This Budget Buys in Each
In Old Town Alexandria $700K to $900K today is mostly one to two bedroom condos and small historic walkups near King Street and the waterfront. In Del Ray the same range buys two to three bedroom townhomes and updated 1940s to 1960s colonials with a small yard and often a garage pad. Both sit inside Alexandria City with similar median context in 2026.
Walkability and Metro by Block
Walkability sorts quickly. Old Town core within a half mile of King Street Metro scores highest for daily errands without a car, with the free King Street Trolley helping the last half mile. Del Ray centers on Mount Vernon Avenue with coffee, groceries and parks in a five minute walk, and sits eight to twelve minutes by bike to Braddock Road or Potomac Yard Metro which opened in 2023.
Monthly Cost Beyond List Price
Monthly cost is not just mortgage. Old Town mid rise condos often run $350 to $550 per month in HOA plus a separate parking deed in some King Street buildings. Del Ray townhome clusters often run $0 to $150 with no elevator reserve. Property taxes track Alexandria City assessments, and any exterior change in the historic district goes through BAR review.
Future Supply and Streetscape
Supply in both neighborhoods is limited by existing fabric. Alexandria staff studies note many current lots would not rebuild under current zoning, which keeps historic streets intact but limits new density. That is why small projects and streetscape improvements like pocket parks get more attention than large new supply in these two pockets.
Which Fit Depends on Daily Life
For resale, condition and block beat neighborhood label. A prepped home with light paint, 4000K lighting, deep clean, floor plan and 60 second video sells faster than an unprepped comp on the same street. Lead your listing with half mile to daily needs, parking type and school feeder verified by address.
Choose Old Town if you want brick sidewalks and Metro at your door and you are comfortable with condo living. Choose Del Ray if you want a porch, a small yard and a garage for the same money and you do not mind biking to Metro. Walk the block Tuesday at 7pm before you offer.
Search live Alexandria homes, Arlington homes and Fairfax homes in our hub to compare fee and footprint by block.
Text Cornerstone Realty Group at (571) 441-1031 for a 5-minute Old Town vs Del Ray monthly and walkability comparison for your top two blocks.
FAQ
What does $700K to $900K buy in Old Town versus Del Ray?
In Old Town Alexandria $700K to $900K today is mostly one to two bedroom condos and small historic walkups near King Street and the waterfront. In Del Ray the same range buys two to three bedroom townhomes and updated 1940s to 1960s colonials with a small yard and often a garage pad.
Which neighborhood is more walkable?
Old Town core within a half mile of King Street Metro scores highest for daily errands without a car, with the free King Street Trolley helping the last half mile. Del Ray centers on Mount Vernon Avenue with coffee, groceries and parks in a five minute walk, and sits eight to twelve minutes by bike to Braddock Road or Potomac Yard Metro which opened in 2023.
What are the monthly costs beyond the mortgage?
Old Town mid rise condos often run $350 to $550 per month in HOA plus a separate parking deed in some King Street buildings. Del Ray townhome clusters often run $0 to $150 with no elevator reserve. Property taxes track Alexandria City assessments, and any exterior change in the historic district goes through BAR review.
Why is supply limited in both neighborhoods?
Alexandria staff studies note many current lots would not rebuild under current zoning, which keeps historic streets intact but limits new density. That is why small projects and streetscape improvements like pocket parks get more attention than large new supply in these two pockets.
For resale, does the neighborhood name or the condition matter more?
Condition and block beat neighborhood label. A prepped home with light paint, 4000K lighting, deep clean, floor plan and 60 second video sells faster than an unprepped comp on the same street. Lead your listing with half mile to daily needs, parking type and school feeder verified by address.
How do I choose between them?
Choose Old Town if you want brick sidewalks and Metro at your door and you are comfortable with condo living. Choose Del Ray if you want a porch, a small yard and a garage for the same money and you do not mind biking to Metro. Walk the block Tuesday at 7pm before you offer.