Real Estate Investing in Alexandria, Virginia (22306)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 22306 (Alexandria, VA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High price-to-rent: Price-to-rent ratio 26.7 — hard to cash-flow at these prices.
What’s happening in Alexandria, VA (22306)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 22306 Alexandria
Not every below-median market is a bargain. Alexandria's 22306 ZIP sits at signals that favor experienced operators who can absorb the risk $639K pricing implies.
Distressed markets are won on execution, not on spreadsheets. ZIP 22306 shows the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Statewide comparisons place 22306 among VA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Resident income in 22306 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategically, 22306 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Alexandria:
Property Strategy for 22306
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $416,276 | $2,030 | 3.5% | +4.5% | $208,138 |
| 3BR | $593,030 | $2,560 | 3.1% | +4.4% | $197,677 |
| 4BR | $754,830 | $3,010 | 2.9% | +4.4% | $188,707 |
| 5BR | $857,765 | — | — | +4.3% | $171,553 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 22306 Compare?
| Metric | 22306 | Alexandria | Virginia |
|---|---|---|---|
| Home Value | $639,485 | $745,774 | $403,170 |
| 5-Year CAGR | 3.0% | 2.7% | 6.4% |
| Avg Rent | $1,993 | $2,341 | - |
| Cap Rate | 2.4% | 2.5% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 22306 (Alexandria, VA). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 22306 (Alexandria, VA)?
~25 seconds · no account needed · your report is anonymous
Property managers serving Fairfax County
Manage rentals here? List your business →CAMP provides HOA community management services for condos and co-ops in VA, MD, and DC. summary from their website
Chambers Theory provides residential and commercial property management services in Northern Virginia, DC, and MD, with customized plans and guarantees. summary from their website
HomeRiver Group offers property management, brokerage, rehab and construction, leasing, renewals, and maintenance services for single-family and multi-family homes. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $639,485 |
| Monthly Rent | $1,993 |
| Price-to-Rent | 26.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.7% |
| Cap Rate | 2.4% |
| 5-Year IRR | 5.4% |
📈 Home Appreciation
| 1-Year | +2.5% ▲ |
| 3-Year CAGR | +2.9% ▲ |
| 5-Year CAGR | +3.0% ▲ |
| 10-Year CAGR | +4.4% ▲ |
🏠 Rent Trends
| 1-Year | -3.2% ▼ |
| 3-Year CAGR | +1.5% ▲ |
| 5-Year CAGR | +3.3% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.4%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 22306
Population: 31,471
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 22306
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Mount Vernon Woods Elementary
Bucknell Elementary
Virginia Hills Early Childhood Resource Center
Belle View Elementary
Bush Hill Elementary
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 4,950 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Do landlords face vacancy issues in Alexandria, VA?
Alexandria, VA carries elevated vacancy risk. Expect reliable absorption at market rents of $1,993/mo.
How strict are landlord regulations in Alexandria, VA?
The landlord environment in Alexandria, VA is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
How much rent can I charge in Alexandria, VA?
Expect rents around $1,993/mo per month in Alexandria, VA. With home values at $639K, the yield math works out to reasonable levels for rental investors.
Are renters plentiful in Alexandria, VA?
Tenant quality in Alexandria, VA ranks as solid. Landlords generally report measured occupancy at market rents of $1,993/mo.
Is Alexandria, VA a good market for buy-and-hold investors?
Alexandria, VA clocks in at an investability rating of 3.0/5, with median home values near $639K and average rents around $1,993/mo. That combination puts it in the substantial tier for investor interest.
You know 22306 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 22306 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 22306 ranks in Washington-Arlington-Alexandria, DC-VA-MD-WV
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 22306 (Alexandria)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 22306 (Alexandria, VA).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.