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The Kingsley

Fair price
500 Madison Street, Alexandria
8% concession applied
The Bottom Line
1 Bedroom advertised at $2,894/mo
$2,654/mo effective
Their current concession is worth about $240/mo, or roughly $2,880 over a 12-month lease.
That's $226/mo below the Old Town average of $2,880.
Compared against 5 Old Town buildings · rents verified 2026-10-16
Rent Ranges
UnitEffective range
after concessions where applicable
vs. Hood avg
Studio$2,082 – $2,441/moFair price
1 Bedroom$2,466 – $2,842/moFair price
2 Bedroom$4,380 – $4,485/moAbove market
Concession applied to listed price. Actual signed lease may vary.

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Renter Reports
No renter reports from this building yet. Here is where its 1 bedroom new-lease price sits in Old Town.
This building, after concessions$2,654/mo
Old Town average new lease$2,673/mo
About level with the Old Town average across 5 buildings.
Nearest cheaper in Old Town
800 Carlyle$2,295/mo $359 lessLincoln Old Town$2,117/mo $537 less
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Nearby buildings
The Grayson0.5 miles away1 month free$2,196 1 bedroomPlatform0.5 miles away6 weeks free$1,865 1 bedroomCityHouse Old Town0.6 miles away6 weeks free$2,728 1 bedroomLincoln Old Town0.7 miles away1 month free$1,970 1 bedroomThe Porter Del Ray0.7 miles away1.5 months free$1,930 1 bedroom
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