Does Your Family Make Less than $63,300? You May Qualify to Rent a New Apartment for Less than $1200 in The Gables in Old Town, Alexandria

Affordable Rental Housing Opportunity at The Gables

A rendering of the Gables Old Town North project, which is set to open in 2019. (Courtesy EDENS)

ALEXANDRIA, VA–The Gables at Old Town North, located at 525 Montgomery Street, will be offering a limited number of studio and one-bedroom apartments.  The property is accepting pre-applications for apartments that will become available from April to June 2019.    The rents will be $1,133 plus utilities for a studio and $1,191 plus utilities for a one-bedroom apartment.

Property amenities include:

  • Bike Repair Station
  • Fitness Center with Fitness-On-Demand, spin area; cardio and row equipment
  • Underground Parking
  • Theatre
  • Business Center
  • Community Lounge
  • Roof Deck with Potomac River Views
  • Outdoor Kitchen with Grills
  • Swimming Pool with Cabanas
  • Retail on Ground Floor; including West Elm
  • Central Lawn for Yoga
  • Outdoor Serenity Nook
  • Fire Pits and Outdoor Lounge with Pergola
  • Outdoor Game Area
  • Community Green Space with Public Art

Additional fees are noted below:

Fee Type & Amount
Application (per resident): $50
Security Deposit: $200
Non-refundable Administration Fee: $500
Non-refundable Pet Fee: $500, plus $40/month for cats and $55/month for dogs
Parking: $90/month per vehicle for tandem spaces
                $100/month per vehicle for unreserved spaces
                $150/month per vehicle for reserved spaces

 

To be eligible to rent one of the affordable units, your household must not exceed the income maximums:

Household Size   Maximum Annual Household Income
1 Person $49,260
2 Persons $56,280
3 Persons $63,300

For more information please contact The Gables at Old Town North, 525 Montgomery Street, Alexandria, VA 22314; Phone: 571-982-4751