Xiangshuiyuan Subdistrict () is a subdistrict at the western part of Yanqing District, Beijing, China. It shares border with Yanqing Town to its north and east, Baiquan Subdistrict to its south, and Rulin Subdistrict to its west. In 2020, the subdistrict had 48,251.
The subdistrict was created from part of Yanqing Town in 2009. Its name literally means "Perfume Garden".
Xiangshuiyuan Subdistrict is on the northern bank of Guishui River.
Below is a list of the 16 communities that made up Xiangshuiyuan Subdistrict at the end of 2021: