Cheap Apartments for Rent in 23116
19 rentals
- PET FRIENDLY$1,575 - $1,825/mo2 Beds1-2 BathsHanover Crossing | 9258 Hanover Crossing Dr #9245-F,
Mechanicsville, VA 23116 - APPLY INSTANTLY
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Apartments For Rent Near 23116
We found 30 more apartments matching your filters just outside 23116
- PET FRIENDLY
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- APPLY INSTANTLYFURNISHEDROOM FOR RENT
- PET FRIENDLY
- APPLY INSTANTLYFURNISHEDROOM FOR RENT
- APPLY INSTANTLYFURNISHEDROOM FOR RENT
- $1,065 - $1,900/mo1-3 Beds1-2 BathsColonial Apartments | 5501 Pony Farm Dr #5540D,
Richmond, VA 23227
Average Rent Trends in 23116
Rent in 23116 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,595 |
| Jul 2025 | $2,800 |
| Aug 2025 | $3,000 |
| Sep 2025 | $2,700 |
| Oct 2025 | $2,600 |
| Nov 2025 | $2,500 |
| Dec 2025 | $2,495 |
| Jan 2026 | $2,695 |
| Feb 2026 | $2,500 |
| Mar 2026 | $2,500 |
| Apr 2026 | $2,700 |
| May 2026 | $2,700 |
Average Rent By Bedroom and Home Type
In May 2026, Townhomes were the most affordable home type to rent compared with Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,300 | $1,748 | $2,600 | $3,200 | $2,600 |
| Townhomes | — | — | $2,500 | — | $2,500 |
| Houses | $1,300 | $1,895 | $2,600 | $3,200 | $3,100 |
Frequently Asked Questions about Rentals in 23116
- What is the average rent in 23116?The average rent in 23116 is $2,600. Rent prices range from $1,566 to as much as $7,995, depending on the type of rental.
- How does the rent in 23116 compare to the national average?Average rent in 23116 is about 36% higher than the national average rent of $1,910. That means it is more expensive to rent in 23116 compared to the U.S. average.
- What is the average rent in 23116, by number of bedrooms?The average rent in 23116 is $ for a studio, $1,300 for a 1 bedroom, $1,748 for a 2 bedroom, $2,600 for a 3 bedroom, and $3,200 for a 4 bedroom.
- How have rent prices in 23116 changed compared to last year?In the past year, the average rent price in 23116 has increased by $205. That means the average rent is 8% higher than last year.
- How many available rental listings are in 23116?There are 18 available rental listings in 23116.
- What are some cities near 23116?Some nearby cities include: Mechanicsville, Hanover, Chamberlayne, Manquin, East Highland Park, Highland Springs. These cities may have more rental options to explore.