Cheap Apartments for Rent in 23221
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PET FRIENDLY$1,250 - $1,495/mo
1-2 Beds
1 Bath3425 Kensington Avenue | 3425 Kensington Ave #105,
Richmond, VA 23221
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Average Rent Trends in 23221
Rent in 23221 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Jun 2026 compared to the previous month. Rent previously peaked in Jan 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $1,625 |
| Aug 2025 | $1,623 |
| Sep 2025 | $1,750 |
| Oct 2025 | $1,725 |
| Nov 2025 | $1,695 |
| Dec 2025 | $1,649 |
| Jan 2026 | $1,595 |
| Feb 2026 | $1,550 |
| Mar 2026 | $1,750 |
| Apr 2026 | $1,649 |
| May 2026 | $1,597 |
| Jun 2026 | $1,600 |
Average Rent By Bedroom and Home Type
In June 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,450 | $1,720 | $2,800 | $2,975 | $1,650 |
| Townhomes | — | $2,285 | $3,700 | — | $3,700 |
| Apartments and Condos | $1,395 | $1,510 | $2,700 | $3,800 | $1,500 |
| Houses | — | $2,395 | $2,900 | — | $2,800 |
Frequently Asked Questions about Rentals in 23221
- What is the average rent of an apartment in 23221?The average rent of an apartment in 23221 is $1,659 per month. This is about 15% lower than the national average.
- What is the average rent of a house in 23221?The average rent of a house in 23221 is $2,800 per month. This is about 44% higher than the national average.
- What is the average rent of a townhome in 23221?The average rent of a townhome in 23221 is $3,700 per month. This is about 90% higher than the national average.
- When is the average rent cheapest in 23221?In the last year, the average rent in 23221 was lowest in May 2025 when it was $1,595 per month.
- When is the average rent most expensive in 23221?In the last year, the average rent in 23221 was highest in Jan 2025 when it was $1,750 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 23221?The average rent of a 1 bedroom apartment in 23221 is $1,450 per month. That is about $55 more than the cost of a studio apartment.
- How many available rental listings are in 23221?There are 82 available rental listings in 23221.
- What are some cities near 23221?Some nearby cities include: Richmond, Henrico, Lakeside, East Highland Park, Chamberlayne, Montrose. These cities may have more rental options to explore.