Cheap Apartments for Rent in 23701
23 rentals
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1-2 Beds
1 BathHodges Manor Apartments | 1008 Cherokee Rd #1591675,
Portsmouth, VA 23701
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Apartments For Rent Near 23701
We found 30 more apartments matching your filters just outside 23701
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PET FRIENDLY$1,296 - $1,500/mo2-3 Beds2 BathsTaylor Pointe Apartments | 3245 Meadows Way #1668176,
Chesapeake, VA 23321
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Average Rent Trends in 23701
Rent in 23701 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,750 |
| Jul 2025 | $1,800 |
| Aug 2025 | $1,800 |
| Sep 2025 | $1,800 |
| Oct 2025 | $1,800 |
| Nov 2025 | $1,650 |
| Dec 2025 | $1,795 |
| Jan 2026 | $1,475 |
| Feb 2026 | $1,695 |
| Mar 2026 | $1,800 |
| Apr 2026 | $1,950 |
| May 2026 | $1,600 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,225 | $1,495 | $2,200 | $2,125 | $1,800 |
| Townhomes | — | $1,500 | — | — | $1,500 |
| Apartments and Condos | $1,350 | $1,600 | — | — | $1,395 |
| Houses | — | $1,495 | $2,200 | $2,125 | $2,125 |
Frequently Asked Questions about Rentals in 23701
- What is the average rent in 23701?The average rent in 23701 is $1,600. Rent prices range from $1,000 to as much as $2,800, depending on the type of rental.
- How does the rent in 23701 compare to the national average?Average rent in 23701 is about 16% lower than the national average rent of $1,910. That means it is less expensive to rent in 23701 compared to the U.S. average.
- What is the average rent in 23701, by number of bedrooms?The average rent in 23701 is $ for a studio, $1,225 for a 1 bedroom, $1,495 for a 2 bedroom, $2,300 for a 3 bedroom, and $2,200 for a 4 bedroom.
- How have rent prices in 23701 changed compared to last year?In the past year, the average rent price in 23701 has decreased by $30. That means the average rent is 2% lower than last year.
- How many available rental listings are in 23701?There are 24 available rental listings in 23701.
- What are some cities near 23701?Some nearby cities include: Portsmouth, Norfolk, Chesapeake, Carrollton, Rescue, Suffolk. These cities may have more rental options to explore.