Cheap Apartments for Rent in 23701
22 rentals
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1-2 Beds
1 BathHodges Manor Apartments | 1008 Cherokee Rd,
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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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 Sep 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| 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 |
| Jun 2026 | $1,650 |
| Jul 2026 | $1,450 |
| Aug 2026 | $1,495 |
| Sep 2026 | $1,400 |
Average Rent By Bedroom and Home Type
In September 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 | $1,150 | $1,375 | $2,000 | $2,600 | $1,650 |
| Townhomes | — | $1,500 | $2,250 | $2,700 | $2,250 |
| Apartments and Condos | $1,150 | $1,395 | $1,495 | — | $1,375 |
| Houses | — | — | $2,000 | $2,600 | $2,500 |
Frequently Asked Questions about Rentals in 23701
- What is the average rent of an apartment in 23701?The average rent of an apartment in 23701 is $1,320 per month. This is about 32% lower than the national average.
- What are the cheapest months to find an apartment to rent in 23701?Last year, the cheapest month to find an apartment to rent was Apr 2025 when it was $1,550 per month.
- How many cheap apartments are available in 23701?There are 14 apartments to rent that are cheaper than the city’s average rent of $1,650.
- When is the average rent most expensive in 23701?In the last year, the average rent in 23701 was highest in Jul 2025 when it was $1,800 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 23701?The average rent of a 1 bedroom apartment in 23701 is $1,150 per month. That is about $2,050 less than the cost of a studio apartment.
- 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.
View this page in Spanish: Apartamentos baratos en renta en los alrededores de 23701 - 106 Rentas | Trulia