Yes you can, login to SharePoint Admin Portal and click on the Site Name and it will pop-up Site details under URL you will have Edit option.
https://learn.microsoft.com/en-us/sharepoint/change-site-address
Thanks & Regards,
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Can we rename the Modern Team Site and Communication Site URLs from the SharePoint Admin Center
Yes you can, login to SharePoint Admin Portal and click on the Site Name and it will pop-up Site details under URL you will have Edit option.
https://learn.microsoft.com/en-us/sharepoint/change-site-address
Thanks & Regards,
@Sajith Gopalakrishnan Hema
Yes, you could rename modern team site and communication site URLs in the SharePoint admin center.
Go to SharePoint admin center -> Sites -> Active sites -> Select the site -> Edit URL.
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