Rental market snapshot for Chesapeake, Virginia
Chesapeake, Virginia Rental Property Market Overview
The average rent for an apartment in Chesapeake is $1,758. The cost of rent varies depending on several factors, including location, size, and quality.
The average rent has decreased by -2.5% over the past year.
Chesapeake is a city located in the Hampton Roads metropolitan area of Virginia. The city is the third-largest in the state with a population of over 232,000. Chesapeake is known for its large naval base, as well as its role in the American Revolution and the War of 1812. The city is also home to a number of historical sites, including the Chesapeake Bay Bridge-Tunnel, which is the longest bridge-tunnel complex in the world.
Last Updated December 23, 2022
Get updates straight to your inbox
Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.
Sign upAverage monthly rent graph in Chesapeake Virginia | Cost of Living
- The most expensive ZIP Code in Chesapeake is 23321 with an average price of $2,959
- The cheapest ZIP Code in Chesapeake is 23324 with an average price of $1,000
Chesapeake ZIP Codes with the highest, most expensive rent
| # | zip code | average rent |
|---|---|---|
| 1 | 23321 | $2,959 |
| 2 | 23322 | $1,899 |
| 3 | 23324 | $1,800 |
| 4 | 23320 | $1,725 |
Live near Chesapeake, Virginia's Top Sights and Attractions
The Chesapeake Bay Bridge-Tunnel is a 23-mile-long bridge-tunnel complex that connects the Hampton Roads area to the Eastern Shore of Virginia. The bridge-tunnel is one of the world's largest bridges, and it is a major tourist attraction in Chesapeake, Virginia.
Great Bridge Intermediate And High School is a historic school in Chesapeake, Virginia. The school was built in the early 1900s and is a beautiful example of architecture from that era. The school is still in use today and is a popular tourist destination for those interested in history and architecture.
Chesapeake City Park is a large park with a playground, a basketball court, a pond, and a walking trail. The park also has a pavilion that can be rented for events.
The Norfolk County Almshouse Historical Marker is a large stone marker located in the front yard of the Norfolk County Almshouse. The marker reads: "In memory of the Norfolk County Almshouse, which stood on this site from 1820 to 1966. This building was the first county almshouse in Virginia and was used to house the poor, the sick, and the aged. The almshouse was a self-sufficient farm and provided food and shelter for its residents. In 1966, the almshouse was demolished and the property was donated to the City of Chesapeake. This marker is dedicated to the memory of the Norfolk County Almshouse and its residents."
The Western Branch Trail is a paved trail that runs along the Western Branch of the Elizabeth River. The trail is approximately 3 miles long and is popular with walkers, runners, and cyclists. The trail offers scenic views of the river and the city skyline.
The Chesapeake Arboretum is a beautiful place to take a walk and enjoy nature. The grounds are well-kept and there are plenty of benches and picnic tables if you want to take a break. The Arboretum is also a great place to take pictures.
Paradise Creek Nature Park is a beautiful park located in Chesapeake, Virginia. The park features a variety of amenities including a playground, picnic area, walking trails, and a pond. The pond is a great place to relax and enjoy the scenery.
Northwest River Park is a beautiful park located on the banks of the Northwest River. The park offers a variety of activities for visitors to enjoy, including hiking, biking, fishing, and picnicking. The park also features a playground, a pavilion, and a gazebo.
Chesapeake, Virginia area median rent change by ZIP Code map
Get updates straight to your inbox
Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.
Sign upHow does Chesapeake compare to other cities in Virginia ?
| city | median price |
|---|---|
| Stafford | $1,950 |
| Stafford | $1,945 |
| Mc Lean | $2,570 |
| Midlothian | $1,795 |
| Suffolk | $1,440 |
| Winchester | $1,425 |
| Sterling | $2,085 |
| Reston | $2,211 |
| Dumfries | $2,012 |
Average household income in Chesapeake area graph - US Census
Get updates straight to your inbox
Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.
Sign upThe median household income in Chesapeake in 2021 was $81,261. This represents a 15.9% change from 2011 when the median was $70,115.
| # | category | percent |
|---|---|---|
| 0 | Less than $10,000 | 3.2% |
| 1 | $10,000 to $14,999 | 2.4% |
| 2 | $15,000 to $19,999 | 2.2% |
| 3 | $20,000 to $24,999 | 3.7% |
| 4 | $25,000 to $29,999 | 2.8% |
| 5 | $30,000 to $34,999 | 3.2% |
| 6 | $35,000 to $39,999 | 2.9% |
| 7 | $40,000 to $44,999 | 4.2% |
| 8 | $45,000 to $49,999 | 3.6% |
| 9 | $50,000 to $59,999 | 8.0% |
| 10 | $60,000 to $74,999 | 10.4% |
| 11 | $75,000 to $99,999 | 14.5% |
| 12 | $100,000 to $124,999 | 11.5% |
| 13 | $125,000 to $149,999 | 8.9% |
| 14 | $150,000 to $199,999 | 10.2% |
| 15 | $200,000 or more | 8.5% |
