Rental market snapshot for Chesapeake, Virginia

Chesapeake, Virginia Rental Property Market Overview

Chesapeake, Virginia is a city located in the Hampton Roads region of the state. According to the US Census, the population of Chesapeake in 2021 was 251,269. It is the third most populous city in Virginia and is known for its rich history, diverse culture, and abundance of outdoor activities. Chesapeake is home to a variety of attractions, such as the Great Dismal Swamp National Wildlife Refuge, the Chesapeake Arboretum, and the Chesapeake Bay Bridge-Tunnel. The city also boasts a vibrant arts and entertainment scene, with a variety of museums, galleries, and performing arts venues.

The average rent for an apartment in Chesapeake is $1,916. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Chesapeake Virginia | Cost of Living

  • The most expensive ZIP code in Chesapeake is 23322 with an average price of $2,268.
  • The cheapest ZIP code in Chesapeake is 23321 with an average price of $1,635.

Chesapeake ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
123322$2,268
223323$1,971
323324$1,860
423325$1,854
523320$1,829
623321$1,635

Live near Chesapeake, Virginia's Top Sights and Attractions

Hickory High School is a historic school building located in Chesapeake, Virginia. Built in the early 1900s, the school is listed on the National Register of Historic Places and is a reminder of the city's educational history. The building features a distinctive red brick exterior, with a large bell tower and a cupola on the roof. Inside, the school has been restored to its original condition, with original wood floors, chalkboards, and other period features. Visitors can explore the building and learn about its history, as well as take part in special events and educational programs.

Great Bridge Intermediate And High School is a public school located in Chesapeake, Virginia. It is a two-story building with a modern design and a large courtyard. The school offers a variety of educational programs and activities for students in grades 6-12. It is equipped with state-of-the-art technology, including interactive whiteboards, computers, and a media center. The school also has a gymnasium, a cafeteria, and a library. The school is known for its excellent academic programs and its commitment to providing a safe and supportive learning environment.

Chesapeake City Park is a sprawling, lush green space located on the banks of the Elizabeth River. It features a variety of recreational activities, including a large playground, a skate park, a disc golf course, a walking trail, and a fishing pier. There are also several picnic areas, a basketball court, and a large open field perfect for sports and other activities. The park also has a large pavilion, perfect for hosting events and gatherings.

This historical marker commemorates the Norfolk County Almshouse, which was built in 1828 and served as a refuge for the poor and destitute of the area. The almshouse was a self-contained village, with its own cemetery, chapel, and hospital. It was a place of refuge for those who had no other place to go, and it provided a safe haven for the elderly, the disabled, and the mentally ill. The marker pays tribute to the many people who lived and worked at the almshouse, and it serves as a reminder of the importance of providing care and support for those in need.

Western Branch Trail is a scenic 4.5 mile long trail located in Chesapeake, Virginia. It is a multi-use trail that is popular among hikers, bikers, and joggers. The trail follows the Western Branch of the Elizabeth River and offers stunning views of the river and surrounding wetlands. Along the trail, visitors can find benches and picnic tables, making it a great spot for a leisurely stroll or a picnic. The trail also features a variety of wildlife, including birds, turtles, and fish.

The Chesapeake Arboretum is a peaceful oasis of nature located in the heart of a bustling city. Visitors can explore the lush gardens, meandering pathways, and tranquil ponds, all surrounded by a canopy of trees. The Arboretum also features a variety of educational programs and activities, including guided tours, nature walks, and bird watching. With its peaceful atmosphere and abundance of wildlife, the Chesapeake Arboretum is a perfect place to relax and enjoy the beauty of nature.

Paradise Creek Nature Park is a beautiful outdoor oasis located in Virginia. It features a variety of trails and boardwalks that wind through wetlands, forests, and meadows. Visitors can explore the park's diverse wildlife, including birds, turtles, and other animals. The park also offers fishing, kayaking, and canoeing opportunities, as well as picnic areas and playgrounds. With its stunning views and peaceful atmosphere, Paradise Creek Nature Park is a great place to relax and enjoy nature.

Northwest River Park is a sprawling outdoor recreation area located on the banks of the Northwest River. It offers a variety of activities for visitors, including camping, fishing, boating, swimming, and picnicking. The park also features a variety of trails for hiking and biking, as well as a playground and a disc golf course. There are also several pavilions and shelters available for rent, making it a great spot for family gatherings and special events.

Oak Grove Lake Park is a beautiful outdoor destination located in Chesapeake, Virginia. It features a large lake surrounded by lush trees and foliage, providing a peaceful and tranquil atmosphere. Visitors can take advantage of the many recreational activities available, such as fishing, boating, and picnicking. There are also several trails for walking and biking, as well as a playground for children. The park also offers a variety of educational programs and events, making it a great place to learn about the local environment.

Deep Creek Middle is a large educational facility located in a suburban area of Virginia. It is a two-story building with a modern design, featuring a large courtyard and plenty of outdoor seating. Inside, the school has a variety of classrooms, a library, a gymnasium, and a cafeteria. The school also has a variety of extracurricular activities, such as sports teams, clubs, and after-school programs. Deep Creek Middle is a great place for students to learn and grow, as well as a great place for the community to come together.

Chesapeake, Virginia area median rent change by ZIP code map

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How does Chesapeake compare to other cities in Virginia?

citymedian price
Burke$2,800
Arlington$2,541
Alexandria$2,230
Centreville$2,194
Warrenton$1,550
Colonial Heights$1,230

Average household income in Chesapeake area graph - US Census

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The median household income in Chesapeake in 2021 was $85,563. This represents a 21.8% change from 2011 when the median was $70,244.

#categorypercent
0Less than $10,0003.2%
1$10,000 to $14,9992.4%
2$15,000 to $19,9992.2%
3$20,000 to $24,9993.7%
4$25,000 to $29,9992.8%
5$30,000 to $34,9993.2%
6$35,000 to $39,9992.9%
7$40,000 to $44,9994.2%
8$45,000 to $49,9993.6%
9$50,000 to $59,9998.0%
10$60,000 to $74,99910.4%
11$75,000 to $99,99914.5%
12$100,000 to $124,99911.5%
13$125,000 to $149,9998.9%
14$150,000 to $199,99910.2%
15$200,000 or more8.5%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Chesapeake is $1,916.
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