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Rental Market Trends in Chesapeake, VA

What is the average rent in Chesapeake, VA?

$1,630/month

Average Rent

774 Sq Ft

Average Apartment Size

+2%

Increase in the Last Year

As of June 2025, the average rent in Chesapeake, VA is $1,630 per month. For comparison, the national average rent price in the US is currently $1,627/month, which means Chesapeake rent prices are 0% higher than the national average. When you rent an apartment in Chesapeake, you can expect to pay about $1,796 per month for a studio, $1,630 for a one-bedroom apartment, and around $1,761 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,205 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,796/month
409 Sq Ft
One Bedroom
$1,630/month
774 Sq Ft
Two Bedroom
$1,761/month
1,022 Sq Ft
Three Bedroom
$2,205/month
1,297 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,949/month
1,041 Sq Ft
Three Bedroom
$2,138/month
1,239 Sq Ft
Four Bedroom
$2,940/month
1,426 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,698/month
984 Sq Ft
Three Bedroom
$1,858/month
921 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,922/month
825 Sq Ft
Three Bedroom
$2,226/month
1,259 Sq Ft

How much has average rent changed in Chesapeake, VA?

In the past year, rent has increased by 2%, which averages out to $33 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Chesapeake, VA
Last Updated June 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Chesapeake, VA
Percentage*
Rent Range
0% Below $700/month
6% $700 - $1,000/month
37% $1,001 - $1,500/month
35% $1,501 - $2,000/month
22% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Chesapeake?

Based on current rent prices, Western Branch North, Logans Mill and Woodgate Commons are the most affordable neighborhoods in Chesapeake.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Western Branch North
$1,293/month
733 Sq Ft
Logans Mill
$1,495/month
768 Sq Ft
Woodgate Commons
$1,495/month
768 Sq Ft
Ashley Woods
$1,514/month
683 Sq Ft
The Club Villas Condominiums
$1,514/month
683 Sq Ft
Fairways Villas Condominiums
$1,514/month
683 Sq Ft
Mill Quarter
$1,514/month
683 Sq Ft
Great Bridge
$1,609/month
825 Sq Ft
Hideaway at Greenbrier
$1,682/month
740 Sq Ft
North Trail at the Arboretum
$1,686/month
774 Sq Ft

What are the most expensive neighborhoods in Chesapeake?

Based on current rent prices, Knells Ridge Estates, South Norfolk and Greenbrier West are the most expensive neighborhoods in Chesapeake.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Knells Ridge Estates
$2,315/month
862 Sq Ft
South Norfolk
$2,307/month
843 Sq Ft
Greenbrier West
$2,211/month
823 Sq Ft
Indian River
$1,858/month
764 Sq Ft
Pleasant Grove West
$1,811/month
719 Sq Ft
Greenbrier East
$1,687/month
763 Sq Ft
North Trail at the Arboretum
$1,686/month
774 Sq Ft
Hideaway at Greenbrier
$1,682/month
740 Sq Ft
Great Bridge
$1,609/month
825 Sq Ft
Ashley Woods
$1,514/month
683 Sq Ft

Which Chesapeake neighborhoods have the most rentals available?

The neighborhoods in Chesapeake with the most apartments available are Greenbrier East, Greenbrier West and Indian River .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Greenbrier East
$1,687/month
763 Sq Ft
Greenbrier West
$2,211/month
823 Sq Ft
Indian River
$1,858/month
764 Sq Ft
Knells Ridge Estates
$2,315/month
862 Sq Ft
Pleasant Grove West
$1,811/month
719 Sq Ft
Hideaway at Greenbrier
$1,682/month
740 Sq Ft
Western Branch North
$1,293/month
733 Sq Ft
South Norfolk
$2,307/month
843 Sq Ft
Ashley Woods
$1,514/month
683 Sq Ft
The Club Villas Condominiums
$1,514/month
683 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Chesapeake, VA?

Because the average rent in Chesapeake is $1,630, you’ll want to make about $5,433 per month or $65,196 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Chesapeake, VA

1,447 Available Apartments for Rent

Search for Nearby Apartments

How does Chesapeake, VA compare to other nearby cities and neighborhoods?

Use the tool below to compare Chesapeake, VA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Chesapeake, VA

Apartment Averages

Western Branch North

Chesapeake, VA

Knells Ridge Estates

Chesapeake, VA

Studio
-
-
One Bedroom
$1,401/month
-
Two Bedroom
$1,615/month
-
Three Bedroom
$1,763/month
-
Search
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Nearby City Rent Trends

  • Portsmouth Average Rent
  • Norfolk Average Rent
  • Virginia Beach Average Rent

Apartment communities in Chesapeake we think you'll love

Acclaim at Greenbrier

Acclaim at Greenbrier

880 Beech Tree Rd,
Chesapeake, VA 23320

1-2 Beds | $1,927 - $2,984

Chesapeake Pointe

Chesapeake Pointe

3537 Towne Pointe Rd,
Chesapeake, VA 23321

1-3 Beds | $989 - $1,679

Holly Point

Holly Point

2540 Holly Point Blvd,
Chesapeake, VA 23325

1-3 Beds | $1,630 - $2,310

Allure at Edinburgh

Allure at Edinburgh

249 Allure Ln,
Chesapeake, VA 23322

1-3 Beds | $1,745 - $2,530

Property Management Companies in Chesapeake, VA

Franklin Group
Franklin Group
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  • 22,733

    Units

  • 55

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11 Communities in Chesapeake
Vest Residential
Vest Residential
  • 72

    Communities

  • 16,390

    Units

  • 41

    Cities

7 Communities in Chesapeake
Drucker & Falk
Drucker & Falk
  • 158

    Communities

  • 38,068

    Units

  • 60

    Cities

5 Communities in Chesapeake
Ripley Heatwole Co., Inc.
Ripley Heatwole Co., Inc.
  • 11

    Communities

  • 2,136

    Units

  • 4

    Cities

5 Communities in Chesapeake
Trinity Property Consultants
Trinity Property Consultants
  • 158

    Communities

  • 43,087

    Units

  • 98

    Cities

3 Communities in Chesapeake
Gates Hudson
Gates Hudson
  • 104

    Communities

  • 21,882

    Units

  • 44

    Cities

3 Communities in Chesapeake
The Lawson Companies
The Lawson Companies
  • 15

    Communities

  • 3,294

    Units

  • 7

    Cities

3 Communities in Chesapeake
Cushman & Wakefield
Cushman & Wakefield
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    Communities

  • 127,049

    Units

  • 279

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2 Communities in Chesapeake

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United States Virginia Chesapeake Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.

* Percentages may not total 100 due to rounding.

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