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Rental Market Trends in Chesapeake, VA

What is the average rent in Chesapeake, VA?

$1,648/month

Average Rent

772 Sq Ft

Average Apartment Size

+2.8%

Increase in the Last Year

As of October 2025, the average rent in Chesapeake, VA is $1,648 per month. For comparison, the national average rent price in the US is currently $1,630/month, which means Chesapeake rent prices are 1% higher than the national average. When you rent an apartment in Chesapeake, you can expect to pay about $1,818 per month for a studio, $1,648 for a one-bedroom apartment, and around $1,758 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,180 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,818/month
409 Sq Ft
One Bedroom
$1,648/month
772 Sq Ft
Two Bedroom
$1,758/month
1,022 Sq Ft
Three Bedroom
$2,180/month
1,297 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,827/month
879 Sq Ft
Three Bedroom
$2,237/month
1,298 Sq Ft
Four Bedroom
$2,908/month
1,981 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,780/month
941 Sq Ft
Three Bedroom
$2,303/month
1,497 Sq Ft
Four Bedroom
$2,786/month
1,342 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,962/month
969 Sq Ft
Three Bedroom
$2,269/month
1,200 Sq Ft

How much has average rent changed in Chesapeake, VA?

In the past year, rent has increased by 2.8%, which averages out to $46 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 October 2025
Legend
2024 2025
Market Trends Over Time

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, Ashley Woods and The Club Villas Condominiums are the most affordable neighborhoods in Chesapeake.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Western Branch North
$1,447/month
754 Sq Ft
Ashley Woods
$1,532/month
687 Sq Ft
The Club Villas Condominiums
$1,532/month
687 Sq Ft
Fairways Villas Condominiums
$1,532/month
687 Sq Ft
Mill Quarter
$1,532/month
687 Sq Ft
South Norfolk
$1,585/month
796 Sq Ft
North Trail at the Arboretum
$1,589/month
784 Sq Ft
Great Bridge
$1,640/month
818 Sq Ft
Indian River
$1,664/month
753 Sq Ft
Greenbrier East
$1,693/month
752 Sq Ft

What are the most expensive neighborhoods in Chesapeake?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Knells Ridge Estates
$2,356/month
835 Sq Ft
Pleasant Grove West
$1,842/month
758 Sq Ft
Greenbrier West
$1,829/month
770 Sq Ft
Cahoon Plantation
$1,809/month
862 Sq Ft
Hideaway at Greenbrier
$1,760/month
746 Sq Ft
Greenbrier East
$1,693/month
752 Sq Ft
Indian River
$1,664/month
753 Sq Ft
Great Bridge
$1,640/month
818 Sq Ft
North Trail at the Arboretum
$1,589/month
784 Sq Ft
South Norfolk
$1,585/month
796 Sq Ft

Which Chesapeake neighborhoods have the most rentals available?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Greenbrier East
$1,693/month
752 Sq Ft
Indian River
$1,664/month
753 Sq Ft
Greenbrier West
$1,829/month
770 Sq Ft
Western Branch North
$1,447/month
754 Sq Ft
Hideaway at Greenbrier
$1,760/month
746 Sq Ft
Pleasant Grove West
$1,842/month
758 Sq Ft
South Norfolk
$1,585/month
796 Sq Ft
Great Bridge
$1,640/month
818 Sq Ft
Ashley Woods
$1,532/month
687 Sq Ft
The Club Villas Condominiums
$1,532/month
687 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 $1,648, you’ll want to make about $5,493 per month or $65,916 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

1,494 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
$1,475/month
-
Two Bedroom
$1,610/month
-
Three Bedroom
$1,761/month
-
Search
Search

Nearby City Rent Trends

  • Norfolk Average Rent
  • Virginia Beach Average Rent

Apartment communities in Chesapeake we think you'll love

Chesapeake Pointe

Chesapeake Pointe

3537 Towne Pointe Rd,
Chesapeake, VA 23321

$1,069 - $1,754

1-3 Beds

Cottage Trails at Culpepper Landing

Cottage Trails at Culpepper Landing

3000 Conservancy Dr,
Chesapeake, VA 23323

$1,780 - $3,900

1-3 Beds

Tapestry Park

Tapestry Park

728 Tapestry Park Loop,
Chesapeake, VA 23320

$1,722 - $2,503

1-3 Beds

Holly Point

Holly Point

2540 Holly Point Blvd,
Chesapeake, VA 23325

$1,636 - $2,220

1-3 Beds

Property Management Companies in Chesapeake, VA

Franklin Group
Franklin Group
  • 138

    Communities

  • 25,409

    Units

  • 62

    Cities

11 Communities in Chesapeake
Vest Residential
Vest Residential
  • 71

    Communities

  • 16,308

    Units

  • 40

    Cities

7 Communities in Chesapeake
Drucker & Falk
Drucker & Falk
  • 160

    Communities

  • 38,431

    Units

  • 59

    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
  • 164

    Communities

  • 43,786

    Units

  • 98

    Cities

3 Communities in Chesapeake
S.L. Nusbaum
S.L. Nusbaum
  • 72

    Communities

  • 14,301

    Units

  • 30

    Cities

3 Communities in Chesapeake
The Lawson Companies
The Lawson Companies
  • 11

    Communities

  • 2,506

    Units

  • 5

    Cities

3 Communities in Chesapeake
Cushman & Wakefield
Cushman & Wakefield
  • 523

    Communities

  • 121,744

    Units

  • 264

    Cities

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 September 2025.

* Percentages may not total 100 due to rounding.

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