Chesapeake Pointe
3537 Towne Pointe Rd,
Chesapeake, VA 23321
$1,229 - $1,924 Plus Fees
1-3 Beds
Rental Market Trends in Chesapeake, VA
What is the average rent in Chesapeake, VA?
$1,719/month
Average Rent
778 Sq Ft
Average Apartment Size
+5.3%
Increase in the Last Year
As of March 2026, the average rent in Chesapeake, VA is $1,719 per month. For comparison, the national average rent price in the US is currently $1,626/month, which means Chesapeake rent prices are 6% higher than the national average. When you rent an apartment in Chesapeake, you can expect to pay about $1,832 per month for a studio, $1,719 for a one-bedroom apartment, and around $1,790 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,235 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Chesapeake, VA?
In the past year, rent has increased by 5.3%, which averages out to $91 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 March 2026
Legend
2025
2026
Rent Ranges in Chesapeake, VA
Last Updated March 2026
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
6%
$700 - $1,000/month
31%
$1,001 - $1,500/month
33%
$1,501 - $2,000/month
29%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Chesapeake?
Based on current rent prices, Deep Creek North, Western Branch South and Western Branch North are the most affordable neighborhoods in Chesapeake.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Chesapeake?
Based on current rent prices, Greenbrier West, Pleasant Grove West and Hideaway at Greenbrier are the most expensive neighborhoods in Chesapeake.
Neighborhood
Average Rent
Average 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 .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Chesapeake, VA?
Because the average rent in Chesapeake is $1,719, you’ll want to make about $5,730 per month or $68,760 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.
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.
Studio
-
$2,338/month
One Bedroom
$1,120/month
$1,897/month
Two Bedroom
$1,283/month
$1,908/month
Three Bedroom
$1,484/month
$2,318/month
Nearby City Rent Trends
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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 February 2026.
* Percentages may not total 100 due to rounding.