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Rental Market Trends in Chesapeake, VA

What is the average rent in Chesapeake, VA?

$1,709/month

Average Rent

775 Sq Ft

Average Apartment Size

+3.8%

Increase in the Last Year

As of April 2026, the average rent in Chesapeake, VA is $1,709 per month. For comparison, the national average rent price in the US is currently $1,641/month, which means Chesapeake rent prices are 4% higher than the national average. When you rent an apartment in Chesapeake, you can expect to pay about $1,854 per month for a studio, $1,709 for a one-bedroom apartment, and around $1,806 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,255 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,854/month
409 Sq Ft
One Bedroom
$1,709/month
775 Sq Ft
Two Bedroom
$1,806/month
1,019 Sq Ft
Three Bedroom
$2,255/month
1,290 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,294/month
1,218 Sq Ft
Four Bedroom
$2,731/month
1,713 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,584/month
977 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,093/month
601 Sq Ft
Three Bedroom
$2,356/month
1,052 Sq Ft

How much has average rent changed in Chesapeake, VA?

In the past year, rent has increased by 3.8%, which averages out to $65 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 April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Chesapeake, VA
Last Updated April 2026
$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
32% $1,001 - $1,500/month
32% $1,501 - $2,000/month
30% 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, Western Branch South and Ashley Woods are the most affordable neighborhoods in Chesapeake.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Western Branch North
$1,519/month
726 Sq Ft
Western Branch South
$1,537/month
749 Sq Ft
Ashley Woods
$1,587/month
677 Sq Ft
Great Bridge
$1,606/month
812 Sq Ft
South Norfolk
$1,616/month
764 Sq Ft
Great Bridge East
$1,671/month
693 Sq Ft
Greenbrier East
$1,761/month
752 Sq Ft
Indian River
$1,793/month
757 Sq Ft
Pleasant Grove West
$1,804/month
774 Sq Ft
Hideaway at Greenbrier
$1,880/month
755 Sq Ft

What are the most expensive neighborhoods in Chesapeake?

Based on current rent prices, Greenbrier West, Hideaway at Greenbrier and Pleasant Grove West are the most expensive neighborhoods in Chesapeake.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Greenbrier West
$1,923/month
759 Sq Ft
Hideaway at Greenbrier
$1,880/month
755 Sq Ft
Pleasant Grove West
$1,804/month
774 Sq Ft
Indian River
$1,793/month
757 Sq Ft
Greenbrier East
$1,761/month
752 Sq Ft
Great Bridge East
$1,671/month
693 Sq Ft
South Norfolk
$1,616/month
764 Sq Ft
Great Bridge
$1,606/month
812 Sq Ft
Ashley Woods
$1,587/month
677 Sq Ft
Western Branch South
$1,537/month
749 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
$1,761/month
752 Sq Ft
Greenbrier West
$1,923/month
759 Sq Ft
Indian River
$1,793/month
757 Sq Ft
Hideaway at Greenbrier
$1,880/month
755 Sq Ft
Western Branch North
$1,519/month
726 Sq Ft
South Norfolk
$1,616/month
764 Sq Ft
Pleasant Grove West
$1,804/month
774 Sq Ft
Ashley Woods
$1,587/month
677 Sq Ft
Western Branch South
$1,537/month
749 Sq Ft
Great Bridge East
$1,671/month
693 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 $1,709, you’ll want to make about $5,696 per month or $68,352 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

1,192 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

Greenbrier West

Chesapeake, VA

Studio
-
$2,351/month
One Bedroom
$1,488/month
$1,877/month
Two Bedroom
$1,633/month
$1,914/month
Three Bedroom
$1,852/month
$2,272/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

Chesapeake Pointe

Chesapeake Pointe

3537 Towne Pointe Rd,
Chesapeake, VA 23321

$1,164 - $1,989 Plus Fees

1-3 Beds

Cottage Trails at Culpepper Landing

Cottage Trails at Culpepper Landing

3000 Conservancy Dr,
Chesapeake, VA 23323

$1,967 - $3,657 Total Monthly Price

1-3 Beds

Hideaway at Greenbrier

Hideaway at Greenbrier

150 Coveside Ln,
Chesapeake, VA 23320

$1,673 - $3,333 Total Monthly Price

1-3 Beds

Tattersall Chesapeake

Tattersall Chesapeake

504 Cap Stone Arch,
Chesapeake, VA 23323

$1,803 - $2,727 Plus Fees

1-3 Beds | 12 Month Lease

Property Management Companies in Chesapeake, VA

Franklin Group
Franklin Group
  • 138

    Communities

  • 25,610

    Units

  • 63

    Cities

10 Communities in Chesapeake
Vest Residential
Vest Residential
  • 64

    Communities

  • 14,901

    Units

  • 35

    Cities

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

    Communities

  • 2,136

    Units

  • 4

    Cities

5 Communities in Chesapeake
Drucker & Falk
Drucker & Falk
  • 165

    Communities

  • 39,265

    Units

  • 57

    Cities

4 Communities in Chesapeake
Trinity Property Consultants
Trinity Property Consultants
  • 170

    Communities

  • 42,692

    Units

  • 97

    Cities

3 Communities in Chesapeake
S.L. Nusbaum
S.L. Nusbaum
  • 74

    Communities

  • 14,450

    Units

  • 32

    Cities

3 Communities in Chesapeake
The Lawson Companies
The Lawson Companies
  • 16

    Communities

  • 3,504

    Units

  • 8

    Cities

3 Communities in Chesapeake
Pegasus Residential
Pegasus Residential
  • 195

    Communities

  • 47,775

    Units

  • 110

    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 February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity