Chesapeake, VA Rental Market Trends
Last updated: February 18, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Chesapeake is $1,768, a 3.94% increase compared to the previous year, when the average rent was $1,701.
Studio Apartments at $1,751 offer the most budget-friendly option with 556 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 779 square feet for $1,617, balancing privacy and affordability.
Two-beedroom units at $1,766 offer 1,026 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,297 sq ft) for $2,219, suitable for larger households.
Average rent in Chesapeake, VA
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,768 | 982 sq. ft. |
| Studio | $1,751 | 556 sq. ft. |
| 1 Bed | $1,617 | 779 sq. ft. |
| 2 Beds | $1,766 | 1,026 sq. ft. |
| 3 Beds | $2,219 | 1,297 sq. ft. |
Chesapeake, VA rent trends
What's the typical rent budget in Chesapeake, VA?
The largest share of rentals in Chesapeake, VA (50%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Chesapeake, VA?
24,221 or 26% of the households in Chesapeake, VA are renter-occupied while 68,140 or 74% are owner-occupied.
Most affordable neighborhoods in Chesapeake?
Battlefield Corporate Center $1,739/month
Greenbrier Mall $1,813/month
Greenbrier Commerce Park $1,955/month
All of these neighborhoods fall below the city wide average of $1,768/month.Average Rent in Chesapeake, VA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Greenbrier Commerce Park | $1,955 |
| Greenbrier Mall | $1,813 |
| Battlefield Corporate Center | $1,739 |
Chesapeake | Rent Comparison by Neighborhood
Rent in Battlefield Corporate Center is 11% lower than in Greenbrier Commerce Park
Battlefield Corporate Center rent is 2% lower than Chesapeake average
Greenbrier Commerce Park rent is 11% higher than Chesapeake average
How Chesapeake Compares to Other Cities
| City | Average Rent |
|---|---|
| Chesapeake | $1,768 |
| Richmond | $1,590 |
| Arlington | $2,643 |
| Alexandria | $2,140 |
| Newport News | $1,424 |
| Virginia Beach | $1,743 |
| Norfolk | $1,564 |
| Henrico | $1,589 |
| Woodbridge | $2,086 |
| Charlottesville | $2,101 |
| Roanoke | $1,373 |
| Carrollton, VA | $1,760 |
| Poquoson, VA | $1,815 |
| Hampton | $1,511 |
| Portsmouth | $1,371 |
| Suffolk | $1,809 |
| Elizabeth City, NC | $1,583 |
| Yorktown, VA | $1,832 |
| Smithfield, VA | $1,653 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Chesapeake apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.