Chesapeake Pointe
3537 Towne Pointe Rd,
Chesapeake, VA 23321
1-3 Beds | $1,134 - $1,859
Rental Market Trends in Chesapeake, VA
What is the average rent in Chesapeake, VA?
$1,592/month
Average Rent
771 Sq Ft
Average Apartment Size
+3.5%
Increase in the Last Year
As of December 2024, the average rent in Chesapeake, VA is $1,592 per month. For comparison, the national average rent price in the US is currently $1,560/month, which means Chesapeake rent prices are 2% higher than the national average. When you rent an apartment in Chesapeake, you can expect to pay about $1,803 per month for a studio, $1,592 for a one-bedroom apartment, and around $1,718 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,152 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 3.5%, which averages out to $57 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 December 2024
Legend
2023
2024
Rent Ranges in Chesapeake, VA
Last Updated December 2024
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
6%
$700 - $1,000/month
43%
$1,001 - $1,500/month
37%
$1,501 - $2,000/month
14%
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, Great Bridge East 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, Deep Creek South, Culpepper Landing and Greenbrier West 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 West, Greenbrier East and Pleasant Grove West .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Chesapeake, VA?
Because the average rent in Chesapeake is $1,592, you’ll want to make about $5,306 per month or $63,672 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
-
-
One Bedroom
$1,100/month
-
Two Bedroom
$1,227/month
-
Three Bedroom
$1,437/month
-
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Methodology
† 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.
* Percentages may not total 100 due to rounding.