Apartments & Condos for Rent in Chesapeake, VA

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What to Know About

Living in Chesapeake, VA

Chesapeake is a beautiful city in the heart of Hampton Roads, known for its diverse natural landscapes, rich cultural offerings, and strong sense of community. Enjoy the Great Bridge Battlefield and Waterways History Foundation, the Chesapeake Arboretum, and the Dismal Swamp Canal Trail for culture and history. In addition, you have the Tidewater Community College and Regent University for high-quality education and a range of academic choices.

For those who love the great outdoors, explore the Great Dismal Swamp National Wildlife Refuge, Northwest River Park, and Oak Grove Lake Park. Discover the excitement of sports through the Chesapeake Suns, a local baseball team. Chesapeake also offers a range of dining experiences, from classic American cuisine to worldwide dishes, making it perfect for food lovers. Throughout the year, the city comes alive with various events and festivals that showcase the city's unique character, including the Chesapeake Jubilee, the Wine Festival, and the Art Walk.

Chesapeake is a fantastic place to call home, offering a high quality of life, diverse cultural offerings, and easy access to all the Hampton Roads region has to offer.

Rental Market Trends

Chesapeake, VA

As of April 2025, Chesapeake's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Chesapeake's average rent is 0.2% ($4) lower than the Virginia average of $1,878 and 4.2% ($75) higher than the U.S. average of $1,799.

Average Rent
$1,874
Monthly ChangeMonth Over Month Change
Increased2.5% ($45)
Yearly ChangeYear Over Year Change
Increased1.2% ($23)
Avg. Days on MarketAverage Days on Market
26
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,543 Decreased2.3% ($37) Increased13% ($178)
2 Beds $1,820 Increased2.2% ($40) Increased19% ($290)
3 Beds $2,029 Decreased7.5% ($165) Decreased2.7% ($56)
Nearby Cities Average Rent Avg. Rent vs. ChesapeakeAverage Rent vs. Chesapeake Avg. Days on MarketAverage Days on Market
Portsmouth $1,612 Decreased14% ($262) 25 days
Norfolk $1,912 Increased2% ($38) 27 days
Virginia Beach $1,659 Decreased11.5% ($215) 33 days
Suffolk $1,867 Decreased0.4% ($7) 38 days
Carrollton $1,767 Decreased5.7% ($107) 37 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Chesapeake Rental Market FAQs

Explore rental prices, market trends, and availability in Chesapeake, VA.

The average rent in Chesapeake, VA is $1,874 per month.
Apartments in Chesapeake typically rent for between $1,080 and $2,638 per month, with an average of $1,874 per month.
In Chesapeake, the average rent for a 1-bedroom apartment is $1,543 per month, for a 2-bedroom apartment, $1,820 per month, and a 3-bedroom apartment is $2,029 per month.
The average rent in Chesapeake is 4.2% ($75) higher than the national average of $1,799 per month.
The average rent in Chesapeake has increased by 2.5% ($45) in the last month and increased by 1.2% ($23) over the past year.
The rental market in Chesapeake, VA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Chesapeake, VA, the average rental stays on the market for approximately 26 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 91 rental properties available in Chesapeake, VA.
Based on the current averages, a household would need an annual income of $72,800 to comfortably afford a 2-bedroom apartment in Chesapeake.
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