Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Chesapeake city, Virginia?
City · Census ACS 5-Year estimates
The median gross rent in Chesapeake city, Virginia is $1,586/month (±$39), based on Census ACS 5-Year estimates (2024). The median home value is $378,400 (±$5,621), and the median household income is $95,373/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Chesapeake city, Virginia
| Metric | Value |
|---|---|
| Median Gross Rent | $1,586 |
| Median Home Value | $378,400 |
| Median Household Income | $95,373 |
| Total Housing Units | 93,626 |
| Renter-Occupied Units | 24,011 |
| Renter-Occupied Share | 26% |
| Households Paying 50%+ Income | 6,794 households |
Median Rent by Bedroom Count
| Bedroom | Median Rent | YoY |
|---|---|---|
| Studio | $1,270 | +0.0% |
| 1 BR | $1,471 | +0.0% |
| 2 BR | $1,489 | +0.0% |
| 3 BR | $1,726 | +0.0% |
| 4 BR | $2,283 | +0.0% |
| 5+ BR | $2,776 | +0.0% |
How does Chesapeake city, Virginia compare?
Median gross rent ranked against all cities in Virginia.
Higher rent than 65% of cities in Virginia · 164th of 470
| # | City | Value |
|---|---|---|
| 1 | Great Falls CDP | $3,501 |
| 1 | South Run CDP | $3,501 |
| 1 | Wakefield CDP | $3,501 |
| … 160 more … | ||
| 164 | Chesapeake city(you are here) | $1,586 |
| … 303 more … | ||
| 468 | St. Paul town | $460 |
| 469 | Fries town | $333 |
| 470 | Lovingston CDP | $232 |
More data for Chesapeake city, Virginia
Browse by State
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Puerto Rico
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
Frequently asked questions
What is the average rent in Chesapeake city, Virginia?
The median gross rent in Chesapeake city, Virginia is $1,586/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Chesapeake city, Virginia?
The median rent for a 2-bedroom in Chesapeake city, Virginia is $1,489/month based on Census ACS 5-Year estimates (2024). Margin of error: ±$65. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Chesapeake city, Virginia?
The median home value in Chesapeake city, Virginia is $378,400 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Chesapeake city are rent-burdened?
In Chesapeake city, Virginia, 6,794 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Chesapeake city, Virginia?
The median household income in Chesapeake city, Virginia is $95,373/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,586 has a margin of error of ±$39. In very small areas, MOEs can be large relative to the estimate.
Managing rental properties?
Tenanture helps property managers reply to every inbound lead, qualify applicants against your rules, and handle tenant inquiries automatically.
Get started free