Rent in Chesapeake, VA
Across Chesapeake's 9 ZIP codes, a 2-bedroom typically rents for about $1,790 a month, with figures from $1,066–$2,120. The highest typical rent is in 23322 ($1,906) and the lowest in 23324 ($1,243). Owner-occupied homes in Chesapeake city pay about 0.82% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,580 | $1,250–$1,870 | 9 |
| 1 bed | $1,600 | $1,117–$1,934 | 9 |
| 2 beds | $1,790 | $1,066–$2,120 | 9 |
| 3 beds | $2,397 | $1,405–$2,920 | 9 |
| 4 beds | $2,910 | $1,913–$3,500+ | 9 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Chesapeake ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Chesapeake, VA?
- About $1,790 a month: the median of the typical rents in 9 ZIP codes, which range from $1,066–$2,120. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Chesapeake, VA?
- About $1,600 a month: the median of the typical rents in 9 ZIP codes, which range from $1,117–$1,934. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Chesapeake, VA?
- About $2,397 a month: the median of the typical rents in 9 ZIP codes, which range from $1,405–$2,920. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Chesapeake, VA?
- About $1,580 a month: the median of the typical rents in 9 ZIP codes, which range from $1,250–$1,870. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Chesapeake, VA?
- About $2,910 a month: the median of the typical rents in 9 ZIP codes, which range from $1,913–$3,500+. Figures are gross rent (rent plus tenant-paid utilities).
- Which Chesapeake ZIP code has the highest rent?
- For a 2-bedroom, 23322 has the highest typical rent at $1,906 a month, and 23324 the lowest at $1,243.
- What is the property tax rate in Chesapeake, VA?
- Owner-occupied homes in Chesapeake city pay a typical 0.82% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Chesapeake rent figures come from?
- HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).