Chesapeake, VA · Virginia Beach metro
September 2026
23320,23321,23322
Long-term Rental Rates
Long-term rental rates for Chesapeake (23320,23321,23322), in the Virginia Beach metro area, as of September 2026.
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,697 – $1,876 | 21.25% | 11.88% |
| 2-Bedroom | $1,869 – $2,065 | 3.82% | 13.60% |
| 3-Bedroom | $2,406 – $2,686 | 4.80% | 8.72% |
| 4-Bedroom | $3,075 – $3,275 | 0.81% | 5.29% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,680 – $1,801 | 0.02% | 7.47% |
| 2-Bedroom | $1,856 – $1,979 | 2.48% | 5.83% |
| 3-Bedroom | $2,233 – $2,347 | -1.93% | -2.03% |
| 4-Bedroom | $2,929 – $3,154 | -0.02% | 3.34% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,686 – $1,784 | 2.66% | 6.82% |
| 2-Bedroom | $1,835 – $1,956 | 0.69% | 5.92% |
| 3-Bedroom | $2,316 – $2,544 | -0.65% | 4.65% |
| 4-Bedroom | $2,887 – $3,204 | 0.48% | 4.84% |
In the Chesapeake (23320, 23321, 23322) rental market, 1-bedroom apartments fell to $1,509, marking a -13.415% decrease month-over-month and a -3.91% year-over-year slide. This is the sharpest decline among apartment segments, signaling weakening demand for entry-level units.
Rent levels in Chesapeake (23320, 23321, 23322) show 3-bedroom single-family homes at $2,492, outpacing comparable condos/townhomes at $2,349 by $143. Single-family homes also rose 7.61% year-over-year, while condos posted a marginal decline of -0.12% YoY for this segment.
Among larger units, Chesapeake (23320, 23321, 23322) rental trends indicate 4-bedroom apartments reached $3,132 with a 5.21% year-over-year increase. This growth outpaces 4-bedroom condos and single-family homes, both of which registered lower annual gains, reflecting sustained demand for spacious apartment offerings.