Chesapeake, VA
June 2026
23320,23321,23322
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,691 – $1,869 | 2.05% | 13.77% |
| 2-Bedroom | $1,777 – $1,964 | -2.49% | 9.41% |
| 3-Bedroom | $2,305 – $2,547 | -1.88% | 7.23% |
| 4-Bedroom | $3,051 – $3,243 | 0.03% | 5.94% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,673 – $1,794 | 1.70% | 9.69% |
| 2-Bedroom | $1,842 – $1,964 | 0.12% | 4.79% |
| 3-Bedroom | $2,256 – $2,444 | -0.81% | 1.33% |
| 4-Bedroom | $2,864 – $3,041 | 1.61% | 2.44% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,676 – $1,770 | 1.40% | 8.12% |
| 2-Bedroom | $1,792 – $1,910 | 0.69% | 5.32% |
| 3-Bedroom | $2,370 – $2,619 | 0.57% | 9.50% |
| 4-Bedroom | $2,795 – $3,058 | -1.53% | 0.76% |
In the Chesapeake (23320, 23321, 23322) rental market, 1-bedroom apartments rose 13.77% year-over-year to a median rent of $1,780. This annual appreciation outpaces all other segments, reflecting substantial demand and acceleration in pricing for entry-level apartment units.
Within the 3-bedroom category, single-family homes in Chesapeake (23320, 23321, 23322) reached a median rent of $2,494, compared to 3-bedroom condos at $2,350. This $144 gap, alongside a 9.50% YoY rise for single-family, shows them leading this segment.
Recent analysis of Chesapeake (23320, 23321, 23322) rental trends reveals 2-bedroom apartments dropped 2.49% month-over-month to $1,870, while 2-bedroom condos inched up by 0.12% MoM. This illustrates contrasting short-term direction in pricing across comparable segments.