housing costs · Virginia
Housing costs in Chesapeake city
What it costs to live here: rent, home values and the share of income rent takes.
Median gross rent
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $1,586 | ± $39 | evidence → |
| 2019–2023 | $1,523 | ± $52 | evidence → |
| 2018–2022 | $1,446 | ± $36 | evidence → |
| 2017–2021 | $1,328 | ± $30 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $378,400 | ± $5,621 | evidence → |
| 2019–2023 | $359,100 | ± $6,302 | evidence → |
| 2018–2022 | $339,500 | ± $5,413 | evidence → |
| 2017–2021 | $291,700 | ± $4,139 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 33.8 % | ± 2.1 % | evidence → |
| 2019–2023 | 33.0 % | ± 2.0 % | evidence → |
| 2018–2022 | 32.3 % | ± 1.6 % | evidence → |
| 2017–2021 | 32.3 % | ± 1.7 % | evidence → |
In context
Median rent in Chesapeake city is $1,586, above the Virginia median of $1,059 across 133 counties (2020–2024).
American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.