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252 2 Bedroom Apartments for rent in Chesapeake, VA

Last updated December 14 at 10:00pm UTC
Holly Point Apartments
2540 Holly Point Blvd
Chesapeake, VA
Updated December 14 at 7:10pm UTC
2 Bedrooms
$1,120
Red Knot at Edinburgh
236 Red Knot Way
Chesapeake, VA
Updated December 11 at 7:27pm UTC
2 Bedrooms
$1,399
Cottage Trails at Culpepper Landing
3000 Conservancy Drive
Chesapeake, VA
Updated December 14 at 7:10pm UTC
2 Bedrooms
$1,445
Tattersall
504 Cap Stone Arch
Chesapeake, VA
Updated December 14 at 7:08pm UTC
2 Bedrooms
$1,365
704 B Rapidan River Ct
Greenbrier West
Chesapeake, VA
Updated December 14 at 10:00pm UTC
2 Bedrooms
$1,225
1732 A Rock Bridge Mews
Greenbrier East
Chesapeake, VA
Updated December 14 at 9:44am UTC
2 Bedrooms
$1,500
405 Bracknell Arch C
Greenbrier West
Chesapeake, VA
Updated December 14 at 10:16am UTC
2 Bedrooms
$1,295
1092 KEMPSVILLE ROAD
Greenbrier East
Chesapeake, VA
Updated December 14 at 10:12am UTC
2 Bedrooms
$1,095
1314 Damyien Arch
Greenbrier West
Chesapeake, VA
Updated December 14 at 9:20pm UTC
2 Bedrooms
$1,350
2420 Leytonstone Drive
Western Branch North
Chesapeake, VA
Updated December 14 at 9:20pm UTC
2 Bedrooms
$1,475
249 N Hill LN N
Great Bridge East
Chesapeake, VA
Updated December 14 at 9:20pm UTC
2 Bedrooms
$1,350
1644 Orchard Grove DR
Greenbrier East
Chesapeake, VA
Updated December 14 at 9:20pm UTC
2 Bedrooms
$1,450
830 Partridge Avenue
South Norfolk
Chesapeake, VA
Updated December 14 at 9:20pm UTC
2 Bedrooms
$900
704 B Rapidan River Ct
Greenbrier West
Chesapeake, VA
Updated December 8 at 10:24am UTC
2 Bedrooms
$1,225
300 San Roman Drive
Great Bridge
Chesapeake, VA
Updated December 8 at 10:19am UTC
2 Bedrooms
$1,175
3359 Bangor Crescent
Western Branch North
Chesapeake, VA
Updated December 14 at 9:20pm UTC
2 Bedrooms
$1,400
922 Wickford Drive
Greenbrier West
Chesapeake, VA
Updated December 14 at 9:20pm UTC
2 Bedrooms
$1,095
213 Cedar Creek Terrace
Great Bridge
Chesapeake, VA
Updated December 8 at 10:18am UTC
2 Bedrooms
$1,050
910 Spinnaker Ct
Greenbrier East
Chesapeake, VA
Updated December 14 at 9:44am UTC
2 Bedrooms
$1,995

December 2018 Chesapeake Rent Report

Welcome to the December 2018 Chesapeake Rent Report. Chesapeake rents increased over the past month. In this report, we'll evaluate trends in the Chesapeake rental market, including comparisons to cities throughout the state and nation.

View full Chesapeake Rent Report
Rent Report
Chesapeake

December 2018 Chesapeake Rent Report

Welcome to the December 2018 Chesapeake Rent Report. Chesapeake rents increased over the past month. In this report, we'll evaluate trends in the Chesapeake rental market, including comparisons to cities throughout the state and nation.

Chesapeake rents increased slightly over the past month

Chesapeake rents have increased 0.2% over the past month, and have increased slightly by 1.4% in comparison to the same time last year. Currently, median rents in Chesapeake stand at $990 for a one-bedroom apartment and $1,200 for a two-bedroom. This is the fourth straight month that the city has seen rent increases after a decline in July. Chesapeake's year-over-year rent growth lags the state average of 1.8%, but exceeds the national average of 1.3%.

Rents rising across cities in Virginia

Throughout the past year, rent increases have been occurring not just in the city of Chesapeake, but across the entire state. Of the largest 10 cities that we have data for in Virginia, 8 of them have seen prices rise. The state as a whole logged rent growth of 1.8% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Arlington is the most expensive of all Virginia's major cities, with a median two-bedroom rent of $2,080; of the 10 largest cities in Virginia that we have data for, Portsmouth and Norfolk, where two-bedrooms go for $930 and $950, are the only two major cities in the state to see rents fall year-over-year (-0.6% and -0.1%).
  • Arlington, Richmond, and Alexandria have all experienced year-over-year growth above the state average (3.4%, 2.9%, and 2.0%, respectively).

Chesapeake rents more affordable than many large cities nationwide

As rents have increased slightly in Chesapeake, a few large cities nationwide have seen rents grow more quickly. Chesapeake is still more affordable than most large cities across the country.

  • Chesapeake's median two-bedroom rent of $1,200 is slightly above the national average of $1,180. Nationwide, rents have grown by 1.3% over the past year compared to the 1.4% increase in Chesapeake.
  • While Chesapeake's rents rose slightly over the past year, the city of Seattle saw a decrease of 0.4%.
  • Renters will find more reasonable prices in Chesapeake than most large cities. For example, San Francisco has a median 2BR rent of $3,100, which is more than two-and-a-half times the price in Chesapeake.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Virginia Beach $1,070 $1,290 0.2% 0.5%
Norfolk $790 $950 -0.0% -0.1%
Chesapeake $990 $1,200 0.2% 1.4%
Newport News $840 $1,010 -0.4% 0.1%
Hampton $870 $1,050 0.3% 0.6%
Portsmouth $770 $930 0.7% -0.6%
Suffolk $920 $1,110 0.4% 1.9%
Williamsburg $1,010 $1,210 0.2% 1.8%

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.