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36 Apartments under 700 for rent in Chesapeake, VA

Last updated December 14 at 9:55pm UTC
4629 Charlton Court
Western Branch South
Chesapeake, VA
Updated December 14 at 9:20pm UTC
1 Bedroom
$650
1041 Chesapeake Avenue
South Norfolk
Chesapeake, VA
Updated December 14 at 9:20pm UTC
1 Bedroom
$650
Results within 1 miles of Chesapeake, VA
Marsh Landing
3817 George Washington Hwy
Portsmouth, VA
Updated December 14 at 7:11pm UTC
2 Bedrooms
$695
65 Nicholson St., Unit D
Cradock
Portsmouth, VA
Updated December 6 at 11:16am UTC
1 Bedroom
$600
Results within 5 miles of Chesapeake, VA
714 Thayor St ST
Chesterfield Heights
Norfolk, VA
Updated December 14 at 9:20pm UTC
1 Bedroom
$595
6225 Alexander Street - M
Sewells Gardens
Norfolk, VA
Updated December 14 at 7:23pm UTC
2 Bedrooms
$699
2918 Gazel Street - 2
Park Place
Norfolk, VA
Updated December 14 at 7:23pm UTC
2 Bedrooms
$699
2628 Shoop Avenue
Fairmont Park
Norfolk, VA
Updated December 14 at 9:20pm UTC
1 Bedroom
$650
3102 Vimy Ridge Avenue
Fairmont Park
Norfolk, VA
Updated December 14 at 9:20pm UTC
1 Bedroom
$649
862 Rugby Street
Lindenwood
Norfolk, VA
Updated December 14 at 9:20pm UTC
1 Bedroom
$695
104 Utah Street
Portsmouth
Portsmouth, VA
Updated December 14 at 9:20pm UTC
1 Bedroom
$595
812 W. 27th Street
Park Place
Norfolk, VA
Updated December 14 at 9:20pm UTC
1 Bedroom
$695
1444 41st Street
Lamberts Point
Norfolk, VA
Updated December 14 at 9:20pm UTC
2 Bedrooms
$695
3823 Caroline Avenue
Portsmouth
Portsmouth, VA
Updated December 14 at 9:20pm UTC
1 Bedroom
$695
873 Norview Avenue
Norview
Norfolk, VA
Updated December 14 at 9:20pm UTC
1 Bedroom
$650
Results within 10 miles of Chesapeake, VA
1281 Little Bay Ave
Willoughby
Norfolk, VA
Updated December 14 at 9:44am UTC
1 Bedroom
$575
1615 East Ocean View Avenue
Bayview
Norfolk, VA
Updated December 14 at 9:55pm UTC
1 Bedroom
$650
9621 8th Bay Street
East Ocean View
Norfolk, VA
Updated December 14 at 9:20pm UTC
2 Bedrooms
$690
9539 21st Bay Street
East Ocean View
Norfolk, VA
Updated December 14 at 9:20pm UTC
2 Bedrooms
$690
233 W Ocean View Avenue
West Ocean View
Norfolk, VA
Updated December 14 at 9:20pm UTC
1 Bedroom
$650
9628 12th Bay Street
East Ocean View
Norfolk, VA
Updated December 14 at 9:20pm UTC
1 Bedroom
$695
2 Bedrooms
Ask
783 Marvin Avenue
North Chesapeake Boulevard
Norfolk, VA
Updated December 14 at 9:20pm UTC
1 Bedroom
$650
2908 Marshall Avenue
Huntington
Newport News, VA
Updated December 14 at 9:20pm UTC
3 Bedrooms
$675
410 Little Creek Road
Wards Corner
Norfolk, VA
Updated December 14 at 9:20pm UTC
1 Bedroom
$650

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.