Rent by ZIP code in Chesapeake
| ZIP code | County | Typical rent | vs city median |
|---|---|---|---|
| 23322 | Chesapeake City | $2,846 | +44% |
| 23323 | Chesapeake City | $2,299 | +16% |
| 23320 | Chesapeake City | $2,084 | +6% |
| 23325 | Chesapeake City | $1,864 | -6% |
| 23321 | Chesapeake City | $1,805 | -9% |
| 23324 | Chesapeake City | $1,641 | -17% |
Rent by bedroom count in Chesapeake
Zillow's index above blends every unit size into one number. For a bedroom level view, these are HUD's FY2027 Fair Market Rents for Chesapeake city. They include utilities and sit near the 40th percentile of the market, so treat them as the low side of what a typical unit lists for. Chesapeake city uses Small Area FMRs, and the two bedroom figure runs from $1,420 to $2,120 depending on the Chesapeake ZIP code.
| Unit size | FY2027 Fair Market Rent | Change from FY2026 |
|---|---|---|
| Studio | $1,470 | -1.5% |
| 1 bedroom | $1,488 | -1.6% |
| 2 bedroom | $1,667 | -2.7% |
| 3 bedroom | $2,298 | -3.3% |
| 4 bedroom | $2,710 | -3.1% |
Source: HUD Fair Market Rents. Updates when HUD publishes a new fiscal year.
Is rent going up or down in Chesapeake?
Typical rent across Chesapeake City is $2,058 as of September 2026. That is up 6.3% from a year earlier and up 28.3% over five years.
| Year | Typical rent, Chesapeake City | Change |
|---|---|---|
| 2021 | $1,643 | +13.3% |
| 2022 | $1,727 | +5.1% |
| 2023 | $1,798 | +4.1% |
| 2024 | $1,895 | +5.4% |
| 2025 | $1,981 | +4.6% |
| 2026 (through September) | $2,058 | +3.9% |
Zillow Observed Rent Index for the county, all home types, last published month of each year. Each row is compared with the end of the year before it.
Chesapeake rent questions
- What is the average rent in Chesapeake, VA?
- Typical asking rent in Chesapeake is $1,974 a month as of September 2026, across 6 ZIP codes. By ZIP code it runs from $1,641 to $2,846.
- How much is rent for a 2 bedroom in Chesapeake?
- HUD's FY2027 Fair Market Rent for a two bedroom in Chesapeake city is $1,667 a month including utilities. A one bedroom is $1,488 and a three bedroom is $2,298. Fair Market Rent is set near the 40th percentile, so a typical unit lists somewhat higher.
- Is rent going up or down in Chesapeake?
- Rent is rising. Typical rent in Chesapeake City is $2,058 as of September 2026, up 6.3% from a year earlier.
- What is the cheapest ZIP code to rent in Chesapeake?
- ZIP 23324 has the lowest typical asking rent in Chesapeake at $1,641 a month, compared with $1,974 for the city overall.
- How much income do you need to rent in Chesapeake?
- Most landlords look for gross income of about three times the rent. At the typical Chesapeake rent of $1,974, that is about $5,922 a month, or $71,064 a year. This is a common screening rule of thumb, and individual landlords set their own.
How to use these numbers
These are Zillow Observed Rent Index values, a smoothed measure of typical asking rent for single family homes, condos, and apartments in each ZIP code. They describe what units are listed for, not what any specific unit will get. Condition, bedroom count, and the exact block all move the number.
If you are underwriting a purchase, use the ZIP figure rather than the city median, and then verify against live listings for the same bedroom count before you commit. Chesapeake sits in the Virginia Beach-Norfolk-Newport News, VA-NC metro area.