Chesapeake, Chesapeake City, VA Housing Trends, Rent, Price-to-Rent

Market Summary

Chesapeake, Chesapeake City, VA

Median Home Price Price

$401,670 $401.7K

Median Monthly Rent Rent

$2,066 $2.1K

GRM

16.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Chesapeake, VA is $2,066, with MoM change +$20 and YoY change +$138 pointing to positive momentum while volatility is low (std $33).

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Metric

Base market Chesapeake, VA

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Delta vs base

Median rent

$2,066

N/A

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Median price

$401,670

N/A

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YoY change

+$138

N/A

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Price-to-rent

16.2x

Data unavailable

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