Median rent for residential apartments in as of Feb, 2020.
Be informed, make custom offers based only on median rent prices. But keep in mind, that price depends on size/amenities of the apartment.
382 Chesapeake apartments for rent
Chesapeake
Chesapeake, VA has a population of 233,194, including 61% white, 30% black, and 5% latino.
| Population | 233,194 |
| Median Age | 36.7 |
| Poverty Rate | 9% |
| Median Income (Household) | $69,978 |
| Number Of Employees | 105,953 |
| Median Property Value | $256,500 |
City Overview
The median household income in Chesapeake, VA is around $69,978, while the median age is 36.7. This city is a home to major universities: Special Focus Two-Year: Other Fields, Everest College-Chesapeake, and Special Focus Institutions. 105,953 employees work in Chesapeake, VA. The homeownership rate among the residents is 70.06%. The median property value that you should keep in mind is $256,500.
Business & Economy
Wage by Common Jobs
Average salary: $38,369
- 1. Elementary & middle school teachers$49,336
- 2. Retail salespersons$46,074
- 3. Secretaries & administrative assistants$41,975
- 4. Nursing, psychiatric, & home health aides$30,222
- 5. Cashiers$24,240
Employment by Occupations
Numbers claim that the employment rate in Chesapeake, VA changed by 1%, so let’s see what are the most common job groups in this area. People of Chesapeake, VA prefer to work in Administrative, Sales and Management.
Employment by Industries
Keeping in mind that the employment rate changed by 1% recently, there must be a strong understanding of industries people of Chesapeake, VA work in. The most common industries are Healthcare & Social Assistance, Retail trade and Educational Services. Please note that not all the residents of Chesapeake, VA work in the area and may be employed outside of the city. Our data is tagged to their residential address, not the work address.
Demographics
Race & Ethnicity
According to latest census, Chesapeake, VA is a home for 61% white residents. The second common group is black with 30% residents. The list of the most common racial or ethnic groups is closed by latino with 5% residents.
Non-English Speakers
Education
Past year Chesapeake, VA universities awarded around 1,693 degrees. Statistics show that the population of students in Chesapeake, VA include 234 male students and 481 female students. Chesapeake, VA offers private and public tuition with a median cost of $343 for private four-year colleges and $0 for in-state public four-year colleges. The largest university of this city is the Everest College-Chesapeake with the majority of graduates. The Sentara College of Health Sciences and Aviation Institute of Maintenance-Chesapeake hold the second and the third place respectively. The share of the public colleges in Chesapeake, VA is 10.7% and 89.3% go to the private colleges.
Universities
- 1. Everest College-Chesapeake366 graduates
- 2. Sentara College of Health Sciences165 graduates
- 3. Aviation Institute of Maintenance-Chesapeake93 graduates
Public vs Private
- Public89.3%
- Private10.7%
Health and Safety
The age groups that most likely have the health care coverage in Chesapeake, VA are 6-17 years old for men and 6-17 years old for women. Chesapeake, VA offers a 84 primary care clinician to 1 patient ratio. Data records state that dentists ratio is 47 to 1, speaking of mental health doctors ratio, it’s 78 to 1 resident.
Clinician to Patient Ratios
| Primary Care | 1 to 84 |
| Dentists | 1 to 47 |
| Mental Health | 1 to 78 |
| Other | 1 to 58 |
Transportation
Commute Time
Average travel time: 24.78 minutes
- USA
- Chesapeake, VA
Commuter Transportation
The workers of Chesapeake, VA traveled to their offices around 24.78 minutes lately and drove alone to get there. The rest of the residents carpooled and worked at home.
- USA
- Chesapeake, VA
Housing Trends
Chesapeake, VA, USA Housing Trends
Average rent in Chesapeake: $1,610 (+19.1%)
| Rent Price | Feb | vs Last Month |
|---|---|---|
| 1 bed rentals | $1,056 | +21% |
| 2 bed rentals | $1,358 | +5.4% |
| 3 bed rentals | $1,540 | -6.2% |
| 4+ bed rentals | $2,236 | +15.3% |
| Rent Type Price | Feb | vs Last Month |
|---|---|---|
| House rentals | $1,895 | +11.4% |
| Apartment rentals | $1,383 | +0.1% |
| Townhouse rentals | $1,410 | -0.3% |
| Room rentals | $767 | +17.9% |
| Condo rentals | $1,478 | +21% |
| Loft rentals | $1,996 | +0% |
| Duplex rentals | $1,245 | -8.5% |
Over the Apr 2020, the average rent for an apartment in/near Chesapeake, VA increased by 19.1% to . Breaking it down in details, we now see that the average price for 1-bed apartment increased by 21% to . Pricing for 2-bed apartment also increased by 5.4% and a place of this size will now cost you . 3-bed apartment rent pricing starts at , it decreased by 6.2% lately. We tend to note the rise of 4- and more bed apartment pricing. It increased by 15.3% and made it up to .
The median rent for an apartment in Chesapeake, VA increased by 0.1% to . Statistics show that house rent price increased by 11.4% this month making it up to . Condos faced an upward trend these days. The median rent for a condo increased by 21%, it’s now available for . You can now rent a duplex for , duplex rent price decreased by 9.2% this month. The median rent for a loft did not face significant changes this time, it now still goes for . An average room will now go for , the median rent price for a room increased by 15.2%.
Rent vs Own
- Rent70%
- Own30%
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