Rent in Chesapeake city, VA at a glance
2-bedroom rent (HUD)
$1,713$20,556 a year · HUD fiscal year 2026From October 1, 2026: $1,667 (−2.7%)How much rent can you afford in Chesapeake city, VA?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
Rent in Chesapeake city, VA by bedroom, and the pay it takes
Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.
| Size | A month | A year | Income needed | Hourly wage needed |
|---|---|---|---|---|
| Studio | $1,492 | $17,904 | $59,680 | $28.69/hr |
| 1 bedroom | $1,512 | $18,144 | $60,480 | $29.08/hr |
| 2 bedroomsMost searched | $1,713 | $20,556 | $68,520 | $32.94/hr |
| 3 bedrooms | $2,376 | $28,512 | $95,040 | $45.69/hr |
| 4 bedrooms | $2,797 | $33,564 | $111,880 | $53.79/hr |
Cost of living in Chesapeake city, VA: income, prices and a budget →
Living and working in Chesapeake city, VA
Rent in Chesapeake city, VA: common questions
How much is rent going down in Chesapeake city, VA in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,667 for a two-bedroom, down 2.7% from $1,713. A one-bedroom goes from $1,512 to $1,488, a studio from $1,492 to $1,470.
These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.
What is the average rent in Chesapeake city, VA?
HUD's Fair Market Rent for 2026 is $1,512 for a one-bedroom and $1,713 for a two-bedroom, utilities included. That is $20,556 a year for the two-bedroom.
It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.
How much do you need to make to afford rent in Chesapeake city, VA?
To keep a $1,713 two-bedroom at 30% of gross pay, one full-time worker needs $32.94 an hour, or $68,520 a year. A one-bedroom at $1,512 takes $29.08 an hour.
How much is a 1, 2 or 3-bedroom apartment in Chesapeake city, VA?
At HUD's 2026 Fair Market Rent: studio $1,492, one bedroom $1,512, two $1,713, three $2,376 and four $2,797 a month.
Is rent affordable in Chesapeake city, VA?
For the typical household, earning $95,373 a year ($7,948 a month, Census ACS), a two-bedroom at $1,713 takes 21.6% of income. Under 30% is the usual line for affordable; this is under it.
How is the income needed for rent worked out?
Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($1,713 × 12) ÷ 0.30 = $68,520. Divided by 2,080 working hours, that is $32.94 an hour.