The median home in Chesapeake, Virginia is valued at $410,288, up 2.8% year over year. Typical monthly rent is $2,042, producing a price-to-rent ratio of 16.7x — near the national average of 18x. Chesapeake is part of the Virginia Beach-Norfolk-Newport News, VA-NC metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$410,288

+2.8%

Rent$2,042/mo

Prices rising — worse for buyers.

Affordability

Enter your income for Chesapeake.

Income (annual)

Down Payment

$82,058 on $410,288

Example: $75,000 household income. Change it above to see your own.

Out of reach39.8% of income

Need $106,629/yr to afford.

PITI$2,488

P/I39.8%

Afford$289K

Gap-$122K

P&I $2,075Tax $280Ins $133

Renting $446/mo cheaper ($2,042 rent)6.50% 30yr, 20% down, county tax + VA ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Virginia

Compare Chesapeake with other housing markets across Virginia.

Great Falls$1.63M McLean$1.42M Waterford$1.28M Dunn Loring$1.19M Upperville$1.14M Vienna$1.13M Middleburg$1.11M Aldie$1.08M

Full Virginia Beach-Norfolk-Newport News, VA-NC analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Virginia Beach-Norfolk-Newport News, VA-NC metro.

View Virginia Beach-Norfolk-Newport News, VA-NC metro

Weekly briefing

Every Monday — score changes, top movers, and what shifted. Free.

Chesapeake, VA