Median home value: $410K (+2.8% YoY). Rent: $2,042/mo. Price-to-rent: 16.7x. Part of Virginia Beach-Norfolk-Newport News, VA-NC.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, Virginia Beach-Norfolk-Newport News, VA-NC metro page.
Home Value$410,288
+2.8%
Rent$2,042/mo
AFFORDABILITYRenting $340/mo cheaper ($2,042 rent)6.00% 30yr, 20% down, county tax + VA ins. 28% per HUD.
Enter your income for Chesapeake.
$82,058 on $410,288
Out of reach — 38.1% of income
Need $102,086/yr to afford.
PITI$2,382
P/I38.1%
Afford$301K
Gap-$109K
P&I $1,968Tax $280Ins $133
Home Buying Kit For Dummies (2025)Financing, negotiation, closing