Last updated
Average Rent in Chesapeake 23464 & Rent Trends
Rent prices and market trends across 2 apartment communities in Chesapeake 23464, Chesapeake VA. Updated daily.
Market Average
$1,973/mo
▼ 0.8% from last month
Lowest Available
$1,605/mo
cheapest unit on market
Communities
2
tracked daily
Units Listed
24
available now
Chesapeake 23464 vs Chesapeake VA Average
Chesapeake 23464 is cheaper the Chesapeake VA average by $14/mo (1%). The citywide average is $1,987/mo across all neighborhoods.
Is Rent Going Up or Down in Chesapeake 23464?
As of April 2026, the average rent in Chesapeake 23464 is $1,973 per month across 2 apartment communities and 24 available units. Rents have decreased $16 (0.8%) over the past month.
The most affordable option is The Cascades starting at $1,605/mo. By unit type, a 1-bedroom averages $1,635/mo, a 2-bedroom averages $2,092/mo, a 3-bedroom averages $2,357/mo.
Prices range from $1,605 to $2,423 per month. The most common price point is the $2,000 range, where 10 units are currently listed.
Chesapeake 23464 Rent Price History
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Chesapeake 23464
Rent Prices by Apartment in Chesapeake 23464
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| The Cascades | $1,605/mo | $1,971/mo | 20 | 4 |
| Infinity at Centerville Crossing | $1,655/mo | $1,981/mo | 4 | 4.3 |
Google Search Trends for Chesapeake 23464 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Chesapeake 23464
What is the average rent in Chesapeake 23464?
Is rent going up or down in Chesapeake 23464?
What is the cheapest apartment in Chesapeake 23464?
How much is a 1-bedroom apartment in Chesapeake 23464?
How many apartments are available in Chesapeake 23464?
What salary do I need to live comfortably in Chesapeake 23464?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$79,000/year
30 percent rule — using our average rent of $1,973/mo.
Comfortable income
$95,000/year
25 percent rule — leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,605/mo), you need to earn at least $64,000/year.
Median household income in Chesapeake 23464 is $94,189 — about 1% below the comfortable-living threshold.
Cost of living in Chesapeake 23464
Overall prices in Chesapeake 23464 runs below the national average by about 2% (BEA Regional Price Parity index 97.7, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Chesapeake 23464's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,973 |
| Utilities | $420 |
| Groceries | $524 |
| Transportation | $1,001 |
| Healthcare | $488 |
| Other goods and services | $781 |
| Estimated total | $5,188/mo |
Population
251,153
Median household income
$94,189
Census median rent
$1,523/mo
Rent as % of income
33.0%
Median age
37.7
Mean commute
26 min
Methodology
† Rent data is sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living estimates for utilities, groceries, transportation, healthcare, and other goods and services combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures (median household income, population, median age, commute time, Census median rent, rent as percentage of income) come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Explore Chesapeake 23464 Apartments
Browse all 2 communities with daily-updated pricing and availability.