Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Chesapeake City area can be challenging. Home prices in Chesapeake City are now at a median cost of $299,875, lower than the Virginia average of $323,261.
The average cost of rent is $1,564/mo in Chesapeake City, primarily driven by the current value of real estate in the Chesapeake City area. While nearly 24.74% of residents own their homes outright in Chesapeake City, 28.10% rent.
Housing affordability isn’t just about home prices, though. The average household income in Chesapeake City is $7,673 per month. Households that rent pay about 20.38% of their income on rent here. Chesapeake City's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the county.
Nearby Counties
- Portsmouth City, VA: less expensive homes
- Norfolk City, VA: less expensive homes
- Virginia Beach City, VA: higher priced homes
- Suffolk City, VA: equally priced homes
- Franklin City, VA: less expensive homes
- Southampton County, VA: less expensive homes
- Greensville County, VA: less expensive homes
- Emporia City, VA: less expensive homes
- Brunswick County, VA: less expensive homes
- Mecklenburg County, VA: less expensive homes
Counties with Similar Populations
- Hawaii County, HI: higher priced homes
- Rockingham County, NH: higher priced homes
- Richmond County, GA: less expensive homes
- Onslow County, NC: less expensive homes
- Marion County, OR: equally priced homes
- Marin County, CA: higher priced homes
- Mahoning County, OH: less expensive homes
- Luzerne County, PA: less expensive homes
- Jackson County, OR: higher priced homes
- Ingham County, MI: less expensive homes
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