The Most Affordable Neighborhoods in Great Bridge East, Chesapeake, VA by Home Value

 

Great Bridge East, Chesapeake, VA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Great Bridge East area can be challenging. Home prices in Great Bridge East are now at a median cost of $465,571, higher than the Chesapeake average of $376,841.

The average cost of rent is $2,596/mo in Great Bridge East, primarily driven by the current value of real estate in the Great Bridge East area. In Great Bridge East, 6.60% of households rent, and 22.73% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Great Bridge East is $12,412 per month. Households that rent pay about 20.91% of their income on rent here. Great Bridge East’s most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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