Most Affordable Neighborhoods in Chesapeake, VA
Some of the cheapest neighborhoods in Chesapeake are South Norfolk, Western Branch North, and Ashley Woods. These neighborhoods offer some of the lowest rent prices in Chesapeake, making them ideal for renters on a budget. As of September 12, 2025, the average rent in Chesapeake is $1,650, which is 3.3% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
South Norfolk
Average Rent
$1,353/Month
Year-Over-Year Rent Change
2.3%
TransitScore® Rating
34/100
Units Available
26 Rentals
South Norfolk is a historic neighborhood along the Elizabeth River with charming homes and tree-lined streets. Renters will appreciate the community’s rich history and proximity to Chesapeake's most popular attractions.
Western Branch North
Average Rent
$1,460/Month
Year-Over-Year Rent Change
3.9%
TransitScore® Rating
22/100
Units Available
30 Rentals
The northernmost part of Chesapeake, Western Branch North offers small-town charm with proximity to Chesapeake's historic centers and popular activities. Renters will appreciate the quiet, suburban feel and proximity to shopping and dining at Chesapeake Square Mall.
Ashley Woods
Average Rent
$1,516/Month
Units Available
14 Rentals
Ashley Woods is an affordable neighborhood in Chesapeake with an average rent price of $1,516. Compare this to the city average of $1,650. Ashley Woods provides easy access to Children's Museum of Virginia, Norfolk State University, and Nsu.
The Club Villas Condominiums
Average Rent
$1,516/Month
TransitScore® Rating
26/100
Units Available
14 Rentals
If you’re looking for a great, affordable neighborhood in Chesapeake, The Club Villas Condominiums might be the perfect place! It has an average rent price of $1,516, while the city’s average stands at $1,650. The Club Villas Condominiums is near Chesapeake Planetarium, Norfolk State University, and Newtown Road.
Fairways Villas Condominiums
Average Rent
$1,516/Month
Units Available
14 Rentals
Fairways Villas Condominiums is a top choice for budget-conscious renters for a variety of reasons. The average rent in Fairways Villas Condominiums is $1,516 while the city average is $1,650. Residents enjoy convenient access to Regent University, Greenbrier South, and Military Highway.
Mill Quarter
Average Rent
$1,516/Month
TransitScore® Rating
36/100
Units Available
14 Rentals
When you’re looking for a great Chesapeake neighborhood on a budget, check out Mill Quarter. The average rent is $1,516, compared to the city average of $1,650. Mill Quarter is convenient to Newtown Road, Chesapeake Planetarium, and Ballentine / Broad Creek. The community is somewhat walkable with a WalkScore® of 64.
North Trail at the Arboretum
Average Rent
$1,524/Month
TransitScore® Rating
18/100
Units Available
11 Rentals
North Trail at the Arboretum is an affordable neighborhood in Chesapeake with an average rent price of $1,524. Compare this to the city average of $1,650. North Trail at the Arboretum provides easy access to Greenbrier Shoppes, Norfolk State University, and Ballentine / Broad Creek. It’s a car-dependent neighborhood with a WalkScore® of 37.
Indian River
Average Rent
$1,550/Month
Year-Over-Year Rent Change
4.7%
TransitScore® Rating
38/100
Units Available
58 Rentals
Indian River is a well-established neighborhood located in the middle of all Chesapeake has to offer. This historic neighborhood offers the community of a small town, the convenience of a suburb, the natural beauty of a secluded area, and the activity of an urban center.
Logans Mill
Average Rent
$1,559/Month
Units Available
11 Rentals
If you’re looking for a great, affordable neighborhood in Chesapeake, Logans Mill might be the perfect place! It has an average rent price of $1,559, while the city’s average stands at $1,650. Logans Mill is near Tidewater C.C., Chesapeake, Nauticus, and Chesapeake Arboretum.
Woodgate Commons
Average Rent
$1,559/Month
Units Available
11 Rentals
Woodgate Commons is a top choice for budget-conscious renters for a variety of reasons. The average rent in Woodgate Commons is $1,559 while the city average is $1,650. Residents enjoy convenient access to Chesapeake Arboretum, Military Highway, and Norfolk International.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.