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.