Cheap Apartments for Rent in Chesapeake, VA from $500 (143 Rentals)

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Search the lowest-cost Apartments available for rent right now in Chesapeake.

property at 4633 Drum Point Ln

$1,000

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

Studio, 1 Bath Home for Rent

Available Now

4633 Drum Point Ln

ChesapeakeVA23321
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Riverstone I
$1,030 - $1,745
Total Monthly Price

Total Monthly Price

Base Rent
$1,010 - $1,725
Required Monthly Fees
$20

Total Monthly Price
$1,030 - $1,745
1 to 3 Bedroom Apartments Available Now

Riverstone I

2604 Townhouse LnChesapeake, VA 23323
Affordability
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  • Customer Reviewed
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Crosswinds Apartments
$1,056 - $1,436
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,050 - $1,430
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Contact Us For Availability

Crosswinds Apartments

910 Providence RdChesapeake, VA 23325
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Marina Point
$1,221 - $1,651
Total Monthly Price

Total Monthly Price

Base Rent
$1,120 - $1,550
Required Monthly Fees
$101

Total Monthly Price
$1,221 - $1,651
1 to 3 Bedroom Apartments Available Oct 16

Marina Point

1301 Canal DrChesapeake, VA 23323
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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Chesapeake Pointe
$1,234 - $1,954
Total Monthly Price

Total Monthly Price

Base Rent
$1,234 - $1,954

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Chesapeake Pointe

3537 Towne Pointe RdChesapeake, VA 23321
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  • Customer Reviewed
  • 3D Tour
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Green Tree Apartments
$1,247 - $1,867
Total Monthly Price

Total Monthly Price

Base Rent
$1,215 - $1,835
Required Monthly Fees
$32

Total Monthly Price
$1,247 - $1,867
1 to 2 Bedroom Apartments Available May 8

Green Tree Apartments

749 Green Tree CirChesapeake, VA 23320
Corporate Housing
  • Verified
  • Customer Reviewed
  • Low Income
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Taylor Pointe Apartments
$1,296 - $1,999
Total Monthly Price10 Month Lease Term

Total Monthly Price

Base Rent
$1,296 - $1,999

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Taylor Pointe Apartments

3245 Meadows WayChesapeake, VA 23321
Affordability
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  • Customer Reviewed
  • Utilities Included
property at 1216 Hoover Ave

$1,345

Total Monthly Price

Total Monthly Price

Base Rent
$1,345

Total Monthly Price
$1,345

2 Bedroom, 1 Bath Home for Rent

Available Now

1216 Hoover Ave

ChesapeakeVA23324

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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The Rivers
1 to 2 Bedroom Apartments

The Rivers

1085 Libertyville RdChesapeake, VA 23320
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Campostella Commons
2 to 3 Bedroom Apartments

Campostella Commons

2901 Fireside RdChesapeake, VA 23324
  • Utilities Included
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Elkhart Apartments
2 Bedroom Apartments

Elkhart Apartments

2701 Elkhart StChesapeake, VA 23323
  • Utilities Included
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Catalina Crossing
1 to 3 Bedroom Apartments

Catalina Crossing

2000 Randolph ArchChesapeake, VA 23320
Senior Living
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Landmark Apartments
2 to 3 Bedroom Apartments

Landmark Apartments

2900 Fireside RdChesapeake, VA 23324
  • Utilities Included
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Sunnybrook Apartments
2 Bedroom Apartments

Sunnybrook Apartments

2127-2129 Chesapeake DrChesapeake, VA 23324
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Taylor Bend Apartments
1 to 2 Bedroom Apartments

Taylor Bend Apartments

3500 Clover RdChesapeake, VA 23321
  • Utilities Included
property at 3408 Bainbridge Blvd

$1,175

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,175

Total Monthly Price
$1,175

1 Bedroom, 1 Bath Townhome for Rent

Available Now

3408 Bainbridge Blvd

ChesapeakeVA23324
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Kingsbridge North
1 to 2 Bedroom Apartments

Kingsbridge North

11 Battlefield Woods CtChesapeake, VA 23322
  • Utilities Included
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The Sterling
1 to 2 Bedroom Apartments

The Sterling

4271 Taylor RdChesapeake, VA 23321
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Thrive Apartment Homes
2 to 3 Bedroom Apartments

Thrive Apartment Homes

1020 Thrive PlaceChesapeake, VA 23323
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

property at 1130 Commerce Ave

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 1 Bath Home for Rent

Available Aug 23

1130 Commerce Ave

ChesapeakeVA23324
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2 Axson St, Unit C, Unit C
$950
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950
1 Bedroom Apartment Available Jun 1

2 Axson St, Unit C, Unit C

2 Axson StPortsmouth, VA 23702
Affordability
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Chesapeake, VA Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Chesapeake, VA

Pricing Updated: 05/04/2026

Current apartment rentals in the Chesapeake, VA area range in price from $875 to $3,658 with an overall median price of $2,364. The three Chesapeake neighborhoods with the lowest median rent pricing are Deep Creek West at $1,348, Deep Creek North at $875, and Greenbrier West at $961. Here is today’s list of the top 8 neighborhoods with the lowest median pricing for Chesapeake Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Deep Creek West$1,553$1,3483
Deep Creek North$1,558$87512
Greenbrier West$2,507$96131
Greenbrier East$2,513$1,12381
Deep Creek South$2,687$1,8035
Butts Station$2,700$1,25016
Great Bridge East$2,700$1,25016
Pleasant Grove West$2,700$96122

Cheapest Available Chesapeake Apartments for Rent

 

The cheapest available apartment rental in Chesapeake, VA is a 2 Beds unit found at Holley Pointe in the South Brambleton neighborhood priced from $507. New Port Landing in the Camelot neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here is today’s list of the most affordable Chesapeake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Holley Pointe2 Bdrm2BR,1BA$507
New Port Landing1 Bedroom 1 Bath1BR,1BA$875
The Grand at New PortMLGR2BR2BR,1BA$950
Westbridge Commons2 Beds, 1 bath2BR,1BA$961
Arbor Brook Apartments2BR/1.0BA2BR,1BA$995
Collinswood Lake Apartments1 Bed1BR,1BA$995
Ingleside Square Apartments2BR/1BA2BR,1BA$1,000
Harbor Square ApartmentsClassic2BR,1BA$1,025
The Orchards at BellevilleThe Magnolia1BR,1BA$1,073
Victory Square 55+ Senior CommunityThe Commodore1BR,1BA$1,115

Best Value Apartments for Rent in Chesapeake, VA

As of May 04, 2026 the best value apartment in the Chesapeake area is the $1.20 price per square foot 1048 Hillwell Rd Model at 1048 Hillwell Rd, Unit House in the in the Pleasant Grove neighborhood starting from $2,700. The second greatest value Chesapeake apartment is the 3BR Model at The Pointe at Pickett Farms starting at $1,500 with a $1.23 price per square foot in the Lake Taylor neighborhood. Here is today’s list of the best values for Chesapeake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1048 Hillwell Rd, Unit House1048 Hillwell Rd4BR,2BA$1.20
The Pointe at Pickett Farms3BR3BR,2BA$1.23
Collinswood Lake Apartments3 Beds3BR,1BA$1.14
426 London St426 London St2BR,1BA$1.14
The Banks at Berkley3 Bdrm3BR,2BA$1.25
Quill2BR2BR,2BA$1.26
Origin Circle at Kindred2BR2BR,1BA$1.26
Arbor Brook Apartments2BR/1.0BA2BR,1BA$1.11
Westbridge Commons2 Beds, 1 bath2BR,1BA$1.12
Harbor Square ApartmentsClassic2BR,1BA$1.28

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Chesapeake Overview

Recently ranking within the 'Top 25 Best Cities in America' by 'Business Week', Chesapeake is a distinctly proud and unique city in the great state of Virginia. Close to the Virginia Beach / Norfolk region, this flourishing city combines the benefits of a large municipality while keeping the natural ambiance of lakes, trails and parks as a scenic backdrop.

Why live in Chesapeake, VA?

Known for its abundance of public schools and health care industry, Chesapeake is an ideal place for home and family. Close to major hubs such as Suffolk and Portsmouth, this idyllic destination boasts much of the lifestyle that Virginia is known for. Located near numerous stretches of natural beauty, Chesapeake makes a perfect destination for lovers of the great outdoors as well.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Chesapeake, VA Rentals by Map

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Frequently Asked Questions about Cheap Chesapeake Apartments

What is a cheap apartment in Chesapeake?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Chesapeake is under $1,115.

What is the price of a cheap apartment in Chesapeake?

The cheapest apartment in Chesapeake is New Port Landing which is listed at $875, while the average apartment in Chesapeake costs $2,364.

What types of apartments are the cheapest in Chesapeake?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 22 regular apartments in Chesapeake that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Chesapeake?

Cheap apartments in Chesapeake have an average cost of $553 which is $1,811 cheaper than the average rent for all rentals in Chesapeake.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.