Cheap Homes for Rent in Chesapeake, VA from $700 (36 Rentals)

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

property at 1517 Summit Ave

$1,125

1 Bedroom, 1 Bath Condo for Rent

Available Now

1517 Summit Ave

PortsmouthVA23704

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.

property at 811 Randolph St

$1,150

2 Bedroom, 1 Bath Condo for Rent

Available Now

811 Randolph St

PortsmouthVA23704
property at 1510 Wilson Rd

$1,200

3 Bedroom, 1 Bath Condo for Rent

Available Now

1510 Wilson Rd

NorfolkVA23523
property at 13 Hedge Ln

$1,250

2 Bedroom, 2 Bath Condo for Rent

Available Now

13 Hedge Ln

PortsmouthVA23701
property at 13 Hedge Ln

$1,250

2 Bedroom, 2 Bath Condo for Rent

Available Now

13 Hedge Ln

PortsmouthVA23701
property at 720 Wickford Dr

$1,295

2 Bedroom, 1 Bath Townhome for Rent

Available Now

720 Wickford Dr

ChesapeakeVA23320
property at 720 Wickford Dr

$1,295

2 Bedroom, 1 Bath Townhome for Rent

Available Now

720 Wickford Dr

ChesapeakeVA23320

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.

property at 2020 Elmhurst Ln

$1,300

2 Bedroom, 1.5 Bath Home for Rent

Available Now

2020 Elmhurst Ln

PortsmouthVA23701
property at 424 Queen St

$1,350

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

424 Queen St

PortsmouthVA23704
property at 1510 Wilson Rd

$1,375

3 Bedroom, 1 Bath Condo for Rent

Available Now

1510 Wilson Rd

NorfolkVA23523

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 437 Dinwiddie St

$1,450

3 Bedroom, 1 Bath Townhome for Rent

Available Now

437 Dinwiddie St

PortsmouthVA23704
property at 3313 Downes St

$1,500

3 Bedroom, 1 Bath Home for Rent

Available Now

3313 Downes St

PortsmouthVA23704
property at 3313 Downes St

$1,500

3 Bedroom, 1 Bath Home for Rent

Available Now

3313 Downes St

PortsmouthVA23704

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

Cheapest Neighborhoods for Apartments in Chesapeake, VA

Pricing Updated: 01/02/2026

Current apartment rentals in the Chesapeake, VA area range in price from $850 to $3,485 with an overall median price of $2,189. The three Chesapeake neighborhoods with the lowest median rent pricing are Deep Creek North at $850, Deep Creek West at $1,345, and Butts Station at $1,255. 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 North$1,493$85041
Deep Creek West$1,548$1,3452
Butts Station$2,204$1,25514
Great Bridge East$2,204$1,25514
Greenbrier East$2,326$1,123149
Greenbrier West$2,332$1,15063
Pleasant Grove West$2,692$96124
Deep Creek South$2,717$1,7359

Cheapest Available Chesapeake Apartments for Rent

 

The cheapest available apartment rental in Chesapeake, VA is a 3 Beds unit found at Bains Pointe in the Beacon Light neighborhood priced from $635. Westbridge Commons in the Pleasant Grove neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $961. Here is today’s list of the most affordable Chesapeake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Bains Pointe3 Bedroom3BR,2BA$635
Westbridge Commons2 Beds, 1 bath2BR,1BA$961
Arbor Brook Apartments2BR/1.0BA2BR,1BA$995
Riverstone I1 Bedroom 1.5 Bath Classic1BR,1BA$1,010
Harbor Square ApartmentsClassic2BR,1BA$1,025
Residences at Crawford Farms1 Bedroom 1 Bath Classic1BR,1BA$1,050
Beacon 303A11BR,1BA$1,050
The Orchards at BellevilleThe Magnolia1BR,1BA$1,073
Manor View Apartments1 Bedroom/1 Bath/Wood Floors1BR,1BA$1,075
Independence Square1 Bedroom1BR,1BA$1,093

Best Value Apartments for Rent in Chesapeake, VA

As of January 02, 2026 the best value apartment in the Chesapeake area is the $1.13 price per square foot 2 Bedroom Model at Miars Farm in the in the Western Branch neighborhood starting from $1,400. The second greatest value Chesapeake apartment is the 426 London St Model at 426 London St starting at $1,250 with a $1.14 price per square foot in the Dnc 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.
Miars Farm2 Bedroom2BR,2BA$1.13
426 London St426 London St2BR,1BA$1.14
The Banks at BerkleyThree Bedroom3BR,2BA$1.25
The Pointe at Pickett Farms2BR2BR,2BA$1.26
Quill2BR2BR,2BA$1.26
Arbour Reach ApartmentsTwo Bedroom2BR,2BA$1.25
Residences at Paradise Creek2 Bedroom 1 Bath2BR,1BA$1.15
Arbors at Shoulders HillThe Suffolk1BR,1BA$1.25
Bains Pointe2 Bedroom2BR,1.5BA$1.12
Arbor Brook Apartments2BR/1.0BA2BR,1BA$1.11

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

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Frequently Asked Questions about Chesapeake

What type of rentals are currently available in Chesapeake?

There are currently 409 Apartments for Rent in Chesapeake, VA with pricing that ranges from $850 to $4,880. There are also 200 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chesapeake ranging from $750 to $4,000.

What is the current price range for Rental Homes in Chesapeake?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Chesapeake ranges from $750 to $4,000 with an average monthly rent of $2,445.

How much are larger Three and Four Bedroom Rentals in Chesapeake?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Chesapeake range from $995 to $4,880, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,995 and Four Bedroom Apartments start at $1,884.

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

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!