Property Prices in Chesapeake, VA, United States
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| Index |  |
|---|---|
| Price to Income Ratio: | 1.85 |
| Mortgage as Percentage of Income: | 16.57% |
| Loan Affordability Index: | 6.04 |
| Price to Rent Ratio - City Centre: | 5.45 |
| Price to Rent Ratio - Outside of Centre: | 6.01 |
| Gross Rental Yield (City Centre): | 18.35% |
| Gross Rental Yield (Outside of Centre): | 16.64% |
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Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,775.00 $ | |
| Apartment (1 bedroom) Outside of Centre | 1,375.00 $ | |
| Apartment (3 bedrooms) in City Centre | 2,250.00 $ | |
| Apartment (3 bedrooms) Outside of Centre | 1,900.00 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 170.00 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 150.00 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 4,663.00 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.53 |
These data are based on 23 entries from 11 contributors over the past 18 months.
Last update: April 2025
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