2026 Affordability Data
Most Affordable Neighborhoods in Chesapeake - 2026 Data
The median home value in Chesapeake is $310,000, 10% above nat'l avg. Median rent is $1,245/month. With an affordability index of 128, Chesapeake is more affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Chesapeake, VA area.
Key Takeaways: Affordability in Chesapeake
- 1The most affordable neighborhood in Chesapeake is Purcellville, with a median home value of $570,600.
- 2Chesapeake's median home value is $310,000, 10% above nat'l avg (national: $281,900).
- 3Chesapeake's affordability index is 128 (baseline 100), making it more affordable than the national average.
- 4Median rent in Chesapeake is $1,245/month, 7% above nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Chesapeake to find the most affordable areas based on home values, rent, and affordability index.
Chesapeake Affordability Overview
Median Home Value
$310,000
10% above nat'l avg
Median Rent
$1,245/mo
7% above nat'l avg
Median Income
$77,310
4% above nat'l avg
Affordability Index
128
28% above nat'l avg
Most Affordable Neighborhoods in Chesapeake (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | PurcellvilleVA | $570,600 |
| 2 | PulaskiVA | $137,400 |
| 3 | RichmondVA | $280,000 |
| 4 | NorfolkVA | $225,000 |
| 5 | MartinsvilleVA | $82,800 |
| 6 | PoquosonVA | $406,700 |
| 7 | LynchburgVA | $196,000 |
| 8 | WilliamsburgVA | $385,600 |
| 9 | DanvilleVA | $102,000 |
| 10 | PortsmouthVA | $213,300 |
| 11 | HamptonVA | $219,800 |
| 12 | RoanokeVA | $162,000 |
| 13 | AlexandriaVA | $655,700 |
| 14 | WarrentonVA | $421,000 |
| 15 | Falls ChurchVA | $938,500 |
Detailed Neighborhood Profiles
Home Value: $570,600
Rent: $1,063/mo
Affordability: 137
Population: 8,928
Walk Score: 0/100
Home Value: $137,400
Rent: $1,063/mo
Affordability: 137
Population: 8,982
Walk Score: 0/100
Home Value: $280,000
Rent: $1,566/mo
Affordability: 120
Population: 226,610
Walk Score: 91/100
4
Home Value: $225,000
Rent: $1,625/mo
Affordability: 104
Population: 238,005
Walk Score: 79/100
5
Home Value: $82,800
Rent: $1,267/mo
Affordability: 98
Population: 13,539
Walk Score: 0/100
6
Home Value: $406,700
Rent: $1,267/mo
Affordability: 98
Population: 12,479
Walk Score: 0/100
7
Home Value: $196,000
Rent: $1,267/mo
Affordability: 98
Population: 79,166
Walk Score: 0/100
8
Home Value: $385,600
Rent: $1,267/mo
Affordability: 98
Population: 15,486
Walk Score: 0/100
9
Home Value: $102,000
Rent: $1,267/mo
Affordability: 98
Population: 42,507
Walk Score: 0/100
10
Home Value: $213,300
Rent: $1,267/mo
Affordability: 98
Population: 97,384
Walk Score: 0/100
11
Home Value: $219,800
Rent: $1,267/mo
Affordability: 98
Population: 137,217
Walk Score: 0/100
12
Home Value: $162,000
Rent: $1,267/mo
Affordability: 98
Population: 99,213
Walk Score: 0/100
13
Home Value: $655,700
Rent: $1,267/mo
Affordability: 98
Population: 157,594
Walk Score: 0/100
14
Home Value: $421,000
Rent: $1,267/mo
Affordability: 98
Population: 10,111
Walk Score: 0/100
15
Home Value: $938,500
Rent: $1,267/mo
Affordability: 98
Population: 14,576
Walk Score: 0/100
Frequently Asked Questions About Affordability in Chesapeake
What is the most affordable neighborhood in Chesapeake, VA?▾
Based on 2026 data, Purcellville is the most affordable neighborhood in Chesapeake with a median home value of $570,600. Kurby analyzed 15 neighborhoods in the Chesapeake area to compile these rankings.
What is the median home price in Chesapeake, VA?▾
The median home price in Chesapeake is $310,000, which is 10% above nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Chesapeake affordable compared to the national average?▾
Chesapeake has an affordability index of 128, which means housing is more affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Chesapeake, VA?▾
The median monthly rent in Chesapeake is $1,245. This is 7% above nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Chesapeake?▾
The median household income in Chesapeake is $77,310 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Chesapeake are below the national average home price?▾
9 out of 15 ranked neighborhoods in Chesapeake have a median home value below the national average of $281,900. The most affordable is Pulaski at $137,400 (Source: Kurby, 2026).