What percentage of people rent in Chesapeake, VA?

25.6% (±1.3 points) of the occupied homes in Chesapeake, VA are rented (2020–2024 American Community Survey).

That is 24,011 renting households against 69,615 that own their home.

In Chesapeake, the share of households that rent went from 28.6% in 2015–2019 to 25.6% in 2020–2024 (−3.0 percentage points), a measurable decrease.

Figures last updated on .

Households that rent
25.6% (±1.3 points)
Renting households
24,011 (±1,193)
Median renter income
$54,319 (±$3,565)

Who rents and who owns in Chesapeake

Tenure, estimate (90% margin of error)
ChesapeakeChesapeake cityVirginiaUnited States
Renter-occupied share25.6% (±1.3 points)25.6% (±1.3 points)32.7% (±0.3 points)34.8%
Renting households24,011 (±1,193)24,011 (±1,193)1,099,123 (±8,702)45,017,354
Owning households69,615 (±1,243)69,615 (±1,243)2,266,609 (±13,049)84,210,142
Average renter household size2.4 (±0.1)2.4 (±0.1)2.3 (±0.0)2.3
Average owner household size2.8 (±0.0)2.8 (±0.0)2.6 (±0.0)2.6
Median renter household income$54,319 (±$3,565)$54,319 (±$3,565)$60,343 (±$529)$52,966
Median owner household income$115,026 (±$3,384)$115,026 (±$3,384)$114,147 (±$479)$100,009

In Chesapeake, the renter share is not measurably different from Chesapeake city (25.6%).

It is also lower than in Virginia (32.7%).

It is lower than the national figure (34.8%).

Statewide, it ranks 286 of 464.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Chesapeake has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent28.6% (±1.0 points)25.6% (±1.3 points)−3.0 percentage pointsMeasurable decrease
Median gross rent$1,279 (±$31)$1,586 (±$39)+24.0%No measurable change after inflation
Median household income$78,640 (±$2,645)$95,373 (±$2,728)+21.3%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Chesapeake

Nearest places with a published estimate, compared with Chesapeake
PlaceDistanceHouseholds that rentCompared with this place
Chesapeake—25.6% (±1.3 points)—
Portsmouth13 mi42.1% (±1.8 points)Higher
Moyock14 mi4.5% (±3.8 points)Lower
Virginia Beach17 mi34.9% (±0.9 points)Higher
Norfolk17 mi53.7% (±1.4 points)Higher
Suffolk18 mi29.3% (±1.5 points)Higher
Carrollton22 mi30.9% (±6.1 points)Not measurably different
Benns Church24 mi6.7% (±7.8 points)Lower
Hampton25 mi43.1% (±1.6 points)Higher

Nearby places with a measurably lower figure: Moyock, NC (4.5%), Benns Church, VA (6.7%).

Nearby places with a measurably higher figure: Portsmouth, VA (42.1%), Virginia Beach, VA (34.9%), Norfolk, VA (53.7%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Chesapeake

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Questions about Chesapeake

How many renters are there in Chesapeake?

Chesapeake has an estimated 24,011 (±1,193) renting households, 25.6% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Chesapeake?

In Chesapeake, the share of households that rent went from 28.6% in 2015–2019 to 25.6% in 2020–2024 (−3.0 percentage points), a measurable decrease.

How big are renting households in Chesapeake?

A renting household in Chesapeake has 2.4 people on average, against 2.8 in an owned home.

How much do renters earn in Chesapeake?

The median renting household in Chesapeake, VA has an income of $54,319 (±$3,565) a year, against $115,026 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Chesapeake city, Virginia (place:16000, in state:51).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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