Chesapeake, VA Rent To Own Homes

Rent-to-Own Homes in Chesapeake, VA: What You Need to Know

Chesapeake is one of the Seven Cities, making it a prime location in Virginia. Of course, the other six cities are nearby, as well as other major transportation hubs. The housing market is diverse and affordable. The schools are excellent for those with children, and the culinary scene is diverse.

Housing Availability 

There are a variety of housing types to consider when renting to own in Chesapeake. Detached, single-family homes are the most common unit, costing around $324,000. Townhouses are another popular option and cost about $216,000. Home values here have appreciated about 4% in the last decade, with the current median home cost being $270,300. The majority of homes are owned, rather than rented. The average rent for a 980 square foot apartment is $1,315 per month. Studio apartments are usually around $1,000 per month, while one-bedrooms are just $1,005. Two-bedrooms cost about $1,202, three-bedrooms cost $1,687, and four-bedrooms are just over $2,000 per month.

Transportation

Chesapeake is one of the Seven Cities, the other six being Hampton, Newport News, Norfolk, Portsmouth, Suffolk, and Virginia Beach. This means there are other cities, each with its own, distinct flavor, nearby for fun day trips or quick weekend holidays. Richmond, Virginia is another close trip by car, just an hour and forty minutes. If you like long drives, the nation’s capital, Washington DC is just three hours away. For a quick flight, New York City is just an hour and a half away.

Schools and Education

Chesapeake is a great option if you have, or are planning on having, children. There is a wide array of preschools, 134 in total, to select from. After that, if you decide on a public school, there are 113 schools available. Of these schools, 50 are considered top public schools, educating nearly 41,000 students. The maths and reading schools have consistently ranked above the state average, and put Chesapeake in the top 30% of all Virginia school districts. There are 119 private schools available, as well. Of these schools, 39 are considered top private schools, teaching just under 5,000 students. 

For those interested in higher education, there are 2 colleges located within the city! Centura College Chesapeake and Aviation Institute of Maintenance Chesapeake are available for students who wish to stay close to home.

Local Culture

Foodies will just love Chesapeake’s dining scene. For some delicious seafood, with a classic American twist, Pirate’s Cove Restaurant is the place to go! Bergey’s Breadbasket and More is a farm-to-plate restaurant serving a combo menu of deli and bakery. For a cozy café vibe, try The Cutting Edge Café. You can swing in for lunch or coffee, or you can order out for catering.

Sports

Residents of Chesapeake love their ice sports. Chilled Ponds Ice is a local favorite, where skaters and hockey players can stretch their legs and practice. If you love golfing, Chesapeake Golf Club is the place to go. Tennis is another popular activity here. The Tidewater Tennis Center is catered to juniors and adults, accepting all levels of players. Chesapeake is a great place for those interested in expanding their individual sport level.