Chesapeake is one of Hampton Roads' fastest-growing cities, with above-median household incomes and a mix of suburban and rural housing stock. The city's property tax rate sits between Virginia Beach and Norfolk.
Recommended for incomes above $105k/yr (28% DTI rule)
Chesapeake housing market
The 1.05% property tax rate reflects the county-level effective rate for Chesapeake and is used to calculate your monthly tax escrow above. This rate may differ from the statewide Virginia average — county-level data produces more accurate monthly payment estimates for Chesapeake buyers. Many Chesapeake properties also carry HOA fees — the area average is approximately $150/month, which is not included in the calculator above.
Rate history
Compare statewide
Virginia Mortgage Calculator →
See statewide averages and other Virginia cities.
Not sure what to offer?
Try the Affordability Calculator →
Find your max home price based on income and debts.
Comparing loan offers?
Mortgage Comparison Worksheet →
Line up lender quotes side by side in a free spreadsheet.
FAQ