The 10 Cheapest Chesapeake, VA Neighborhoods To Live In For 2019


We used science and data to determine which neighborhoods in Chesapeake are the cheapest of the cheap.

Editor’s Note: This is our first time ranking the cheapest neighborhoods to live in Chesapeake.
Cheapest Neighborhoods In Chesapeake
Source: Public domain

Everything else equal, I think we can all agree that living in a cheaper place is better than living in a more expensive place.

I’d much rather pay $500/mo in rent than $1,000. And I’d rather pay $2 for coffee than $5.

And while every neighbhorhood in Chesapeake might be more expensive than living in rural Virginia, there are certain neighborhoods that are definitely cheaper.

So what exactly are those Chesapeake neighborhoods where your dollar goes a little further — you can get that one bedroom instead of the studio?

Instead of relying on public opinion and speculation, we wanted to get the facts straight and find out which neighborhoods in Chesapeake are the cheapest.

Here are the cheapest neighborhoods in Chesapeake for 2020:

  1. Deep Creek North (Homes)
  2. Deep Creek South (Homes)
  3. Western Branch North (Homes)
  4. Great Bridge East (Homes)
  5. South Norfolk (Homes)

What’s the cheapest neighborhood to live in Chesapeake for 2020? According to the most recent census data, Deep Creek North looks to be the cheaptest Chesapeake neighborhood to live in.

At this point we should make it clear that you do get what you pay for — some of these neighborhoods might not be the best places to live in Chesapeake. You could be sacrificing location or crime rates in return for more space and cheaper groceries.

Read on to see how we determined the places around Chesapeake that deserve a little bragging rights or maybe you’re interested in the worst neighborhoods in Chesapeake.

Once you’re done, you can look at the bottom of the story for a complete chart of every neighborhood we looked at from cheapest to most expensive.

For more Virginia reading, check out:

How We Determined The Cheapest Chesapeake Hoods In 2020

In order to rank the cheapest places to live in Chesapeake, we had to determine what criteria defines “cheap”.

Using census and extrapolated BLS data, we arrived at the following set of criteria:

  • Overall Cost Of Living
  • Rent To Income Ratio
  • Median Home Value To Income Ratio

We then ranked each neighborhood with scores from 1 to 14 in each category, where 1 was the cheapest.

Next, we averaged the rankings for each neighborhood to create a cheap neighborhood index.

And finally, we crowned the neighborhood with the lowest cheapest neighborhood index the “Cheapest City Neighborhood In Chesapeake.” We’re lookin’ at you, Deep Creek North.

Read on below to learn more about what it’s like to live in the cheapest places Chesapeake. Or skip to the end to see the list of all the neighborhoods in the city from cheapest to most expensive.

The 5 Cheapest Neighborhoods To Live In Chesapeake For 2020

Overall SnackAbility

8
/10

Population: 19,130
Cost Of Living Index: 103 (1st cheapest)
Home Value To Income Ratio: 3.0 (2nd cheapest)
Rent To Income Ratio: 0.01 (5th cheapest)
More on Deep Creek North: Homes For Sale | Data

The median income in Deep Creek North comes in at $62,935 and the median home value is $186,792 for 2020.

Deep Creek South Chesapeake, VA

Overall SnackAbility

9
/10

Population: 10,890
Cost Of Living Index: 119 (7th cheapest)
Home Value To Income Ratio: 2.9 (1st cheapest)
Rent To Income Ratio: 0.009 (4th cheapest)
More on Deep Creek South: Homes For Sale | Data

Deep Creek is a former unincorporated town of the former Norfolk County which since 1963 has been located in the independent city of Chesapeake in the South Hampton Roads region of southeastern Virginia. Deep Creek is located on the original route of U.S. Highway 17, on a section now designated as U.S. Route 17 Business, and has been largely bypassed by modern highway improvements.

The median income in Deep Creek South comes in at $103,822 and the median home value is $299,425 for 2020.

Overall SnackAbility

8
/10

Population: 18,883
Cost Of Living Index: 110 (4th cheapest)
Home Value To Income Ratio: 3.3 (4th cheapest)
Rent To Income Ratio: 0.011 (7th cheapest)
More on Western Branch North: Homes For Sale | Data

The median income in Western Branch North comes in at $71,545 and the median home value is $233,742 for 2020.

Overall SnackAbility

9
/10

Population: 17,164
Cost Of Living Index: 120 (10th cheapest)
Home Value To Income Ratio: 3.3 (6th cheapest)
Rent To Income Ratio: 0.008 (3rd cheapest)
More on Great Bridge East: Homes For Sale | Data

Great Bridge is a community located in the independent city of Chesapeake in the U.S. state of Virginia. Its name is derived from the American Revolutionary War Battle of Great Bridge, which took place on December 9, 1775 and resulted in the final removal of British government from the Colony and Dominion of Virginia. Near the end of the war, the Hudgins family moved to Great Bridge and established the first permanent settlement in the area. Descendants of the family can still be found living in the Forest Lakes section of Chesapeake.

The median income in Great Bridge East comes in at $96,305 and the median home value is $319,700 for 2020.

Overall SnackAbility

6
/10

Population: 22,921
Cost Of Living Index: 104 (2nd cheapest)
Home Value To Income Ratio: 3.3 (5th cheapest)
Rent To Income Ratio: 0.021 (13th cheapest)
More on South Norfolk: Homes For Sale | Data

The median income in South Norfolk comes in at $48,169 and the median home value is $158,378 for 2020.

Summing Up The Cheapest Places In Chesapeake

If you’re measuring the neighborhoods in Chesapeake where prices are low and it’s cheap to live, this is an accurate list.

As we mentioned earlier, the neighborhoods in Chesapeake aren’t all cheap. Greenbrier West takes the title of the most expensive neighborhood to live in Chesapeake.

We ranked the neighborhoods from cheapest to most expensive in the chart below.

For more Virginia reading, check out:

Detailed List Of The Cheapest Neighborhoods To Live In Chesapeake For 2020

Rank Neighborhood Cost Of Living Index
1 Deep Creek North 103
2 Deep Creek South 119
3 Western Branch North 110
4 Great Bridge East 120
5 South Norfolk 104
6 Butts Station 122
7 Pleasant Grove East 119
8 Indian River 107
9 Western Branch South 112
10 Pleasant Grove West 125
11 Great Bridge 123
12 Greenbrier East 121
13 Deep Creek West-Dismal Swamp 120
14 Greenbrier West 119

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.

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