Market Intelligence Chesapeake, VA
Comp-rich · 24 tracked
Self-storage market in Chesapeake, VA — August 2026
Based on the 24 facilities we track in Chesapeake — a sample of Chesapeake’s market, not every facility.
As of August 2026 · data via OpenStreetMap + Foursquare
Market tightness
Balanced
Aggregate demand signal — not a facility occupancy figure.
Running a move-in promo
25%
Median rate by size
5×5
$42/mo
~14% below US ($49/mo)
typical $33/mo–$51/mo
5×10
$71/mo
~11% above US ($64/mo)
typical $55/mo–$82/mo
10×10
$109/mo
~17% above US ($93/mo)
typical $82/mo–$123/mo
10×20
$161/mo
~18% above US ($137/mo)
typical $118/mo–$187/mo
The bigger picture
Virginia Beach-Chesapeake-Norfolk, VA-NC — market supply & demand
Lower storage supply per capita than ~87% of US metros — about 16.6 facilities per 100k people vs the 32.3 national median.
Virginia Beach-Chesapeake-Norfolk, VA-NC looks under-supplied relative to the markets we track.
A metro of 1.8M residents and 701K households — the demand base behind the per-100k figure.
Supply: our registry · as of 2026-06
Demand trend
Population roughly flat since 2020.
Net in-migration of ~1,000 residents since 2020.
Population trends historically correlate with storage demand — not a forecast. Census PEP, 2025 vintage.
Market context
Median household income
$80,533
Median gross rent
$1,416/mo
Renter share
63%
Census 2023 ACS 5-yr · demand context — these historically correlate with storage demand, not a forecast.
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Data & methodology
Aggregate analysis of publicly available self-storage facility data in Chesapeake, VA, as of August 2026. Facility data © OpenStreetMap contributors (ODbL) and Foursquare. Rates reflect published street rates; individual facility pricing varies. Figures describe the 24 facilities in our dataset for this metro — a sample skewed toward facilities on certain software platforms, not a complete census of the market.