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Chesapeake vs Alexandria: Housing

ChesapeakeAlexandria
Median Home Value$378,400$735,100
Median Gross Rent$1,586/mo$2,089/mo
Homeownership Rate74.4%42.1%
Rent as Share of Income20.0%20.9%

Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.