Average Rent in Chesapeake, VA & Real Estate Market Forecast 2026

Short-Term Rental (STR) Regulations

In Chesapeake, VA, Short Term Rentals (STRs) are regulated by the city's Zoning Ordinance. Investors should be aware of the following regulations before purchasing a property for STR purposes:

1. Zoning Restrictions: Chesapeake has specific zoning districts where STRs are permitted. Investors should ensure that the property they are considering purchasing is located in a zoning district that allows for short term rentals.

2. Permitting Requirements: STR operators in Chesapeake are required to obtain a Short Term Rental Permit from the city. This permit must be renewed annually and comes with a fee. Investors should factor in the cost of obtaining and renewing this permit when considering the financial viability of their investment.

3. Occupancy Limits: Chesapeake has occupancy limits for STRs, which vary depending on the size of the property. Investors should be aware of these limits and ensure that they comply with them to avoid any potential fines or penalties.

4. Noise and Nuisance Regulations: Chesapeake has regulations in place to address noise and nuisance issues related to STRs. Investors should familiarize themselves with these regulations and take steps to ensure that their property does not cause any disturbances to neighbors.

5. Taxation: Investors should be aware that they may be required to collect and remit transient occupancy taxes on rental income from their STR property. It is important to understand the tax implications of operating a short term rental in Chesapeake.

By being aware of and complying with these regulations, investors can mitigate potential risks and ensure a successful investment in the Chesapeake, VA short term rental market.