Cheap Apartments for Rent in the Alton Park Neighborhood of Chattanooga, TN from $500 (33 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Alton Park area of Chattanooga.

Chattanooga's Best Affordable Neighborhoods

Learn about Chattanooga and the best places to live with original content written by our Local Expert Catrina Cowart

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5209 Saint Elmo Ave, Unit 2
$1,050
Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050
1 Bedroom Apartment Available Aug 1

5209 Saint Elmo Ave, Unit 2

5209 Saint Elmo AveChattanooga, TN 37409
Affordability

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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St Elmo
Studio to 2 Bedroom Apartments

St Elmo

4625 Saint Elmo AveChattanooga, TN 37409
Senior Living
  • Utilities Included
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Mission at Main
Studio to 2 Bedroom Apartments

Mission at Main

26 E Main StChattanooga, TN 37408
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Foundry Flats
Studio to 1 Bedroom Apartments

Foundry Flats

410 W 25th StChattanooga, TN 37408
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Stone Ridge Park
1 to 3 Bedroom Apartments

Stone Ridge Park

1020 W 37th StChattanooga, TN 37410

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Alton Park, Chattanooga, TN Local Guide

Cheapest Available Alton Park Apartments for Rent

 

The cheapest available apartment rental in the Alton Park area of Chattanooga, TN is a Studio unit found at Passenger Flats priced from $909. East Line Apartments - Live on Main Street has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,105. Here are the most affordable Alton Park apartments for rent in Chattanooga, TN:

Apartment ListingModel NameBed/BathPriced From
Passenger FlatsStudio WestStudio,1BA$909
East Line Apartments - Live on Main StreetStudio1BR,1BA$1,105
Borough 33 ApartmentsAddisonStudio,1BA$1,109
Burnside1BR/1.0BA1BR,1BA$1,152
Flats at Southside GardensA11BR,1BA$1,175
Southside FlatsA1 - 1 Bedroom1BR,1BA$1,190
Urban LoftsA11BR,1BA$1,199
17 BroadWalnut1BR,1BA$1,212
Siegel Select Chattanooga IIStudioStudio,1BA$1,356
1613 S Highland Park AveSouth Highland Park Ave2BR,2BA$1,490

Best Value Apartments for Rent in Alton Park, TN

As of July 27, 2026 the best value apartment in the Alton Park area is the $1.25 price per square foot 1BR/1.0BA Model at Burnside in the in the East Lake neighborhood starting from $1,152. The second greatest value Alton Park apartment is the B2 Model at Urban Lofts starting at $1,845 with a $2.06 price per square foot in the East Lake neighborhood. Here is today’s list of the best values for Alton Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Burnside1BR/1.0BA1BR,1BA$1.25
Urban LoftsB22BR,2BA$2.06
Southside FlatsA1 - 1 Bedroom1BR,1BA$1.43
1613 S Highland Park AveSouth Highland Park Ave2BR,2BA$1.86
Flats at Southside GardensA1 - 21BR,1BA$1.81
17 BroadWalnut1BR,1BA$1.83
East Line Apartments - Live on Main StreetStudioStudio ,1BA$2.17
Borough 33 ApartmentsAddisonStudio ,1BA$2.34
Passenger FlatsStudio WestStudio ,1BA$2.61
Siegel Select Chattanooga IIStudioStudio ,1BA$5.30

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities and towns, and rental properties across Tennessee, including Chattanooga. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, kid and pet-friendly communities, availability of transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Alton Park Apartments

What is a cheap apartment in Alton Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Alton Park is under $1,490.

What is the price of a cheap apartment in Alton Park?

The cheapest apartment in Alton Park is East Line Apartments - Live on Main Street which is listed at $1,105, while the average apartment in Alton Park costs $2,699.

What types of apartments are the cheapest in Alton Park?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 7 regular apartments in Alton Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for Top Neighborhoods to Rent Near Major Colleges and Universities in Chattanooga, TN article

Top Neighborhoods to Rent Near Major Colleges and Universities in Chattanooga, TN

Written by: Catrina Cowart

Chattanooga is the home to many different universities, including the University of Tennessee at Chattanooga, Chattanooga State Community College, Southern Adventist University, Covenant College, and Richmont Graduate University.

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.