Cheap Apartments for Rent in the Alton Park Neighborhood of Chattanooga, TN from $500 (46 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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property at 24 Station St

$1,450

1 Bedroom Rentals

Available Now

24 Station St

ChattanoogaTN37408
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St Elmo
Studio to 2 Bedroom Apartments

St Elmo

4625 Saint Elmo AveChattanooga, TN 37409
Senior Living
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Mission at Main
Studio to 2 Bedroom Apartments

Mission at Main

26 E Main StChattanooga, TN 37408
  • Utilities Included
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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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Chestnut Flats
1 to 3 Bedroom Apartments

Chestnut Flats

2108 Chestnut StChattanooga, TN 37408

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.

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Showing Results 1-46, Page 1 of 1

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 2 Beds unit found at The Reserve at Mountain Pass priced from $556. Passenger Flats has the second lowest priced unit, which is a Studio apartment currently listed from $909. Here are the most affordable Alton Park apartments for rent in Chattanooga, TN:

Apartment ListingModel NameBed/BathPriced From
The Reserve at Mountain Pass2 Bedroom Two Bathroom2BR,2BA$556
Passenger FlatsStudio WestStudio,1BA$909
Foundry FlatsFront bedroom1BR,1BA$975
East Line Apartments - Live on Main StreetStudio1BR,1BA$1,105
Borough 33 ApartmentsAddisonStudio,1BA$1,109
Burnside1BR/1.0BA1BR,1BA$1,128
The Flats at Southside GardensA11BR,1BA$1,175
Southside FlatsA1 - 1 Bedroom1BR,1BA$1,190
Bread Factory LoftsStudioStudio,1BA$1,199
Urban LoftsA11BR,1BA$1,199

Best Value Apartments for Rent in Alton Park, TN

As of June 11, 2026 the best value apartment in the Alton Park area is the $0.51 price per square foot 2 Bedroom Two Bathroom Model at The Reserve at Mountain Pass in the in the East Lake neighborhood starting from $556. The second greatest value Alton Park apartment is the 5008 Alabama Ave Model at 5008 Alabama Ave, Unit 5008 Alabama starting at $1,500 with a $1.58 price per square foot in the St. Elmo 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.
The Reserve at Mountain Pass2 Bedroom Two Bathroom2BR,2BA$0.51
5008 Alabama Ave, Unit 5008 Alabama5008 Alabama Ave1BR,1BA$1.58
Burnside1BR/1.0BA1BR,1BA$1.22
Urban LoftsB22BR,2BA$1.95
Southside FlatsA1 - 1 Bedroom1BR,1BA$1.43
Bread Factory LoftsStudioStudio ,1BA$1.45
1613 S Highland Park AveSouth Highland Park Ave2BR,2BA$2.00
The Flats at Southside GardensA1 - 21BR,1BA$1.81
17 BroadWalnut1BR,1BA$1.99
The GrandE1BR,1BA$2.08

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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How much rent can you afford?

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 $1,199.

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

The cheapest apartment in Alton Park is Foundry Flats which is listed at $975, 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 6 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

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A Local Expert’s Guide To the Top Budget-Friendly Neighborhoods to Rent in Chattanooga, TN

Written by: Catrina Cowart

Hi, I'm Catrina, your ApartmentHomeLiving.com Local Expert for Chattanooga. Today, I'd love to talk to you about a gem of a city: Chattanooga, Tennessee.

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.