Cheap Homes for Rent in Alton Park Neighborhood of Chattanooga, TN from $700 (9 Rentals)

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Search the lowest-cost Homes 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.

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.

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. Foundry Flats has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here are the most affordable Alton Park apartments for rent in Chattanooga, TN:

Apartment ListingModel NameBed/BathPriced From
Passenger FlatsStudio WestStudio,1BA$909
Foundry Flats1BR/1.0BA1BR,1BA$995
East Line Apartments - Live on Main StreetStudio1BR,1BA$1,105

Best Value Apartments for Rent in Alton Park, TN

As of April 12, 2026 the best value apartment in the Alton Park area is the $1.50 price per square foot 3 Bedroom Two Bathroom Model at The Reserve at Mountain Pass in the in the East Lake neighborhood starting from $1,890. The second greatest value Alton Park apartment is the Studio Model at Bread Factory Lofts starting at $1,299 with a $1.15 price per square foot in the University of Tennessee At Chattanooga 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 Pass3 Bedroom Two Bathroom3BR,2BA$1.50
Bread Factory LoftsStudioStudio ,1BA$1.15
Burnside2BR/1.0BA2BR,1BA$1.48
3915 Saint Elmo Ave, Unit 1003915 Saint Elmo Ave1BR,1BA$1.87
Urban LoftsB22BR,2BA$1.95
Southside FlatsA1 - 1 Bedroom1BR,1BA$1.43
The Flats at Southside GardensA1 - 21BR,1BA$1.81
The Grandview Hotel2 bed 715 Sqft2BR,1BA$1.71
Foundry Flats1BR/1.0BA1BR,1BA$1.43
17 BroadWalnut1BR,1BA$1.88

Frequently Asked Questions about Alton Park

What type of rentals are currently available in Alton Park?

There are currently 85 Apartments for Rent in Alton Park, TN with pricing that ranges from $825 to $2,699. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alton Park ranging from $775 to $3,900.

What is the current price range for Rental Homes in Alton Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Alton Park ranges from $775 to $3,900 with an average monthly rent of $1,540.

How much are larger Three and Four Bedroom Rentals in Alton Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Alton Park range from $1,890 to $2,633, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,099 to $3,900. Four Bedroom Single-Family rentals are also available starting from $1,699 and Four Bedroom Apartments start at $2,699.

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

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.