Cheap Apartments for Rent in Chattanooga, TN from $400 (221 Rentals)

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property at 510 Fortwood Pl

510 Fortwood Pl

ChattanoogaTN37403

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Chattanooga, TN Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Chattanooga, TN

Pricing Updated: 09/17/2025

Current apartment rentals in the Chattanooga, TN area range in price from $649 to $5,868 with an overall median price of $3,140. The three Chattanooga neighborhoods with the lowest median rent pricing are Outer Red Bank at $800, The Old Towne at $903, and Galaxy Heights at $940. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Chattanooga Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Outer Red Bank$1,500$80083
The Old Towne$1,592$90355
Galaxy Heights$1,675$94020
East Ridge$1,699$70093
North Shore$1,699$665405
Yorktown$1,827$899233
Hickory Valley$1,851$649406
Kings Point Lake Vista$1,856$67560
Lupton City Norcross$1,856$80043
Northgate Big Ridge$1,856$91975

Cheapest Available Chattanooga Apartments for Rent

 

The cheapest available apartment rental in Chattanooga, TN is a Studio unit found at Lily Grace North in the East Chattanooga neighborhood priced from $675. The View at Mission Ridge in the East Lake neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here is today’s list of the most affordable Chattanooga apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lily Grace NorthStudioStudio,1BA$675
The View at Mission RidgeStudioStudio,1BA$700
City View ApartmentsMagnolia1BR,1BA$748
The Winn at 950StudioStudio,1BA$775
River Hills FlatsThe Creekside FlatStudio,1BA$799
The Flats at LakeshoreStudioStudio,1BA$810
Gateway at Rossville1bds1BR,1BA$829
The Villages at Fort Town ApartmentsVillage Efficieny1BR,1BA$834
The Overlook ApartmentsStudioStudio,1BA$838
Spring Hill Apartments1 Bedroom 1 Bath Apartment with 600 Square Feet...1BR,1BA$875

Best Value Apartments for Rent in Chattanooga, TN

As of September 17, 2025 the best value apartment in the Chattanooga area is the $0.89 price per square foot 2BR/4BA - B3 Model at Douglas Heights in the in the St. Elmo neighborhood starting from $1,200. The second greatest value Chattanooga apartment is the 2 bed 1.5 bath Model at Glen Ridge Townhomes starting at $1,295 with a $1.00 price per square foot in the Marimont neighborhood. Here is today’s list of the best values for Chattanooga apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Douglas Heights2BR/4BA - B32BR,4BA$0.89
Glen Ridge Townhomes2 bed 1.5 bath2BR,1.5BA$1.00
Fountain Brook2 Bed/ 1.5 Bath Renovated2BR,1.5BA$1.02
Germantown Gardens2 Bedroom 2 Bath Home; 1278 sq ft w/ w&d hook ups2BR,2BA$1.06
The Reserve at Mountain Pass3 Bedroom Two Bathroom3BR,2BA$1.00
Trails of Signal MountainMckenzie2BR,1.5BA$1.00
Elements44The Ruthenium2BR,1.5BA$1.04
Arbors at Signal MountainTwo Bedroom2BR,2BA$0.95
Cedarbrooke Apartments2 Bed 1.5 Bath2BR,1.5BA$0.97
Gateway at Rossville2bds2BR,2BA$1.01

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Chattanooga Overview

Known as a great place for work and play, Chattanooga is a mid-sized city that’s small enough to feel intimate, yet large enough to boast high-profile employers, cultural centers and entertainment venues. “Scenic City,” as Chattanooga is aptly called, is justifiably famous for its riverboat-dotted waterfront, as well as the mountains both encircling and even crossing through the area. Those setting out on the hunt for perfect apartments in Chattanooga will find a rich banquet of neighborhoods, architecture and budgets from which to choose.

Why live in Chattanooga, TN?

Steeped in history while keeping an eye toward a diverse, eco-friendly future, Chattanooga offers a rich selection of neighborhoods for those planning to move to the area. Chattanooga apartments, for example, are available in ultra-modern riverview developments, in older buildings surrounded by Civil War monuments, or in sustainably-minded urban neighborhoods -- as well as in a variety of other downtown and greater Chattanooga areas.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Chattanooga, TN Rentals by Map

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Getting Around Chattanooga, TN

Walk Score®

47 / 100

Car-Dependent

Most errands require a car

Bike Score®

49 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

21 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Chattanooga, TN Area Reviews

  • Parks
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  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

Catrina • 1+ years in Chattanooga

March 3, 2025

Chattanooga is fantastic for people like me who love to be on the water. The Tenneessee River is just wonderful, and the communities around it are both well-connected and well-maintained.

Frequently Asked Questions about Cheap Chattanooga Apartments

What is a cheap apartment in Chattanooga?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Chattanooga is under $875.

What is the price of a cheap apartment in Chattanooga?

The cheapest apartment in Chattanooga is City View Apartments which is listed at $748, while the average apartment in Chattanooga costs $3,140.

What types of apartments are the cheapest in Chattanooga?

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 553 regular apartments in Chattanooga that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Chattanooga?

Cheap apartments in Chattanooga have an average cost of $400 which is $2,740 cheaper than the average rent for all rentals in Chattanooga.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.