Cheap Apartments for Rent in Chattanooga, TN from $400 (210 Rentals)

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Search the lowest-cost Apartments available for rent right now in Chattanooga.

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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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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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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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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: 12/18/2025

Current apartment rentals in the Chattanooga, TN area range in price from $649 to $16,699 with an overall median price of $2,547. The three Chattanooga neighborhoods with the lowest median rent pricing are Walden at $1,300, Cherokee Woods at $675, and Outer Red Bank at $832. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Chattanooga Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Walden$1,300$1,3002
Cherokee Woods$1,500$67565
Outer Red Bank$1,582$83263
Piney Woods$1,590$70032
The Old Towne$1,592$95044
Alton Park$1,661$74961
Tyner Greenwood$1,710$649384
Marimont$1,757$649424
Bella Vista$1,775$649359
Hickory Valley Hamilton Place$1,775$649371

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. River Hills Flats in the East Chattanooga neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here is today’s list of the most affordable Chattanooga apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lily Grace NorthStudioStudio,1BA$675
River Hills FlatsThe Creekside FlatStudio,1BA$699
The View at Mission RidgeStudioStudio,1BA$700
821 Vine StPrivate Bedroom2BR,1BA$700
GoodHomes ChattanoogaStudioStudio,1BA$745
The Winn at 950StudioStudio,1BA$775
MAA HamiltonThe RoseStudio,1BA$808
Lakeshore ApartmentsCozy Studio Apartment - SPECIAL LIMITED TIME LO...Studio,1BA$830
The Overlook ApartmentsStudioStudio,1BA$838
Terra at AshleyA11BR,1BA$849

Best Value Apartments for Rent in Chattanooga, TN

As of December 18, 2025 the best value apartment in the Chattanooga area is the $1.12 price per square foot Ridgeland Model at Valley Ridge in the in the St. Elmo neighborhood starting from $1,953. The second greatest value Chattanooga apartment is the Cumberland Rehab Model at Bluff View at Northside Apartments starting at $1,625 with a $1.08 price per square foot in the Valleybrook 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.
Valley RidgeRidgeland3BR,2.5BA$1.12
Bluff View at Northside ApartmentsCumberland Rehab2BR,2.5BA$1.08
Veranda at the RidgeBirch2BR,1.5BA$0.95
Douglas Heights3BR/3BA - C13BR,3BA$0.60
Elements44The Ruthenium2BR,1.5BA$1.00
Sterling Heights Apartments by Callio Properties2x2 - The Tulip2BR,2BA$1.03
Woodland ManorThe Creekside2BR,1BA$1.08
821 Vine StPrivate Bedroom2BR,1BA$0.70
Cedarbrooke Apartments2 Bed 1.5 Bath2BR,1.5BA$1.06
Arbors at Signal MountainOne Bedroom1BR,1BA$1.10

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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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See the most popular apartments and homes in Chattanooga, TN

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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 $849.

What is the price of a cheap apartment in Chattanooga?

The cheapest apartment in Chattanooga is Terra at Ashley which is listed at $849, while the average apartment in Chattanooga costs $2,547.

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 613 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 $924 which is $1,623 cheaper than the average rent for all rentals in Chattanooga.

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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!