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.

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The View at Mission Ridge
Rent Specials
$700 - $915
Total Monthly Price

Total Monthly Price

Base Rent
$690 - $905
Required Monthly Fees
$10
Total Monthly Price
$700 - $915
Studio to 1 Bedroom Apartments Available Now

The View at Mission Ridge

2400 Westside DrChattanooga, TN 37404
Affordability
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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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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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Fort Wood Apartments
Rent Specials
$899 - $1,595
Total Monthly Price

Total Monthly Price

Base Rent
$769 - $1,465
Required Monthly Fees
$130
Total Monthly Price
$899 - $1,595
Studio to 2 Bedroom Apartments Available Now

Fort Wood Apartments

870 Vine StChattanooga, TN 37403
Affordability
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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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Ivy Terrace Apartments
$995 - $1,965
Total Monthly Price

Total Monthly Price

Base Rent
$930 - $1,900
Required Monthly Fees
$65
Total Monthly Price
$995 - $1,965
Studio to 3 Bedroom Apartments Contact Us For Availability

Ivy Terrace Apartments

4105 Dayton BlvdChattanooga, TN 37415
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
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Arden Landing Apartments
$995 - $1,665
Total Monthly Price

Total Monthly Price

Base Rent
$805 - $1,475
Required Monthly Fees
$190
Total Monthly Price
$995 - $1,665
1 to 3 Bedroom Apartments Available Now

Arden Landing Apartments

1507 Hickory Valley RdChattanooga, TN 37421
Corporate Housing
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  • 3D Tour

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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: 02/10/2026

Current apartment rentals in the Chattanooga, TN area range in price from $609 to $16,769 with an overall median price of $3,340. The three Chattanooga neighborhoods with the lowest median rent pricing are Dallas Bay Lakesite at $1,000, Piney Woods at $609, and Walden at $1,200. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Chattanooga Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Dallas Bay Lakesite$1,000$1,0001
Piney Woods$1,385$60968
Walden$1,500$1,2002
South Chattanooga$1,596$63741
Galaxy Heights$1,629$85031
Kings Point Lake Vista$1,670$67577
Tyner Greenwood$1,675$649329
Lupton City Norcross$1,720$82559
Radmoor$1,724$649302
Bella Vista$1,739$649304

Cheapest Available Chattanooga Apartments for Rent

 

The cheapest available apartment rental in Chattanooga, TN is a 3 Beds unit found at The Reserve at Mountain Pass in the East Lake neighborhood priced from $637. Lily Grace North in the East Chattanooga neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $675. Here is today’s list of the most affordable Chattanooga apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Reserve at Mountain Pass3 Bedroom Two Bathroom3BR,2BA$637
Lily Grace NorthStudioStudio,1BA$675
River Hills FlatsThe Creekside FlatStudio,1BA$699
821 Vine StPrivate Bedroom2BR,1BA$700
GoodHomes ChattanoogaStudioStudio,1BA$745
The Highlands Apartments1 Bed, 1 bath1BR,1BA$830
River City North2 Bedroom2BR,2BA$832
The Overlook ApartmentsStudioStudio,1BA$838
Terra at AshleyA11BR,1BA$849
The Oaks at Northshore0x1Studio,1BA$850

Best Value Apartments for Rent in Chattanooga, TN

As of February 10, 2026 the best value apartment in the Chattanooga area is the $0.99 price per square foot 2 BEDROOM Model at Scenic Ridge in the in the Tyner neighborhood starting from $1,294. The second greatest value Chattanooga apartment is the 2 Bedroom 2 Bath Home; 1278 sq ft + Washer/Drye... Model at Germantown Gardens starting at $1,350 with a $1.06 price per square foot in the East Lake 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.
Scenic Ridge2 BEDROOM2BR,2BA$0.99
Germantown Gardens2 Bedroom 2 Bath Home; 1278 sq ft + Washer/Drye...2BR,2BA$1.06
The Reserve at Mountain Pass3 Bedroom Two Bathroom3BR,2BA$0.51
Douglas Heights - Historical Access3BR/3BA - C13BR,3BA$0.60
Elements44The Ruthenium2BR,1.5BA$1.00
Chateau Royale Apartments1 Beds, 1 Baths1BR,1BA$1.05
821 Vine StPrivate Bedroom2BR,1BA$0.70
River City North2 Bedroom2BR,2BA$0.84
22 W Ontario St, Unit 922 W Ontario St1BR,1BA$0.92
Cedarbrooke Apartments2 Bed 1.5 Bath2BR,1.5BA$1.06

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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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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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!

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Chattanooga, TN Area Reviews

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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 $850.

What is the price of a cheap apartment in Chattanooga?

The cheapest apartment in Chattanooga is The Highlands Apartments which is listed at $830, while the average apartment in Chattanooga costs $3,340.

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 666 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 $889 which is $2,451 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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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.