Cheap Apartments for Rent in Chattanooga, TN from $400 (215 Rentals)

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

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Chattanooga, TN Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Chattanooga, TN

Pricing Updated: 07/31/2025

Current apartment rentals in the Chattanooga, TN area range in price from $649 to $6,230 with an overall median price of $3,296. The three Chattanooga neighborhoods with the lowest median rent pricing are Galaxy Heights at $903, East Ridge at $650, and Outer Red Bank at $850. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Chattanooga Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Galaxy Heights$1,337$90320
East Ridge$1,594$65084
Outer Red Bank$1,699$85063
The Old Towne$1,699$93037
Piney Woods$1,707$71525
North Shore$1,762$665378
Kings Point Lake Vista$1,791$67556
Tyner Greenwood$1,807$649272
Hickory Valley$1,807$649314
Tyner$1,812$649304

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. GoodHomes Chattanooga in the Shepherd neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $745. Here is today’s list of the most affordable Chattanooga apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lily Grace NorthStudioStudio,1BA$675
GoodHomes ChattanoogaStudioStudio,1BA$745
The Flats at LakeshoreStudioStudio,1BA$810
Gateway at Rossville1bds1BR,1BA$829
Spring Hill Apartments1 Bedroom 1 Bath Apartment with 600 Square Feet...1BR,1BA$875
Ivy Terrace ApartmentsThe Ivy StudioStudio,1BA$880
Chateau Royale West1A1BR,1BA$895
Lakeshore ApartmentsWonderful 1 Bedroom Apartment Home - SPECIAL LI...1BR,1BA$895
Courts at Waterford1x11BR,1BA$899
Lily Grace SouthOne Bedroom1BR,1BA$899

Best Value Apartments for Rent in Chattanooga, TN

As of July 31, 2025 the best value apartment in the Chattanooga area is the $1.06 price per square foot 2 BEDROOM PREMIUM Model at Scenic Ridge in the in the Tyner neighborhood starting from $1,390. The second greatest value Chattanooga apartment is the 2 Bed/ 1.5 Bath Renovated Model at Fountain Brook starting at $1,395 with a $1.07 price per square foot in the Cedar Hill 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 BEDROOM PREMIUM2BR,2BA$1.06
Fountain Brook2 Bed/ 1.5 Bath Renovated2BR,1.5BA$1.07
Germantown Gardens2 Bedroom 2 Bath Home; 1278 sq ft w/ w&d hook ups2BR,2BA$1.06
Veranda at the RidgeBirch2BR,1.5BA$1.03
5713 Jana Ln, Unit B5713 Jana Ln2BR,1.5BA$0.99
Elements44The Ruthenium2BR,1.5BA$1.04
MAA Heritage ParkThe Willow2BR,2BA$1.09
Cedarbrooke Apartments2 Bed 1.5 Bath2BR,1.5BA$1.07
Chateau Royale Apartments1 Beds, 1 Baths1BR,1BA$1.03
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!

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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

Chattanooga, TN Area Reviews

  • Parks
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  • Cost of Living
  • Safety

Catrina1+ 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 $899.

What is the price of a cheap apartment in Chattanooga?

The cheapest apartment in Chattanooga is Gateway at Rossville which is listed at $829, while the average apartment in Chattanooga costs $3,296.

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 231 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 $406 which is $2,890 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.

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

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

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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