Cheap Apartments for Rent in Chattanooga, TN from $400 (228 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: 11/01/2025

Current apartment rentals in the Chattanooga, TN area range in price from $649 to $5,128 with an overall median price of $2,909. The three Chattanooga neighborhoods with the lowest median rent pricing are Walden at $1,300, Galaxy Heights at $970, and Outer Red Bank at $875. 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$1,3001
Galaxy Heights$1,450$9708
Outer Red Bank$1,585$87576
North Shore$1,602$649394
Rossville$1,616$649120
South Chattanooga$1,616$70025
The Old Towne$1,696$95051
East Ridge$1,699$70090
Tyner Greenwood$1,760$649350
Piney Woods$1,782$70025

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 ChattanoogaLIMITED AVAILABILITY! ENJOY 6 WEEKS FREE RENT! ...Studio,1BA$745
City View ApartmentsMagnolia1BR,1BA$748
The Winn at 950StudioStudio,1BA$775
The Flats at LakeshoreStudioStudio,1BA$810
MAA HamiltonThe RoseStudio,1BA$823
The Overlook ApartmentsStudioStudio,1BA$838

Best Value Apartments for Rent in Chattanooga, TN

As of November 01, 2025 the best value apartment in the Chattanooga area is the $1.11 price per square foot 2 Bed 2.5 Bath Model at Glen Ridge Townhomes in the in the Marimont neighborhood starting from $1,500. The second greatest value Chattanooga apartment is the 4 Bedroom Model at The Cove at Cloud Springs Apartment Homes starting at $1,353 with a $1.04 price per square foot in the Westside 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.
Glen Ridge Townhomes2 Bed 2.5 Bath2BR,2.5BA$1.11
The Cove at Cloud Springs Apartment Homes4 Bedroom4BR,2BA$1.04
Summit East RidgeSpruce3BR,1.5BA$1.01
Douglas Heights3BR/3BA - C13BR,3BA$0.60
Elements44The Ruthenium2BR,1.5BA$1.04
Chateau Royale Apartments1 Beds, 1 Baths1BR,1BA$1.03
Riverside North Apartment Homes2x12BR,1BA$1.05
Cedarbrooke Apartments2 Bed 1.5 Bath2BR,1.5BA$1.06
7732 Nautical Way7732 Nautical Way2BR,1BA$1.05
City View ApartmentsMagnolia1BR,1BA$1.09

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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Quick Rent Budget Calculator

How much rent can you afford?

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
  • Entertainment
  • 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 $838.

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 $2,909.

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 546 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 $544 which is $2,365 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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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! 

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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.