Cheap Apartments for Rent in Chattanooga, TN from $400 (194 Rentals)

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property at 1223 E 8th St

1223 E 8th St

ChattanoogaTN37403

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Chattanooga, TN Local Guide

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Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Chattanooga, TN

Pricing Updated: 06/30/2025

Current apartment rentals in the Chattanooga, TN area range in price from $649 to $6,990 with an overall median price of $3,426. The three Chattanooga neighborhoods with the lowest median rent pricing are Dallas Bay Lakesite at $1,350, Galaxy Heights at $850, and Outer Red Bank at $825. 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$1,350$1,3501
Galaxy Heights$1,650$85022
Outer Red Bank$1,675$82555
East Ridge$1,699$82578
Kings Point Lake Vista$1,790$67552
The Old Towne$1,805$95530
North Shore$1,829$665492
Lupton City Norcross$1,850$82547
Mile Straight$1,850$85012
Falling Water Browntown$1,850$85015

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. Meadow Creek Apartments - 55+ has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Chattanooga apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lily Grace NorthStudioStudio,1BA$675
Meadow Creek Apartments - 55+1 Bed, 1 bath1BR,1BA$800
City View ApartmentsCypress2BR,1BA$820
GoodHomes ChattanoogaStudioStudio,1BA$825
Gateway at Rossville1bds1BR,1BA$829
Spring Hill Apartments1 Bedroom 1 Bath Apartment with 600 Square Feet...1BR,1BA$875
Chateau Royale West1A1BR,1BA$895
Lakeshore ApartmentsWonderful 1 Bedroom Apartment Home - SPECIAL LI...1BR,1BA$895
Lily Grace SouthOne Bedroom1BR,1BA$899

Best Value Apartments for Rent in Chattanooga, TN

As of July 01, 2025 the best value apartment in the Chattanooga area is the $0.99 price per square foot TH3 CP Model at Village at Cameron Harbor in the in the St. Elmo neighborhood starting from $2,400. The second greatest value Chattanooga apartment is the 2 Bed/ 1.5 Bath Renovated Model at Fountain Brook starting at $1,325 with a $1.02 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.
Village at Cameron HarborTH3 CP2BR,3.5BA$0.99
Fountain Brook2 Bed/ 1.5 Bath Renovated2BR,1.5BA$1.02
Veranda at the RidgeBirch2BR,1.5BA$1.03
Douglas Heights3BR/3BA - C13BR,3BA$0.63
Cedarbrooke ApartmentsA-52BR,1.5BA$1.07
Chateau Royale Apartments1 Beds, 1 Baths1BR,1BA$1.03
City View ApartmentsCypress2BR,1BA$0.84
Gateway at Rossville2bds2BR,2BA$1.01
Meadow Creek Apartments - 55+1 Bed, 1 bath1BR,1BA$0.86
4714 Metro Park Ln, Unit B4714 Metro Park Ln2BR,1BA$0.97

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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 $899.

What is the price of a cheap apartment in Chattanooga?

The cheapest apartment in Chattanooga is Lily Grace North which is listed at $725, while the average apartment in Chattanooga costs $3,426.

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 335 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 $306 which is $3,120 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.

decorative image for A Local Expert’s Guide To the Top Budget-Friendly Neighborhoods to Rent in Chattanooga, TN article

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.