Cheap Apartments for Rent in Chattanooga, TN from $400 (159 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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.

Read Article

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.

Read Article

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.

Read Article

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.

Read Article

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.

Read Article
Showing Results 1-50, Page 1 of 4

Chattanooga, TN Local Guide

Photo of Staff Writer - Local Guide Expert
Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Chattanooga, TN

Pricing Updated: 12/25/2025

Current apartment rentals in the Chattanooga, TN area range in price from $649 to $16,699 with an overall median price of $2,902. 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$67559
Outer Red Bank$1,582$83268
Piney Woods$1,590$70033
The Old Towne$1,599$95048
Alton Park$1,697$74964
Tyner Greenwood$1,710$649366
Bella Vista$1,739$649349
Hickory Valley Hamilton Place$1,739$649360
Marimont Old Crab Tree$1,739$649354

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. The View at Mission Ridge in the East Lake neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here is today’s list of the most affordable Chattanooga apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lily Grace NorthStudioStudio,1BA$675
The View at Mission RidgeStudioStudio,1BA$700
821 Vine StPrivate Bedroom2BR,1BA$700
GoodHomes ChattanoogaStudioStudio,1BA$745
Lakeshore ApartmentsCozy Studio Apartment - SPECIAL LIMITED TIME LO...Studio,1BA$830
River City North2 Bedroom2BR,2BA$832
The Overlook ApartmentsStudioStudio,1BA$838
Terra at AshleyA11BR,1BA$849
The Beverly1BR/1BA1BR,1BA$850
The Winn at 9501 Bedroom Small1BR,1BA$860

Best Value Apartments for Rent in Chattanooga, TN

As of December 26, 2025 the best value apartment in the Chattanooga area is the $1.09 price per square foot Ridgeland Model at Valley Ridge in the in the St. Elmo neighborhood starting from $1,898. 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$1.09
Bluff View at Northside ApartmentsCumberland Rehab2BR,2.5BA$1.08
Germantown Gardens2 Bedroom 2 Bath Home; 1278 sq ft + Washer/Drye...2BR,2BA$1.06
Douglas Heights3BR/3BA - C13BR,3BA$0.60
Elements44The Ruthenium2BR,1.5BA$1.00
Woodland ManorThe Creekside2BR,1BA$1.08
821 Vine StPrivate Bedroom2BR,1BA$0.70
River City North2 Bedroom2BR,2BA$0.84
Dogwood Place ApartmentsWonderful 2 Bedroom Apartment2BR,1BA$1.09
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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

Decorative image of map

See the most popular apartments and homes in Chattanooga, TN

View Map
Chattanooga, TN Apartments Map
View Map
Chattanooga, TN Rental Homes Map

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 $860.

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 $2,902.

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 566 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 $886 which is $2,016 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

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.

decorative image for How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips article

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.