Cheap Apartments for Rent in the Bonny Oaks Highway 58 Neighborhood of Chattanooga, TN from $600 (24 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Bonny Oaks Highway 58 area of Chattanooga.

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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Arbor Hill Apartments
1 to 2 Bedroom Apartments

Arbor Hill Apartments

5305-5315 Highway 58Chattanooga, TN 37416
  • Utilities Included
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Riverside Place
2 to 3 Bedroom Apartments

Riverside Place

5121 Hulk LnChattanooga, TN 37416
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Laurel Ridge Apartments
1 to 2 Bedroom Apartments

Laurel Ridge Apartments

4715 Bonny Oaks DrChattanooga, TN 37416
Corporate Housing

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Showing Results 1-24, Page 1 of 1

Cheapest Available Bonny Oaks Highway 58 Apartments for Rent

 

The cheapest available apartment rental in the Bonny Oaks Highway 58 area of Chattanooga, TN is a 1 Bed unit found at The Beverly Apartments priced from $799. Courts at Waterford has the second lowest priced unit, which is a 1 Bed apartment currently listed from $892. Here are the most affordable Bonny Oaks Highway 58 apartments for rent in Chattanooga, TN:

Apartment ListingModel NameBed/BathPriced From
The Beverly ApartmentsA11BR,1BA$799
Courts at Waterford1x11BR,1BA$892
Bridgeway Chattanooga Apartment HomesBlackBurn1BR,1BA$975
Laurel Ridge ApartmentsMaple1BR,1BA$1,052
Elements of Chattanooga1 Bedroom, 1 Bathroom1BR,1BA$1,065

Best Value Apartments for Rent in Bonny Oaks Highway 58, TN

As of June 21, 2026 the best value apartment in the Bonny Oaks Highway 58 area is the $1.38 price per square foot Eberly Model at The Collection Wiltshire in the in the Marimont neighborhood starting from $1,899. The second greatest value Bonny Oaks Highway 58 apartment is the 2 Bed 2 Bath Model at Lily Grace North starting at $1,199 with a $1.29 price per square foot in the East Chattanooga neighborhood. Here is today’s list of the best values for Bonny Oaks Highway 58 apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Collection WiltshireEberly3BR,2.5BA$1.38
Lily Grace North2 Bed 2 Bath2BR,2BA$1.29
The Shoals at Chickamauga LakeA21BR,1BA$1.46
The EmeryTwo Bedroom | One Bathroom2BR,1BA$1.48
Hills at OakwoodB1-2 x 1.5 Hickory2BR,1.5BA$1.29
Haven Cross CreekA21BR,1BA$1.64
Villas at Oak CrestPoplar1BR,1BA$1.61
Elements of Chattanooga1 Bedroom, 1 Bathroom1BR,1BA$1.54
The Beverly ApartmentsA11BR,1BA$1.33
Courts at Waterford1x11BR,1BA$1.50

Frequently Asked Questions about Cheap Bonny Oaks Highway 58 Apartments

What is a cheap apartment in Bonny Oaks Highway 58?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Bonny Oaks Highway 58 is under $1,190.

What is the price of a cheap apartment in Bonny Oaks Highway 58?

The cheapest apartment in Bonny Oaks Highway 58 is The Beverly Apartments which is listed at $799, while the average apartment in Bonny Oaks Highway 58 costs $1,859.

What types of apartments are the cheapest in Bonny Oaks Highway 58?

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 6 regular apartments in Bonny Oaks Highway 58 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 Bonny Oaks Highway 58?

Cheap apartments in Bonny Oaks Highway 58 have an average cost of $338 which is $1,521 cheaper than the average rent for all rentals in Bonny Oaks Highway 58.

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

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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 Occupancy Rates: Renter Attraction vs Renter Retention

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.