Cheap Apartments for Rent in the Bonny Oaks Highway 58 Neighborhood of Chattanooga, TN from $700 (17 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 the Bonny Oaks Highway 58 area of Chattanooga.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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.

Read Article

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
close
View Me
Arbor Hill Apartments
1 to 2 Bedroom Apartments

Arbor Hill Apartments

5305-5315 Highway 58Chattanooga, TN 37416
  • Utilities Included

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
close
View Me
Riverside Place
2 to 3 Bedroom Apartments

Riverside Place

5121 Hulk LnChattanooga, TN 37416
Showing Results 1-17, 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 Studio unit found at Lily Grace North priced from $749. Courts at Waterford has the second lowest priced unit, which is a 1 Bed apartment currently listed from $974. Here are the most affordable Bonny Oaks Highway 58 apartments for rent in Chattanooga, TN:

Apartment ListingModel NameBed/BathPriced From
Lily Grace NorthStudioStudio,1BA$749
Courts at Waterford1x11BR,1BA$974
Hills at OakwoodA3-1 x 1.5 Chestnut1BR,1BA$1,025
Bridgeway Chattanooga Apartment HomesBlackBurn1BR,1BA$1,025
Elements of Chattanooga1 Bedroom, 1 Bathroom1BR,1BA$1,065

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

As of May 07, 2026 the best value apartment in the Bonny Oaks Highway 58 area is the $1.22 price per square foot Batton Model at Anchor Point in the in the Lake Hills neighborhood starting from $1,968. The second greatest value Bonny Oaks Highway 58 apartment is the A2 Model at The Shoals at Chickamauga Lake starting at $1,327 with a $1.48 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.
Anchor PointBatton3BR,2.5BA$1.22
The Shoals at Chickamauga LakeA21BR,1BA$1.48
Forest Hill Villas Apartment HomesThe Rossa II1BR,1BA$1.41
The Beverly ApartmentsB12BR,1BA$1.36
The EmeryTwo Bedroom | One Bathroom2BR,1BA$1.47
Marina PointeConstellation1BR,1BA$1.56
Villas at Oak CrestPoplar1BR,1BA$1.56
Elements of Chattanooga1 Bedroom, 1 Bathroom1BR,1BA$1.54
Hills at OakwoodA3-1 x 1.5 Chestnut1BR,1.5BA$1.55
Courts at Waterford1x11BR,1BA$1.64

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 $1,170.

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

The cheapest apartment in Bonny Oaks Highway 58 is Courts at Waterford which is listed at $974, while the average apartment in Bonny Oaks Highway 58 costs $1,901.

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 7 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 $355 which is $1,546 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

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.