Cheap Apartments for Rent in the Cherokee Woods Neighborhood of Chattanooga, TN from $600 (12 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Cherokee Woods 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.

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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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Campbell Ridge
1 to 3 Bedroom Apartments

Campbell Ridge

3401 Campbell StChattanooga, TN 37406
  • Utilities Included
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Maple Hills
2 to 3 Bedroom Apartments

Maple Hills

2515 Gilbert StChattanooga, TN 37406

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.

Cherokee Woods, Chattanooga, TN Local Guide

Cheapest Available Cherokee Woods Apartments for Rent

 

The cheapest available apartment rental in the Cherokee Woods area of Chattanooga, TN is a Studio unit found at Lily Grace North priced from $699. The Beverly Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here are the most affordable Cherokee Woods apartments for rent in Chattanooga, TN:

Apartment ListingModel NameBed/BathPriced From
Lily Grace NorthStudioStudio,1BA$699
The Beverly ApartmentsA11BR,1BA$799
Courts at Waterford1x11BR,1BA$869
Reserve At LakeshoreThe FrazierStudio,1BA$1,169
Laurel Ridge ApartmentsDogwood1BR,1BA$1,183

Best Value Apartments for Rent in Cherokee Woods, TN

As of June 11, 2026 the best value apartment in the Cherokee Woods area is the $1.68 price per square foot The Rossa I Model at Forest Hill Villas Apartment Homes in the in the Marimont neighborhood starting from $1,460. The second greatest value Cherokee Woods apartment is the A1 Model at Haven Cross Creek starting at $1,230 with a $1.66 price per square foot in the East Chattanooga neighborhood. Here is today’s list of the best values for Cherokee Woods apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Forest Hill Villas Apartment HomesThe Rossa I1BR,1BA$1.68
Haven Cross CreekA11BR,1BA$1.66
Laurel Ridge ApartmentsDogwood1BR,1BA$1.76
The Beverly ApartmentsA11BR,1BA$1.33
Courts at Waterford1x11BR,1BA$1.46
Reserve At LakeshoreThe Frazier - FurnishedStudio ,1BA$2.40
Lily Grace NorthStudioStudio ,1BA$2.80

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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Pet Friendly Lifestyle
Cherokee Woods, Chattanooga, TN

Ranked #73

Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Cherokee Woods Apartments

What is a cheap apartment in Cherokee Woods?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Cherokee Woods is under $1,460.

What is the price of a cheap apartment in Cherokee Woods?

The cheapest apartment in Cherokee Woods is The Beverly Apartments which is listed at $799, while the average apartment in Cherokee Woods costs $1,685.

What types of apartments are the cheapest in Cherokee Woods?

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 Cherokee Woods that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

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

Written by: Robin Stewart

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

Written by: Christine Leonard, Esq.

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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.