
Cheap Apartments for Rent in the Downtown Chattanooga Neighborhood of Chattanooga, TN from $600 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Chattanooga area of Chattanooga.


The Overlook Apartments
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Ayrshire Building - 418 Mccallie Ave

17 Broad

Lindsay 414

Tomorrow Building at Patten Parkway

West 6th Apartments - ALL INCLUSIVE LIVING
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River Rock

Vista Cameron Harbor

603 Lindsay St
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Downtown Chattanooga, Chattanooga, TN Local Guide

How much does it cost to rent an apartment in Downtown Chattanooga?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Chattanooga Studio Apartments | $1,411 | $950 | $3,337 |
Downtown Chattanooga 1 Bedroom Apartments | $1,482 | $1,006 | $2,218 |
Downtown Chattanooga 2 Bedroom Apartments | $2,002 | $1,172 | $5,803 |
Downtown Chattanooga 3 Bedroom Apartments | $2,888 | $745 | $3,999 |
Downtown Chattanooga 4 Bedroom Apartments | $1,111 | $665 | $2,400 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Downtown Chattanooga Neighborhood of Chattanooga, TN.
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Downtown Chattanooga, Chattanooga, TN Local Guide
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Cheapest Available Downtown Chattanooga Apartments for Rent
 The cheapest available apartment rental in the Downtown Chattanooga area of Chattanooga, TN is a Studio unit found at Passenger Flats priced from $950. The Overlook Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $951. Here are the most affordable Downtown Chattanooga apartments for rent in Chattanooga, TN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Passenger Flats | Studio Eastern | Studio,1BA | $950 |
The Overlook Apartments | Studio | Studio,1BA | $951 |
17 Broad | Ruby | Studio,1BA | $1,058 |
Tomorrow Building at Patten Parkway | Essential Floorplan | Studio,1BA | $1,199 |
West 6th Apartments - ALL INCLUSIVE LIVING | Studios | Studio,1BA | $1,199 |
Best Value Apartments for Rent in Downtown Chattanooga, TN
As of July 30, 2025 the best value apartment in the Downtown Chattanooga area is the $1.64 price per square foot 2 Bedroom Model at Ayrshire Building - 418 Mccallie Ave in the in the St. Elmo neighborhood starting from $1,800. The second greatest value Downtown Chattanooga apartment is the 2 Bedroom Two Bathroom Model at Walnut Commons starting at $1,879 with a $1.84 price per square foot in the University of Tennessee At Chattanooga neighborhood. Here is today’s list of the best values for Downtown Chattanooga apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Ayrshire Building - 418 Mccallie Ave | 2 Bedroom | 2BR,1BA | $1.64 |
Walnut Commons | 2 Bedroom Two Bathroom | 2BR,2BA | $1.84 |
Market City Center | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.88 |
1400 Chestnut | 1C10 | 1BR,1BA | $2.05 |
Bread Factory Lofts | Studio | Studio ,1BA | $1.61 |
The Fleetwood Building | 0BR/1.0BA | Studio ,1BA | $1.86 |
The Maclellan | Crutchfield | 1BR,1BA | $1.99 |
Riverset | 1 Bedroom | 1BR,1BA | $2.00 |
The Grand | D | 1BR,1BA | $2.06 |
17 Broad | Ruby | Studio ,1BA | $1.79 |
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Pet Friendly LifestyleDowntown Chattanooga, Chattanooga, TN
Ranked #32
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, including Downtown Chattanooga, Chattanooga, and the greater Chattanooga area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, pet-friendly features, places that make kids happy, proximity to transit, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Downtown Chattanooga Apartments
What is a cheap apartment in Downtown Chattanooga?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Chattanooga is under $1,272.
What is the price of a cheap apartment in Downtown Chattanooga?
The cheapest apartment in Downtown Chattanooga is The Overlook Apartments which is listed at $1,006, while the average apartment in Downtown Chattanooga costs $3,447.
What types of apartments are the cheapest in Downtown 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 3 regular apartments in Downtown Chattanooga that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.

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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.

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.