Cheap Apartments for Rent in the Downtown Chattanooga Neighborhood of Chattanooga, TN from $600 (17 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Chattanooga area of Chattanooga.

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.

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.

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Mission at Main
Studio to 2 Bedroom Apartments

Mission at Main

26 E Main StChattanooga, TN 37408
  • Utilities Included
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Mitchell Apartments
3 Bedroom Apartments

Mitchell Apartments

1601 Mitchell AveChattanooga, TN 37408
Student Housing
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320 High Street
1 Bedroom Apartments

320 High Street

320 High StChattanooga, TN 37403
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Chestnut Flats
1 to 3 Bedroom Apartments

Chestnut Flats

2108 Chestnut StChattanooga, TN 37408

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.

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The Grand
1 Bedroom Apartments

The Grand

1401 Market StChattanooga, TN 37402

Downtown Chattanooga, Chattanooga, TN Local Guide

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 ListingModel NameBed/BathPriced From
Passenger FlatsStudio EasternStudio,1BA$950
The Overlook ApartmentsStudioStudio,1BA$951
17 BroadRubyStudio,1BA$1,058
Tomorrow Building at Patten ParkwayEssential FloorplanStudio,1BA$1,199
West 6th Apartments - ALL INCLUSIVE LIVINGStudiosStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Ayrshire Building - 418 Mccallie Ave2 Bedroom2BR,1BA$1.64
Walnut Commons2 Bedroom Two Bathroom2BR,2BA$1.84
Market City Center1 Bedroom 1 Bathroom1BR,1BA$1.88
1400 Chestnut1C101BR,1BA$2.05
Bread Factory LoftsStudioStudio ,1BA$1.61
The Fleetwood Building0BR/1.0BAStudio ,1BA$1.86
The MaclellanCrutchfield1BR,1BA$1.99
Riverset1 Bedroom1BR,1BA$2.00
The GrandD1BR,1BA$2.06
17 BroadRubyStudio ,1BA$1.79

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Pet Friendly Lifestyle
Downtown Chattanooga, Chattanooga, TN

Ranked #32

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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.

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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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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.

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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.

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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.