Cheap Apartments for Rent in the East Lake Neighborhood of Chattanooga, TN from $500 (32 Rentals)

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

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Highlands Apartments
1 to 3 Bedroom Apartments

Highlands Apartments

2001 S Lyerly StChattanooga, TN 37404
  • Utilities Included
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Montview Apartments
1 to 2 Bedroom Apartments

Montview Apartments

30 Tunnel BlvdChattanooga, TN 37411
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Foundry Flats
Studio to 1 Bedroom Apartments

Foundry Flats

410 W 25th StChattanooga, TN 37408
Showing Results 1-32, Page 1 of 1

East Lake, Chattanooga, TN Local Guide

Cheapest Available East Lake Apartments for Rent

 

The cheapest available apartment rental in the East Lake area of Chattanooga, TN is a 1 Bed unit found at Chateau Royale West priced from $895. Home Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $945. Here are the most affordable East Lake apartments for rent in Chattanooga, TN:

Apartment ListingModel NameBed/BathPriced From
Chateau Royale West1A1BR,1BA$895
Home Place Apartments1 Bedroom1BR,1BA$945
Sterling Heights Apartments by Callio Properties1x11BR,1BA$975
Foundry Flats0BR/1.0BAStudio,1BA$995
Ridgeside Flats2 Bedroom / 1 Bath2BR,1BA$1,080
Summit East RidgeCypress2BR,1BA$1,095
East Line Apartments - Live on Main StreetStudio1BR,1BA$1,105
Burnside1BR/1.0BA1BR,1BA$1,295
Veranda at the RidgeBirch2BR,1BA$1,299
Urban LoftsA11BR,1BA$1,325

Best Value Apartments for Rent in East Lake, TN

As of July 30, 2025 the best value apartment in the East Lake area is the $1.24 price per square foot 2 Bedroom Model at Slate Residences in the in the East Lake neighborhood starting from $1,790. The second greatest value East Lake apartment is the 2 Bedroom 2 Bath Home; 1278 sq ft w/ w&d hook ups Model at Germantown Gardens starting at $1,350 with a $1.06 price per square foot in the East Lake neighborhood. Here is today’s list of the best values for East Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Slate Residences2 Bedroom2BR,1BA$1.24
Germantown Gardens2 Bedroom 2 Bath Home; 1278 sq ft w/ w&d hook ups2BR,2BA$1.06
Veranda at the RidgeBirch2BR,1.5BA$1.03
Stylish Units in the Heart of Highland ParkThe Poplin - Newest on Main St2BR,2BA$1.59
The Poplin2 Bedroom2BR,2BA$1.59
Summit East RidgeCypress2BR,1BA$1.12
Ridgeside Flats2 Bedroom / 1 Bath2BR,1BA$1.20
Sterling Heights Apartments by Callio Properties1x11BR,1BA$1.47
Chateau Royale West1A1BR,1BA$1.45
Home Place Apartments1 Bedroom1BR,1BA$1.58

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Pet Friendly Lifestyle
East Lake, Chattanooga, TN

Ranked #40

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap East Lake Apartments

What is the Cheapest Studio apartment in East Lake?

Currently the most affordable Cheap Studio Apartment in East Lake is at Foundry Flats listed at $995.

How much is rent for a Cheap One Bedroom East Lake Apartment?

The lowest price for a Cheap One Bedroom East Lake Apartment is $895 at Chateau Royale West.

What is the lowest price for a Cheap Two Bedroom East Lake Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in East Lake is starting from $995 at Chateau Royale West.

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.