
Cheap Apartments for Rent in the East Lake Neighborhood of Chattanooga, TN from $500 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in the East Lake area of Chattanooga.


915 S Seminole Dr
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.

4504 13th Ave

Chateau Royale West

1 Clearview Ave

2502 Chamberlain Ave.

Home Place Apartments

East Ridge Flats and Townhomes
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.

322 Vista Dr, Unit 322 Vista A

2412 E 14th St, Unit 2

3336 Pinewood Ave

3405 Maple Creek Ln

706 Dunlap Ave

Veranda at the Ridge
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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Sweetbay Apartments
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East Lake, Chattanooga, TN Local Guide

How much does it cost to rent an apartment in East Lake?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
East Lake Studio Apartments | $1,525 | $1,105 | $1,812 |
East Lake 1 Bedroom Apartments | $1,353 | $750 | $1,650 |
East Lake 2 Bedroom Apartments | $1,320 | $815 | $2,930 |
East Lake 3 Bedroom Apartments | $1,655 | $1,261 | $3,300 |
East Lake 4 Bedroom Apartments | $2,995 | $1,490 | $6,760 |
Browse Apartments in this Neighborhood
There are currently 32 rentals with your search options within a 2 mile radius of the East Lake Neighborhood of Chattanooga, TN.
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East Lake, Chattanooga, TN Local Guide
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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. East Ridge Flats and Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here are the most affordable East Lake apartments for rent in Chattanooga, TN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Chateau Royale West | 1A | 1BR,1BA | $895 |
East Ridge Flats and Townhomes | The Crepe Myrtle | 1BR,1BA | $899 |
Foundry Flats | 0BR/1.0BA | Studio,1BA | $950 |
Summit East Ridge | Magnolia | 1BR,1BA | $975 |
Ridgeside Flats | 2 Bedroom / 1 Bath | 2BR,1BA | $1,080 |
The Reserve at Mountain Pass | 2 Bedroom Two Bathroom | 2BR,2BA | $1,085 |
East Line Apartments - Live on Main Street | Live on Chattanooga's Trendy Southside! | 1BR,1BA | $1,105 |
Germantown Gardens | 1 Bedroom 1 Bath Home; 929 sq ft | 1BR,1BA | $1,150 |
Best Value Apartments for Rent in East Lake, TN
As of June 21, 2025 the best value apartment in the East Lake area is the $1.03 price per square foot Birch Model at Veranda at the Ridge in the in the East Lake neighborhood starting from $1,299. The second greatest value East Lake apartment is the 2 Bedroom Two Bathroom Model at The Reserve at Mountain Pass starting at $1,085 with a $1.00 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Veranda at the Ridge | Birch | 2BR,1.5BA | $1.03 |
The Reserve at Mountain Pass | 2 Bedroom Two Bathroom | 2BR,2BA | $1.00 |
104 Beech St, Unit B | 104 Beech St | 2BR,1BA | $1.15 |
Germantown Gardens | 1 Bedroom 1 Bath Home; 929 sq ft | 1BR,1BA | $1.24 |
Ridgeside Flats | 2 Bedroom / 1 Bath | 2BR,1BA | $1.20 |
20 S Crest Rd, Unit 20.5 | 20 S Crest Rd | 2BR,1BA | $1.56 |
115 S Crest Rd, Unit 11 bedroom senior apt | 115 S Crest Rd | 1BR,1BA | $1.40 |
East Ridge Flats and Townhomes | The Crepe Myrtle | 1BR,1BA | $1.28 |
Summit East Ridge | Magnolia | 1BR,1BA | $1.42 |
Chateau Royale West | 1A | 1BR,1BA | $1.45 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleEast Lake, Chattanooga, TN
Ranked #48
Among neighborhoods in Chattanooga, TN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap East Lake Apartments
What is a cheap apartment in East Lake?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in East Lake is under $1,150.
What is the price of a cheap apartment in East Lake?
The cheapest apartment in East Lake is Chateau Royale West which is listed at $895, while the average apartment in East Lake costs $2,400.
What types of apartments are the cheapest in East Lake?
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 2 regular apartments in East Lake 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 East Lake?
Cheap apartments in East Lake have an average cost of $182 which is $2,218 cheaper than the average rent for all rentals in East Lake.
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.

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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.