Cheap Apartments for Rent in the East Lake Neighborhood of Chattanooga, TN from $500 (23 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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Montview Apartments
1 to 2 Bedroom Apartments

Montview Apartments

30 Tunnel BlvdChattanooga, TN 37411
  • Utilities Included

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Foundry Flats
Studio to 1 Bedroom Apartments

Foundry Flats

410 W 25th StChattanooga, TN 37408

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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 2 Beds unit found at The Reserve at Mountain Pass priced from $556. The Highlands Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $830. Here are the most affordable East Lake apartments for rent in Chattanooga, TN:

Apartment ListingModel NameBed/BathPriced From
The Reserve at Mountain Pass2 Bedroom Two Bathroom2BR,2BA$556
The Highlands Apartments1 Bed, 1 bath1BR,1BA$830
Grey Parc of RossvilleThe Maple2BR,1BA$899
East Ridge Flats and TownhomesThe Crepe Myrtle1BR,1BA$899
The View at Mission RidgeOne Bedroom1BR,1BA$915

Best Value Apartments for Rent in East Lake, TN

As of March 14, 2026 the best value apartment in the East Lake area is the $0.88 price per square foot The Oak Model at Grey Parc of Rossville in the in the East Lake neighborhood starting from $1,110. The second greatest value East Lake apartment is the 3 Bedroom Two Bathroom Model at The Reserve at Mountain Pass starting at $1,393 with a $1.11 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.
Grey Parc of RossvilleThe Oak3BR,1BA$0.88
The Reserve at Mountain Pass3 Bedroom Two Bathroom3BR,2BA$1.11
600 Villard Dr, Unit #B600 Villard Dr3BR,1BA$1.41
The Highlands Apartments3 Beds, 2 baths3BR,2BA$1.17
Ridgeside Flats2 Bedroom / 1 Bath2BR,1BA$1.21
2 Bed/1.5 Bath Apartment-Rossville, GA2BR/1.5BA2BR,1BA$1.17
225 S Germantown Rd, Unit B225 S Germantown Rd1BR,1BA$1.25
East Ridge Flats and TownhomesThe Crepe Myrtle1BR,1BA$1.28
Foundry Flats1BR/1.0BA1BR,1BA$1.43
The View at Mission RidgeOne Bedroom1BR,1BA$1.32

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 $995.

What is the price of a cheap apartment in East Lake?

The cheapest apartment in East Lake is The Highlands Apartments which is listed at $830, while the average apartment in East Lake costs $2,934.

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 21 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 $462 which is $2,472 cheaper than the average rent for all rentals in East Lake.

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.

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