Cheap Apartments for Rent in the East Lake Neighborhood of Chattanooga, TN from $500 (47 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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Foundry Flats
Studio to 1 Bedroom Apartments

Foundry Flats

410 W 25th StChattanooga, TN 37408
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Summit East Ridge
1 to 3 Bedroom Apartments

Summit East Ridge

3725 Fountain AveChattanooga, TN 37412
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The Oaks at Midtown
1 to 2 Bedroom Apartments

The Oaks at Midtown

205 Dellwood PlChattanooga, TN 37411
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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property at 47 Bryan Ln

47 Bryan Ln

RossvilleGA30741

The Art of the Rental Viewing: What to look for during a property tour

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Showing Results 1-47, 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 Studio unit found at The View at Mission Ridge priced from $700. Chateau Royale West has the second lowest priced unit, which is a 1 Bed apartment currently listed from $975. Here are the most affordable East Lake apartments for rent in Chattanooga, TN:

Apartment ListingModel NameBed/BathPriced From
The View at Mission RidgeStudioStudio,1BA$700
Chateau Royale WestOne Bedroom 1 Bath1BR,1BA$975
Foundry Flats1BR/1.0BA1BR,1BA$995
Veranda at the RidgeApplewood1BR,1BA$999
Sterling Heights Apartments by Callio Properties1x11BR,1BA$1,000
Ridgeside Flats2 Bedroom / 1 Bath2BR,1BA$1,089
Summit East RidgeCypress2BR,1BA$1,095
East Line Apartments - Live on Main StreetStudio1BR,1BA$1,105
Burnside1BR/1.0BA1BR,1BA$1,195
The Flats at Southside GardensTypical Unit1BR,1BA$1,200

Best Value Apartments for Rent in East Lake, TN

As of September 14, 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
The Reserve at Mountain Pass3 Bedroom Two Bathroom3BR,2BA$1.00
The Poplin2 Bedroom2BR,2BA$1.59
Ridgeside Flats2 Bedroom / 1 Bath2BR,1BA$1.21
Burnside1BR/1.0BA1BR,1BA$1.37
Foundry Flats1BR/1.0BA1BR,1BA$1.43
Sterling Heights Apartments by Callio Properties1x11BR,1BA$1.51
Veranda at the RidgeApplewood1BR,1BA$1.56
Chateau Royale WestOne Bedroom 1 Bath1BR,1BA$1.58

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Pet Friendly Lifestyle
East Lake, Chattanooga, TN

Ranked #49

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 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 $1,200.

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

The cheapest apartment in East Lake is The View at Mission Ridge which is listed at $915, while the average apartment in East Lake costs $2,350.

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 8 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 $2,168 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.

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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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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.