Cheap Apartments for Rent in the East Lake Neighborhood of Chattanooga, TN from $500 (16 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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property at 47 Bryan Ln

$700 - $1,000

1 To 2 Bedroom Rentals

Available Now

47 Bryan Ln

RossvilleGA30741

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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. The Ridge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. 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
The Ridge ApartmentsOne Bedroom1BR,1BA$950
Chateau Royale WestOne Bedroom 1 Bath1BR,1BA$975
East Ridge Flats and TownhomesThe Lookout2BR,1BA$999
Foundry Flats1BR/1.0BA1BR,1BA$1,015

Best Value Apartments for Rent in East Lake, TN

As of December 21, 2025 the best value apartment in the East Lake area is the $1.06 price per square foot 2 Bedroom 2 Bath Home; 1278 sq ft + Washer/Drye... Model at Germantown Gardens in the in the East Lake neighborhood starting from $1,350. The second greatest value East Lake apartment is the Birch Model at Veranda at the Ridge starting at $1,199 with a $0.95 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.
Germantown Gardens2 Bedroom 2 Bath Home; 1278 sq ft + Washer/Drye...2BR,2BA$1.06
Veranda at the RidgeBirch2BR,1.5BA$0.95
Sterling Heights Apartments by Callio Properties2x2 - The Tulip2BR,2BA$1.03
The Reserve at Mountain Pass2 Bedroom Two Bathroom2BR,2BA$1.52
Summit East RidgeCypress2BR,1BA$1.12
Ridgeside Flats2 Bedroom / 1 Bath2BR,1BA$1.21
2 Bed/1.5 Bath Apartment-Rossville, GA2BR/1.5BA2BR,1BA$1.22
East Ridge Flats and TownhomesThe Lookout2BR,1BA$1.25
Foundry Flats1BR/1.0BA1BR,1BA$1.46
Chateau Royale WestOne Bedroom 1 Bath1BR,1BA$1.58

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Pet Friendly Lifestyle
East Lake, Chattanooga, TN

Ranked #48

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

Pet Friendliness Lifestyle Score

3.5
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 The View at Mission Ridge listed at $700.

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

The lowest price for a Cheap One Bedroom East Lake Apartment is $875 at The View at Mission Ridge.

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 $999 at East Ridge Flats and Townhomes.

What is the most affordable East Lake Three Bedroom Apartment?

The best deal on a cheap East Lake Three Bedroom Apartment rental is at The Ridge Apartments and starts from $1,200.

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.

Articles, How-To's, and Tips

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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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!