Cheap Homes for Rent in East Lake Neighborhood of Chattanooga, TN from $800 (27 Rentals)

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

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

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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Chattanooga's Best Affordable Neighborhoods

Learn about Chattanooga and the best places to live with original content written by our Local Expert Catrina Cowart

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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 1 Bed unit found at East Ridge Flats and Townhomes priced from $899. Foundry Flats has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here are the most affordable East Lake apartments for rent in Chattanooga, TN:

Apartment ListingModel NameBed/BathPriced From
East Ridge Flats and TownhomesThe Crepe Myrtle1BR,1BA$899
Foundry Flats0BR/1.0BAStudio,1BA$950
Summit East RidgeMagnolia1BR,1BA$975
Sterling Heights Apartments by Callio Properties1x11BR,1BA$1,000
East Ridge Village1 Bedroom 1 Home with 600 Square Feet of Living...1BR,1BA$1,025
Borough 33 ApartmentsAddisonStudio,1BA$1,049
Ridgeside Flats2 Bedroom / 1 Bath2BR,1BA$1,080
East Line Apartments - Live on Main StreetLive on Chattanooga's Trendy Southside!1BR,1BA$1,105
Germantown Gardens1 Bedroom 1 Bath Home; 929 sq ft1BR,1BA$1,150

Best Value Apartments for Rent in East Lake, TN

As of June 02, 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 First Model at Stylish Units in the Heart of Highland Park starting at $1,680 with a $1.68 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.
Veranda at the RidgeBirch2BR,1.5BA$1.03
Stylish Units in the Heart of Highland ParkFirst2BR,2BA$1.68
Germantown Gardens1 Bedroom 1 Bath Home; 929 sq ft1BR,1BA$1.24
Ridgeside Flats2 Bedroom / 1 Bath2BR,1BA$1.20
20 S Crest Rd, Unit 20.520 S Crest Rd2BR,1BA$1.56
115 S Crest Rd, Unit 1115 S Crest Rd1BR,1BA$1.40
East Ridge Flats and TownhomesThe Crepe Myrtle1BR,1BA$1.28
Summit East RidgeMagnolia1BR,1BA$1.42
Sterling Heights Apartments by Callio Properties1x11BR,1BA$1.51
East Ridge Village1 Bedroom 1 Home with 600 Square Feet of Living...1BR,1BA$1.71

Quick Rent Budget Calculator

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Frequently Asked Questions about East Lake

What type of rentals are currently available in East Lake?

There are currently 118 Apartments for Rent in East Lake, TN with pricing that ranges from $695 to $6,690. There are also 80 Single Family Homes for rent, Condos, and Townhome rentals currently available in East Lake ranging from $800 to $2,995.

What is the current price range for Rental Homes in East Lake?

Today's rental pricing for Homes for Rent, Condos and Townhomes in East Lake ranges from $800 to $2,995 with an average monthly rent of $1,626.

How much are larger Three and Four Bedroom Rentals in East Lake?

For those who are looking for larger living arrangements, Three Bedroom Apartments in East Lake range from $1,199 to $2,960, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,199 to $2,900. Four Bedroom Single-Family rentals are also available starting from $1,350 and Four Bedroom Apartments start at $1,685.

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 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.

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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.