Cheap Homes for Rent in East Lake Neighborhood of Chattanooga, TN from $800 (48 Rentals)

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

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

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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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.

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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. 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 20, 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 3 Bedroom Two Bathroom Model at The Reserve at Mountain Pass starting at $1,261 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Slate Residences2 Bedroom2BR,1BA$1.24
The Reserve at Mountain Pass3 Bedroom Two Bathroom3BR,2BA$1.00
The Poplin2 Bedroom2BR,2BA$1.59
Stylish Units in the Heart of Highland ParkSecond2BR,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

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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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

4.0
Pet Friendly

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Frequently Asked Questions about East Lake

What type of rentals are currently available in East Lake?

There are currently 122 Apartments for Rent in East Lake, TN with pricing that ranges from $700 to $5,562. There are also 87 Single Family Homes for rent, Condos, and Townhome rentals currently available in East Lake ranging from $800 to $3,000.

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 $3,000 with an average monthly rent of $1,937.

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 $1,100 to $2,928, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,199 to $2,895. Four Bedroom Single-Family rentals are also available starting from $2,050 and Four Bedroom Apartments start at $1,699.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.