Cheap Homes for Rent in East Lake Neighborhood of Chattanooga, TN from $700 (25 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 3634 Monte Vista Dr

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

1 Bedroom, 1 Bath Townhome for Rent

Available Now

3634 Monte Vista Dr

ChattanoogaTN37411

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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
The View at Mission RidgeOne Bedroom1BR,1BA$915
The Ridge ApartmentsOne Bedroom1BR,1BA$950
Chateau Royale WestOne Bedroom 1 Bath1BR,1BA$975

Best Value Apartments for Rent in East Lake, TN

As of June 12, 2026 the best value apartment in the East Lake area is the $0.79 price per square foot The Oak Model at Grey Parc of Rossville in the in the East Lake neighborhood starting from $999. The second greatest value East Lake apartment is the 3 Beds, 2 baths Model at The Highlands Apartments starting at $1,385 with a $1.17 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$0.79
The Highlands Apartments3 Beds, 2 baths3BR,2BA$1.17
The Reserve at Mountain Pass2 Bedroom Two Bathroom2BR,2BA$0.51
Sweetbay Apartments2 Bedroom 1 Bath with 1040 Sq. Ft. Ground Floor...2BR,1BA$1.35
Germantown Gardens1 Bedroom 1 Bath Home; 929 sq ft + Washer/Dryer...1BR,1BA$1.29
Burnside1BR/1.0BA1BR,1BA$1.22
2 Bed/1.5 Bath Apartment-Rossville, GA2BR/1.5BA2BR,1BA$1.17
Ridgeside Flats2 Bedroom / 1 Bath2BR,1BA$1.21
The View at Mission RidgeOne Bedroom1BR,1BA$1.46
Chateau Royale WestOne Bedroom 1 Bath1BR,1BA$1.58

Frequently Asked Questions about East Lake

What type of rentals are currently available in East Lake?

There are currently 111 Apartments for Rent in East Lake, TN with pricing that ranges from $556 to $2,595. There are also 70 Single Family Homes for rent, Condos, and Townhome rentals currently available in East Lake ranging from $725 to $3,200.

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 $725 to $3,200 with an average monthly rent of $1,572.

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 $637 to $1,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $3,200. Four Bedroom Single-Family rentals are also available starting from $1,690 and Four Bedroom Apartments start at $1,999.

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

decorative image for A Local Expert’s Guide To the Top Budget-Friendly Neighborhoods to Rent in Chattanooga, TN article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.