Cheap Apartments for Rent in the Hemphill Neighborhood of Chattanooga, TN from $700 (51 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Hemphill area of Chattanooga.

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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.

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Montview Apartments
1 to 2 Bedroom Apartments

Montview Apartments

30 Tunnel BlvdChattanooga, TN 37411
  • Utilities Included
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View at Midtown
1 to 2 Bedroom Apartments

View at Midtown

3700 Cherryton DrChattanooga, TN 37411
  • Utilities Included

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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Dodson Ave Apartments
2 to 3 Bedroom Apartments

Dodson Ave Apartments

457 Dodson AveChattanooga, TN 37404
  • Utilities Included

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 Oaks at Midtown
1 to 2 Bedroom Apartments

The Oaks at Midtown

205 Dellwood PlChattanooga, TN 37411
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Hemphill, Chattanooga, TN Local Guide

Cheapest Available Hemphill Apartments for Rent

 

The cheapest available apartment rental in the Hemphill area of Chattanooga, TN is a 1 Bed unit found at 404 Homes priced from $889. The View at Mission Ridge has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here are the most affordable Hemphill apartments for rent in Chattanooga, TN:

Apartment ListingModel NameBed/BathPriced From
404 HomesAmazing 1 Beds | 1 Baths | 340 Square Ft. studi...1BR,1BA$889
The View at Mission RidgeOne Bedroom1BR,1BA$900
Spring Creek Gardens1 Bedroom 1 Bath Home with 611 Square Feet of L...1BR,1BA$925
The Ridge ApartmentsOne Bedroom1BR,1BA$950
Park Village ApartmentsOne Bedroom1BR,1BA$972
Chateau Royale WestOne Bedroom 1 Bath1BR,1BA$975
Equinox at MidtownKnox - 1 Bed1 Bath1BR,1BA$985
Ridgeside Flats2 Bedroom / 1 Bath2BR,1BA$1,089

Best Value Apartments for Rent in Hemphill, TN

As of July 16, 2026 the best value apartment in the Hemphill area is the $1.26 price per square foot 3 Bedroom Model at The Firefly in the in the East Chattanooga neighborhood starting from $1,450. The second greatest value Hemphill apartment is the 2 Bedroom / 1 Bath Model at Ridgeside Flats starting at $1,089 with a $1.21 price per square foot in the East Lake neighborhood. Here is today’s list of the best values for Hemphill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Firefly3 Bedroom3BR,2BA$1.26
Ridgeside Flats2 Bedroom / 1 Bath2BR,1BA$1.21
Equinox at MidtownKnox-R1BR,1BA$1.61
2412 E 14th St, Unit 32412 E 14th St1BR,1BA$1.30
Park Village ApartmentsTwo Bedroom2BR,1BA$1.60
The Ridge ApartmentsTwo Bedroom2BR,1BA$1.63
The View at Mission RidgeOne Bedroom1BR,1BA$1.44
Chateau Royale WestOne Bedroom 1 Bath1BR,1BA$1.58
Spring Creek Gardens1 Bedroom 1 Bath Home with 611 Square Feet of L...1BR,1BA$1.51
108 Sherwood Ave, Unit Secluded and Convenient108 Sherwood Ave1BR,1BA$1.50

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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Frequently Asked Questions about Cheap Hemphill Apartments

How much is rent for a Cheap One Bedroom Hemphill Apartment?

The lowest price for a Cheap One Bedroom Hemphill Apartment is $889 at 404 Homes.

What is the lowest price for a Cheap Two Bedroom Hemphill Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Hemphill is starting from $1,075 at Chateau Royale West.

What is the most affordable Hemphill Three Bedroom Apartment?

The best deal on a cheap Hemphill 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

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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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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.