Cheap Homes for Rent in Chattanooga, TN from $700 (150 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in Chattanooga.

property at 5305 TN-58

5305 TN-58

ChattanoogaTN37416
property at 7011 Tyner Rd

7011 Tyner Rd

ChattanoogaTN37421
property at 2609 14th Ave

2609 14th Ave

ChattanoogaTN37407
property at 713 Lupton Dr

713 Lupton Dr

ChattanoogaTN37415
property at 715 Lupton Dr

715 Lupton Dr

ChattanoogaTN37415
property at 103 Hunt Ave

103 Hunt Ave

ChattanoogaTN37411

Chattanooga, TN Local Guide

Cheapest Neighborhoods for Apartments in Chattanooga, TN

Pricing Updated: 11/02/2025

Current apartment rentals in the Chattanooga, TN area range in price from $649 to $5,128 with an overall median price of $2,795. The three Chattanooga neighborhoods with the lowest median rent pricing are Walden at $1,300, Galaxy Heights at $970, and Outer Red Bank at $875. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Chattanooga Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Walden$1,300$1,3001
Galaxy Heights$1,450$9709
Outer Red Bank$1,582$87580
Rossville$1,600$649129
North Shore$1,605$649418
Cherokee Woods$1,625$67550
The Old Towne$1,696$95056
East Ridge$1,699$70089
Tyner Greenwood$1,760$649356
City Center$1,774$64997

Cheapest Available Chattanooga Apartments for Rent

 

The cheapest available apartment rental in Chattanooga, TN is a Studio unit found at Lily Grace North in the East Chattanooga neighborhood priced from $675. River Hills Flats in the East Chattanooga neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here is today’s list of the most affordable Chattanooga apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lily Grace NorthStudioStudio,1BA$675
River Hills FlatsThe Creekside FlatStudio,1BA$699
The View at Mission RidgeStudioStudio,1BA$700
821 Vine StPrivate Bedroom2BR,1BA$700
GoodHomes ChattanoogaLIMITED AVAILABILITY! ENJOY 6 WEEKS FREE RENT! ...Studio,1BA$745
City View ApartmentsMagnolia1BR,1BA$748
The Winn at 950StudioStudio,1BA$775
The Flats at LakeshoreStudioStudio,1BA$810
MAA HamiltonThe RoseStudio,1BA$818
The Overlook ApartmentsStudioStudio,1BA$838

Best Value Apartments for Rent in Chattanooga, TN

As of November 02, 2025 the best value apartment in the Chattanooga area is the $1.13 price per square foot 1319 Stratton Place Dr Model at 1319 Stratton Place Dr, Unit A in the in the Marimont neighborhood starting from $1,690. The second greatest value Chattanooga apartment is the 2 Bed 2.5 Bath Model at Glen Ridge Townhomes starting at $1,500 with a $1.11 price per square foot in the Marimont neighborhood. Here is today’s list of the best values for Chattanooga apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1319 Stratton Place Dr, Unit A1319 Stratton Place Dr3BR,2.5BA$1.13
Glen Ridge Townhomes2 Bed 2.5 Bath2BR,2.5BA$1.11
The Cove at Cloud Springs Apartment Homes4 Bedroom4BR,2BA$1.04
Douglas Heights3BR/3BA - C13BR,3BA$0.60
Elements44The Ruthenium2BR,1.5BA$1.04
Chateau Royale Apartments1 Beds, 1 Baths1BR,1BA$1.03
Riverside North Apartment Homes2x12BR,1BA$1.05
Cedarbrooke Apartments2 Bed 1.5 Bath2BR,1.5BA$1.06
7732 Nautical Way7732 Nautical Way2BR,1BA$1.05
City View ApartmentsMagnolia1BR,1BA$1.09

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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Chattanooga, TN Rentals by Map

View Map
Chattanooga, TN Apartments Map
View Map
Chattanooga, TN Rental Homes Map

Chattanooga, TN Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

Catrina1+ years in Chattanooga

March 3, 2025

Chattanooga is fantastic for people like me who love to be on the water. The Tenneessee River is just wonderful, and the communities around it are both well-connected and well-maintained.

Frequently Asked Questions about Chattanooga

What type of rentals are currently available in Chattanooga?

There are currently 680 Apartments for Rent in Chattanooga, TN with pricing that ranges from $649 to $5,068. There are also 461 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chattanooga ranging from $725 to $12,000.

What is the current price range for Rental Homes in Chattanooga?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Chattanooga ranges from $725 to $12,000 with an average monthly rent of $2,078.

How much are larger Three and Four Bedroom Rentals in Chattanooga?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Chattanooga range from $709 to $4,570, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,115 to $3,700. Four Bedroom Single-Family rentals are also available starting from $1,150 and Four Bedroom Apartments start at $649.

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.

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 Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.