Cheap Homes for Rent in Chattanooga, TN from $500 (143 Rentals)

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

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Chattanooga, TN Local Guide

Cheapest Neighborhoods for Apartments in Chattanooga, TN

Pricing Updated: 09/12/2025

Current apartment rentals in the Chattanooga, TN area range in price from $649 to $5,925 with an overall median price of $3,159. The three Chattanooga neighborhoods with the lowest median rent pricing are Outer Red Bank at $800, Galaxy Heights at $940, and The Old Towne at $930. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Chattanooga Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Outer Red Bank$1,525$80088
Galaxy Heights$1,550$94023
The Old Towne$1,592$93061
East Ridge$1,699$700109
North Shore$1,732$665429
Kings Point Lake Vista$1,856$67573
Lupton City Norcross$1,856$80055
Northgate Big Ridge$1,856$95588
Yorktown$1,871$899286
Westview Mountain Shadows$1,886$1,025185

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. The View at Mission Ridge in the East Lake neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here is today’s list of the most affordable Chattanooga apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lily Grace NorthStudioStudio,1BA$675
The View at Mission RidgeStudioStudio,1BA$700
The Winn at 950StudioStudio,1BA$775
River Hills FlatsThe Creekside FlatStudio,1BA$799
City View ApartmentsCypress2BR,1BA$820
Gateway at Rossville1bds1BR,1BA$829
The Villages at Fort Town ApartmentsVillage Efficieny1BR,1BA$834
The Overlook ApartmentsStudioStudio,1BA$838
Spring Hill Apartments1 Bedroom 1 Bath Apartment with 600 Square Feet...1BR,1BA$875
Passenger FlatsStudio EasternStudio,1BA$895

Best Value Apartments for Rent in Chattanooga, TN

As of September 12, 2025 the best value apartment in the Chattanooga area is the $0.89 price per square foot 2BR/4BA - B3 Model at Douglas Heights in the in the St. Elmo neighborhood starting from $1,200. The second greatest value Chattanooga apartment is the 2 Bed/ 1.5 Bath Renovated Model at Fountain Brook starting at $1,325 with a $1.02 price per square foot in the Cedar Hill 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.
Douglas Heights2BR/4BA - B32BR,4BA$0.89
Fountain Brook2 Bed/ 1.5 Bath Renovated2BR,1.5BA$1.02
Glen Ridge Townhomes2 bed 1.5 bath2BR,1.5BA$1.00
The Reserve at Mountain Pass3 Bedroom Two Bathroom3BR,2BA$1.00
Trails of Signal MountainMckenzie2BR,1.5BA$1.00
Elements44The Ruthenium2BR,1.5BA$1.04
Arbors at Signal MountainTwo Bedroom2BR,2BA$0.95
Cedarbrooke Apartments2 Bed 1.5 Bath2BR,1.5BA$0.97
City View ApartmentsCypress2BR,1BA$0.84
Gateway at Rossville2bds2BR,2BA$1.01

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

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Chattanooga, TN Area Reviews

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Catrina • 1+ 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 696 Apartments for Rent in Chattanooga, TN with pricing that ranges from $649 to $15,000. There are also 420 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chattanooga ranging from $500 to $3,995.

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 $500 to $3,995 with an average monthly rent of $2,139.

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 $745 to $5,925, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $3,900. Four Bedroom Single-Family rentals are also available starting from $1,375 and Four Bedroom Apartments start at $665.

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 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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.