Cheap Apartments for Rent in the Lake Hills Neighborhood of Chattanooga, TN from $600 (32 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lake Hills 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.

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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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The Hudson
Rent Specials
$1,611 - $2,496
Total Monthly Price

Total Monthly Price

Base Rent
$1,611 - $2,496
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

The Hudson

6168 Foxboro DrChattanooga, TN 37421
Student Housing
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  • 3D Tour

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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Campbell Ridge
1 to 3 Bedroom Apartments

Campbell Ridge

3401 Campbell StChattanooga, TN 37406
  • Utilities Included
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Arbor Hill Apartments
1 to 2 Bedroom Apartments

Arbor Hill Apartments

5305-5315 Highway 58Chattanooga, TN 37416
  • Utilities Included
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Riverside Place
2 to 3 Bedroom Apartments

Riverside Place

5121 Hulk LnChattanooga, TN 37416
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Laurel Ridge Apartments
1 to 2 Bedroom Apartments

Laurel Ridge Apartments

4715 Bonny Oaks DrChattanooga, TN 37416
Corporate Housing

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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Showing Results 1-32, Page 1 of 1

Lake Hills, Chattanooga, TN Local Guide

Cheapest Available Lake Hills Apartments for Rent

 

The cheapest available apartment rental in the Lake Hills area of Chattanooga, TN is a Studio unit found at Lily Grace North priced from $699. Bridgeway Chattanooga Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $975. Here are the most affordable Lake Hills apartments for rent in Chattanooga, TN:

Apartment ListingModel NameBed/BathPriced From
Lily Grace NorthStudioStudio,1BA$699
Bridgeway Chattanooga Apartment HomesBlackBurn1BR,1BA$975
Reserve At LakeshoreThe FrazierStudio,1BA$999
Courts at Waterford1x11BR,1BA$1,010
Laurel Ridge ApartmentsMaple1BR,1BA$1,077
Villas at Oak CrestCottonwood1BR,1BA$1,112
Hunter's PointBristol-RenovatedStudio,1BA$1,128
Siegel Select ChattanoogaStudioStudio,1BA$1,139
Marina PointeConstellation1BR,1BA$1,150
Haven Cross CreekA21BR,1BA$1,190

Best Value Apartments for Rent in Lake Hills, TN

As of July 17, 2026 the best value apartment in the Lake Hills area is the $1.38 price per square foot Eberly Model at The Collection Wiltshire in the in the Marimont neighborhood starting from $1,899. The second greatest value Lake Hills apartment is the C1-3 x 2.5 Magnolia Model at Hills at Oakwood starting at $1,465 with a $1.36 price per square foot in the Tyner neighborhood. Here is today’s list of the best values for Lake Hills apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Collection WiltshireEberly3BR,2.5BA$1.38
Hills at OakwoodC1-3 x 2.5 Magnolia3BR,2.5BA$1.36
The Shoals at Chickamauga LakeA21BR,1BA$1.42
Forest Hill Villas Apartment HomesThe Rossa I1BR,1BA$1.49
Marina PointeConstellation1BR,1BA$1.49
Haven Cross CreekA11BR,1BA$1.53
Villas at Oak CrestPoplar1BR,1BA$1.59
Laurel Ridge ApartmentsDogwood1BR,1BA$1.69
Courts at Waterford1x11BR,1BA$1.70
Bridgeway Chattanooga Apartment HomesBlackBurn1BR,1BA$1.75

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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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, cities and towns, and rental properties across Tennessee and customized analysis for Chattanooga, Tennessee. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and the best proximity to parks and outdoor amenities, apartment complexes for the kids, raising pets, transit options, and more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Lake Hills Apartments

What is a cheap apartment in Lake Hills?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lake Hills is under $1,190.

What is the price of a cheap apartment in Lake Hills?

The cheapest apartment in Lake Hills is Bridgeway Chattanooga Apartment Homes which is listed at $975, while the average apartment in Lake Hills costs $1,988.

What types of apartments are the cheapest in Lake Hills?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 39 regular apartments in Lake Hills that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Lake Hills?

Cheap apartments in Lake Hills have an average cost of $350 which is $1,638 cheaper than the average rent for all rentals in Lake Hills.

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.