
Cheap Apartments for Rent in the Lake Hills Neighborhood of Chattanooga, TN from $700 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Hills area of Chattanooga.


Lily Grace North

4032 Arbor Pl Ln

The Hills at Oakwood Apartment Homes

4125 Wilkesview Dr

4330 Wilson St

4159 Willard Dr
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.

Reserve At Lakeshore

Bridgeway Chattanooga Apartment Homes

Courts at Waterford

5102 TN-58, Unit Unit 214

Marina Pointe

Elements of Chattanooga

3982 Arbor Pl Ln
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.

Haven Cross Creek

Hunter's Point

Total Monthly Price
Siegel Select Chattanooga

Villas at Oak Crest

The Shoals at Chickamauga Lake

7852 Opal Dr, Unit 104

Forest Hill Villas Apartment Homes
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.

Anchor Point

Populus Waterside Apartments

Total Monthly Price
The Hudson

Silvertree Seniors Chattanooga Apartments

Campbell Ridge

Arbor Hill Apartments

Riverside Place
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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.

First Property Management

Laurel Ridge Apartments
Lake Hills, Chattanooga, TN Local Guide

How much does it cost to rent an apartment in Lake Hills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Hills Studio Apartments | $1,266 | $999 | $1,964 |
| Lake Hills 1 Bedroom Apartments | $1,364 | $850 | $2,392 |
| Lake Hills 2 Bedroom Apartments | $1,522 | $950 | $2,525 |
| Lake Hills 3 Bedroom Apartments | $1,967 | $1,441 | $3,147 |
Browse Apartments in this Neighborhood
There are currently 30 rentals with your search options within a 3 mile radius of the Lake Hills Neighborhood of Chattanooga, TN.
See all Apartments in ChattanoogaExplore Chattanooga
Lake Hills, Chattanooga, TN Local Guide
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Cheapest Available Lake Hills Apartments for Rent
 The cheapest available apartment rental in the Lake Hills area of Chattanooga, TN is a 1 Bed unit found at Lily Grace North priced from $850. The Beverly has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Lake Hills apartments for rent in Chattanooga, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lily Grace North | One Bedroom | 1BR,1BA | $850 |
| The Beverly | 1BR/1BA | 1BR,1BA | $850 |
| Reserve At Lakeshore | The Frazier | Studio,1BA | $999 |
| Courts at Waterford | 1x1 | 1BR,1BA | $1,018 |
| Bridgeway Chattanooga Apartment Homes | BlackBurn | 1BR,1BA | $1,025 |
| Marina Pointe | Constellation | 1BR,1BA | $1,063 |
| Elements of Chattanooga | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,065 |
| Laurel Ridge Apartments | Dogwood | 1BR,1BA | $1,099 |
| Haven Cross Creek | A1 | 1BR,1BA | $1,115 |
| Hunter's Point | Bristol-Renovated | Studio,1BA | $1,128 |
Best Value Apartments for Rent in Lake Hills, TN
As of April 18, 2026 the best value apartment in the Lake Hills area is the $1.24 price per square foot C1 Model at The Shoals at Chickamauga Lake in the in the East Chattanooga neighborhood starting from $1,949. The second greatest value Lake Hills apartment is the Windward Model at Marina Pointe starting at $1,303 with a $1.40 price per square foot in the East Chattanooga neighborhood. Here is today’s list of the best values for Lake Hills apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Shoals at Chickamauga Lake | C1 | 3BR,2BA | $1.24 |
| Marina Pointe | Windward | 1BR,1BA | $1.40 |
| Forest Hill Villas Apartment Homes | The Rossa I | 1BR,1BA | $1.53 |
| The Hills at Oakwood Apartment Homes | The Hickory TH 2 Bdrm - 840sf | 2BR,1.5BA | $1.35 |
| Anchor Point | Sternway | 2BR,2BA | $1.70 |
| Haven Cross Creek | A1 | 1BR,1BA | $1.50 |
| Villas at Oak Crest | Poplar | 1BR,1BA | $1.56 |
| Laurel Ridge Apartments | Dogwood | 1BR,1BA | $1.64 |
| Elements of Chattanooga | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.65 |
| The Beverly | 1BR/1BA | 1BR,1BA | $1.42 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleQuick 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.
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 the Cheapest Studio apartment in Lake Hills?
Currently the most affordable Cheap Studio Apartment in Lake Hills is at Reserve At Lakeshore listed at $999.
How much is rent for a Cheap One Bedroom Lake Hills Apartment?
The lowest price for a Cheap One Bedroom Lake Hills Apartment is $850 at Lily Grace North.
What is the lowest price for a Cheap Two Bedroom Lake Hills Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lake Hills is starting from $1,000 at The Beverly.
What is the most affordable Lake Hills Three Bedroom Apartment?
The best deal on a cheap Lake Hills Three Bedroom Apartment rental is at Elements of Chattanooga and starts from $1,599.
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

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.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.