Cheap Apartments for Rent in the Lake Hills Neighborhood of Chattanooga, TN from $700 (30 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.

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.

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 Hudson
Rent Specials
$1,599 - $2,542
Total Monthly Price

Total Monthly Price

Base Rent
$1,599 - $2,542

Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

The Hudson

6168 Foxboro DrChattanooga, TN 37421
Corporate Housing
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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

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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Laurel Ridge Apartments
1 to 2 Bedroom Apartments

Laurel Ridge Apartments

4715 Bonny Oaks DrChattanooga, TN 37416
Corporate Housing

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 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 ListingModel NameBed/BathPriced From
Lily Grace NorthOne Bedroom1BR,1BA$850
The Beverly1BR/1BA1BR,1BA$850
Reserve At LakeshoreThe FrazierStudio,1BA$999
Courts at Waterford1x11BR,1BA$1,018
Bridgeway Chattanooga Apartment HomesBlackBurn1BR,1BA$1,025
Marina PointeConstellation1BR,1BA$1,063
Elements of Chattanooga1 Bedroom, 1 Bathroom1BR,1BA$1,065
Laurel Ridge ApartmentsDogwood1BR,1BA$1,099
Haven Cross CreekA11BR,1BA$1,115
Hunter's PointBristol-RenovatedStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Shoals at Chickamauga LakeC13BR,2BA$1.24
Marina PointeWindward1BR,1BA$1.40
Forest Hill Villas Apartment HomesThe Rossa I1BR,1BA$1.53
The Hills at Oakwood Apartment HomesThe Hickory TH 2 Bdrm - 840sf2BR,1.5BA$1.35
Anchor PointSternway2BR,2BA$1.70
Haven Cross CreekA11BR,1BA$1.50
Villas at Oak CrestPoplar1BR,1BA$1.56
Laurel Ridge ApartmentsDogwood1BR,1BA$1.64
Elements of Chattanooga1 Bedroom, 1 Bathroom1BR,1BA$1.65
The Beverly1BR/1BA1BR,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.

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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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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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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 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

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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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.

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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.

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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.