Cheap Homes for Rent in Lake Hills Neighborhood of Chattanooga, TN from $900 (5 Rentals)

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Search the lowest-cost Homes 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.

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

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

Frequently Asked Questions about Lake Hills

What type of rentals are currently available in Lake Hills?

There are currently 45 Apartments for Rent in Lake Hills, TN with pricing that ranges from $850 to $6,389. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Hills ranging from $999 to $2,200.

What is the current price range for Rental Homes in Lake Hills?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Hills ranges from $999 to $2,200 with an average monthly rent of $1,549.

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.