
Cheap Homes for Rent in Lake Hills Neighborhood of Chattanooga, TN from $900 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Hills area of Chattanooga.


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.

4125 Wilkesview Dr

5102 TN-58, Unit Unit 214
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.

7852 Opal Dr, Unit 104
Lake Hills, Chattanooga, TN Local Guide

How much does it cost to rent a home in Lake Hills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Hills 2 Bedroom Homes for Rent | $999 | $999 | $999 |
| Lake Hills 3 Bedroom Homes for Rent | $2,200 | $2,200 | $2,200 |
| Lake Hills 4 Bedroom Homes for Rent | $1,950 | $1,950 | $1,950 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 3 mile radius of the Lake Hills Neighborhood of Chattanooga, TN.
Explore Chattanooga
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 |
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 |
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

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.