
Cheap Homes for Rent in Lake Hills Neighborhood of Chattanooga, TN from $900 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Hills area of Chattanooga.


8831 Millard Lee Ln
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.

4330 Wilson St

4711 Murray Lake 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.
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 | $1,088 | $975 | $1,290 |
| Lake Hills 3 Bedroom Homes for Rent | $2,016 | $1,925 | $2,200 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 3 mile radius of the Lake Hills Neighborhood of Chattanooga, TN.
Explore Chattanooga
Best Value Apartments for Rent in Lake Hills, TN
As of June 18, 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 2 Bed 2 Bath Model at Lily Grace North starting at $1,199 with a $1.29 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 Collection Wiltshire | Eberly | 3BR,2.5BA | $1.38 |
| Lily Grace North | 2 Bed 2 Bath | 2BR,2BA | $1.29 |
| The Shoals at Chickamauga Lake | A2 | 1BR,1BA | $1.46 |
| Forest Hill Villas Apartment Homes | The Rossa I | 1BR,1BA | $1.67 |
| Haven Cross Creek | A2 | 1BR,1BA | $1.64 |
| Villas at Oak Crest | Cottonwood | 1BR,1BA | $1.52 |
| Elements of Chattanooga | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.54 |
| Hills at Oakwood | A1-1 x 1.5 Cedar | 1BR,1.5BA | $1.54 |
| The Beverly Apartments | A1 | 1BR,1BA | $1.33 |
| Courts at Waterford | 1x1 | 1BR,1BA | $1.50 |
Frequently Asked Questions about Lake Hills
What type of rentals are currently available in Lake Hills?
There are currently 46 Apartments for Rent in Lake Hills, TN with pricing that ranges from $699 to $2,496. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Hills ranging from $975 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 $975 to $2,200 with an average monthly rent of $1,552.
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.

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.