Cheap Apartments for Rent in the Lookout Mountain Neighborhood of Chattanooga, TN from $500 (28 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Lookout Mountain 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.

Read Article

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.

Read Article
close
View Me
St Elmo
Studio to 2 Bedroom Apartments

St Elmo

4625 Saint Elmo AveChattanooga, TN 37409
Senior Living
  • Utilities Included
close
View Me
Sergeant's Apartments
1 to 2 Bedroom Apartments

Sergeant's Apartments

710 Cherokee BlvdChattanooga, TN 37405
  • Utilities Included
close
View Me
Foundry Flats
Studio to 1 Bedroom Apartments

Foundry Flats

410 W 25th StChattanooga, TN 37408

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.

Read Article
close
View Me
Stone Ridge Park
1 to 3 Bedroom Apartments

Stone Ridge Park

1020 W 37th StChattanooga, TN 37410
close
View Me
The Stovall
1 to 2 Bedroom Apartments

The Stovall

1711 Commerce StChattanooga, TN 37405
Corporate Housing
  • Utilities Included

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.

Read Article
Showing Results 1-28, Page 1 of 1

Lookout Mountain, Chattanooga, TN Local Guide

Cheapest Available Lookout Mountain Apartments for Rent

 

The cheapest available apartment rental in the Lookout Mountain area of Chattanooga, TN is a 2 Beds unit found at The Reserve at Mountain Pass priced from $556. The Overlook Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $838. Here are the most affordable Lookout Mountain apartments for rent in Chattanooga, TN:

Apartment ListingModel NameBed/BathPriced From
The Reserve at Mountain Pass2 Bedroom Two Bathroom2BR,2BA$556
The Overlook ApartmentsStudioStudio,1BA$838
Foundry FlatsFront bedroom1BR,1BA$995
Ascent at Signal Mountain1 bed 1 bath1BR,1BA$1,048
Rise at Signal Mountain ApartmentsA21BR,1BA$1,057
Borough 33 ApartmentsAvalonStudio,1BA$1,209
Riverwalk at Cameron HarborThe Warner1BR,1BA$1,329
River CanyonOne Bed One Bath1BR,1BA$1,400
City Green ApartmentsRawling (A3)1BR,1BA$1,514
Hawthorne at the WThe Ashland1BR,1BA$1,524

Best Value Apartments for Rent in Lookout Mountain, TN

As of May 08, 2026 the best value apartment in the Lookout Mountain area is the $1.07 price per square foot The Maple Model at MAA Windridge in the in the Mountain Creek neighborhood starting from $1,538. The second greatest value Lookout Mountain apartment is the 2 Bedroom Two Bathroom Model at The Reserve at Mountain Pass starting at $556 with a $0.51 price per square foot in the East Lake neighborhood. Here is today’s list of the best values for Lookout Mountain apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
MAA WindridgeThe Maple2BR,2BA$1.07
The Reserve at Mountain Pass2 Bedroom Two Bathroom2BR,2BA$0.51
Hawthorne at the WThe Ashland1BR,1BA$1.69
Rise at Signal Mountain ApartmentsA21BR,1BA$1.33
River CanyonOne Bed One Bath1BR,1BA$1.79
City Green ApartmentsAnderson (A2)1BR,1BA$2.22
Ascent at Signal Mountain1 bed 1 bath1BR,1BA$1.61
Riverwalk at Cameron HarborThe Warner1BR,1BA$2.08
Foundry FlatsFront bedroom1BR,1BA$2.15
The Overlook ApartmentsStudioStudio ,1BA$1.86

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.

Read Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Lookout Mountain, Chattanooga, TN

Ranked #58

Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, areas, and rental properties across Tennessee, including Chattanooga. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, family-friendly amenities, 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 Lookout Mountain Apartments

What is a cheap apartment in Lookout Mountain?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lookout Mountain is under $1,524.

What is the price of a cheap apartment in Lookout Mountain?

The cheapest apartment in Lookout Mountain is The Overlook Apartments which is listed at $890, while the average apartment in Lookout Mountain costs $2,699.

What types of apartments are the cheapest in Lookout Mountain?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 6 regular apartments in Lookout Mountain that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Lookout Mountain?

Cheap apartments in Lookout Mountain have an average cost of $232 which is $2,467 cheaper than the average rent for all rentals in Lookout Mountain.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.