Cheap Apartments for Rent in the Lookout Mountain Neighborhood of Chattanooga, TN from $600 (31 Rentals)

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

Chattanooga's Best Affordable Neighborhoods

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St Elmo
Studio to 2 Bedroom Apartments

St Elmo

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

Sergeant's Apartments

710 Cherokee BlvdChattanooga, TN 37405
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Foundry Flats
Studio to 1 Bedroom Apartments

Foundry Flats

410 W 25th StChattanooga, TN 37408
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Stone Ridge Park
1 to 3 Bedroom Apartments

Stone Ridge Park

1020 W 37th StChattanooga, TN 37410

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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property at 108 Halsey St

$1,395

3 Bedroom Rentals

Available Now

108 Halsey St

ChattanoogaTN37410
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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 1 Bed unit found at The Overlook Apartments priced from $890. Rise at Signal Mountain Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. Here are the most affordable Lookout Mountain apartments for rent in Chattanooga, TN:

Apartment ListingModel NameBed/BathPriced From
The Overlook Apartments1 Bedroom 1 Bathroom1BR,1BA$890
Rise at Signal Mountain ApartmentsA21BR,1BA$1,050
MAA WindridgeThe Azalea1BR,1BA$1,158
Borough 33 ApartmentsAddisonStudio,1BA$1,169
The Reserve at Mountain Pass2 Bedroom Two Bathroom2BR,2BA$1,211
City Green ApartmentsHetzler (A1)1BR,1BA$1,271
Riverwalk at Cameron HarborThe MocStudio,1BA$1,289
Ascent at Signal Mountain2 bed 2 bath2BR,2BA$1,293
River CanyonOne Bed One Bath1BR,1BA$1,400
Vista Cameron HarborHarper1BR,1BA$1,450

Best Value Apartments for Rent in Lookout Mountain, TN

As of August 08, 2026 the best value apartment in the Lookout Mountain area is the $1.12 price per square foot 2 Bedroom Two Bathroom Model at The Reserve at Mountain Pass in the in the East Lake neighborhood starting from $1,211. The second greatest value Lookout Mountain apartment is the The Azalea Model at MAA Windridge starting at $1,158 with a $1.11 price per square foot in the Mountain Creek 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.
The Reserve at Mountain Pass2 Bedroom Two Bathroom2BR,2BA$1.12
MAA WindridgeThe Azalea1BR,1BA$1.11
Ascent at Signal Mountain2 bed 2 bath2BR,2BA$1.29
Rise at Signal Mountain ApartmentsB12BR,2BA$1.50
River CanyonOne Bed One Bath1BR,1BA$1.79
Vista Cameron HarborHarper1BR,1BA$1.94
City Green ApartmentsHetzler (A1)1BR,1BA$2.27
Riverwalk at Cameron HarborThe MocStudio ,1BA$2.39
The Overlook Apartments1 Bedroom 1 Bathroom1BR,1BA$1.72
Borough 33 ApartmentsAddisonStudio ,1BA$2.47

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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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.

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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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Pet Friendly Lifestyle
Lookout Mountain, Chattanooga, TN

Ranked #59

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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 $1,450.

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 $1,444.

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 1 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 $193 which is $1,251 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

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Top Neighborhoods to Rent Near Major Colleges and Universities in Chattanooga, TN

Written by: Catrina Cowart

Chattanooga is the home to many different universities, including the University of Tennessee at Chattanooga, Chattanooga State Community College, Southern Adventist University, Covenant College, and Richmont Graduate University.

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.