Cheap Apartments for Rent in the Lookout Mountain Neighborhood of Chattanooga, TN from $500 (16 Rentals)

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

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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
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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

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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 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 Flats1BR/1.0BA1BR,1BA$995
Ascent at Signal Mountain1 bed 1 bath1BR,1BA$1,064
Borough 33 ApartmentsBarrington1BR,1BA$1,109

Best Value Apartments for Rent in Lookout Mountain, TN

As of March 24, 2026 the best value apartment in the Lookout Mountain area is the $1.13 price per square foot The Maple Model at MAA Windridge in the in the Mountain Creek neighborhood starting from $1,633. The second greatest value Lookout Mountain apartment is the 3 Bedroom Two Bathroom Model at The Reserve at Mountain Pass starting at $1,393 with a $1.11 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$1.13
The Reserve at Mountain Pass3 Bedroom Two Bathroom3BR,2BA$1.11
Vista Cameron HarborSavannah2BR,2BA$1.74
River CanyonTwo Bed One Bath2BR,1BA$1.80
Hawthorne at the WThe Ashland1BR,1BA$1.66
Rise at Signal Mountain ApartmentsA21BR,1BA$1.47
Foundry Flats1BR/1.0BA1BR,1BA$1.43
Ascent at Signal Mountain1 bed 1 bath1BR,1BA$1.64
Borough 33 ApartmentsAvalonStudio ,1BA$2.03
The Overlook ApartmentsStudioStudio ,1BA$1.86

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Quick Rent Budget Calculator

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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 #57

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

Pet Friendliness Lifestyle Score

3.0
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 $1,633.

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 3 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 $353 which is $2,346 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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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.

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

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Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

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Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.