Cheap Apartments for Rent in the Lookout Mountain Neighborhood of Chattanooga, TN from $600 (24 Rentals)

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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.

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St Elmo
Studio to 2 Bedroom Apartments

St Elmo

4625 Saint Elmo AveChattanooga, TN 37409
Senior Living
  • Utilities Included

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.

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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
property at 258 Burnt Mill Rd

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

2 Bedroom, 1 Bath Home for Rent

Available Jul 1

258 Burnt Mill Rd

FlintstoneGA30725

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.

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Showing Results 1-24, 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 Studio unit found at The Overlook Apartments priced from $838. Foundry Flats has the second lowest priced unit, which is a 1 Bed apartment currently listed from $975. Here are the most affordable Lookout Mountain apartments for rent in Chattanooga, TN:

Apartment ListingModel NameBed/BathPriced From
The Overlook ApartmentsStudioStudio,1BA$838
Foundry FlatsFront bedroom1BR,1BA$975
Borough 33 ApartmentsAddisonStudio,1BA$1,109
Rise at Signal Mountain ApartmentsA21BR,1BA$1,141
MAA WindridgeThe Azalea1BR,1BA$1,228

Best Value Apartments for Rent in Lookout Mountain, TN

As of June 22, 2026 the best value apartment in the Lookout Mountain area is the $1.37 price per square foot The Coolidge Model at Hawthorne at the W in the in the Mountain Creek neighborhood starting from $1,739. The second greatest value Lookout Mountain apartment is the 3 Bedroom Two Bathroom Model at The Reserve at Mountain Pass starting at $1,890 with a $1.50 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.
Hawthorne at the WThe Coolidge2BR,2BA$1.37
The Reserve at Mountain Pass3 Bedroom Two Bathroom3BR,2BA$1.50
Ascent at Signal Mountain2 bed 1.5 bath Townhome2BR,1.5BA$1.30
MAA WindridgeThe Azalea1BR,1BA$1.18
Vista Cameron HarborSavannah2BR,2BA$1.74
River CanyonTwo Bed One Bath2BR,1BA$1.80
Rise at Signal Mountain ApartmentsA11BR,1BA$1.59
Borough 33 ApartmentsBrenton1BR,1BA$2.41
Foundry FlatsFront bedroom1BR,1BA$2.12
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.

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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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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.

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Pet Friendly Lifestyle
Lookout Mountain, Chattanooga, TN

Ranked #56

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 $1,799.

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 2 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 $236 which is $2,463 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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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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.

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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.