Cheap Apartments for Rent in the Lookout Mountain Neighborhood of Chattanooga, TN from $600 (15 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
1 Bedroom Apartments

St Elmo

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

Sergeant's Apartments

710 Cherokee BlvdChattanooga, TN 37405
  • Utilities Included

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Stone Ridge Park
3 Bedroom Apartments

Stone Ridge Park

1020 W 37th StChattanooga, TN 37410

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 $951. Foundry Flats has the second lowest priced unit, which is a Studio apartment currently listed from $995. Here are the most affordable Lookout Mountain apartments for rent in Chattanooga, TN:

Apartment ListingModel NameBed/BathPriced From
The Overlook ApartmentsStudioStudio,1BA$951
Foundry Flats0BR/1.0BAStudio,1BA$995
Rise at Signal Mountain ApartmentsA21BR,1BA$1,018
Ascent at Signal Mountain1 bed 1 bath1BR,1BA$1,099
Borough 33 ApartmentsAmbridgeStudio,1BA$1,189

Best Value Apartments for Rent in Lookout Mountain, TN

As of July 31, 2025 the best value apartment in the Lookout Mountain area is the $1.94 price per square foot 3915 Saint Elmo Ave Model at 3915 Saint Elmo Ave, Unit 100 in the in the St. Elmo neighborhood starting from $2,000. The second greatest value Lookout Mountain apartment is the B1 Model at Rise at Signal Mountain Apartments starting at $1,477 with a $1.57 price per square foot in the Spring Valley 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.
3915 Saint Elmo Ave, Unit 1003915 Saint Elmo Ave1BR,1BA$1.94
Rise at Signal Mountain ApartmentsB12BR,2BA$1.57
Hawthorne at the WThe Frazier1BR,1BA$1.80
Borough 33 ApartmentsBlakely1BR,1BA$2.19
Ascent at Signal Mountain1 bed 1 bath1BR,1BA$1.69
Vista Cameron HarborSawyer1BR,1BA$2.19
City Green ApartmentsHetzler (A1)1BR,1BA$2.32
Riverwalk at Cameron HarborThe MocStudio ,1BA$2.47
Foundry Flats0BR/1.0BAStudio ,1BA$2.13
The Overlook ApartmentsStudioStudio ,1BA$2.11

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Pet Friendly Lifestyle
Lookout Mountain, Chattanooga, TN

Ranked #63

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 $1,588.

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 $1,006, while the average apartment in Lookout Mountain costs $2,269.

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.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.