Cheap Homes for Rent in Lookout Mountain Neighborhood of Chattanooga, TN from $700 (6 Rentals)

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Search the lowest-cost Homes 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.

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

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.

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
Rise at Signal Mountain ApartmentsA21BR,1BA$1,101

Best Value Apartments for Rent in Lookout Mountain, TN

As of May 28, 2026 the best value apartment in the Lookout Mountain area is the $1.50 price per square foot 3 Bedroom Two Bathroom Model at The Reserve at Mountain Pass in the in the East Lake neighborhood starting from $1,890. The second greatest value Lookout Mountain apartment is the The Signal Model at Hawthorne at the W starting at $1,670 with a $1.39 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 Pass3 Bedroom Two Bathroom3BR,2BA$1.50
Hawthorne at the WThe Signal2BR,2BA$1.39
5008 Alabama Ave, Unit 5008 Alabama5008 Alabama Ave1BR,1BA$1.58
Rise at Signal Mountain ApartmentsA21BR,1BA$1.39
River CanyonOne Bed One Bath1BR,1BA$1.79
Riverwalk at Cameron HarborThe Hunter1BR,1BA$2.00
Ascent at Signal Mountain1 bed 1 bath1BR,1BA$1.74
Borough 33 ApartmentsAddisonStudio ,2BA$2.64
Foundry FlatsFront bedroom1BR,1BA$2.11
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 #59

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Lookout Mountain

What type of rentals are currently available in Lookout Mountain?

There are currently 53 Apartments for Rent in Lookout Mountain, TN with pricing that ranges from $838 to $2,699. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lookout Mountain ranging from $799 to $3,750.

What is the current price range for Rental Homes in Lookout Mountain?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lookout Mountain ranges from $799 to $3,750 with an average monthly rent of $1,891.

How much are larger Three and Four Bedroom Rentals in Lookout Mountain?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lookout Mountain range from $1,850 to $2,589, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $2,300. Four Bedroom Single-Family rentals are also available starting from $2,195 and Four Bedroom Apartments start at $2,699.

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.

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.

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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.