
Cheap Homes for Rent in Lookout Mountain Neighborhood of Chattanooga, TN from $700 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Lookout Mountain area of Chattanooga.


1700 Ashmore Ave, Unit b

900 Mountain Creek Rd
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.

1205 W 50th St

905 W 39th St, Unit Unit A

209 S Moss Ave
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

How much does it cost to rent a home in Lookout Mountain?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lookout Mountain 2 Bedroom Homes for Rent | $1,657 | $799 | $2,600 |
| Lookout Mountain 3 Bedroom Homes for Rent | $2,042 | $1,345 | $2,399 |
| Lookout Mountain 4 Bedroom Homes for Rent | $2,747 | $2,295 | $3,200 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Lookout Mountain Neighborhood of Chattanooga, TN.
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Lookout Mountain, Chattanooga, TN Local Guide
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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 $995. Here are the most affordable Lookout Mountain apartments for rent in Chattanooga, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Overlook Apartments | Studio | Studio,1BA | $838 |
| Foundry Flats | 1BR/1.0BA | 1BR,1BA | $995 |
| Ascent at Signal Mountain | 1 bed 1 bath | 1BR,1BA | $1,060 |
Best Value Apartments for Rent in Lookout Mountain, TN
As of April 12, 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 Azalea Model at MAA Windridge starting at $1,443 with a $1.38 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Reserve at Mountain Pass | 3 Bedroom Two Bathroom | 3BR,2BA | $1.50 |
| MAA Windridge | The Azalea | 1BR,1BA | $1.38 |
| 3915 Saint Elmo Ave, Unit 100 | 3915 Saint Elmo Ave | 1BR,1BA | $1.87 |
| River Canyon | Two Bed One Bath | 2BR,1BA | $1.95 |
| Hawthorne at the W | The Ashland | 1BR,1BA | $1.73 |
| Rise at Signal Mountain Apartments | A2 | 1BR,1BA | $1.40 |
| Foundry Flats | 1BR/1.0BA | 1BR,1BA | $1.43 |
| Ascent at Signal Mountain | 1 bed 1 bath | 1BR,1BA | $1.63 |
| Borough 33 Apartments | Bayside | 1BR,1BA | $2.08 |
| The Overlook Apartments | Studio | Studio ,1BA | $1.86 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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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Read ArticleQuick 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.
Pet Friendly LifestyleLookout Mountain, Chattanooga, TN
Ranked #57
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Lookout Mountain
What type of rentals are currently available in Lookout Mountain?
There are currently 58 Apartments for Rent in Lookout Mountain, TN with pricing that ranges from $825 to $2,699. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lookout Mountain ranging from $799 to $3,200.
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 $3,200 with an average monthly rent of $1,974.
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 $1,783 to $2,562, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,345 to $2,399. Four Bedroom Single-Family rentals are also available starting from $2,295 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

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.

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.

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.