Cheap Apartments for Rent in the Lookout Valley Neighborhood of Chattanooga, TN from $600 (6 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lookout Valley 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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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

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Cheapest Available Lookout Valley Apartments for Rent

 

The cheapest available apartment rental in the Lookout Valley 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 Valley apartments for rent in Chattanooga, TN:

Apartment ListingModel NameBed/BathPriced From
The Overlook ApartmentsStudioStudio,1BA$838
Foundry Flats1BR/1.0BA1BR,1BA$995
Borough 33 ApartmentsAddisonStudio,2BA$1,049

Best Value Apartments for Rent in Lookout Valley, TN

As of January 27, 2026 the best value apartment in the Lookout Valley area is the $1.11 price per square foot 2 Bedroom Two Bathroom Model at The Reserve at Mountain Pass in the in the East Lake neighborhood starting from $1,201. The second greatest value Lookout Valley apartment is the The Azalea Model at MAA Windridge starting at $1,388 with a $1.33 price per square foot in the Mountain Creek neighborhood. Here is today’s list of the best values for Lookout Valley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Reserve at Mountain Pass2 Bedroom Two Bathroom2BR,2BA$1.11
MAA WindridgeThe Azalea1BR,1BA$1.33
City Green ApartmentsAnderson (A2)1BR,1BA$1.98
Riverwalk at Cameron HarborThe Hunter1BR,1BA$2.25
Foundry Flats1BR/1.0BA1BR,1BA$1.43
Vista Cameron HarborSawyer1BR,1BA$2.08
Borough 33 ApartmentsAddisonStudio ,2BA$2.22
The Overlook ApartmentsStudioStudio ,1BA$1.86

Frequently Asked Questions about Cheap Lookout Valley Apartments

What is a cheap apartment in Lookout Valley?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lookout Valley is under $1,399.

What is the price of a cheap apartment in Lookout Valley?

The cheapest apartment in Lookout Valley is The Overlook Apartments which is listed at $890, while the average apartment in Lookout Valley costs $1,901.

What types of apartments are the cheapest in Lookout Valley?

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 6 regular apartments in Lookout Valley 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 Valley?

Cheap apartments in Lookout Valley have an average cost of $189 which is $1,712 cheaper than the average rent for all rentals in Lookout Valley.

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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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.

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

Written by: Bob Mallory

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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.