Cheap Apartments for Rent in the Lookout Valley Neighborhood of Chattanooga, TN from $600 (16 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lookout Valley area of Chattanooga.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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The Stovall
1 to 2 Bedroom Apartments

The Stovall

1711 Commerce StChattanooga, TN 37405
  • Utilities Included
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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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Stone Ridge Park
3 Bedroom Apartments

Stone Ridge Park

1020 W 37th StChattanooga, TN 37410
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Hayden Place
1 to 3 Bedroom Apartments

Hayden Place

296-298 Acorn Oaks CirChattanooga, TN 37405
  • Utilities Included
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2531 Cummings Hwy
1 to 2 Bedroom Apartments

2531 Cummings Hwy

2531 Cummings HwyChattanooga, TN 37419

Lookout Valley, Chattanooga, TN Local Guide

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 $915. Foundry Flats has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Lookout Valley apartments for rent in Chattanooga, TN:

Apartment ListingModel NameBed/BathPriced From
The Overlook ApartmentsStudioStudio,1BA$915
Foundry Flats1BR/1.0BA1BR,1BA$950
Borough 33 ApartmentsAddisonStudio,1BA$1,049
City Green ApartmentsHetzler (A1)1BR,1BA$1,292
Riverwalk at Cameron HarborThe MocStudio,1BA$1,299

Best Value Apartments for Rent in Lookout Valley, TN

As of June 26, 2025 the best value apartment in the Lookout Valley area is the $1.16 price per square foot The Oak Model at MAA Windridge in the in the Mountain Creek neighborhood starting from $1,998. The second greatest value Lookout Valley apartment is the 3915 Saint Elmo Ave Model at 3915 Saint Elmo Ave, Unit 100 starting at $2,000 with a $1.94 price per square foot in the St. Elmo 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.
MAA WindridgeThe Oak3BR,2BA$1.16
3915 Saint Elmo Ave, Unit 1003915 Saint Elmo Ave1BR,1BA$1.94
Riverwalk at Cameron HarborThe Hunter1BR,1BA$2.18
Vista Cameron HarborSawyer1BR,1BA$2.19
City Green ApartmentsHetzler (A1)1BR,1BA$2.31
Borough 33 ApartmentsAddisonStudio ,1BA$2.22
Foundry Flats0BR/1.0BAStudio ,1BA$2.03
The Overlook ApartmentsStudioStudio ,1BA$2.11

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Pet Friendly Lifestyle
Lookout Valley, Chattanooga, TN

Ranked #80

Among neighborhoods in Chattanooga, TN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Getting Around the Lookout Valley Neighborhood in Chattanooga, TN

Walk Score®

28 / 100

Car-Dependent

Most errands require a car

Bike Score®

22 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 $1,543.

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

The cheapest apartment in Lookout Valley is Foundry Flats which is listed at $950, while the average apartment in Lookout Valley costs $2,599.

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 3 regular apartments in Lookout Valley 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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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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.