
Cheap Apartments for Rent in the Lookout Valley Neighborhood of Chattanooga, TN from $600 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lookout Valley area of Chattanooga.


Borough 33 Apartments

City Green Apartments

Vista Cameron Harbor

MAA Windridge

The Reserve at Mountain Pass
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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.

Lookout View Townhomes

Village at Cameron Harbor

The Overlook Apartments

2531 Cummings Hwy

2501 & 2531 Cummings Hwy

303 Kellys Ferry Rd
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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.

1046 Shingle Rd

The Stovall

St Elmo

Foundry Flats

Stone Ridge Park

Hayden Place
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Lookout Valley, Chattanooga, TN Local Guide

How much does it cost to rent an apartment in Lookout Valley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lookout Valley Studio Apartments | $1,281 | $838 | $1,454 |
| Lookout Valley 1 Bedroom Apartments | $1,458 | $890 | $1,768 |
| Lookout Valley 2 Bedroom Apartments | $1,832 | $1,060 | $2,304 |
| Lookout Valley 3 Bedroom Apartments | $2,257 | $1,890 | $2,574 |
| Lookout Valley 4 Bedroom Apartments | $2,699 | $2,699 | $2,699 |
Browse Apartments in this Neighborhood
There are currently 18 rentals with your search options within a 4 mile radius of the Lookout Valley Neighborhood of Chattanooga, TN.
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Lookout Valley, Chattanooga, TN Local Guide
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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 $975. Here are the most affordable Lookout Valley apartments for rent in Chattanooga, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Overlook Apartments | Studio | Studio,1BA | $838 |
| Foundry Flats | Front bedroom | 1BR,1BA | $975 |
| Borough 33 Apartments | Addison | Studio,1BA | $1,109 |
| MAA Windridge | The Azalea | 1BR,1BA | $1,203 |
| City Green Apartments | Anderson (A2) | 1BR,1BA | $1,393 |
Best Value Apartments for Rent in Lookout Valley, TN
As of June 22, 2026 the best value apartment in the Lookout Valley 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 Valley apartment is the The Azalea Model at MAA Windridge starting at $1,228 with a $1.18 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 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 | $1.18 |
| Vista Cameron Harbor | Savannah | 2BR,2BA | $1.74 |
| Borough 33 Apartments | Brenton | 1BR,1BA | $2.41 |
| City Green Apartments | Hetzler (A1) | 1BR,1BA | $2.56 |
| Foundry Flats | Front bedroom | 1BR,1BA | $2.12 |
| The Overlook Apartments | Studio | Studio ,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.
Read ArticleReal 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.
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 Valley, Chattanooga, TN
Ranked #65
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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 $1,890.
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 $2,699.
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 2 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 $420 which is $2,279 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

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.