Cheap Apartments for Rent in the Martin Luther King Neighborhood of Chattanooga, TN from $649 (54 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Martin Luther King area of Chattanooga.

Chattanooga's Best Affordable Neighborhoods

Learn about Chattanooga and the best places to live with original content written by our Local Expert Catrina Cowart

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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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property at 109 Scruggs St
$1,250 - $2,325
1 To 3 Bedroom Rentals
Available Now
Affordability

109 Scruggs St

ChattanoogaTN37403

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Mission at Main
Studio to 2 Bedroom Apartments

Mission at Main

26 E Main StChattanooga, TN 37408
  • Utilities Included
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320 High Street
1 Bedroom Apartments

320 High Street

320 High StChattanooga, TN 37403
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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611 Houston St
Studio to 3 Bedroom Apartments

611 Houston St

611 Houston StChattanooga, TN 37403
Student Housing
  • Utilities Included
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Marion
1 Bedroom Apartments

Marion

311 Lindsay StChattanooga, TN 37403
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Fortwood Apartments
Studio to 2 Bedroom Apartments

Fortwood Apartments

837 Fort Wood StChattanooga, TN 37403
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Lindsay 414
Studio to 2 Bedroom Apartments

Lindsay 414

414 Lindsay StChattanooga, TN 37403
Senior Living
  • Utilities Included
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Palmetto Place
1 to 2 Bedroom Apartments

Palmetto Place

910 E 8th StChattanooga, TN 37403
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Patten Towers
Studio to 2 Bedroom Apartments

Patten Towers

1 E 11th StChattanooga, TN 37402
Senior Living
  • Utilities Included

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.

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Showing Results 1-50, Page 1 of 2

Martin Luther King, Chattanooga, TN Local Guide

Cheapest Available Martin Luther King Apartments for Rent

 

The cheapest available apartment rental in the Martin Luther King area of Chattanooga, TN is a 1 Bed unit found at 821 Vine St priced from $775. Eight59 Flats - Downtown Chattanooga has the second lowest priced unit, which is a Studio apartment currently listed from $899. Here are the most affordable Martin Luther King apartments for rent in Chattanooga, TN:

Apartment ListingModel NameBed/BathPriced From
821 Vine StPrivate Bedroom1BR,1BA$775
Eight59 Flats - Downtown ChattanoogaStudio - 349 - Eight59Studio,1BA$899
Passenger FlatsStudio WestStudio,1BA$909
8th Street ApartmentsS1Studio,1BA$1,025
East Line Apartments - Live on Main StreetStudio1BR,1BA$1,105
The Fleetwood Building0BR/1.0BAStudio,1BA$1,117
Burnside1BR/1.0BA1BR,1BA$1,124
Flats at Southside GardensA11BR,1BA$1,175
Southside FlatsA1 - 1 Bedroom1BR,1BA$1,190
West 6th ApartmentsStudiosStudio,1BA$1,200

Best Value Apartments for Rent in Martin Luther King, TN

As of September 11, 2026 the best value apartment in the Martin Luther King area is the $1.74 price per square foot 2 Bedroom 2 Bathroom Model at Market City Center in the in the St. Elmo neighborhood starting from $1,975. The second greatest value Martin Luther King apartment is the 2 Bedroom 2 Bathroom Model at Ayrshire Building - 418 Mccallie Ave starting at $1,600 with a $1.45 price per square foot in the St. Elmo neighborhood. Here is today’s list of the best values for Martin Luther King apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Market City Center2 Bedroom 2 Bathroom2BR,2BA$1.74
Ayrshire Building - 418 Mccallie Ave2 Bedroom 2 Bathroom2BR,2BA$1.45
821 Vine StPrivate Bedroom1BR,1BA$0.78
Burnside1BR/1.0BA1BR,1BA$1.23
Southside FlatsA1 - 1 Bedroom1BR,1BA$1.43
Campus Walk2BR/2BA - B12BR,2BA$1.08
1613 S Highland Park AveSouth Highland Park Ave2BR,2BA$1.86
1400 Chestnut1C101BR,1BA$1.83
Flats at Southside GardensA1 - 21BR,1BA$1.81
17 BroadWalnut1BR,1BA$1.82

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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
Martin Luther King, Chattanooga, TN

Ranked #14

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, metropolitan areas, and rental properties across Tennessee, including Chattanooga. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, kid and pet-friendly communities, availability of transit options, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Martin Luther King Apartments

What is a cheap apartment in Martin Luther King?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Martin Luther King is under $1,200.

What is the price of a cheap apartment in Martin Luther King?

The cheapest apartment in Martin Luther King is 821 Vine St which is listed at $775, while the average apartment in Martin Luther King costs $1,540.

What types of apartments are the cheapest in Martin Luther King?

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 29 regular apartments in Martin Luther King 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 Martin Luther King?

Cheap apartments in Martin Luther King have an average cost of $1,367 which is $173 cheaper than the average rent for all rentals in Martin Luther King.

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

decorative image for Top Neighborhoods to Rent Near Major Colleges and Universities in Chattanooga, TN article

Top Neighborhoods to Rent Near Major Colleges and Universities in Chattanooga, TN

Written by: Catrina Cowart

Chattanooga is the home to many different universities, including the University of Tennessee at Chattanooga, Chattanooga State Community College, Southern Adventist University, Covenant College, and Richmont Graduate University.

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.