Cheap Apartments for Rent in the Martin Luther King Neighborhood of Chattanooga, TN from $600 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in the Martin Luther King area of Chattanooga.

Fort Wood Apartments

Eight59 Flats - Downtown Chattanooga

45 Scruggs St

Ayrshire Building - 418 Mccallie Ave

Lindsay 414
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Burnside

The Fleetwood Building

East Line Apartments - Live on Main Street...

17 Broad

Walnut Commons

1713 E Main St, Unit Basement Apartment
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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The Maclellan

The Hardwick

Southside Flats

Tomorrow Building at Patten Parkway

621 E M L King Blvd
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1132 Pierce St
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Martin Luther King, Chattanooga, TN Local Guide

How much does it cost to rent an apartment in Martin Luther King?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Martin Luther King Studio Apartments | $1,205 | $899 | $1,449 |
| Martin Luther King 1 Bedroom Apartments | $1,365 | $915 | $1,950 |
| Martin Luther King 2 Bedroom Apartments | $1,777 | $775 | $3,095 |
| Martin Luther King 3 Bedroom Apartments | $2,237 | $709 | $4,972 |
| Martin Luther King 4 Bedroom Apartments | $1,637 | $649 | $3,000 |
Browse Apartments in this Neighborhood
There are currently 26 rentals with your search options within a 1 mile radius of the Martin Luther King Neighborhood of Chattanooga, TN.
See all Apartments in ChattanoogaExplore Chattanooga
Martin Luther King, Chattanooga, TN Local Guide
- Nearby Chattanooga neighborhoods
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Cheapest Available Martin Luther King Apartments for Rent
 The cheapest available apartment rental in the Martin Luther King area of Chattanooga, TN is a 2 Beds unit found at 821 Vine St priced from $700. Fort Wood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $915. Here are the most affordable Martin Luther King apartments for rent in Chattanooga, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 821 Vine St | Private Bedroom | 2BR,1BA | $700 |
| Fort Wood Apartments | A2 | 1BR,1BA | $915 |
| Eight59 Flats - Downtown Chattanooga | Studio - 349 - Eight59 | Studio,1BA | $959 |
| Fortwood Apartments | Studio | Studio,1BA | $1,025 |
| Burnside | 1BR/1.0BA | 1BR,1BA | $1,099 |
| Lindsay 414 | 1 Bedroom - Jefferson | 1BR,1BA | $1,099 |
| The Fleetwood Building | 0BR/1.0BA | Studio,1BA | $1,100 |
| East Line Apartments - Live on Main Street | Studio | 1BR,1BA | $1,105 |
| Walnut Commons | Studio | Studio,1BA | $1,149 |
| The Grand | F | 1BR,1BA | $1,155 |
Best Value Apartments for Rent in Martin Luther King, TN
As of December 17, 2025 the best value apartment in the Martin Luther King area is the $0.60 price per square foot 3BR/3BA - C1 Model at Douglas Heights in the in the St. Elmo neighborhood starting from $709. The second greatest value Martin Luther King apartment is the Studio Model at Bread Factory Lofts starting at $1,399 with a $1.21 price per square foot in the University of Tennessee At Chattanooga neighborhood. Here is today’s list of the best values for Martin Luther King apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Douglas Heights | 3BR/3BA - C1 | 3BR,3BA | $0.60 |
| Bread Factory Lofts | Studio | Studio ,1BA | $1.21 |
| Ayrshire Building - 418 Mccallie Ave | 2 Bedroom | 2BR,1BA | $1.55 |
| Burnside | 2BR/1.0BA | 2BR,1BA | $1.71 |
| 821 Vine St | Private Bedroom | 2BR,1BA | $0.70 |
| Fountain Plaza - Fitzgerald Apartments | 1 bed/ 1 bath | 1BR,1BA | $1.53 |
| Southside Flats | A1 - 1 Bedroom | 1BR,1BA | $1.43 |
| The Hardwick | 1Bd / 1Ba - 710 | 1BR,1BA | $1.67 |
| Fortwood Apartments | Studio | Studio ,1BA | $1.55 |
| Lindsay 414 | 1 Bedroom - Jefferson | 1BR,1BA | $1.69 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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 LifestyleMartin Luther King, Chattanooga, TN
Ranked #18
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
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!
Getting Around the Martin Luther King Neighborhood in Chattanooga, TN
Walk Score®
82 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
86 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
44 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,155.
What is the price of a cheap apartment in Martin Luther King?
The cheapest apartment in Martin Luther King is Fort Wood Apartments which is listed at $915, while the average apartment in Martin Luther King costs $3,875.
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 6 regular apartments in Martin Luther King that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!








