Cheap Apartments for Rent in the Martin Luther King Neighborhood of Chattanooga, TN from $600 (53 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Read Article

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.

Read Article

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.

Read Article
close
View Me
Mission at Main
Studio to 2 Bedroom Apartments

Mission at Main

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

320 High Street

320 High StChattanooga, TN 37403
  • Utilities Included
close
View Me
611 Houston St
Studio to 3 Bedroom Apartments

611 Houston St

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

Marion

311 Lindsay StChattanooga, TN 37403

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.

Read Article
close
View Me
Chestnut Flats
1 to 3 Bedroom Apartments

Chestnut Flats

2108 Chestnut StChattanooga, TN 37408
close
View Me
Fortwood Apartments
Studio to 2 Bedroom Apartments

Fortwood Apartments

837 Fort Wood StChattanooga, TN 37403
close
View Me
Palmetto Place
1 to 2 Bedroom Apartments

Palmetto Place

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

Patten Towers

1 E 11th StChattanooga, TN 37402
Senior Living
  • Utilities Included
close
View Me
Bode Chattanooga
1 to 3 Bedroom Apartments

Bode Chattanooga

730 Chestnut StChattanooga, TN 37402
  • 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.

Read Article
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. Passenger Flats has the second lowest priced unit, which is a Studio apartment currently listed from $909. 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
Passenger FlatsStudio WestStudio,1BA$909
8th Street ApartmentsS1Studio,1BA$1,025
The Fleetwood Building0BR/1.0BAStudio,1BA$1,050
East Line Apartments - Live on Main StreetStudio1BR,1BA$1,105
Burnside1BR/1.0BA1BR,1BA$1,152
Flats at Southside GardensA11BR,1BA$1,175
Southside FlatsA1 - 1 Bedroom1BR,1BA$1,190
Urban LoftsA11BR,1BA$1,199
17 BroadWalnut1BR,1BA$1,212

Best Value Apartments for Rent in Martin Luther King, TN

As of July 28, 2026 the best value apartment in the Martin Luther King area is the $1.45 price per square foot 2 Bedroom 2 Bathroom Model at Ayrshire Building - 418 Mccallie Ave in the in the St. Elmo neighborhood starting from $1,600. The second greatest value Martin Luther King apartment is the 2 Bedroom Two Bathroom Model at Walnut Commons starting at $1,949 with a $1.91 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Ayrshire Building - 418 Mccallie Ave2 Bedroom 2 Bathroom2BR,2BA$1.45
Walnut Commons2 Bedroom Two Bathroom2BR,2BA$1.91
821 Vine StPrivate Bedroom1BR,1BA$0.78
Burnside1BR/1.0BA1BR,1BA$1.25
Market City Center2 Bedroom 1 Bathroom2BR,1BA$1.88
Southside FlatsA1 - 1 Bedroom1BR,1BA$1.43
1613 S Highland Park AveSouth Highland Park Ave2BR,2BA$1.86
Flats at Southside GardensA1 - 21BR,1BA$1.81
17 BroadWalnut1BR,1BA$1.83
The Fleetwood Building0BR/1.0BAStudio ,1BA$1.74

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 Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Martin Luther King, Chattanooga, TN

Ranked #13

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

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 $1,212.

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 $3,425.

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 16 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 $1,327 which is $2,098 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.

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.