Cheap Apartments for Rent in the Martin Luther King Neighborhood of Chattanooga, TN from $600 (26 Rentals)

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

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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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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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320 High Street
1 Bedroom Apartments

320 High Street

320 High StChattanooga, TN 37403
  • Utilities Included
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Marion
1 Bedroom Apartments

Marion

311 Lindsay StChattanooga, TN 37403
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Chestnut Flats
1 to 3 Bedroom Apartments

Chestnut Flats

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

Fortwood Apartments

837 Fort Wood StChattanooga, TN 37403
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The Grand
1 Bedroom Apartments

The Grand

1401 Market StChattanooga, TN 37402

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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Palmetto Place
1 to 2 Bedroom Apartments

Palmetto Place

910 E 8th StChattanooga, TN 37403
Showing Results 1-26, Page 1 of 1

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 2 Beds unit found at 821 Vine St priced from $700. Eight59 Flats - Downtown Chattanooga has the second lowest priced unit, which is a Studio apartment currently listed from $959. Here are the most affordable Martin Luther King apartments for rent in Chattanooga, TN:

Apartment ListingModel NameBed/BathPriced From
821 Vine StPrivate Bedroom2BR,1BA$700
Eight59 Flats - Downtown ChattanoogaStudio - 349 - Eight59Studio,1BA$959
Fortwood ApartmentsStudioStudio,1BA$1,025
The Fleetwood Building0BR/1.0BAStudio,1BA$1,080
Lindsay 4141 Bedroom - Marion1BR,1BA$1,099
Burnside1BR/1.0BA1BR,1BA$1,099
Tomorrow Building at Patten ParkwayEssential FloorplanStudio,1BA$1,099
East Line Apartments - Live on Main StreetStudio1BR,1BA$1,105
17 BroadRubyStudio,1BA$1,105
Walnut CommonsStudioStudio,1BA$1,149

Best Value Apartments for Rent in Martin Luther King, TN

As of December 27, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Douglas Heights3BR/3BA - C13BR,3BA$0.60
Bread Factory LoftsStudioStudio ,1BA$1.21
Ayrshire Building - 418 Mccallie Ave2 Bedroom2BR,1BA$1.55
Fort Wood Apartments2/ 1 - 10802BR,1BA$1.49
Fountain Plaza - Fitzgerald Apartments2 bed / 2 bath - 10242BR,2BA$1.60
821 Vine StPrivate Bedroom2BR,1BA$0.70
Southside FlatsA1 - 1 Bedroom1BR,1BA$1.43
The Fleetwood Building0BR/1.0BAStudio ,1BA$1.49
The Hardwick1Bd / 1Ba - 7101BR,1BA$1.64
Fortwood ApartmentsStudioStudio ,1BA$1.55

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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The 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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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 #19

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

Pet Friendliness Lifestyle Score

3.5
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 $1,149.

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

The cheapest apartment in Martin Luther King is Eight59 Flats - Downtown Chattanooga which is listed at $999, 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

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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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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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.