Cheap Apartments for Rent in the Martin Luther King Neighborhood of Chattanooga, TN from $600 (31 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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320 High Street
1 Bedroom Apartments

320 High Street

320 High StChattanooga, TN 37403
  • Utilities Included
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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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Chestnut Flats
1 to 3 Bedroom Apartments

Chestnut Flats

2108 Chestnut StChattanooga, TN 37408
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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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The Grand
1 Bedroom Apartments

The Grand

1401 Market StChattanooga, TN 37402

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Palmetto Place
1 to 2 Bedroom Apartments

Palmetto Place

910 E 8th StChattanooga, TN 37403

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 $899. 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$899
Passenger FlatsStudio WestStudio,1BA$949
Fort Wood ApartmentsStudio - 660Studio,1BA$995
The Hardwick1Bd / 1Ba - 7101BR,1BA$999
The Fleetwood Building0BR/1.0BAStudio,1BA$1,000
East Line Apartments - Live on Main StreetStudio1BR,1BA$1,105
Burnside1BR/1.0BA1BR,1BA$1,125
Flats at Southside GardensA11BR,1BA$1,175
River RockS1.1Studio,1BA$1,175

Best Value Apartments for Rent in Martin Luther King, TN

As of March 13, 2026 the best value apartment in the Martin Luther King area is the $1.31 price per square foot Apt #1 1 BR/1Bath Model at Milburn Apartments in the in the University of Tennessee At Chattanooga neighborhood starting from $1,700. The second greatest value Martin Luther King apartment is the 3BR/3BA - C1 Model at Douglas Heights - Historical Access starting at $709 with a $0.60 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.
Milburn ApartmentsApt #1 1 BR/1Bath1BR,1BA$1.31
Douglas Heights - Historical Access3BR/3BA - C13BR,3BA$0.60
Bread Factory LoftsStudioStudio ,1BA$1.19
Ayrshire Building - 418 Mccallie Ave2 Bedroom2BR,1BA$1.55
The Fleetwood Building2BR/1.0BA2BR,1BA$1.60
Fountain Plaza - Fitzgerald Apartments2 bed / 2 bath - 10242BR,2BA$1.46
821 Vine StPrivate Bedroom2BR,1BA$0.70
Southside FlatsA1 - 1 Bedroom1BR,1BA$1.43
The Hardwick1Bd / 1Ba - 7101BR,1BA$1.41
Fort Wood ApartmentsStudio - 660Studio ,1BA$1.51

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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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 #12

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 $1,175.

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

The cheapest apartment in Martin Luther King is The Hardwick which is listed at $999, 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 17 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 $1,288 which is $2,137 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

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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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.