Cheap Apartments for Rent in the Martin Luther King Neighborhood of Chattanooga, TN from $600 (23 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Art of the Rental Viewing: What to look for during a property tour

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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Mission at Main
Studio to 2 Bedroom Apartments

Mission at Main

26 E Main StChattanooga, TN 37408
  • Utilities Included
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821 Vine St
2 Bedroom Apartments

821 Vine St

821 Vine StChattanooga, TN 37403
Student Housing
  • Utilities Included
  • Smoke Free
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Mitchell Apartments
3 Bedroom Apartments

Mitchell Apartments

1601 Mitchell AveChattanooga, TN 37408
Student Housing
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320 High Street
1 Bedroom Apartments

320 High Street

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

Chestnut Flats

2108 Chestnut StChattanooga, TN 37408

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
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 Studio unit found at Passenger Flats priced from $950. East Line Apartments - Live on Main Street has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,105. Here are the most affordable Martin Luther King apartments for rent in Chattanooga, TN:

Apartment ListingModel NameBed/BathPriced From
Passenger FlatsStudio EasternStudio,1BA$950
East Line Apartments - Live on Main StreetStudio1BR,1BA$1,105
17 BroadRubyStudio,1BA$1,119
Tomorrow Building at Patten ParkwayEssential FloorplanStudio,1BA$1,199
West 6th Apartments - ALL INCLUSIVE LIVINGStudiosStudio,1BA$1,199

Best Value Apartments for Rent in Martin Luther King, TN

As of July 24, 2025 the best value apartment in the Martin Luther King area is the $1.14 price per square foot 1205 Chamberlain Ave Model at 1205 Chamberlain Ave, Unit A in the in the East Chattanooga neighborhood starting from $1,600. The second greatest value Martin Luther King apartment is the 2BR/4BA - B3 Model at Douglas Heights starting at $1,200 with a $0.89 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.
1205 Chamberlain Ave, Unit A1205 Chamberlain Ave2BR,2BA$1.14
Douglas Heights2BR/4BA - B32BR,4BA$0.89
Ayrshire Building - 418 Mccallie Ave2 Bedroom2BR,1BA$1.64
Walnut Commons2 Bedroom Two Bathroom2BR,2BA$1.89
Market City Center1 Bedroom 1 Bathroom1BR,1BA$1.88
Bread Factory LoftsStudioStudio ,1BA$1.60
Burnside1BR/1.0BA1BR,1BA$1.74
The Fleetwood Building0BR/1.0BAStudio ,1BA$1.86
Lindsay 414Studio - JeffersonStudio ,1BA$1.84
863 McCallie Ave2 Bed 1 Bath2BR,1BA$1.35

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Martin Luther King, Chattanooga, TN

Ranked #15

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!

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

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 $1,272.

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

The cheapest apartment in Martin Luther King is East Line Apartments - Live on Main Street which is listed at $1,105, while the average apartment in Martin Luther King costs $3,523.

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

Helpful Apartment Articles, How-To's and Tips

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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.