955 E 5th St
ChattanoogaTN37403
Cheap Homes for Rent in the Martin Luther King Neighborhood of Chattanooga, TN from $1,050 (8 Rentals)
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$1,1002 Bedroom Apartments Available Now
938 Fort Wood St, Unit 4
938 Fort Wood StChattanooga, TN 37403
802 Central Ave
ChattanoogaTN37403
324 Lindsay St
ChattanoogaTN37403
Chattanooga's Best Affordable Neighborhoods
Learn about Chattanooga and the best places to live with original content written by our Local Expert Catrina Cowart
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ChattanoogaTN37408
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ChattanoogaTN37402
1008 Fairview Ave
ChattanoogaTN37403
1089 Park Ave
ChattanoogaTN37403
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.
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Martin Luther King, Chattanooga, TN Local Guide
How much does it cost to rent a home in Martin Luther King?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Martin Luther King 2 Bedroom Homes for Rent | $1,622 | $1,050 | $1,989 |
| Martin Luther King 3 Bedroom Homes for Rent | $2,717 | $1,995 | $4,150 |
| Martin Luther King 4 Bedroom Homes for Rent | $2,656 | $2,495 | $2,900 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 1 mile radius of the Martin Luther King Neighborhood of Chattanooga, TN.
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Martin Luther King, Chattanooga, TN Local Guide
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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 1 Bed unit found at 821 Vine St priced from $775. Eight59 Flats - Downtown Chattanooga has the second lowest priced unit, which is a Studio apartment currently listed from $999. 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 | 1BR,1BA | $775 |
| Eight59 Flats - Downtown Chattanooga | Studio - 349 - Eight59 | Studio,1BA | $999 |
| 8th Street Apartments | S1 | Studio,1BA | $1,025 |
Best Value Apartments for Rent in Martin Luther King, TN
As of August 27, 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 $1,899 with a $1.86 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. |
|---|---|---|---|
| Ayrshire Building - 418 Mccallie Ave | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.45 |
| Walnut Commons | 2 Bedroom Two Bathroom | 2BR,2BA | $1.86 |
| 821 Vine St | Private Bedroom | 1BR,1BA | $0.78 |
| The Fleetwood Building | 1BR/1.0BA | 1BR,1BA | $1.33 |
| Burnside | 1BR/1.0BA | 1BR,1BA | $1.26 |
| Market City Center | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.88 |
| Southside Flats | A1 - 1 Bedroom | 1BR,1BA | $1.43 |
| Campus Walk | 2BR/2BA - B1 | 2BR,2BA | $1.08 |
| 1613 S Highland Park Ave | South Highland Park Ave | 2BR,2BA | $1.86 |
| Flats at Southside Gardens | A1 - 2 | 1BR,1BA | $1.81 |
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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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.
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Pet Friendly LifestyleMartin Luther King, Chattanooga, TN
Ranked #14
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Martin Luther King
What type of rentals are currently available in Martin Luther King?
There are currently 116 Apartments for Rent in Martin Luther King, TN with pricing that ranges from $649 to $3,550. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Martin Luther King ranging from $1,050 to $4,150.
What is the current price range for Rental Homes in Martin Luther King?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Martin Luther King ranges from $1,050 to $4,150 with an average monthly rent of $2,366.
How much are larger Three and Four Bedroom Rentals in Martin Luther King?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Martin Luther King range from $709 to $3,550, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,995 to $4,150. Four Bedroom Single-Family rentals are also available starting from $2,495 and Four Bedroom Apartments start at $649.
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
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.
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.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.