
Cheap Homes for Rent in the Martin Luther King Neighborhood of Chattanooga, TN from $1,000 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Martin Luther King area of Chattanooga.


955 E 5th St

802 Central Ave

802 Central Ave

802 Central Ave

802 Central Ave
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.

802 Central Ave

802 Central Ave

1417 Market St

1131 Garfield St

2605 Carr St, Unit B

1105 S Greenwood Ave
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

324 Lindsay St
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 | $1,637 | $1,200 | $1,989 |
| Martin Luther King 3 Bedroom Homes for Rent | $2,679 | $1,600 | $4,250 |
| Martin Luther King 4 Bedroom Homes for Rent | $2,786 | $2,675 | $3,000 |
Browse Homes for Rent in this Neighborhood
There are currently 13 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. Tomorrow Building at Patten Parkway 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 821 Vine St | Private Bedroom | 1BR,1BA | $775 |
| Tomorrow Building at Patten Parkway | Essential Floorplan | Studio,1BA | $899 |
| Passenger Flats | Studio West | Studio,1BA | $909 |
| The Fleetwood Building | 0BR/1.0BA | Studio,1BA | $1,045 |
| East Line Apartments - Live on Main Street | Studio | 1BR,1BA | $1,105 |
Best Value Apartments for Rent in Martin Luther King, TN
As of July 12, 2026 the best value apartment in the Martin Luther King area is the $0.60 price per square foot 3BR/3BA - C1 Model at Campus Walk in the in the St. Elmo neighborhood starting from $709. The second greatest value Martin Luther King apartment is the 2 Bedroom 2 Bathroom Model at Ayrshire Building - 418 Mccallie Ave starting at $1,600 with a $1.45 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Campus Walk | 3BR/3BA - C1 | 3BR,3BA | $0.60 |
| Ayrshire Building - 418 Mccallie Ave | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.45 |
| 821 Vine St | Private Bedroom | 1BR,1BA | $0.78 |
| Burnside | 1BR/1.0BA | 1BR,1BA | $1.22 |
| Market City Center | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.88 |
| Southside Flats | A1 - 1 Bedroom | 1BR,1BA | $1.43 |
| 1613 S Highland Park Ave | South Highland Park Ave | 2BR,2BA | $1.86 |
| Flats at Southside Gardens | A1 - 2 | 1BR,1BA | $1.81 |
| 17 Broad | Walnut | 1BR,1BA | $1.81 |
| The Fleetwood Building | 0BR/1.0BA | Studio ,1BA | $1.73 |
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 ArticleReal 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 ArticleQuick 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.
Pet Friendly LifestyleMartin Luther King, Chattanooga, TN
Ranked #12
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 $3,599. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Martin Luther King ranging from $1,050 to $4,250.
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 $4,250 with an average monthly rent of $2,335.
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 $3,599, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $4,250. Four Bedroom Single-Family rentals are also available starting from $2,675 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

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.

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.

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.