
Cheap Homes for Rent in Martin Luther King Neighborhood of Chattanooga, TN from $800 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Martin Luther King area of Chattanooga.


45 Scruggs St
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.

1131 Garfield St, Unit A

1000 E M L King Blvd
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.

1011 Oak 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 | $1,752 | $895 | $2,500 |
| Martin Luther King 3 Bedroom Homes for Rent | $2,477 | $1,810 | $2,850 |
| Martin Luther King 4 Bedroom Homes for Rent | $2,490 | $1,995 | $3,050 |
| Martin Luther King 5 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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 2 Beds unit found at 821 Vine St priced from $700. Fort Wood Apartments 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 | 2BR,1BA | $700 |
| Fort Wood Apartments | Studio - 427 | Studio,1BA | $899 |
| Passenger Flats | Studio West | Studio,1BA | $949 |
Best Value Apartments for Rent in Martin Luther King, TN
As of February 04, 2026 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 - Historical Access in the in the University of Tennessee At Chattanooga neighborhood starting from $709. The second greatest value Martin Luther King apartment is the 2 Bedroom Model at Ayrshire Building - 418 Mccallie Ave starting at $1,700 with a $1.55 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. |
|---|---|---|---|
| Douglas Heights - Historical Access | 3BR/3BA - C1 | 3BR,3BA | $0.60 |
| Ayrshire Building - 418 Mccallie Ave | 2 Bedroom | 2BR,1BA | $1.55 |
| Bread Factory Lofts | Studio | Studio ,1BA | $1.26 |
| Burnside | 2BR/1.0BA | 2BR,1BA | $1.62 |
| The Fleetwood Building | 2BR/1.0BA | 2BR,1BA | $1.60 |
| Fountain Plaza - Fitzgerald Apartments | 2 bed / 2 bath - 1024 | 2BR,2BA | $1.60 |
| 821 Vine St | Private Bedroom | 2BR,1BA | $0.70 |
| Southside Flats | A1 - 1 Bedroom | 1BR,1BA | $1.43 |
| The Hardwick | 1Bd / 1Ba - 710 | 1BR,1BA | $1.48 |
| 17 Broad | Ruby | Studio ,1BA | $1.87 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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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 #17
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Martin Luther King
What type of rentals are currently available in Martin Luther King?
There are currently 110 Apartments for Rent in Martin Luther King, TN with pricing that ranges from $775 to $3,599. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in Martin Luther King ranging from $895 to $3,050.
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 $895 to $3,050 with an average monthly rent of $2,129.
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 $2,097 to $3,599, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,810 to $2,850. Four Bedroom Single-Family rentals are also available starting from $1,995 and Four Bedroom Apartments start at $2,796.
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.

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.

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.

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.