
Cheap Homes for Rent in Martin Luther King Neighborhood of Chattanooga, TN from $800 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Martin Luther King area of Chattanooga.


825 Vine St, Unit 202, Unit 202

938 Fortwood St
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.

603 Lindsay St

508 S Highland Park Ave

938 Fortwood 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.

955 E 5th 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 | $1,666 | $1,050 | $2,000 |
| Martin Luther King 3 Bedroom Homes for Rent | $2,146 | $1,750 | $2,800 |
| Martin Luther King 4 Bedroom Homes for Rent | $2,937 | $2,675 | $3,200 |
Browse Homes for Rent in this Neighborhood
There are currently 7 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. 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 | 2BR,1BA | $700 |
| Tomorrow Building at Patten Parkway | Essential Floorplan | Studio,1BA | $899 |
| Passenger Flats | Studio West | Studio,1BA | $909 |
Best Value Apartments for Rent in Martin Luther King, TN
As of May 27, 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 2A20 Model at 1400 Chestnut starting at $1,975 with a $1.71 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 |
| 1400 Chestnut | 2A20 | 2BR,2BA | $1.71 |
| Fountain Plaza - Fitzgerald Apartments | 2 Bed / 1 Bath - 1145 | 2BR,1BA | $1.31 |
| 821 Vine St | 2 Bed/1 Bath | 2BR,1BA | $1.35 |
| Burnside | 1BR/1.0BA | 1BR,1BA | $1.30 |
| The Fleetwood Building | 0BR/1.0BA | Studio ,1BA | $1.21 |
| Southside Flats | A1 - 1 Bedroom | 1BR,1BA | $1.43 |
| Bread Factory Lofts | Studio | Studio ,1BA | $1.51 |
| Flats at Southside Gardens | A1 - 2 | 1BR,1BA | $1.81 |
| The Hardwick | 1Bd / 1Ba - 710 | 1BR,1BA | $1.41 |
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 #11
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 113 Apartments for Rent in Martin Luther King, TN with pricing that ranges from $649 to $3,499. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Martin Luther King ranging from $800 to $3,200.
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 $800 to $3,200 with an average monthly rent of $1,940.
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 $3,499, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $2,800. 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.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.