Cheap Homes for Rent in Martin Luther King Neighborhood of Chattanooga, TN from $700 (4 Rentals)

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

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.

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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.

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Martin Luther King, Chattanooga, TN Local Guide

Best Value Apartments for Rent in Martin Luther King, TN

As of December 18, 2025 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 in the in the St. Elmo neighborhood starting from $709. The second greatest value Martin Luther King apartment is the Studio Model at Bread Factory Lofts starting at $1,399 with a $1.21 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Douglas Heights3BR/3BA - C13BR,3BA$0.60
Bread Factory LoftsStudioStudio ,1BA$1.21
Ayrshire Building - 418 Mccallie Ave2 Bedroom2BR,1BA$1.55
Fort Wood Apartments2/ 1 - 10802BR,1BA$1.49
821 Vine StPrivate Bedroom2BR,1BA$0.70
Fountain Plaza - Fitzgerald Apartments1 bed/ 1 bath1BR,1BA$1.51
Southside FlatsA1 - 1 Bedroom1BR,1BA$1.43
The Hardwick1Bd / 1Ba - 7101BR,1BA$1.64
Fortwood ApartmentsStudioStudio ,1BA$1.55
Lindsay 4141 Bedroom - Jefferson1BR,1BA$1.69

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Quick 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.

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Pet Friendly Lifestyle
Martin Luther King, Chattanooga, TN

Ranked #18

Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Martin Luther King

What type of rentals are currently available in Martin Luther King?

There are currently 111 Apartments for Rent in Martin Luther King, TN with pricing that ranges from $649 to $5,030. There are also 26 Single Family Homes for rent, Condos, and Townhome rentals currently available in Martin Luther King ranging from $750 to $3,500.

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 $750 to $3,500 with an average monthly rent of $2,064.

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 $5,030, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,995 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,995 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

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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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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!