Cheap Homes for Rent in Outer Red Bank Neighborhood of Chattanooga, TN from $900 (17 Rentals)

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Search the lowest-cost Homes available for rent right now in the Outer Red Bank area of Chattanooga.

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property at 4759 Tessie Ln

$1,095

2 Bedroom, 1 Bath Townhome for Rent

Available Now

4759 Tessie Ln

ChattanoogaTN37343

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property at 510 Ely Rd

$1,250

2 Bedroom Rentals

Available Now

510 Ely Rd

ChattanoogaTN37343

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Outer Red Bank, Chattanooga, TN Local Guide

Cheapest Available Outer Red Bank Apartments for Rent

 

The cheapest available apartment rental in the Outer Red Bank area of Chattanooga, TN is a 1 Bed unit found at The Reserve at Red Bank Apartment Homes priced from $910. Riverside North Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here are the most affordable Outer Red Bank apartments for rent in Chattanooga, TN:

Apartment ListingModel NameBed/BathPriced From
The Reserve at Red Bank Apartment Homes1x11BR,1BA$910
Riverside North Apartment Homes1x11BR,1BA$925
Trails of Signal MountainMajesticStudio,1BA$955
River City North3 Bedroom3BR,2BA$956
Rise at Signal Mountain ApartmentsA21BR,1BA$1,078

Best Value Apartments for Rent in Outer Red Bank, TN

As of January 25, 2026 the best value apartment in the Outer Red Bank area is the $1.40 price per square foot Signal Model at Hartman Hill in the in the Mile Straight neighborhood starting from $2,775. The second greatest value Outer Red Bank apartment is the 3 Bedroom Model at River City North starting at $956 with a $0.81 price per square foot in the East Chattanooga neighborhood. Here is today’s list of the best values for Outer Red Bank apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hartman HillSignal3BR,3BA$1.40
River City North3 Bedroom3BR,2BA$0.81
IndigoAmethyst1BR,1BA$1.50
Hawthorne at the WThe Walnut1BR,1BA$1.64
Views at Signal MountainThe Chipley2BR,1.5BA$1.36
Newberry Commons2 Bedroom, Fully Remodeled2BR,1BA$1.57
Rise at Signal Mountain ApartmentsA11BR,1BA$1.54
Riverside North Apartment Homes1x11BR,1BA$1.36
Ascent at Signal Mountain1 bed 1 bath1BR,1BA$1.69
The Reserve at Red Bank Apartment Homes1x11BR,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.

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

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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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Frequently Asked Questions about Outer Red Bank

What type of rentals are currently available in Outer Red Bank?

There are currently 50 Apartments for Rent in Outer Red Bank, TN with pricing that ranges from $825 to $2,260. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Outer Red Bank ranging from $900 to $3,000.

What is the current price range for Rental Homes in Outer Red Bank?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Outer Red Bank ranges from $900 to $3,000 with an average monthly rent of $1,645.

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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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.

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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.

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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.