Cheap Apartments for Rent in the Red Bank Neighborhood of Chattanooga, TN from $500 (53 Rentals)

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

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The Oaks at Northshore
$850 - $1,291
Total Monthly Price

Total Monthly Price

Base Rent
$763 - $1,204
Required Monthly Fees
$87
Total Monthly Price
$850 - $1,291
Studio to 2 Bedroom Apartments Available Now

The Oaks at Northshore

1717 White Oak RdChattanooga, TN 37415
Affordability
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  • Customer Reviewed
  • 3D Tour

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Midvale Heights
$950 - $1,648
Total Monthly Price

Total Monthly Price

Base Rent
$855 - $1,553
Required Monthly Fees
$95
Total Monthly Price
$950 - $1,648
1 to 3 Bedroom Apartments Available Now

Midvale Heights

300 W Midvale AveChattanooga, TN 37405
Affordability
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  • 3D Tour
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Northshore Village
$950 - $1,410
Total Monthly Price

Total Monthly Price

Base Rent
$854 - $1,314
Required Monthly Fees
$96
Total Monthly Price
$950 - $1,410
1 to 3 Bedroom Apartments Available Now

Northshore Village

621 Memorial DrChattanooga, TN 37415
Corporate Housing
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  • Customer Reviewed
  • 3D Tour

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Ivy Terrace Apartments
Rent Specials
$995 - $1,965
Total Monthly Price

Total Monthly Price

Base Rent
$930 - $1,900
Required Monthly Fees
$65
Total Monthly Price
$995 - $1,965
Studio to 3 Bedroom Apartments Available Now

Ivy Terrace Apartments

4105 Dayton BlvdChattanooga, TN 37415
Affordability
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  • Customer Reviewed
  • 3D Tour

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Ridgemont at Stringers Ridge
Rent Specials
$1,198 - $1,814
Total Monthly Price

Total Monthly Price

Base Rent
$1,176 - $1,792
Required Monthly Fees
Varies
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Ridgemont at Stringers Ridge

20 Mason DrChattanooga, TN 37415
Corporate Housing
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  • Customer Reviewed
  • 3D Tour
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Crestview Apartments
1 to 2 Bedroom Apartments

Crestview Apartments

107 Goodson AveChattanooga, TN 37405
  • Utilities Included
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Wendelia
2 Bedroom Apartments

Wendelia

2410 Lyndon AveChattanooga, TN 37415
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3824 Redding Rd
1 Bedroom Apartments

3824 Redding Rd

3824 Redding RdChattanooga, TN 37415

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property at 113 Goodson Ave

$890

1 To 2 Bedroom Rentals

Available Mar 23

113 Goodson Ave

ChattanoogaTN37405
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Sergeant's Apartments
1 to 2 Bedroom Apartments

Sergeant's Apartments

710 Cherokee BlvdChattanooga, TN 37405
  • Utilities Included
property at 120 Wolfe St

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995
Total Monthly Price
$995

2 Bedroom, 1 Bath Townhome for Rent

Available Now

120 Wolfe St

ChattanoogaTN37415
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Alpine Villas
1 to 3 Bedroom Apartments

Alpine Villas

4040 Mountain Creek RdChattanooga, TN 37415
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Abby North
1 to 2 Bedroom Apartments

Abby North

560 Cherokee BlvdChattanooga, TN 37405
  • Utilities Included
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Hannah Parc
2 to 3 Bedroom Apartments

Hannah Parc

610 Gurley StChattanooga, TN 37405
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

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Red Bank, Chattanooga, TN Local Guide

Cheapest Available Red Bank Apartments for Rent

 

The cheapest available apartment rental in the Red Bank area of Chattanooga, TN is a 1 Bed unit found at Terra at Ashley priced from $849. The Oaks at Northshore has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here are the most affordable Red Bank apartments for rent in Chattanooga, TN:

Apartment ListingModel NameBed/BathPriced From
Terra at AshleyA11BR,1BA$849
The Oaks at Northshore0x1Studio,1BA$850
The Outpost1BR/1BA1BR,1BA$895
Newberry Commons1 Bedroom1BR,1BA$899
River Hills FlatsThe Creekside FlatStudio,1BA$899
Riverside North Apartment Homes1x11BR,1BA$925
Midvale Heights1 Bedroom 1 Bathroom A1BR,1BA$950
Northshore Village1x1a1BR,1BA$950
River City North3 Bedroom3BR,2BA$956
Arcadia CreeksideMeadowood1BR,1BA$1,029

Best Value Apartments for Rent in Red Bank, TN

As of March 23, 2026 the best value apartment in the Red Bank area is the $1.13 price per square foot The Maple Model at MAA Windridge in the in the Mountain Creek neighborhood starting from $1,633. The second greatest value 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 Red Bank apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
MAA WindridgeThe Maple2BR,2BA$1.13
River City North3 Bedroom3BR,2BA$0.81
Riverview NorthB1 Renovated2BR,1.5BA$1.06
Trails of Signal MountainHunter2BR,1BA$1.17
Kate's View2 Bedroom2BR,1BA$1.28
Midvale Heights1 Bedroom 1 Bathroom B1BR,1BA$1.15
Views at Signal MountainThe Chipley2BR,1.5BA$1.36
Terra at AshleyA11BR,1BA$1.21
Riverside North Apartment Homes1x11BR,1BA$1.36
Northshore Village1x1a1BR,1BA$1.46

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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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Best Local Schools in
Red Bank, Chattanooga, TN

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, metropolitan areas, and rental properties across Tennessee and customized analysis for Northwest Central Chattanooga, TN. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, transit availability, pet-friendly communities, family-friendliness, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Red Bank Apartments

What is the Cheapest Studio apartment in Red Bank?

Currently the most affordable Cheap Studio Apartment in Red Bank is at The Oaks at Northshore listed at $850.

How much is rent for a Cheap One Bedroom Red Bank Apartment?

The lowest price for a Cheap One Bedroom Red Bank Apartment is $849 at Terra at Ashley.

What is the lowest price for a Cheap Two Bedroom Red Bank Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Red Bank is starting from $999 at Terra at Ashley.

What is the most affordable Red Bank Three Bedroom Apartment?

The best deal on a cheap Red Bank Three Bedroom Apartment rental is at River City North and starts from $956.

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

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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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Maximizing Your Refund: Essential Tax Tips for Renters

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Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

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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.