Cheap Apartments for Rent in the Red Bank Neighborhood of Chattanooga, TN from $500 (49 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Red Bank 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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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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Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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900 Mountain Creek Rd
Studio to 4 Bedroom Apartments

900 Mountain Creek Rd

900 Mountain Creek RdChattanooga, TN 37405
  • Utilities Included
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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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The Outpost
1 Bedroom Apartments

The Outpost

2614 Lyndon AveChattanooga, TN 37415
property at 713 Lupton Dr

$895

2 Bedroom Rentals

Available Now

713 Lupton Dr

ChattanoogaTN37415
property at 715 Lupton Dr

$895

2 Bedroom Rentals

Available Now

715 Lupton Dr

ChattanoogaTN37415

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Alpine Villas
1 to 3 Bedroom Apartments

Alpine Villas

4040 Mountain Creek RdChattanooga, TN 37415
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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

2 Bedroom, 1 Bath Townhome for Rent

Available Now

120 Wolfe St

ChattanoogaTN37415

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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WillowCreek Apartments
1 to 2 Bedroom Apartments

WillowCreek Apartments

2833 Dayton BlvdRed Bank, TN 37415
  • Utilities Included

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 Studio unit found at River Hills Flats priced from $699. Terra at Ashley has the second lowest priced unit, which is a 1 Bed apartment currently listed from $849. Here are the most affordable Red Bank apartments for rent in Chattanooga, TN:

Apartment ListingModel NameBed/BathPriced From
River Hills FlatsThe Creekside FlatStudio,1BA$699
Terra at AshleyA11BR,1BA$849
The Oaks at Northshore0x1Studio,1BA$900
Midvale Heights1 Bedroom 1 Bathroom A1BR,1BA$950
Northshore Village1x1a1BR,1BA$950
Trails of Signal MountainMajesticStudio,1BA$955
The Reserve at Red Bank Apartment Homes1x11BR,1BA$960
Arbors at Signal MountainOne Bedroom1BR,1BA$960
Sunset Rock ApartmentsUnit 91BR,1BA$995
Rise at Signal Mountain ApartmentsA21BR,1BA$1,076

Best Value Apartments for Rent in Red Bank, TN

As of December 19, 2025 the best value apartment in the 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 Red Bank apartment is the C1 Renovated Model at Riverview North starting at $1,575 with a $1.26 price per square foot in the Mountain Creek 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.
Hartman HillSignal3BR,3BA$1.40
Riverview NorthC1 Renovated3BR,2BA$1.26
MAA WindridgeThe Azalea1BR,1BA$1.45
The Links Apartments2 Bedroom 1 Bath Apartment Home, 930 square feet2BR,1BA$1.40
Northshore Flats Apartments2X12BR,1BA$1.24
Kate's View2 Bedroom2BR,1BA$1.28
Arbors at Signal MountainOne Bedroom1BR,1BA$1.10
Midvale Heights1 Bedroom 1 Bathroom B1BR,1BA$1.15
Views at Signal MountainThe Chipley2BR,1.5BA$1.42
Terra at AshleyA11BR,1BA$1.21

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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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
Red Bank, Chattanooga, TN

Ranked #40

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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!

Getting Around the Red Bank Neighborhood in Chattanooga, TN

Walk Score®

41 / 100

Car-Dependent

Most errands require a car

Bike Score®

31 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

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 River Hills Flats listed at $699.

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 Newberry Commons and starts from $1,300.

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

decorative image for A Local Expert’s Guide To the Top Budget-Friendly Neighborhoods to Rent in Chattanooga, TN article

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!