
Cheap Apartments for Rent in the Red Bank Neighborhood of Chattanooga, TN from $500 (49 Rentals)
Search the lowest-cost Apartments available for rent right now in the Red Bank area of Chattanooga.


137 Hendricks Blvd

203 West Euclid Ave, Unit Loft Apartment

River City North

Terra at Ashley

139 Hendricks Blvd

4293 Byrnewood Village Cir

997 W Elmwood Dr

321-325 Pine Ridge Rd
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.

143 Hendricks Blvd

The Oaks at Northshore

Ivy Terrace Apartments

Riverside North Apartment Homes

Midvale Heights

Northshore Village

Trails of Signal Mountain

The Reserve at Red Bank Apartment Homes

Arbors at Signal Mountain
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.

Sunset Rock Apartments

615 Colville St

2425 Ashmore Ave

2425 Ashmore Ave

Ascent at Signal Mountain

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

210 Hendricks Blvd

713 Lupton Dr

715 Lupton Dr
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.

900 Mountain Creek Rd

120 Wolfe St

120 Wolfe St

5 Gaylord Dr

Rise at Signal Mountain Apartments

205 Valley View Ave

Midtown Square Apartments, Chattanooga
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.

105 P'Poole Ave

Northshore Flats Apartments

204 Flora Cir
Red Bank, Chattanooga, TN Local Guide

How much does it cost to rent an apartment in Red Bank?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Red Bank Studio Apartments | $882 | $699 | $1,155 |
| Red Bank 1 Bedroom Apartments | $1,231 | $799 | $1,710 |
| Red Bank 2 Bedroom Apartments | $1,455 | $832 | $2,415 |
| Red Bank 3 Bedroom Apartments | $1,721 | $956 | $2,505 |
| Red Bank 4 Bedroom Apartments | $2,145 | $2,145 | $2,145 |
Browse Apartments in this Neighborhood
There are currently 49 rentals with your search options within a 2 mile radius of the Red Bank Neighborhood of Chattanooga, TN.
See all Apartments in ChattanoogaExplore Chattanooga
Red Bank, Chattanooga, TN Local Guide
- Nearby Chattanooga neighborhoods
- Nearby Cities
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| River Hills Flats | The Creekside Flat | Studio,1BA | $699 |
| Terra at Ashley | A1 | 1BR,1BA | $849 |
| The Oaks at Northshore | 0x1 | Studio,1BA | $900 |
| Midvale Heights | 1 Bedroom 1 Bathroom A | 1BR,1BA | $950 |
| Northshore Village | 1x1a | 1BR,1BA | $950 |
| Trails of Signal Mountain | Majestic | Studio,1BA | $955 |
| The Reserve at Red Bank Apartment Homes | 1x1 | 1BR,1BA | $960 |
| Arbors at Signal Mountain | One Bedroom | 1BR,1BA | $960 |
| Sunset Rock Apartments | Unit 9 | 1BR,1BA | $995 |
| Rise at Signal Mountain Apartments | A2 | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hartman Hill | Signal | 3BR,3BA | $1.40 |
| Riverview North | C1 Renovated | 3BR,2BA | $1.26 |
| MAA Windridge | The Azalea | 1BR,1BA | $1.45 |
| The Links Apartments | 2 Bedroom 1 Bath Apartment Home, 930 square feet | 2BR,1BA | $1.40 |
| Northshore Flats Apartments | 2X1 | 2BR,1BA | $1.24 |
| Kate's View | 2 Bedroom | 2BR,1BA | $1.28 |
| Arbors at Signal Mountain | One Bedroom | 1BR,1BA | $1.10 |
| Midvale Heights | 1 Bedroom 1 Bathroom B | 1BR,1BA | $1.15 |
| Views at Signal Mountain | The Chipley | 2BR,1.5BA | $1.42 |
| Terra at Ashley | A1 | 1BR,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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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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 LifestyleRed Bank, Chattanooga, TN
Ranked #40
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Red Bank, Chattanooga, TN
School data provided by Great Schools
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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

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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!











