Cheap Homes for Rent in Red Bank Neighborhood of Chattanooga, TN from $700 (8 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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 Ivy Terrace Apartments priced from $880. River Hills Flats has the second lowest priced unit, which is a Studio apartment currently listed from $899. Here are the most affordable Red Bank apartments for rent in Chattanooga, TN:

Apartment ListingModel NameBed/BathPriced From
Ivy Terrace ApartmentsThe Ivy StudioStudio,1BA$880
River Hills FlatsThe Creekside FlatStudio,1BA$899
The Oaks at Northshore0x1Studio,1BA$900

Best Value Apartments for Rent in Red Bank, TN

As of July 27, 2025 the best value apartment in the Red Bank area is the $1.19 price per square foot Oxford Model at Hartman Hill in the in the Mile Straight neighborhood starting from $2,999. The second greatest value Red Bank apartment is the The Maple Model at MAA Windridge starting at $1,653 with a $1.14 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 HillOxford4BR,3BA$1.19
MAA WindridgeThe Maple2BR,2BA$1.14
Trails of Signal MountainFinley2BR,2BA$0.89
River City North2x22BR,2BA$1.17
Riverside North Apartment Homes2x12BR,1BA$1.15
Kate's View2 Bedroom2BR,1BA$1.28
Midvale Heights1 Bedroom 1 Bathroom B1BR,1BA$1.27
Sunset Park Apartments1BR/1.0BA1BR,1BA$1.24
Northshore Flats Apartments1X11BR,1BA$1.37
Terra at AshleyAP1X11BR,1BA$1.32

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Red Bank

What type of rentals are currently available in Red Bank?

There are currently 105 Apartments for Rent in Red Bank, TN with pricing that ranges from $850 to $4,663. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Red Bank ranging from $799 to $3,700.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Red Bank ranges from $799 to $3,700 with an average monthly rent of $1,910.

How much are larger Three and Four Bedroom Rentals in Red Bank?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Red Bank range from $1,281 to $4,177, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $3,700. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $2,145.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.