
Cheap Homes for Rent in the Red Bank Neighborhood of Chattanooga, TN from $800 (27 Rentals)
Search the lowest-cost Homes available for rent right now in the Red Bank area of Chattanooga.


145 Hendricks Blvd

103 Vreeland St

210 Hendricks Blvd

800 Lullwater Rd

139 Hendricks Blvd, Unit 6
Chattanooga's Best Affordable Neighborhoods
Learn about Chattanooga and the best places to live with original content written by our Local Expert Catrina Cowart

4683 Cary Ln

133 W Ridgewood Ave, Unit 139

225 Cliftview Dr

112 Sweetland Dr

3966 N Quail Ln

2845 Dayton Blvd, Unit 13
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2845 Dayton Blvd, Unit 1

154 Goodson Ave, Unit 2B

2845 Dayton Blvd, Unit 10

2827 Dayton Blvd, Unit 6

407 Colville St

900 Mountain Creek Rd
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190 E Leawood Ave, Unit 190B

997 W Elmwood Dr

1710 Ichabod Ln, Unit B

708 Old Dallas Rd, Unit Ground Floor

1080 E Elmwood Dr

109 Signal View St
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3983 N Quail Ln, Unit 3883

4809 Brighton Ln

323 W Midvale Ave
Red Bank, Chattanooga, TN Local Guide

How much does it cost to rent a home in Red Bank?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Red Bank 2 Bedroom Homes for Rent | $1,528 | $895 | $2,350 |
| Red Bank 3 Bedroom Homes for Rent | $2,108 | $1,450 | $2,900 |
| Red Bank 4 Bedroom Homes for Rent | $2,778 | $1,995 | $4,950 |
| Red Bank 5 Bedroom Homes for Rent | $2,995 | $2,995 | $2,995 |
Browse Homes for Rent in this Neighborhood
There are currently 27 rentals with your search options within a 2 mile radius of the Red Bank Neighborhood of Chattanooga, TN.
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Red Bank, Chattanooga, TN Local Guide
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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 $849. Terra at Ashley has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here are the most affordable Red Bank apartments for rent in Chattanooga, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| River Hills Flats | Studio Renovated | Studio,1BA | $849 |
| Terra at Ashley | A1 | 1BR,1BA | $899 |
| Windsor Village Apartments | 1BR/1BA | 1BR,1BA | $900 |
| Midvale Heights | 1 Bedroom 1 Bathroom A | 1BR,1BA | $950 |
| Midtown Square Apartments, Chattanooga | The Willow 1x1 | 1BR,1BA | $950 |
| Wendelia | 2 Beds, 1 Baths | 2BR,1BA | $975 |
| River City North | 3 Bedroom | 3BR,2BA | $977 |
| Sunset Rock Apartments | 1BR/1.0BA | 1BR,1BA | $1,050 |
| The Oaks at Northshore | 1x1tri | 1BR,1BA | $1,080 |
| Willow Creek Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $1,081 |
Best Value Apartments for Rent in Red Bank, TN
As of July 29, 2026 the best value apartment in the Red Bank area is the $1.29 price per square foot 3 x 1.5 TH Pinehurst II Model at Ivy Terrace in the in the Mountain Creek neighborhood starting from $1,855. The second greatest value Red Bank apartment is the Finley Model at Trails of Signal Mountain starting at $1,149 with a $0.82 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. |
|---|---|---|---|
| Ivy Terrace | 3 x 1.5 TH Pinehurst II | 3BR,1.5BA | $1.29 |
| Trails of Signal Mountain | Finley | 2BR,2BA | $0.82 |
| River City North | 3 Bedroom | 3BR,2BA | $0.82 |
| Indigo | Jasper | 2BR,2BA | $1.30 |
| MAA Windridge | The Azalea | 1BR,1BA | $1.12 |
| Reserve at Red Bank | 2 x 2 R | 2BR,2BA | $1.11 |
| Wendelia | 2 Beds, 1 Baths | 2BR,1BA | $0.98 |
| Kate's View | 2 Bedroom | 2BR,1BA | $1.28 |
| Midvale Heights | 1 Bedroom 1 Bathroom B | 1BR,1BA | $1.15 |
| Terra at Ashley | A1 | 1BR,1BA | $1.28 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
Best Local Schools in Red Bank, Chattanooga, TN
School data provided by Great Schools
Frequently Asked Questions about Red Bank
What type of rentals are currently available in Red Bank?
There are currently 106 Apartments for Rent in Red Bank, TN with pricing that ranges from $695 to $2,500. There are also 67 Single Family Homes for rent, Condos, and Townhome rentals currently available in Red Bank ranging from $850 to $4,950.
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 $850 to $4,950 with an average monthly rent of $2,205.
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 $977 to $2,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $2,900. Four Bedroom Single-Family rentals are also available starting from $1,995 and Four Bedroom Apartments start at $2,025.
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

Top Neighborhoods to Rent Near Major Colleges and Universities in Chattanooga, TN
Written by: Catrina Cowart
Chattanooga is the home to many different universities, including the University of Tennessee at Chattanooga, Chattanooga State Community College, Southern Adventist University, Covenant College, and Richmont Graduate University.

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.