Cheap Apartments for Rent in the Riverside Neighborhood of Chattanooga, TN from $400 (246 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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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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.

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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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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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Riverside, Chattanooga, TN Local Guide

Cheapest Available Riverside Apartments for Rent

 

The cheapest available apartment rental in the Riverside area of Chattanooga, TN is a 2 Beds unit found at The Reserve at Mountain Pass priced from $556. 821 Vine St has the second lowest priced unit, which is a 2 Beds apartment currently listed from $700. Here are the most affordable Riverside apartments for rent in Chattanooga, TN:

Apartment ListingModel NameBed/BathPriced From
The Reserve at Mountain Pass2 Bedroom Two Bathroom2BR,2BA$556
821 Vine StPrivate Bedroom2BR,1BA$700
Lily Grace NorthStudioStudio,1BA$749
The Highlands Apartments1 Bed, 1 bath1BR,1BA$830
The Overlook ApartmentsStudioStudio,1BA$838
The Oaks at Northshore0x1Studio,1BA$850
The Outpost1BR/1BA1BR,1BA$895
Tomorrow Building at Patten ParkwayEssential FloorplanStudio,1BA$899
Lily Grace South1 Bed 1 Bath1BR,1BA$899
Windsor Village Apartments1BR/1BA1BR,1BA$900

Best Value Apartments for Rent in Riverside, TN

As of May 05, 2026 the best value apartment in the Riverside area is the $0.88 price per square foot 2 Bedroom 1.5 Bathroom Model at Midvale Heights in the in the Mountain Creek neighborhood starting from $1,099. The second greatest value Riverside apartment is the C1 Renovated Model at Riverview North starting at $1,318 with a $1.05 price per square foot in the Mountain Creek neighborhood. Here is today’s list of the best values for Riverside apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Midvale Heights2 Bedroom 1.5 Bathroom2BR,1.5BA$0.88
Riverview NorthC1 Renovated3BR,2BA$1.05
River City North3 Bedroom3BR,2BA$0.81
The Highlands Apartments3 Beds, 2 baths3BR,2BA$1.17
Country Oaks2 Bedroom 1.5 Bathroom Townhome2BR,1.5BA$1.18
The Reserve at Mountain Pass2 Bedroom Two Bathroom2BR,2BA$0.51
821 Vine StPrivate Bedroom2BR,1BA$0.70
Northshore Flats2 x 1.52BR,1.5BA$1.19
Riverside North Apartment Homes2x12BR,1BA$1.08
Terra at AshleyB12BR,1BA$1.15

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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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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.

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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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Best Local Schools in
Riverside, 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 Chattanooga, Tennessee. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, transit availability, pet-friendly communities, family-friendly amenities, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Riverside Apartments

What is a cheap apartment in Riverside?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Riverside is under $900.

What is the price of a cheap apartment in Riverside?

The cheapest apartment in Riverside is The Highlands Apartments which is listed at $830, while the average apartment in Riverside costs $5,910.

What types of apartments are the cheapest in Riverside?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 46 regular apartments in Riverside that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Riverside?

Cheap apartments in Riverside have an average cost of $1,168 which is $4,742 cheaper than the average rent for all rentals in Riverside.

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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.