Cheap Apartments for Rent in the Riverside Neighborhood of Chattanooga, TN from $495 (168 Rentals)

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

Chattanooga's Best Affordable Neighborhoods

Learn about Chattanooga and the best places to live with original content written by our Local Expert Catrina Cowart

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Rent According to Income: A Look at Income-Restricted Rentals

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property at 2511 Wilder St
$875 - $900
1 To 2 Bedroom Rentals
Available Now
Affordability

2511 Wilder St

ChattanoogaTN37406

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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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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 1 Bed unit found at 821 Vine St priced from $775. Lily Grace North has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable Riverside apartments for rent in Chattanooga, TN:

Apartment ListingModel NameBed/BathPriced From
821 Vine StPrivate Bedroom1BR, 1BA$775
Lily Grace NorthStudioStudio, 1BA$799
The View at Midtown1BR/1.0BA1BR, 1BA$800
The Highlands Apartments1 Bed, 1 bath1BR, 1BA$830
The View at Mission RidgeStudioStudio, 1BA$850
River City North2 Bedroom2BR, 2BA$850
3301 Navajo1BR/1.0BA1BR, 1BA$850
River Hills FlatsStudioStudio, 1BA$874
404 HomesAmazing 1 Beds | 1 Baths | 340 Square Ft. studi...1BR, 1BA$889
The Overlook Apartments1 Bedroom 1 Bathroom1BR, 1BA$890

Best Value Apartments for Rent in Riverside, TN

As of September 18, 2026 the best value apartment in the Riverside area is the $1.11 price per square foot 3421 Betty Ln Model at 3421 Betty Ln, Unit 3421 Betty Lane in the East Lake neighborhood starting from $1,990. The second greatest value Riverside apartment is the Three bedroom Model at Parc 1346 in the Marimont neighborhood starting at $1,587 with a $1.14 price per square foot. 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.
3421 Betty Ln, Unit 3421 Betty Lane3421 Betty Ln3BR, 2.5BA$1.11
Parc 1346Three bedroom3BR, 2BA$1.14
Riverview NorthC1 Renovated3BR, 2BA$1.17
Reserve at Red Bank2 x 2 R2BR, 2BA$1.14
821 Vine StPrivate Bedroom1BR, 1BA$0.78
River City North2 Bedroom2BR, 2BA$0.86
Dogwood Place2 bed, 1 Bath 60%2BR, 1BA$1.12
Ridgeside Flats2 Bedroom / 1 Bath2BR, 1BA$1.00
Campus Walk2BR/2BA - B12BR, 2BA$1.08
The View at Midtown1BR/1.0BA1BR, 1BA$1.14

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real 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.

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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 $890.

What is the price of a cheap apartment in Riverside?

The cheapest apartment in Riverside is 821 Vine St which is listed at $775, while the average apartment in Riverside costs $1,374.

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 66 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 $998 which is $376 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 Top Neighborhoods to Rent Near Major Colleges and Universities in Chattanooga, TN article

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.

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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.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.