Cheap Apartments for Rent in the Riverside Neighborhood of Chattanooga, TN from $400 (178 Rentals)

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

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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 Studio unit found at Lily Grace North priced from $675. River Hills Flats has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here are the most affordable Riverside apartments for rent in Chattanooga, TN:

Apartment ListingModel NameBed/BathPriced From
Lily Grace NorthStudioStudio,1BA$675
River Hills FlatsThe Creekside FlatStudio,1BA$699
The View at Mission RidgeStudioStudio,1BA$700
821 Vine StPrivate Bedroom2BR,1BA$700
404 Homes2 Bedroom2BR,1BA$800
MAA HamiltonThe RoseStudio,1BA$808
The Overlook ApartmentsStudioStudio,1BA$838
Terra at AshleyA11BR,1BA$849
The Beverly1BR/1BA1BR,1BA$850

Best Value Apartments for Rent in Riverside, TN

As of January 28, 2026 the best value apartment in the Riverside area is the $1.11 price per square foot Signal Model at Bluff View at Northside Apartments in the in the Valleybrook neighborhood starting from $1,551. The second greatest value Riverside apartment is the 3BR/3BA - C1 Model at Douglas Heights - Historical Access starting at $709 with a $0.60 price per square foot in the St. Elmo 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.
Bluff View at Northside ApartmentsSignal2BR,2.5BA$1.11
Douglas Heights - Historical Access3BR/3BA - C13BR,3BA$0.60
Glen Ridge Townhomes69422BR,2BA$1.13
The Reserve at Mountain Pass2 Bedroom Two Bathroom2BR,2BA$1.11
MAA Heritage ParkThe Willow2BR,2BA$1.03
821 Vine StPrivate Bedroom2BR,1BA$0.70
Chateau Royale Apartments1 Beds, 1 Baths1BR,1BA$1.05
22 W Ontario St, Unit 922 W Ontario St1BR,1BA$0.92
Dogwood Place ApartmentsWonderful 2 Bedroom Apartment2BR,1BA$1.09
Arbors at Signal MountainOne Bedroom1BR,1BA$0.98

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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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 $850.

What is the price of a cheap apartment in Riverside?

The cheapest apartment in Riverside is Terra at Ashley which is listed at $849, while the average apartment in Riverside costs $4,494.

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 27 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 $1,570 which is $2,924 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

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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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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.