Cheap Apartments for Rent in the Shepherd Neighborhood of Chattanooga, TN from $500 (28 Rentals)

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

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New Castle Apartments
Studio to 2 Bedroom Apartments

New Castle Apartments

5700 Roper StEast Ridge, TN 37412
  • Utilities Included

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Shepherd, Chattanooga, TN Local Guide

Cheapest Available Shepherd Apartments for Rent

 

The cheapest available apartment rental in the Shepherd area of Chattanooga, TN is a 1 Bed unit found at Lily Grace South priced from $899. The Grove at Hickory Valley has the second lowest priced unit, which is a Studio apartment currently listed from $899. Here are the most affordable Shepherd apartments for rent in Chattanooga, TN:

Apartment ListingModel NameBed/BathPriced From
Lily Grace SouthOne Bedroom1BR,1BA$899
The Grove at Hickory Valley0x1SStudio,1BA$899
Spring Creek Gardens1 Bedroom 1 Bath Home with 611 Square Feet of L...1BR,1BA$900
MAA HamiltonThe HibiscusStudio,1BA$913
Park Ridge ApartmentsCozy 1 Bed 1 Bathroom Apartment1BR,1BA$924
East Ridge Village1 Bedroom 1 Home with 600 Square Feet of Living...1BR,1BA$925
Park Village ApartmentsOne Bedroom1BR,1BA$972
Arden Landing Apartments1 Bedroom, 1 Bathroom1BR,1BA$995
Bridgeway Chattanooga Apartment HomesBlackBurn1BR,1BA$1,025
MAA Heritage ParkThe Birch1BR,1BA$1,028

Best Value Apartments for Rent in Shepherd, TN

As of September 15, 2025 the best value apartment in the Shepherd area is the $1.25 price per square foot Hamilton Model at Cannondale Court in the in the Marimont neighborhood starting from $1,995. The second greatest value Shepherd apartment is the 1319 Stratton Place Dr Model at 1319 Stratton Place Dr, Unit A starting at $1,800 with a $1.20 price per square foot in the Marimont neighborhood. Here is today’s list of the best values for Shepherd apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cannondale CourtHamilton3BR,2.5BA$1.25
1319 Stratton Place Dr, Unit A1319 Stratton Place Dr3BR,2.5BA$1.20
Parc 1346Three bedroom3BR,2BA$1.35
Glen Ridge Townhomes2 bed 1.5 bath2BR,1.5BA$1.00
Monarch Apartments2B2BR,2BA$1.22
Dogwood Place ApartmentsWonderful 2 Bedroom Apartment2BR,1BA$1.14
Ledford at Hamilton PlaceB12BR,1.5BA$1.37
The ShallowfordThe Amberley (A1)1BR,1BA$1.42
Arden Landing Apartments1 Bedroom, 1 Bathroom1BR,1BA$1.42
MAA Heritage ParkThe Birch1BR,1BA$1.47

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Pet Friendly Lifestyle
Shepherd, Chattanooga, TN

Ranked #34

Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Shepherd, Chattanooga, TN

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com works hard to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Shepherd, Chattanooga, and the greater Chattanooga area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, pet-friendly features, places that make kids happy, proximity to transit, 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 Shepherd Apartments

What is the Cheapest Studio apartment in Shepherd?

Currently the most affordable Cheap Studio Apartment in Shepherd is at The Grove at Hickory Valley listed at $899.

How much is rent for a Cheap One Bedroom Shepherd Apartment?

The lowest price for a Cheap One Bedroom Shepherd Apartment is $899 at Lily Grace South.

What is the lowest price for a Cheap Two Bedroom Shepherd Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Shepherd is starting from $1,000 at Spring Creek Gardens.

What is the most affordable Shepherd Three Bedroom Apartment?

The best deal on a cheap Shepherd Three Bedroom Apartment rental is at Dogwood Place Apartments and starts from $1,134.

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.

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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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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.