Cheap Homes for Rent in Shepherd Neighborhood of Chattanooga, TN from $800 (15 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

property at 1022 Givens Rd

1022 Givens Rd

ChattanoogaTN37421

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.

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.

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 Studio unit found at GoodHomes Chattanooga priced from $795. Lily Grace South has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here are the most affordable Shepherd apartments for rent in Chattanooga, TN:

Apartment ListingModel NameBed/BathPriced From
GoodHomes ChattanoogaStudioStudio,1BA$795
Lily Grace SouthOne Bedroom1BR,1BA$899
Park Ridge ApartmentsCozy 1 Bed 1 Bathroom Apartment1BR,1BA$924
East Ridge Village1 Bedroom 1 Home with 600 Square Feet of Living...1BR,1BA$1,025
The Grove at Hickory Valley1x1A1BR,1BA$1,040

Best Value Apartments for Rent in Shepherd, TN

As of May 28, 2025 the best value apartment in the Shepherd area is the $1.28 price per square foot Audubon Model at Cannondale Court in the in the Marimont neighborhood starting from $2,050. The second greatest value Shepherd apartment is the 2 Bed 2.5 Bath Model at Glen Ridge Townhomes starting at $1,500 with a $1.11 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 CourtAudubon3BR,2.5BA$1.28
Glen Ridge Townhomes2 Bed 2.5 Bath2BR,2.5BA$1.11
MAA Heritage ParkThe Willow2BR,2BA$1.13
District at Hamilton PlaceWhite Dogwood2BR,2BA$1.38
Dogwood Place ApartmentsWonderful 2 Bedroom Apartment2BR,1BA$1.43
The ShallowfordThe Ashford (A2)1BR,1BA$1.51
Parc 1346One Bedroom1BR,1BA$1.40
Revere at Hamilton PlaceOne Bedroom One Bathroom1BR,1BA$1.50
Ledford at Hamilton PlaceA11BR,1BA$1.47
Lily Grace SouthOne Bedroom1BR,1BA$1.50

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Shepherd

What type of rentals are currently available in Shepherd?

There are currently 78 Apartments for Rent in Shepherd, TN with pricing that ranges from $649 to $3,880. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shepherd ranging from $875 to $2,900.

What is the current price range for Rental Homes in Shepherd?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Shepherd ranges from $875 to $2,900 with an average monthly rent of $1,529.

How much are larger Three and Four Bedroom Rentals in Shepherd?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Shepherd range from $1,095 to $3,880, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $2,900. Four Bedroom Single-Family rentals are also available starting from $1,695 and Four Bedroom Apartments start at $2,195.

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.

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.