Cheap Homes for Rent in Shepherd Neighborhood of Chattanooga, TN from $700 (7 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.

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.

Read Article

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.

Read Article
Showing Results 1-7, Page 1 of 1

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

Best Value Apartments for Rent in Shepherd, TN

As of September 12, 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 Three bedroom Model at Parc 1346 starting at $1,885 with a $1.35 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
Parc 1346Three bedroom3BR,2BA$1.35
Glen Ridge Townhomes2 bed 1.5 bath2BR,1.5BA$1.00
Monarch Apartments2B2BR,2BA$1.25
MAA Heritage ParkThe Willow2BR,2BA$1.17
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
Spring Creek Gardens1 Bedroom 1 Bath Home with 611 Square Feet of L...1BR,1BA$1.47

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

Pet Friendly Lifestyle
Shepherd, Chattanooga, TN

Ranked #31

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Best Local Schools in
Shepherd, Chattanooga, TN

School data provided by Great Schools

Frequently Asked Questions about Shepherd

What type of rentals are currently available in Shepherd?

There are currently 81 Apartments for Rent in Shepherd, TN with pricing that ranges from $649 to $5,900. There are also 60 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shepherd ranging from $795 to $2,550.

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 $795 to $2,550 with an average monthly rent of $1,606.

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

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.