Cheap Homes for Rent in the Shepherd Neighborhood of Chattanooga, TN from $825 (12 Rentals)

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Search the lowest-cost Homes available for rent right now in the Shepherd 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

property at 1438 Vance Rd
$1,150

Total Monthly Price

Base Rent$1,150

Total Monthly Price$1,150
2 Bedroom, 1.5 Bath Townhome for Rent
Available Now
Affordability

1438 Vance Rd, Unit C-1

1438 Vance Rd
ChattanoogaTN37421
property at 5364 Haisten Ct
$1,200
2 Bedroom Rentals
Available Now
Affordability

5364 Haisten Ct

ChattanoogaTN37412

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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 Studio unit found at GoodHomes Chattanooga priced from $800. Newcastle Apartments 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 ChattanoogaGoodHomes Chattanooga - LIMITED-TIME SPECIAL! A...Studio,1BA$800
Newcastle Apartments1 Bed 1 Bath E1BR,1BA$899
Lily Grace South1 Bed 1 Bath1BR,1BA$899
MAA HamiltonThe DahliaStudio,1BA$918
MAA Heritage ParkThe Birch1BR,1BA$923

Best Value Apartments for Rent in Shepherd, TN

As of September 14, 2026 the best value apartment in the Shepherd area is the $1.39 price per square foot Kingsbridge Model at The Collection at Wiltshire in the in the Marimont neighborhood starting from $2,449. The second greatest value Shepherd apartment is the Audubon Model at Cannondale Court starting at $1,793 with a $1.12 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.
The Collection at WiltshireKingsbridge3BR,2.5BA$1.39
Cannondale CourtAudubon3BR,2.5BA$1.12
Revere at Hamilton PlaceTwo Bedroom Two + Half Bathroom Townhome2BR,2.5BA$1.07
Parc 1346Three bedroom3BR,2BA$1.20
Dogwood Place2 bed, 1 Bath 60%2BR,1BA$1.12
The Haven at Commons Park1A1BR,1BA$1.49
Equinox at MidtownKnox - 1 Bed1 Bath1BR,1BA$1.39
Arden Landing Apartments1 Bedroom, 1 Bathroom1BR,1BA$1.42
MAA Heritage ParkThe Birch1BR,1BA$1.32
Newcastle Apartments1 Bed 1 Bath E1BR,1BA$1.42

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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Pet Friendly Lifestyle
Shepherd, Chattanooga, TN

Ranked #37

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Shepherd

What type of rentals are currently available in Shepherd?

There are currently 79 Apartments for Rent in Shepherd, TN with pricing that ranges from $799 to $2,495. There are also 75 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shepherd ranging from $825 to $3,900.

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 $825 to $3,900 with an average monthly rent of $1,718.

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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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.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.