Cheap Homes for Rent in the Shepherd Neighborhood of Chattanooga, TN from $800 (21 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

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property at 33 Rawlings Ln

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

33 Rawlings Ln

RossvilleGA30741
property at 25 Rawlings Ln

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

25 Rawlings Ln

RossvilleGA30741

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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property at 3408 Jones St

$1,250

2 Bedroom Rentals

Available Now

3408 Jones St

ChattanoogaTN37411

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Showing Results 1-21, 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 Studio unit found at GoodHomes Chattanooga priced from $800. The Grove at Hickory Valley has the second lowest priced unit, which is a Studio apartment currently listed from $825. Here are the most affordable Shepherd apartments for rent in Chattanooga, TN:

Apartment ListingModel NameBed/BathPriced From
GoodHomes ChattanoogaLIMITED-TIME SPECIAL! Ask me how to waive your ...Studio,1BA$800
The Grove at Hickory Valley0x1SStudio,1BA$825
Lily Grace South1 Bed 1 Bath1BR,1BA$899
Park Ridge ApartmentsWonderful 1 Bedroom1BR,1BA$924
Spring Creek Gardens1 Bedroom 1 Bath Home with 611 Square Feet of L...1BR,1BA$925

Best Value Apartments for Rent in Shepherd, TN

As of July 30, 2026 the best value apartment in the Shepherd area is the $1.15 price per square foot Hamilton Model at Cannondale Court in the in the Marimont neighborhood starting from $1,843. The second greatest value Shepherd apartment is the Two Bedroom Two + Half Bathroom Townhome Model at Revere at Hamilton Place starting at $1,469 with a $1.05 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$1.15
Revere at Hamilton PlaceTwo Bedroom Two + Half Bathroom Townhome2BR,2.5BA$1.05
Parc 1346Three bedroom3BR,2BA$1.20
The Collection WiltshireEberly3BR,2.5BA$1.38
Ashford Villas Apartment HomesThe Sarfino2BR,2BA$1.27
MAA Heritage ParkThe Willow2BR,2BA$1.08
Dogwood Place2 Bed, 2 Bath 60%2BR,2BA$1.07
Reserve at CreeksideOne Bedroom - Classic1BR,1BA$1.44
Arden Landing Apartments1 Bedroom, 1 Bathroom1BR,1BA$1.46
Lily Grace South1 Bed 1 Bath1BR,1BA$1.50

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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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

3.5
Pet Friendly

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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 77 Apartments for Rent in Shepherd, TN with pricing that ranges from $749 to $2,495. There are also 84 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 $1,714.

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 $1,096 to $2,495, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,295 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,975 and Four Bedroom Apartments start at $1,395.

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.