
Cheap Homes for Rent in the Shepherd Neighborhood of Chattanooga, TN from $825 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Shepherd area of Chattanooga.


4816 Tomahawk Trail, Unit B

4706 Midland Pike

65 El Fredda Ln

1309 Labrea Dr, Unit B

1113 Jarvis Ave
Chattanooga's Best Affordable Neighborhoods
Learn about Chattanooga and the best places to live with original content written by our Local Expert Catrina Cowart

Furnished Studio-Chattanooga - Airport

4718 Arrowhead Trail

1438 Vance Rd, Unit C-1

1204 Tunnel Blvd

1112 S St Marks Ave

5364 Haisten Ct
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Shepherd, Chattanooga, TN Local Guide

How much does it cost to rent a home in Shepherd?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shepherd 2 Bedroom Homes for Rent | $1,456 | $1,000 | $2,650 |
| Shepherd 3 Bedroom Homes for Rent | $1,839 | $1,275 | $2,700 |
| Shepherd 4 Bedroom Homes for Rent | $2,596 | $1,895 | $3,900 |
| Shepherd 5 Bedroom Homes for Rent | $1,850 | $1,850 | $1,850 |
Browse Homes for Rent in this Neighborhood
There are currently 12 rentals with your search options within a 3 mile radius of the Shepherd Neighborhood of Chattanooga, TN.
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Shepherd, Chattanooga, TN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| GoodHomes Chattanooga | GoodHomes Chattanooga - LIMITED-TIME SPECIAL! A... | Studio,1BA | $800 |
| Newcastle Apartments | 1 Bed 1 Bath E | 1BR,1BA | $899 |
| Lily Grace South | 1 Bed 1 Bath | 1BR,1BA | $899 |
| MAA Hamilton | The Dahlia | Studio,1BA | $918 |
| MAA Heritage Park | The Birch | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Collection at Wiltshire | Kingsbridge | 3BR,2.5BA | $1.39 |
| Cannondale Court | Audubon | 3BR,2.5BA | $1.12 |
| Revere at Hamilton Place | Two Bedroom Two + Half Bathroom Townhome | 2BR,2.5BA | $1.07 |
| Parc 1346 | Three bedroom | 3BR,2BA | $1.20 |
| Dogwood Place | 2 bed, 1 Bath 60% | 2BR,1BA | $1.12 |
| The Haven at Commons Park | 1A | 1BR,1BA | $1.49 |
| Equinox at Midtown | Knox - 1 Bed1 Bath | 1BR,1BA | $1.39 |
| Arden Landing Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.42 |
| MAA Heritage Park | The Birch | 1BR,1BA | $1.32 |
| Newcastle Apartments | 1 Bed 1 Bath E | 1BR,1BA | $1.42 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleShepherd, Chattanooga, TN
Ranked #37
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Shepherd, Chattanooga, TN
Spring Creek Elementary School
School data provided by Great Schools
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

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.

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.

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.

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.