Cheap Apartments for Rent in the South Chattanooga Neighborhood of Chattanooga, TN from $500 (28 Rentals)

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Search the lowest-cost Apartments available for rent right now in the South Chattanooga area of Chattanooga.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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.

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St Elmo
Studio to 2 Bedroom Apartments

St Elmo

4625 Saint Elmo AveChattanooga, TN 37409
Senior Living
  • Utilities Included
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Stone Ridge Park
1 to 3 Bedroom Apartments

Stone Ridge Park

1020 W 37th StChattanooga, TN 37410

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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Showing Results 1-28, Page 1 of 1

South Chattanooga, Chattanooga, TN Local Guide

Cheapest Available South Chattanooga Apartments for Rent

 

The cheapest available apartment rental in the South Chattanooga area of Chattanooga, TN is a 3 Beds unit found at The Reserve at Mountain Pass priced from $637. The Highlands Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $830. Here are the most affordable South Chattanooga apartments for rent in Chattanooga, TN:

Apartment ListingModel NameBed/BathPriced From
The Reserve at Mountain Pass3 Bedroom Two Bathroom3BR,2BA$637
The Highlands Apartments1 Bed, 1 bath1BR,1BA$830
The View at Mission RidgeOne Bedroom1BR,1BA$915
The Ridge ApartmentsOne Bedroom1BR,1BA$950
Borough 33 ApartmentsAddisonStudio,2BA$1,249
Siegel Select Chattanooga IIStudio LargeStudio,1BA$1,368
The Poplin2 Bedroom2BR,2BA$1,590

Best Value Apartments for Rent in South Chattanooga, TN

As of May 26, 2026 the best value apartment in the South Chattanooga area is the $0.51 price per square foot 3 Bedroom Two Bathroom Model at The Reserve at Mountain Pass in the in the East Lake neighborhood starting from $637. The second greatest value South Chattanooga apartment is the 3 Beds, 2 baths Model at The Highlands Apartments starting at $1,385 with a $1.17 price per square foot in the East Lake neighborhood. Here is today’s list of the best values for South Chattanooga apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Reserve at Mountain Pass3 Bedroom Two Bathroom3BR,2BA$0.51
The Highlands Apartments3 Beds, 2 baths3BR,2BA$1.17
The Poplin2 Bedroom2BR,2BA$1.59
5008 Alabama Ave, Unit 5008 Alabama5008 Alabama Ave1BR,1BA$1.58
The Ridge ApartmentsTwo Bedroom2BR,1BA$1.63
The View at Mission RidgeOne Bedroom1BR,1BA$1.46
Borough 33 ApartmentsAddisonStudio ,2BA$2.64
Siegel Select Chattanooga IIStudio LargeStudio ,1BA$4.64

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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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.

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Pet Friendly Lifestyle
South Chattanooga, Chattanooga, TN

Ranked #67

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap South Chattanooga Apartments

What is a cheap apartment in South Chattanooga?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Chattanooga is under $1,590.

What is the price of a cheap apartment in South Chattanooga?

The cheapest apartment in South Chattanooga is The Highlands Apartments which is listed at $830, while the average apartment in South Chattanooga costs $2,699.

What types of apartments are the cheapest in South Chattanooga?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 5 regular apartments in South Chattanooga that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in South Chattanooga?

Cheap apartments in South Chattanooga have an average cost of $967 which is $1,732 cheaper than the average rent for all rentals in South Chattanooga.

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 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.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.