Cheap Homes for Rent in St. Elmo Neighborhood of Chattanooga, TN from $1,200 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the St. Elmo area of Chattanooga.

1205 W 50th St
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.

4508 Balcomb St

3813 Pennsylvania Ave
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.
St. Elmo, Chattanooga, TN Local Guide

How much does it cost to rent a home in St. Elmo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| St. Elmo 2 Bedroom Homes for Rent | $1,597 | $1,295 | $1,900 |
| St. Elmo 3 Bedroom Homes for Rent | $1,450 | $1,450 | $1,450 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 4 mile radius of the St. Elmo Neighborhood of Chattanooga, TN.
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St. Elmo, Chattanooga, TN Local Guide
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Cheapest Available St. Elmo Apartments for Rent
 The cheapest available apartment rental in the St. Elmo area of Chattanooga, TN is a 2 Beds unit found at 863 McCallie Ave priced from $500. The View at Mission Ridge has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here are the most affordable St. Elmo apartments for rent in Chattanooga, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 863 McCallie Ave | 2 Bedroom | 2BR,1BA | $500 |
| The View at Mission Ridge | Studio | Studio,1BA | $700 |
| 821 Vine St | Private Bedroom | 2BR,1BA | $700 |
Best Value Apartments for Rent in St. Elmo, TN
As of November 30, 2025 the best value apartment in the St. Elmo area is the $1.17 price per square foot Georgia Model at Valley Ridge in the in the St. Elmo neighborhood starting from $2,246. The second greatest value St. Elmo apartment is the 3BR/3BA - C1 Model at Douglas Heights starting at $709 with a $0.60 price per square foot in the St. Elmo neighborhood. Here is today’s list of the best values for St. Elmo apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Valley Ridge | Georgia | 4BR,2.5BA | $1.17 |
| Douglas Heights | 3BR/3BA - C1 | 3BR,3BA | $0.60 |
| The Reserve at Mountain Pass | 2 Bedroom Two Bathroom | 2BR,2BA | $1.12 |
| 863 McCallie Ave | 3 Bedroom | 3BR,1BA | $1.45 |
| 821 Vine St | 2 Bed/1 Bath | 2BR,1BA | $1.35 |
| 2 Bed/1.5 Bath Apartment-Rossville, GA | 2BR/1.5BA | 2BR,1BA | $1.22 |
| Burnside | 1BR/1.0BA | 1BR,1BA | $1.26 |
| Vue on 5th | Two-Bedroom/2-Bath | 2BR,2BA | $1.28 |
| Southside Flats | A1 - 1 Bedroom | 1BR,1BA | $1.43 |
| Woodland Apartments | 1 Bedroom | 1BR,1BA | $1.14 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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 LifestyleSt. Elmo, Chattanooga, TN
Ranked #6
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about St. Elmo
What type of rentals are currently available in St. Elmo?
There are currently 48 Apartments for Rent in St. Elmo, TN with pricing that ranges from $500 to $10,000. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in St. Elmo ranging from $1,295 to $1,900.
What is the current price range for Rental Homes in St. Elmo?
Today's rental pricing for Homes for Rent, Condos and Townhomes in St. Elmo ranges from $1,295 to $1,900 with an average monthly rent of $1,523.
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.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.


