
Cheap Homes for Rent in Prairie Peninsula Neighborhood of Hixson, TN from $1,700 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Prairie Peninsula area of Hixson.


7342 Valley Ln
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
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825 S Valleywood Cir

1600 Lisa Lynn Dr
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6114 Sasha Ln
Prairie Peninsula, Hixson, TN Local Guide

How much does it cost to rent a home in Prairie Peninsula?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Prairie Peninsula 3 Bedroom Homes for Rent | $2,182 | $1,795 | $2,800 |
| Prairie Peninsula 4 Bedroom Homes for Rent | $2,700 | $2,700 | $2,700 |
Explore Hixson
Cheapest Available Prairie Peninsula Apartments for Rent
 The cheapest available apartment rental in the Prairie Peninsula area of Chattanooga, TN is a 1 Bed unit found at Compass Heights priced from $1,059. Lullwater at Big Ridge has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,427. Here are the most affordable Prairie Peninsula apartments for rent in Chattanooga, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Compass Heights | A1 | 1BR,1BA | $1,059 |
| Lullwater at Big Ridge | Magnolia | 1BR,1BA | $1,427 |
| Riverstone Apartments | Sunrise | 2BR,2BA | $1,587 |
Best Value Apartments for Rent in Prairie Peninsula, TN
As of May 24, 2026 the best value apartment in the Prairie Peninsula area is the $1.36 price per square foot River Model at Cottages at Thrasher in the in the Valleybrook neighborhood starting from $2,781. The second greatest value Prairie Peninsula apartment is the Cumberland Rehab Model at Bluff View at Northside Apartments starting at $1,789 with a $1.19 price per square foot in the Valleybrook neighborhood. Here is today’s list of the best values for Prairie Peninsula apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cottages at Thrasher | River | 4BR,2.5BA | $1.36 |
| Bluff View at Northside Apartments | Cumberland Rehab | 2BR,2.5BA | $1.19 |
| Riverstone Apartments | Brook | 3BR,2BA | $1.31 |
| Lullwater at Big Ridge | Magnolia | 1BR,1BA | $1.31 |
| Compass Heights | A1 | 1BR,1BA | $1.41 |
Frequently Asked Questions about Prairie Peninsula
What type of rentals are currently available in Prairie Peninsula?
There are currently 10 Apartments for Rent in Prairie Peninsula, TN with pricing that ranges from $1,179 to $3,142. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prairie Peninsula ranging from $1,795 to $2,800.
What is the current price range for Rental Homes in Prairie Peninsula?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Prairie Peninsula ranges from $1,795 to $2,800 with an average monthly rent of $2,441.
How much are larger Three and Four Bedroom Rentals in Prairie Peninsula?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Prairie Peninsula range from $1,781 to $2,780, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,795 to $2,800. Four Bedroom Single-Family rentals are also available starting from $2,700 and Four Bedroom Apartments start at $2,781.
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

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.

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.

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.

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.