Cheap Apartments for Rent in Lakesite, TN from $600 (20 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lakesite.

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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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Lakesite, TN Local Guide

Cheapest Available Lakesite Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lakesite, TN is a Studio unit found at Lily Grace North in the East Chattanooga neighborhood priced from $675. Northtowne Village Apartment Homes in the Mile Straight neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $868. Here is today’s list of the most affordable Lakesite apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lily Grace NorthStudioStudio,1BA$675
Northtowne Village Apartment HomesA - The Cafe1BR,1BA$868
Ivy Terrace ApartmentsThe Ivy StudioStudio,1BA$880
Compass HeightsA11BR,1BA$919
River City North2x22BR,2BA$940

Best Value Apartments for Rent in Lakesite, TN and Nearby

As of July 14, 2025 the best value apartment in the Lakesite area is the $1.41 price per square foot Downing Model at Hartman Hill in the in the Mile Straight neighborhood starting from $2,800. The second greatest value Lakesite apartment is the Loden II - 2x2 Model at Oakwood Estates Apartment Homes by Callio Properties starting at $1,485 with a $1.21 price per square foot in the Mile Straight neighborhood. Here is today’s list of the best values for Lakesite apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hartman HillDowning4BR,3BA$1.41
Oakwood Estates Apartment Homes by Callio PropertiesLoden II - 2x22BR,2BA$1.21
Hawthorne at the SummitThe Coolidge2BR,2BA$1.45
Vandergriff Village Apartments by Callio Properties2x22BR,2BA$1.21
Country Oaks2 Bedroom 1.5 Bathroom2BR,1.5BA$1.29
River City North2x22BR,2BA$1.17
Haven Cross CreekC12BR,2BA$1.33
The Shoals at Chickamauga LakeA21BR,1BA$1.46
Compass HeightsA11BR,1BA$1.23
Northtowne Village Apartment HomesA - The Cafe1BR,1BA$1.24

Quick Rent Budget Calculator

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lakesite, TN Rentals by Map

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See the most popular apartments and homes in Lakesite, TN

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Getting Around Lakesite, TN

Walk Score®

45 / 100

Car-Dependent

Most errands require a car

Bike Score®

40 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Lakesite Apartments

What is the Cheapest Studio apartment in Lakesite?

Currently the most affordable Cheap Studio Apartment in Lakesite is at Lily Grace North listed at $675.

How much is rent for a Cheap One Bedroom Lakesite Apartment?

The lowest price for a Cheap One Bedroom Lakesite Apartment is $725 at Lily Grace North.

What is the lowest price for a Cheap Two Bedroom Lakesite Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lakesite is starting from $725 at Lily Grace North.

What is the most affordable Lakesite Three Bedroom Apartment?

The best deal on a cheap Lakesite Three Bedroom Apartment rental is at River City North and starts from $1,281.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.