Cheap Apartments for Rent near Lookout Mountain, TN from $600 (49 Rentals)

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

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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5209 Saint Elmo Ave, Unit 2
$1,050
Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050
1 Bedroom Apartment Available Aug 1

5209 Saint Elmo Ave, Unit 2

5209 Saint Elmo AveChattanooga, TN 37409
Affordability

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.

property at 258 Burnt Mill Rd

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1 Bath Home for Rent

Available Now

258 Burnt Mill Rd

FlintstoneGA30725

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.

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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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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Lookout Mountain, TN Local Guide

Cheapest Available Lookout Mountain Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lookout Mountain, TN is a 1 Bed unit found at The Highlands Apartments in the East Lake neighborhood priced from $830. The Overlook Apartments in the St. Elmo neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $838. Here is today’s list of the most affordable Lookout Mountain apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Highlands Apartments1 Bed, 1 bath1BR,1BA$830
The Overlook ApartmentsStudioStudio,1BA$838
Tomorrow Building at Patten ParkwayEssential FloorplanStudio,1BA$899
The View at Mission RidgeOne Bedroom1BR,1BA$900
Passenger FlatsStudio WestStudio,1BA$909
Woodland Apartments1 Bedroom1BR,1BA$950
The Ridge ApartmentsOne Bedroom1BR,1BA$950
Gateway at Rossville2bd2ba2BR,2BA$1,037
The Fleetwood Building0BR/1.0BAStudio,1BA$1,045
2 Bed/1.5 Bath Apartment-Rossville, GA2BR/1.5BA2BR,1BA$1,049

Best Value Apartments for Rent in Lookout Mountain, TN and Nearby

As of July 09, 2026 the best value apartment in the Lookout Mountain area is the $1.24 price per square foot Valley Model at Valley Ridge in the in the St. Elmo neighborhood starting from $2,188. The second greatest value Lookout Mountain apartment is the 3x1-1257 Model at Grey Parc of Rossville starting at $1,110 with a $0.88 price per square foot in the East Lake neighborhood. Here is today’s list of the best values for Lookout Mountain apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Valley RidgeValley4BR,2BA$1.24
Grey Parc of Rossville3x1-12573BR,1BA$0.88
Campus Walk3BR/3BA - C13BR,3BA$0.60
The Highlands Apartments3 Beds, 2 baths3BR,2BA$1.17
Woodland Apartments2br/2ba2BR,2BA$1.19
Gateway at Rossville2bd2ba2BR,2BA$0.98
Burnside1BR/1.0BA1BR,1BA$1.22
2 Bed/1.5 Bath Apartment-Rossville, GA2BR/1.5BA2BR,1BA$1.17
Southside FlatsA1 - 1 Bedroom1BR,1BA$1.43
The View at Mission RidgeOne Bedroom1BR,1BA$1.44

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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Quick Rent Budget Calculator

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

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Frequently Asked Questions about Cheap Lookout Mountain Apartments

What is the Cheapest Studio apartment in Lookout Mountain?

Currently the most affordable Cheap Studio Apartment in Lookout Mountain is at The Overlook Apartments listed at $838.

How much is rent for a Cheap One Bedroom Lookout Mountain Apartment?

The lowest price for a Cheap One Bedroom Lookout Mountain Apartment is $830 at The Highlands Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lookout Mountain is starting from $899 at Grey Parc of Rossville.

What is the most affordable Lookout Mountain Three Bedroom Apartment?

The best deal on a cheap Lookout Mountain Three Bedroom Apartment rental is at Grey Parc of Rossville and starts from $1,110.

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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.