Cheap Apartments for Rent near Lookout Mountain, TN from $649 (48 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 5317 Lee Ave

$875

2 Bedroom Rentals

Available Now

5317 Lee Ave

ChattanoogaTN37410

Chattanooga's Best Affordable Neighborhoods

Learn about Chattanooga and the best places to live with original content written by our Local Expert Catrina Cowart

Read Article
close
View Me
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 Now

5209 Saint Elmo Ave, Unit 2

5209 Saint Elmo AveChattanooga, TN 37409
Affordability

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Read Article

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.

Read Article
close
View Me
St Elmo
Studio to 2 Bedroom Apartments

St Elmo

4625 Saint Elmo AveChattanooga, TN 37409
Senior Living
  • Utilities Included

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Read Article
property at 3816 Fagan St

$995

2 Bedroom Rentals

Available Now

3816 Fagan St

ChattanoogaTN37410
close
View Me
Stone Ridge Park
1 to 3 Bedroom Apartments

Stone Ridge Park

1020 W 37th StChattanooga, TN 37410
close
View Me
Lindsay 414
Studio to 2 Bedroom Apartments

Lindsay 414

414 Lindsay StChattanooga, TN 37403
Senior Living
  • Utilities Included

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.

Read Article
Showing Results 1-48, Page 1 of 1

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 1 Bed apartment currently listed from $890. 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 Apartments1 Bedroom 1 Bathroom1BR,1BA$890
The View at Mission RidgeOne Bedroom1BR,1BA$900
Passenger FlatsStudio WestStudio,1BA$909
Woodland Apartments1 Bedroom1BR,1BA$950
The Ridge ApartmentsOne Bedroom1BR,1BA$950
Eight59 Flats - Downtown ChattanoogaStudio - 349 - Eight59Studio,1BA$999
8th Street ApartmentsS1Studio,1BA$1,025
Gateway at Rossville2bd2ba2BR,2BA$1,037
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 August 24, 2026 the best value apartment in the Lookout Mountain area is the $1.22 price per square foot Valley Model at Valley Ridge in the in the St. Elmo neighborhood starting from $2,150. The second greatest value Lookout Mountain 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 Lookout Mountain apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Valley RidgeValley4BR,2BA$1.22
The Highlands Apartments3 Beds, 2 baths3BR,2BA$1.17
Woodland Apartments2br/2ba2BR,2BA$1.19
Gateway at Rossville2bd2ba2BR,2BA$0.98
The Fleetwood Building1BR/1.0BA1BR,1BA$1.33
Burnside1BR/1.0BA1BR,1BA$1.26
2 Bed/1.5 Bath Apartment-Rossville, GA2BR/1.5BA2BR,1BA$1.17
Southside FlatsA1 - 1 Bedroom1BR,1BA$1.43
Campus Walk2BR/2BA - B12BR,2BA$1.08
5209 Saint Elmo Ave, Unit 25209 Saint Elmo Ave1BR,1BA$1.40

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 Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

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

Explore Lookout Mountain, TN Rentals by Map

Decorative image of map

See the most popular apartments and homes in Lookout Mountain, TN

View Map
Lookout Mountain, TN Apartments Map
View Map
Lookout Mountain, TN Rental Homes Map

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 Passenger Flats listed at $909.

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 $985 at The Highlands Apartments.

What is the most affordable Lookout Mountain Three Bedroom Apartment?

The best deal on a cheap Lookout Mountain Three Bedroom Apartment rental is at The Ridge Apartments and starts from $1,200.

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 Top Neighborhoods to Rent Near Major Colleges and Universities in Chattanooga, TN article

Top Neighborhoods to Rent Near Major Colleges and Universities in Chattanooga, TN

Written by: Catrina Cowart

Chattanooga is the home to many different universities, including the University of Tennessee at Chattanooga, Chattanooga State Community College, Southern Adventist University, Covenant College, and Richmont Graduate University.

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.