
Cheap Apartments for Rent in the East Lake Neighborhood of Chattanooga, TN from $500 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the East Lake area of Chattanooga.

Chattanooga's Best Affordable Neighborhoods
Learn about Chattanooga and the best places to live with original content written by our Local Expert Catrina Cowart
East Lake, Chattanooga, TN Local Guide

How much does it cost to rent an apartment in East Lake?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
East Lake Studio Apartments | $1,259 | $1,105 | $1,383 |
East Lake 1 Bedroom Apartments | $1,323 | $850 | $1,775 |
East Lake 2 Bedroom Apartments | $1,275 | $1,070 | $2,069 |
East Lake 3 Bedroom Apartments | $1,479 | $1,199 | $1,800 |
East Lake 4 Bedroom Apartments | $1,799 | $1,699 | $1,899 |
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the East Lake Neighborhood of Chattanooga, TN.
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East Lake, Chattanooga, TN Local Guide
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Cheapest Available East Lake Apartments for Rent
 The cheapest available apartment rental in the East Lake area of Chattanooga, TN is a Studio unit found at Foundry Flats priced from $950. East Ridge Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here are the most affordable East Lake apartments for rent in Chattanooga, TN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Foundry Flats | 0BR/1.0BA | Studio,1BA | $950 |
East Ridge Village | 1 Bedroom 1 Home with 600 Square Feet of Living... | 1BR,1BA | $995 |
Borough 33 Apartments | Addison | Studio,1BA | $1,049 |
Best Value Apartments for Rent in East Lake, TN
As of March 28, 2025 the best value apartment in the East Lake area is the $1.03 price per square foot Birch Model at Veranda at the Ridge in the in the East Lake neighborhood starting from $1,299. The second greatest value East Lake apartment is the 2x2 Model at Sterling Heights Apartments by Callio Properties starting at $1,250 with a $1.09 price per square foot in the East Lake neighborhood. Here is today’s list of the best values for East Lake apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Veranda at the Ridge | Birch | 2BR,1.5BA | $1.03 |
Sterling Heights Apartments by Callio Properties | 2x2 | 2BR,2BA | $1.09 |
The Reserve at Mountain Pass | 2BR | 2BR,2BA | $1.01 |
Summit East Ridge | Cypress | 2BR,1BA | $1.12 |
Germantown Gardens | 1 Bedroom 1 Bath Home; 929 sq ft w/ w&d hook ups | 1BR,1BA | $1.24 |
Burnside | 1BR/1.0BA | 1BR,1BA | $1.32 |
Ridgeside Flats | 2 Bedrooms / 1 Bath | 2BR,1BA | $1.20 |
915 S Seminole Dr | 915 S Seminole Dr | 2BR,1BA | $1.22 |
East Ridge Flats and Townhomes | The Lookout | 2BR,1BA | $1.37 |
2412 E 14th St, Unit 3 | 2412 E 14th St | 1BR,1BA | $1.30 |
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Pet Friendly LifestyleEast Lake, Chattanooga, TN
Ranked #40
Among neighborhoods in Chattanooga, TN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap East Lake Apartments
What is the Cheapest Studio apartment in East Lake?
Currently the most affordable Cheap Studio Apartment in East Lake is at Foundry Flats listed at $950.
How much is rent for a Cheap One Bedroom East Lake Apartment?
The lowest price for a Cheap One Bedroom East Lake Apartment is $995 at East Ridge Village.
What is the lowest price for a Cheap Two Bedroom East Lake Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in East Lake is starting from $1,080 at Ridgeside Flats.
What is the most affordable East Lake Three Bedroom Apartment?
The best deal on a cheap East Lake Three Bedroom Apartment rental is at East Ridge Flats and Townhomes and starts from $1,199.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.