Cheap Apartments for Rent in the East Lake Neighborhood of Chattanooga, TN from $500 (44 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
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 the East Lake area of Chattanooga.

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.

Read Article

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article
close
View Me
Highlands Apartments
1 to 3 Bedroom Apartments

Highlands Apartments

2001 S Lyerly StChattanooga, TN 37404
  • Utilities Included
close
View Me
Chateau Royale West
1 to 3 Bedroom Apartments

Chateau Royale West

25 S Germantown RdChattanooga, TN 37411
close
View Me
Montview Apartments
1 to 2 Bedroom Apartments

Montview Apartments

30 Tunnel BlvdChattanooga, TN 37411
  • Utilities Included

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Read Article
close
View Me
Foundry Flats
Studio to 1 Bedroom Apartments

Foundry Flats

410 W 25th StChattanooga, TN 37408
close
View Me
The Oaks at Midtown
1 to 2 Bedroom Apartments

The Oaks at Midtown

205 Dellwood PlChattanooga, TN 37411
  • Utilities Included

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
Showing Results 1-44, Page 1 of 1

East Lake, Chattanooga, TN Local Guide

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. Summit East Ridge has the second lowest priced unit, which is a 1 Bed apartment currently listed from $975. Here are the most affordable East Lake apartments for rent in Chattanooga, TN:

Apartment ListingModel NameBed/BathPriced From
Foundry Flats0BR/1.0BAStudio,1BA$950
Summit East RidgeMagnolia1BR,1BA$975
East Ridge Flats and TownhomesThe Lookout2BR,1BA$999
Sterling Heights Apartments by Callio Properties1x11BR,1BA$1,000
East Ridge Village1 Bedroom 1 Home with 600 Square Feet of Living...1BR,1BA$1,025
Borough 33 ApartmentsAddisonStudio,1BA$1,049
Ridgeside Flats2 Bedroom / 1 Bath2BR,1BA$1,080
The Reserve at Mountain Pass2BR2BR,2BA$1,098
East Line Apartments - Live on Main StreetLive on Chattanooga's Trendy Southside!1BR,1BA$1,105
Germantown Gardens1 Bedroom 1 Bath Home; 929 sq ft1BR,1BA$1,150

Best Value Apartments for Rent in East Lake, TN

As of May 13, 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 3 Bedroom 2 Bath with 1260 Sq. Ft. W/D Connections Model at Sweetbay Apartments starting at $1,600 with a $1.27 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Veranda at the RidgeBirch2BR,1.5BA$1.03
Sweetbay Apartments3 Bedroom 2 Bath with 1260 Sq. Ft. W/D Connections3BR,2BA$1.27
The Reserve at Mountain Pass2BR2BR,2BA$1.01
Stylish Units in the Heart of Highland ParkFourth2BR,2BA$1.78
Germantown Gardens1 Bedroom 1 Bath Home; 929 sq ft1BR,1BA$1.24
Ridgeside Flats2 Bedroom / 1 Bath2BR,1BA$1.20
East Ridge Flats and TownhomesThe Lookout2BR,1BA$1.25
Summit East RidgeMagnolia1BR,1BA$1.42
Sterling Heights Apartments by Callio Properties1x11BR,1BA$1.51
East Ridge Village1 Bedroom 1 Home with 600 Square Feet of Living...1BR,1BA$1.71

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

Pet Friendly Lifestyle
East Lake, Chattanooga, TN

Ranked #33

Among neighborhoods in Chattanooga, TN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

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 $975 at Summit East Ridge.

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 Summit East Ridge and starts from $1,260.

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.

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

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

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.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.