Cheap Homes for Rent in Chattanooga, TN from $700 (108 Rentals)

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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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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.

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property at 5519 TN-153

5519 TN-153

ChattanoogaTN37343

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.

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Chattanooga's Best Affordable Neighborhoods

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

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property at 2014 Vine St

2014 Vine St

ChattanoogaTN37404
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Chattanooga, TN Local Guide

Cheapest Neighborhoods for Apartments in Chattanooga, TN

Pricing Updated: 05/19/2025

Current apartment rentals in the Chattanooga, TN area range in price from $700 to $3,750 with an overall median price of $2,278. The three Chattanooga neighborhoods with the lowest median rent pricing are Lake Harbor Estates at $850, Piney Woods at $900, and Arts District at $995. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Chattanooga Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Lake Harbor Estates$1,050$8502
Piney Woods$1,595$90010
Arts District$1,647$99510
Marimont Old Crab Tree$1,699$1,1952
Walden$1,700$1,7001
Amnicola East Chattanooga$1,750$70012
Bonny Oaks Highway 58$1,750$8505
Lake Hills$1,750$1,1953
Mountain Creek$1,780$8758
Bushtown Highland Park$1,795$91531

Cheapest Available Chattanooga Apartments for Rent

 

The cheapest available apartment rental in Chattanooga, TN is a Studio unit found at Lily Grace South in the Marimont neighborhood priced from $649. Lily Grace North in the East Chattanooga neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $675. Here is today’s list of the most affordable Chattanooga apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lily Grace SouthStudioStudio,1BA$649
Lily Grace NorthStudioStudio,1BA$675
City View ApartmentsCypress2BR,1BA$820
GoodHomes ChattanoogaStudioStudio,1BA$825
Gateway at Rossville1bds1BR,1BA$829
The Winn at 9501 Bedroom Small1BR,1BA$860
The Villages at Fort Town ApartmentsFort Town Place VI1BR,1BA$880
Lakeshore ApartmentsWonderful 1 Bedroom Apartment Home - SPECIAL LI...1BR,1BA$895

Best Value Apartments for Rent in Chattanooga, TN

As of May 19, 2025 the best value apartment in the Chattanooga area is the $0.93 price per square foot 3 Bedroom Model at The Firefly in the in the East Chattanooga neighborhood starting from $1,450. The second greatest value Chattanooga apartment is the Birch Model at Veranda at the Ridge starting at $1,299 with a $1.03 price per square foot in the East Lake neighborhood. Here is today’s list of the best values for Chattanooga apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Firefly3 Bedroom3BR,2BA$0.93
Veranda at the RidgeBirch2BR,1.5BA$1.03
Riverview NorthC1 Renovated3BR,2BA$1.10
Trails of Signal MountainMckenzie2BR,1.5BA$0.98
Cedarbrooke ApartmentsA-52BR,1.5BA$1.07
City View ApartmentsCypress2BR,1BA$0.84
Gateway at Rossville2bds2BR,2BA$1.01
22 W Ontario St, Unit 222 W Ontario St1BR,1BA$0.86
4714 Metro Park Ln, Unit B4714 Metro Park Ln2BR,1BA$0.97
Douglas Heights2BR/2BA - B12BR,2BA$1.07

Quick Rent Budget Calculator

How much rent can you afford?

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Chattanooga, TN Area Reviews

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Catrina • 1+ years in Chattanooga

March 3, 2025

Chattanooga is fantastic for people like me who love to be on the water. The Tenneessee River is just wonderful, and the communities around it are both well-connected and well-maintained.

Frequently Asked Questions about Chattanooga

What type of rentals are currently available in Chattanooga?

There are currently 684 Apartments for Rent in Chattanooga, TN with pricing that ranges from $649 to $6,340. There are also 318 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chattanooga ranging from $700 to $3,750.

What is the current price range for Rental Homes in Chattanooga?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Chattanooga ranges from $700 to $3,750 with an average monthly rent of $1,811.

How much are larger Three and Four Bedroom Rentals in Chattanooga?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Chattanooga range from $715 to $4,937, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $3,750. Four Bedroom Single-Family rentals are also available starting from $700 and Four Bedroom Apartments start at $685.

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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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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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.

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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.