Cheap Homes for Rent in Red Bank Neighborhood of Chattanooga, TN from $800 (12 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in the Red Bank area of Chattanooga.

property at 120 Wolfe St

120 Wolfe St

ChattanoogaTN37415

Chattanooga's Best Affordable Neighborhoods

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

Red Bank, Chattanooga, TN Local Guide

Cheapest Available Red Bank Apartments for Rent

 

The cheapest available apartment rental in the Red Bank area of Chattanooga, TN is a Studio unit found at River Hills Flats priced from $899. River City North has the second lowest priced unit, which is a 2 Beds apartment currently listed from $940. Here are the most affordable Red Bank apartments for rent in Chattanooga, TN:

Apartment ListingModel NameBed/BathPriced From
River Hills FlatsThe Creekside FlatStudio,1BA$899
River City North2x22BR,2BA$940
Northshore Village1x1a1BR,1BA$950
Midvale Heights1 Bedroom 1 Bathroom B1BR,1BA$1,100
Rise at Signal Mountain ApartmentsA21BR,1BA$1,125

Best Value Apartments for Rent in Red Bank, TN

As of April 13, 2025 the best value apartment in the Red Bank area is the $1.41 price per square foot River Model at Hartman Hill in the in the Mile Straight neighborhood starting from $2,495. The second greatest value Red Bank apartment is the The Maple Model at MAA Windridge starting at $1,778 with a $1.23 price per square foot in the Mountain Creek neighborhood. Here is today’s list of the best values for Red Bank apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hartman HillRiver4BR,2.5BA$1.41
MAA WindridgeThe Maple2BR,2BA$1.23
Riverview NorthC1 Renovated3BR,2BA$1.06
Trails of Signal MountainMckenzie2BR,1.5BA$1.01
River City North2x22BR,2BA$1.17
The Links Apartments2 Bedroom 1 Bath Apartment Home, 930 square feet2BR,1BA$1.40
Terra at AshleyAP2X12BR,1BA$1.35
Midvale Heights1 Bedroom 1 Bathroom B1BR,1BA$1.27
Views at Signal MountainThe Chipley2BR,1.5BA$1.48
Northshore Village1x1a1BR,1BA$1.46

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

Frequently Asked Questions about Red Bank

What type of rentals are currently available in Red Bank?

There are currently 100 Apartments for Rent in Red Bank, TN with pricing that ranges from $850 to $5,500. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Red Bank ranging from $850 to $3,400.

What is the current price range for Rental Homes in Red Bank?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Red Bank ranges from $850 to $3,400 with an average monthly rent of $1,905.

How much are larger Three and Four Bedroom Rentals in Red Bank?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Red Bank range from $1,218 to $4,256, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,575 to $3,200. Four Bedroom Single-Family rentals are also available starting from $1,780 and Four Bedroom Apartments start at $2,145.

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 Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.