Cheap Apartments for Rent in the Shepherd Neighborhood of Chattanooga, TN from $500 (15 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Shepherd area of Chattanooga.

property at 207 Laws Ave

207 Laws Ave

ChattanoogaTN37411
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Lily Grace South
Studio to 2 Bedroom Apartments

Lily Grace South

510 Central DrChattanooga, TN 37421
  • Utilities Included
property at 700 Moore St

700 Moore St

ChattanoogaTN37411
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Park Village Apartments
1 to 2 Bedroom Apartments

Park Village Apartments

701 N Germantown RdChattanooga, TN 37411
  • Utilities Included
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New Castle Apartments
Studio to 2 Bedroom Apartments

New Castle Apartments

5700 Roper StEast Ridge, TN 37412
  • Utilities Included

Shepherd, Chattanooga, TN Local Guide

Cheapest Available Shepherd Apartments for Rent

 

The cheapest available apartment rental in the Shepherd area of Chattanooga, TN is a Studio unit found at GoodHomes Chattanooga priced from $795. The Grove at Hickory Valley has the second lowest priced unit, which is a Studio apartment currently listed from $875. Here are the most affordable Shepherd apartments for rent in Chattanooga, TN:

Apartment ListingModel NameBed/BathPriced From
GoodHomes Chattanooga0BR/1.0BAStudio,1BA$795
The Grove at Hickory Valley0x1SStudio,1BA$875
Park Ridge ApartmentsCozy 1 Bed 1 Bathroom Apartment1BR,1BA$924
MAA HamiltonThe HibiscusStudio,1BA$985
East Ridge Village1 Bedroom 1 Home with 600 Square Feet of Living...1BR,1BA$995

Best Value Apartments for Rent in Shepherd, TN

As of March 25, 2025 the best value apartment in the Shepherd area is the $1.04 price per square foot 703 Woodvale Ave Model at 703 Woodvale Ave in the in the Marimont neighborhood starting from $2,100. The second greatest value Shepherd apartment is the Hamilton Model at Cannondale Court starting at $1,995 with a $1.25 price per square foot in the Marimont neighborhood. Here is today’s list of the best values for Shepherd apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
703 Woodvale Ave703 Woodvale Ave4BR,2BA$1.04
Cannondale CourtHamilton3BR,2.5BA$1.25
Glen Ridge Townhomes2 Bed 2.5 Bath2BR,2.5BA$1.11
503 Central Dr503 Central Dr2BR,1BA$0.92
Arden LandingThree Bed3BR,2BA$1.27
606 Shannon Ave606 Shannon Ave3BR,1.5BA$1.24
Bridgeway Chattanooga Apartment HomesHolston2BR,2BA$1.28
4106 Sunset Ave4106 Sunset Ave2BR,1BA$1.31
Parc 1346One Bedroom1BR,1BA$1.43
Revere at Hamilton PlaceOne Bedroom One Bathroom1BR,1BA$1.32

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Pet Friendly Lifestyle
Shepherd, Chattanooga, TN

Ranked #31

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com works hard to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Shepherd, Chattanooga, and the greater Chattanooga area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, pet-friendly features, places that make kids happy, proximity to transit, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Shepherd Apartments

What is the Cheapest Studio apartment in Shepherd?

Currently the most affordable Cheap Studio Apartment in Shepherd is at GoodHomes Chattanooga listed at $795.

How much is rent for a Cheap One Bedroom Shepherd Apartment?

The lowest price for a Cheap One Bedroom Shepherd Apartment is $924 at Park Ridge Apartments.

What is the lowest price for a Cheap Two Bedroom Shepherd Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Shepherd is starting from $1,033 at Arden Landing.

What is the most affordable Shepherd Three Bedroom Apartment?

The best deal on a cheap Shepherd Three Bedroom Apartment rental is at Arden Landing and starts from $1,464.

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 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.

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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.

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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.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.