Cheap Homes for Rent in Shepherd Neighborhood of Chattanooga, TN from $900 (15 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 Shepherd area of Chattanooga.

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.

Chattanooga's Best Affordable Neighborhoods

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

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 1 Bed unit found at MAA Heritage Park priced from $794. GoodHomes Chattanooga has the second lowest priced unit, which is a Studio apartment currently listed from $825. Here are the most affordable Shepherd apartments for rent in Chattanooga, TN:

Apartment ListingModel NameBed/BathPriced From
MAA Heritage ParkThe Birch1BR,1BA$794
GoodHomes ChattanoogaLimited-Time Move-In Special available!Studio,1BA$825
The Grove at Hickory Valley0x1SStudio,1BA$899
Park Ridge ApartmentsCozy 1 Bed 1 Bathroom Apartment1BR,1BA$924
MAA HamiltonThe HibiscusStudio,1BA$970

Best Value Apartments for Rent in Shepherd, TN

As of April 21, 2025 the best value apartment in the Shepherd area is the $1.25 price per square foot Hamilton Model at Cannondale Court in the in the Marimont neighborhood starting from $1,995. The second greatest value Shepherd apartment is the 2 Bed 2.5 Bath Model at Glen Ridge Townhomes starting at $1,500 with a $1.11 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.
Cannondale CourtHamilton3BR,2.5BA$1.25
Glen Ridge Townhomes2 Bed 2.5 Bath2BR,2.5BA$1.11
Reserve at CreeksideThree Bedroom - Premium3BR,2BA$1.40
MAA Heritage ParkThe Willow2BR,2BA$1.23
Ashford VillasThe Aprica1BR,1BA$1.55
The ShallowfordThe Ashford (A2)1BR,1BA$1.50
Parc 1346One Bedroom1BR,1BA$1.37
Revere at Hamilton PlaceOne Bedroom One Bathroom1BR,1BA$1.32
The Haven at Commons Park11BR,1BA$1.58
Ledford at Hamilton PlaceA11BR,1BA$1.47

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 Shepherd

What type of rentals are currently available in Shepherd?

There are currently 86 Apartments for Rent in Shepherd, TN with pricing that ranges from $600 to $4,530. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shepherd ranging from $965 to $2,600.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Shepherd ranges from $965 to $2,600 with an average monthly rent of $1,758.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Shepherd range from $1,290 to $4,530, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,595 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,895 and Four Bedroom Apartments start at $2,295.

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 Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.