22 Cheap Apartments for rent in Chattanooga, TN

Last updated September 25 at 10:30PM
Laurel Ridge Apartments
4715 Bonny Oaks Dr
Chattanooga, TN
Updated September 25 at 4:55PM
1 Bedroom
$717
2 Bedrooms
$822
Ridgeside Apartments
6320 Hixson Pike
Chattanooga, TN
Updated September 25 at 4:55PM
1 Bedroom
$631
915 S Seminole Dr
East Ridge
Chattanooga, TN
Updated September 25 at 5:34PM
1 Bedroom
$595
3644 Tanaka Trail
Chattanooga
Chattanooga, TN
Updated September 23 at 5:39PM
2 Bedrooms
$625
3712 Chula Vista Dr
Brainerd
Chattanooga, TN
Updated September 24 at 2:12AM
2 Bedrooms
$600
121 Goodson Ave
Red Bank
Chattanooga, TN
Updated September 24 at 6:07PM
Studio
$600
7655 Austin Dr
Tyner - Greenwood
Chattanooga, TN
Updated September 23 at 9:52AM
2 Bedrooms
$670
3974 Arbor Pl Ln
Dupont - Murray Hills
Chattanooga, TN
Updated September 21 at 5:40PM
2 Bedrooms
$650
421 Booth Road
Brainerd
Chattanooga, TN
Updated September 19 at 9:17AM
2 Bedrooms
$550
902 Avenue E
Dalton
Dalton, GA
Updated September 23 at 9:53AM
1 Bedroom
$575
438 LaFayette Rd
, GA
Updated September 24 at 1:27AM
2 Bedrooms
$640
202 N Flora St
LaFayette
LaFayette, GA
Updated September 23 at 9:29AM
2 Bedrooms
$525
1520 N. Chamberlain Avenue
Amnicola - East Chattanooga
Chattanooga, TN
Updated August 11 at 10:40AM
3 Bedrooms
$625
925 Shallowford Rd
Glenwood - Eastdale
Chattanooga, TN
Updated September 24 at 1:35AM
1 Bedroom
$495
Results within 20 miles of Chattanooga, TN
603 Ashland Terrace Apt 6
Lupton City - Norcross
Chattanooga, TN
Updated September 25 at 8:58AM
1 Bedroom
$575
603 Ashland Terrace Apt 12
Lupton City - Norcross
Chattanooga, TN
Updated August 30 at 10:21AM
Studio
$575
5049 Cameron Ln
Woodmore - Dalewood
Chattanooga, TN
Updated September 22 at 7:06PM
2 Bedrooms
$625
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Rent Report
Chattanooga

September 2017 Chattanooga Rent Report

Welcome to the September 2017 Chattanooga Rent Report. In this report, we'll evaluate trends in the Chattanooga rental market, including comparisons to similar cities nationwide.

Chattanooga rents increase sharply over the past month

Chattanooga rents have increased 0.6% over the past month, and are up moderately by 2.7% in comparison to the same time last year. Currently, median rents in Chattanooga stand at $720 for a one-bedroom apartment and $900 for a two-bedroom. This is the eighth straight month that the city has seen rent increases after a decline in December of last year. Chattanooga's year-over-year rent growth leads the state average of 2.4%, but trails the national average of 3.0%.

Chattanooga rents more affordable than many large cities nationwide

Rent growth in Chattanooga has been relatively stable over the past year - some other large cities have seen more substantial increases; in contrast, rents in a few cities have actually declined. Chattanooga is still more affordable than most large cities across the country.

  • Chattanooga's median two-bedroom rent of $900 is below the national average of $1,160. Nationwide, rents have grown by 3.0% over the past year compared to the 2.7% rise in Chattanooga.
  • While rents in Chattanooga remained moderately stable this year, similar cities saw increases, including Seattle (+5.4%), Phoenix (+4.9%), and Denver (+3.0%); note that median 2BR rents in these cities go for $1,710, $1,020, and $1,350 respectively.
  • Renters will find more reasonable prices in Chattanooga than most large cities. For example, San Francisco has a median 2BR rent of $3,070, which is nearly three-and-a-half times the price in Chattanooga.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.