Most Affordable Neighborhoods in Chattanooga, TN
Some of the cheapest neighborhoods in Chattanooga are Stuart Heights, Shallowford Hills, and Waterford Place. These neighborhoods offer some of the lowest rent prices in Chattanooga, making them ideal for renters on a budget. As of September 12, 2025, the average rent in Chattanooga is $1,241, which is 1.5% lower than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Stuart Heights
Average Rent
$996/Month
Year-Over-Year Rent Change
2.5%
TransitScore® Rating
19/100
Units Available
10 Rentals
Stuart Heights is an affordable neighborhood in Chattanooga with an average rent price of $996. Compare this to the city average of $1,241. In the past year, rent prices have decreased by 2.5%. Stuart Heights provides easy access to Lovell Field, Rivermont Mini Mall, and Chattanooga State Comm. Coll.. It’s a car-dependent neighborhood with a WalkScore® of 25.
Shallowford Hills
Average Rent
$1,051/Month
Units Available
13 Rentals
If you’re looking for a great, affordable neighborhood in Chattanooga, Shallowford Hills might be the perfect place! It has an average rent price of $1,051, while the city’s average stands at $1,241. Shallowford Hills is near The Chase Center, Friar's Branch Crossing, and Southern Adventist University.
Waterford Place
Average Rent
$1,051/Month
TransitScore® Rating
15/100
Units Available
13 Rentals
Waterford Place is a top choice for budget-conscious renters for a variety of reasons. The average rent in Waterford Place is $1,051 while the city average is $1,241. Residents enjoy convenient access to UT Chattanooga, Chattanooga Zoo, and Booker T. Washington State Park. The neighborhood is considered car-dependent with a WalkScore® of 23.
Riverview
Average Rent
$1,077/Month
TransitScore® Rating
23/100
Units Available
11 Rentals
When you’re looking for a great Chattanooga neighborhood on a budget, check out Riverview. The average rent is $1,077, compared to the city average of $1,241. Riverview is convenient to Town & Country Center, Village At Riverview, and Creative Discovery Museum. The community is somewhat walkable with a WalkScore® of 53.
Brainerd
Average Rent
$1,090/Month
Year-Over-Year Rent Change
8%
TransitScore® Rating
29/100
Units Available
35 Rentals
Brainerd is a well-established neighborhood offering a variety of housing options, from single-family homes to apartments. Renters will appreciate the convenient access to shopping, dining, and major roadways. The area provides a suburban feel with the amenities of the city nearby.
Old Crabtree Farm
Average Rent
$1,111/Month
TransitScore® Rating
27/100
Units Available
10 Rentals
Old Crabtree Farm is an affordable neighborhood in Chattanooga with an average rent price of $1,111. Compare this to the city average of $1,241. Old Crabtree Farm provides easy access to Chattanooga State Comm. Coll., Dalton State College, and Southern Adventist University. It’s a car-dependent neighborhood with a WalkScore® of 43.
Kings Point-Lake Vista
Average Rent
$1,143/Month
Year-Over-Year Rent Change
24.7%
TransitScore® Rating
1/100
Units Available
19 Rentals
If you’re looking for a great, affordable neighborhood in Chattanooga, Kings Point-Lake Vista might be the perfect place! It has an average rent price of $1,143, while the city’s average stands at $1,241. In the last year, prices have increased by 24.7%. Kings Point-Lake Vista is near Tennessee Valley Railroad, Chattanooga State Comm. Coll., and 58 Plaza Shopping Center.
Trails of Signal Mountain
Average Rent
$1,167/Month
TransitScore® Rating
0/100
Units Available
30 Rentals
Trails of Signal Mountain is a top choice for budget-conscious renters for a variety of reasons. The average rent in Trails of Signal Mountain is $1,167 while the city average is $1,241. Residents enjoy convenient access to Tennessee Aquarium, Tennessee River Gorge Trust, and Dayton Plaza. The neighborhood is considered car-dependent with a WalkScore® of 12.
Spring Valley
Average Rent
$1,176/Month
Units Available
40 Rentals
When you’re looking for a great Chattanooga neighborhood on a budget, check out Spring Valley. The average rent is $1,176, compared to the city average of $1,241. Spring Valley is convenient to Dayton Plaza, Cleveland State Comm. Coll., and Wickliffe Shopping Center.
Lookout Mountain
Average Rent
$1,198/Month
Year-Over-Year Rent Change
0.9%
TransitScore® Rating
6/100
Units Available
12 Rentals
Lookout Mountain is an affordable neighborhood in Chattanooga with an average rent price of $1,198. Compare this to the city average of $1,241. In the past year, rent prices have increased by 0.9%. Lookout Mountain provides easy access to Raccoon Mountain Caverns, Lookout Valley Village, and Ruby Falls. It’s a car-dependent neighborhood with a WalkScore® of 33.
Ready to make your move to Chattanooga? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!
Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.