Most Affordable Neighborhoods in Chattanooga, TN
Some of the cheapest neighborhoods in Chattanooga are Shallowford Hills, Waterford Place, and Northside Farms. These neighborhoods offer some of the lowest rent prices in Chattanooga, making them ideal for renters on a budget. As of July 29, 2025, the average rent in Chattanooga is $1,248, which is 1.1% 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.
Shallowford Hills
Average Rent
$981/Month
Units Available
14 Rentals
When you’re looking for a great Chattanooga neighborhood on a budget, check out Shallowford Hills. The average rent is $981, compared to the city average of $1,248. Shallowford Hills is convenient to UT Chattanooga, Friar's Branch Crossing, and Booker T. Washington State Park.
Waterford Place
Average Rent
$981/Month
TransitScore® Rating
15/100
Units Available
14 Rentals
Waterford Place is an affordable neighborhood in Chattanooga with an average rent price of $981. Compare this to the city average of $1,248. Waterford Place provides easy access to Chattanooga Zoo, Chattanooga State Comm. Coll., and Lee University. It’s a car-dependent neighborhood with a WalkScore® of 23.
Northside Farms
Average Rent
$1,085/Month
Units Available
11 Rentals
If you’re looking for a great, affordable neighborhood in Chattanooga, Northside Farms might be the perfect place! It has an average rent price of $1,085, while the city’s average stands at $1,248. Northside Farms is near Red Bank Shopping Center, UT Chattanooga, and Tennessee River Gorge Trust.
Kings Point-Lake Vista
Average Rent
$1,113/Month
Year-Over-Year Rent Change
10.4%
TransitScore® Rating
1/100
Units Available
12 Rentals
Kings Point-Lake Vista is a top choice for budget-conscious renters for a variety of reasons. The average rent in Kings Point-Lake Vista is $1,113 while the city average is $1,248. This is a 10.4% difference from last year. Residents enjoy convenient access to Southern Adventist University, Tennessee Valley Railroad, and 58 Plaza Shopping Center. The neighborhood is considered car-dependent with a WalkScore® of 34.
Brainerd
Average Rent
$1,115/Month
Year-Over-Year Rent Change
6.4%
TransitScore® Rating
29/100
Units Available
29 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.
Shepherd Community
Average Rent
$1,124/Month
TransitScore® Rating
16/100
Units Available
19 Rentals
When you’re looking for a great Chattanooga neighborhood on a budget, check out Shepherd Community. The average rent is $1,124, compared to the city average of $1,248. Shepherd Community is convenient to Friar's Branch Crossing, UTC Clarence Jones Observatory, and Elise Chapin Sanctuary at Audubon Acres. The community is car-dependent with a WalkScore® of 36.
Edgmon Forest
Average Rent
$1,124/Month
TransitScore® Rating
21/100
Units Available
19 Rentals
Edgmon Forest is an affordable neighborhood in Chattanooga with an average rent price of $1,124. Compare this to the city average of $1,248. Edgmon Forest provides easy access to Southern Adventist University, Booker T. Washington State Park, and UTC Clarence Jones Observatory. It’s a car-dependent neighborhood with a WalkScore® of 33.
Old Crabtree Farm
Average Rent
$1,143/Month
TransitScore® Rating
27/100
Units Available
16 Rentals
If you’re looking for a great, affordable neighborhood in Chattanooga, Old Crabtree Farm might be the perfect place! It has an average rent price of $1,143, while the city’s average stands at $1,248. Old Crabtree Farm is near Lovell Field, UT Chattanooga, and Hills Plaza Shopping Center.
Brainerd Hills
Average Rent
$1,191/Month
TransitScore® Rating
24/100
Units Available
13 Rentals
Brainerd Hills is a top choice for budget-conscious renters for a variety of reasons. The average rent in Brainerd Hills is $1,191 while the city average is $1,248. Residents enjoy convenient access to Lovell Field, UTC Clarence Jones Observatory, and Southern Adventist University. The neighborhood is considered car-dependent with a WalkScore® of 41.
Cannondale
Average Rent
$1,232/Month
TransitScore® Rating
7/100
Units Available
38 Rentals
When you’re looking for a great Chattanooga neighborhood on a budget, check out Cannondale. The average rent is $1,232, compared to the city average of $1,248. Cannondale is convenient to Elise Chapin Sanctuary at Audubon Acres, Southern Adventist University, and The Shoppes at the Narrow Bridge. The community is somewhat walkable with a WalkScore® of 53.
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.