Most Affordable Neighborhoods in Chattanooga, TN
Some of the cheapest neighborhoods in Chattanooga are Kings Point-Lake Vista, 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 June 13, 2025, the average rent in Chattanooga is $1,249, which is 2.9% 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.
Kings Point-Lake Vista
Average Rent
$998/Month
Year-Over-Year Rent Change
1.8%
TransitScore® Rating
1/100
Units Available
26 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 $998, while the city’s average stands at $1,249. In the last year, prices have increased by 1.8%. Kings Point-Lake Vista is near Chattanooga Zoo, Southern Adventist University, and Tennessee Aquarium.
Shallowford Hills
Average Rent
$1,007/Month
Units Available
14 Rentals
Shallowford Hills is a top choice for budget-conscious renters for a variety of reasons. The average rent in Shallowford Hills is $1,007 while the city average is $1,249. Residents enjoy convenient access to The Chase Center, Booker T. Washington State Park, and Elise Chapin Sanctuary at Audubon Acres.
Waterford Place
Average Rent
$1,007/Month
TransitScore® Rating
15/100
Units Available
14 Rentals
When you’re looking for a great Chattanooga neighborhood on a budget, check out Waterford Place. The average rent is $1,007, compared to the city average of $1,249. Waterford Place is convenient to Elise Chapin Sanctuary at Audubon Acres, Tennessee Valley Railroad, and Chattanooga Zoo. The community is car-dependent with a WalkScore® of 23.
Harbor Hills
Average Rent
$1,012/Month
Units Available
13 Rentals
Harbor Hills is an affordable neighborhood in Chattanooga with an average rent price of $1,012. Compare this to the city average of $1,249. Harbor Hills provides easy access to Lee University, UTC Clarence Jones Observatory, and Lovell Field.
Brainerd
Average Rent
$1,096/Month
Year-Over-Year Rent Change
7.9%
TransitScore® Rating
29/100
Units Available
38 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.
Riverview
Average Rent
$1,097/Month
TransitScore® Rating
23/100
Units Available
11 Rentals
If you’re looking for a great, affordable neighborhood in Chattanooga, Riverview might be the perfect place! It has an average rent price of $1,097, while the city’s average stands at $1,249. Riverview is near Tennessee River Gorge Trust, Two North Shore, and Town & Country Center.
Old Crabtree Farm
Average Rent
$1,119/Month
TransitScore® Rating
27/100
Units Available
18 Rentals
Old Crabtree Farm is a top choice for budget-conscious renters for a variety of reasons. The average rent in Old Crabtree Farm is $1,119 while the city average is $1,249. Residents enjoy convenient access to Tennessee Valley Railroad, Lee Highway Place Shopping Center, and Chickamauga & Chattanooga National Military Park. The neighborhood is considered car-dependent with a WalkScore® of 43.
Shepherd Community
Average Rent
$1,143/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 $1,143, compared to the city average of $1,249. Shepherd Community is convenient to Lovell Field, Friar's Branch Crossing, and Chattanooga State Comm. Coll.. The community is car-dependent with a WalkScore® of 36.
Edgmon Forest
Average Rent
$1,143/Month
TransitScore® Rating
21/100
Units Available
19 Rentals
Edgmon Forest is an affordable neighborhood in Chattanooga with an average rent price of $1,143. Compare this to the city average of $1,249. Edgmon Forest provides easy access to UT Chattanooga, Shallowford Commons, and Lee University. It’s a car-dependent neighborhood with a WalkScore® of 33.
Brainerd Hills
Average Rent
$1,156/Month
TransitScore® Rating
24/100
Units Available
15 Rentals
If you’re looking for a great, affordable neighborhood in Chattanooga, Brainerd Hills might be the perfect place! It has an average rent price of $1,156, while the city’s average stands at $1,249. Brainerd Hills is near Tennessee Valley Railroad, Chickamauga & Chattanooga National Military Park, and UT Chattanooga.
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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.