Best 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 November 9, 2025, the average rent in Chattanooga is $1,229, which is 0.2% higher 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
$910/Month
Year-Over-Year Rent Change
8.1%
TransitScore® Rating
19/100
Units Available
10 Rentals
If you’re looking for a great, affordable neighborhood in Chattanooga, Stuart Heights might be the perfect place! It has an average rent price of $910, while the city’s average stands at $1,229. In the last year, prices have decreased by 8.1%. Stuart Heights is near Chattanooga Zoo, Wickliffe Shopping Center, and Tennessee River Gorge Trust.
Shallowford Hills
Average Rent
$1,020/Month
Units Available
13 Rentals
Shallowford Hills is a top choice for budget-conscious renters for a variety of reasons. The average rent in Shallowford Hills is $1,020 while the city average is $1,229. Residents enjoy convenient access to Elise Chapin Sanctuary at Audubon Acres, UTC Clarence Jones Observatory, and Tennessee Valley Railroad.
Waterford Place
Average Rent
$1,020/Month
TransitScore® Rating
15/100
Units Available
13 Rentals
When you’re looking for a great Chattanooga neighborhood on a budget, check out Waterford Place. The average rent is $1,020, compared to the city average of $1,229. Waterford Place is convenient to Shallowford Commons, Booker T. Washington State Park, and Chattanooga State Comm. Coll.. The community is car-dependent with a WalkScore® of 23.
Brainerd
Average Rent
$1,063/Month
Year-Over-Year Rent Change
5.5%
TransitScore® Rating
29/100
Units Available
43 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
$1,074/Month
TransitScore® Rating
23/100
Units Available
13 Rentals
Riverview is an affordable neighborhood in Chattanooga with an average rent price of $1,074. Compare this to the city average of $1,229. Riverview provides easy access to UT Chattanooga, Tennessee Aquarium, and Southern Adventist University. It’s a somewhat walkable neighborhood with a WalkScore® of 53.
Kings Point-Lake Vista
Average Rent
$1,109/Month
Year-Over-Year Rent Change
20.3%
TransitScore® Rating
1/100
Units Available
21 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 $1,109, while the city’s average stands at $1,229. In the last year, prices have increased by 20.3%. Kings Point-Lake Vista is near Booker T. Washington State Park, Lake Hills Shopping Center, and Tennessee Valley Railroad.
Trails of Signal Mountain
Average Rent
$1,182/Month
TransitScore® Rating
0/100
Units Available
20 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 $1,182 while the city average is $1,229. Residents enjoy convenient access to Chattanooga Zoo, Dayton Plaza, and Cleveland State Comm. Coll.. The neighborhood is considered car-dependent with a WalkScore® of 12.
Shepherd Community
Average Rent
$1,197/Month
TransitScore® Rating
16/100
Units Available
22 Rentals
When you’re looking for a great Chattanooga neighborhood on a budget, check out Shepherd Community. The average rent is $1,197, compared to the city average of $1,229. Shepherd Community is convenient to UTC Clarence Jones Observatory, Friar's Branch Crossing, and Chattanooga Zoo. The community is car-dependent with a WalkScore® of 36.
Bushtown-Highland Park
Average Rent
$1,203/Month
Year-Over-Year Rent Change
0.3%
TransitScore® Rating
33/100
Units Available
39 Rentals
Bushtown-Highland Park is an affordable neighborhood in Chattanooga with an average rent price of $1,203. Compare this to the city average of $1,229. In the past year, rent prices have increased by 0.3%. Bushtown-Highland Park provides easy access to Creative Discovery Museum, 1600-1690 E 23rd St Shopping Center, and Clarke Centre. It’s a somewhat walkable neighborhood with a WalkScore® of 56.
Midfield Acres
Average Rent
$1,228/Month
Units Available
20 Rentals
If you’re looking for a great, affordable neighborhood in Chattanooga, Midfield Acres might be the perfect place! It has an average rent price of $1,228, while the city’s average stands at $1,229. Midfield Acres is near London Center, UT Chattanooga, and Brook Stone Park.
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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.