Most Affordable Neighborhoods in Chattanooga, TN
Some of the cheapest neighborhoods in Chattanooga are Outer Red Bank, Hickory Valley-Hamilton Place, and East Brainerd. These neighborhoods offer some of the lowest rent prices in Chattanooga, making them ideal for renters on a budget. As of February 18, 2025, the average rent in Chattanooga is $1,241, which is 0.3% 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.
Outer Red Bank
Average Rent
$1,383/Month
Year-Over-Year Rent Change
1.7%
TransitScore® Rating
0/100
Units Available
44 Rentals
Outer Red Bank is a peaceful residential area offering scenic views and a quiet, suburban lifestyle. Renters will appreciate the proximity to local parks, schools, and shopping centers. The neighborhood is ideal for those seeking a quiet retreat with convenient access to the city.
Hickory Valley-Hamilton Place
Average Rent
$1,416/Month
Year-Over-Year Rent Change
3.3%
TransitScore® Rating
19/100
Units Available
119 Rentals
Hickory Valley-Hamilton Place is a bustling neighborhood known for its proximity to Hamilton Place Mall, one of the largest shopping centers in the area. Renters will enjoy easy access to dining, entertainment, and local parks. The neighborhood is ideal for those seeking suburban convenience with plenty of modern amenities.
East Brainerd
Average Rent
$1,429/Month
Year-Over-Year Rent Change
0.9%
TransitScore® Rating
16/100
Units Available
199 Rentals
When you’re looking for a great Chattanooga neighborhood on a budget, check out East Brainerd. The average rent is $1,429, compared to the city average of $1,241. Rent prices have decreased by 0.9%. East Brainerd is convenient to Southern Adventist University, UTC Clarence Jones Observatory, and UT Chattanooga. The community is car-dependent with a WalkScore® of 42.
Lookout Mountain
Average Rent
$1,454/Month
TransitScore® Rating
54/100
Units Available
21 Rentals
Lookout Mountain is an affordable neighborhood in Chattanooga with an average rent price of $1,454. Compare this to the city average of $1,241. In the past year, rent prices have increased by 0%. Lookout Mountain provides easy access to Dalton State College, Ruby Falls, and Mount Vernon Point. It’s a walkable neighborhood with a WalkScore® of 86.
Tyner-Greenwood
Average Rent
$1,459/Month
Year-Over-Year Rent Change
3.7%
TransitScore® Rating
13/100
Units Available
107 Rentals
Tyner-Greenwood is a peaceful suburban neighborhood offering a mix of single-family homes and apartments. Renters will appreciate the proximity to local schools, parks, and shopping centers. The area provides a quiet residential atmosphere with easy access to downtown Chattanooga.
South Chattanooga
Average Rent
$1,464/Month
Year-Over-Year Rent Change
1.2%
TransitScore® Rating
23/100
Units Available
21 Rentals
If you’re looking for a great, affordable neighborhood in Chattanooga, South Chattanooga might be the perfect place! It has an average rent price of $1,464, while the city’s average stands at $1,241. In the last year, prices have decreased by 1.2%. South Chattanooga is near Southern Adventist University, Tennessee River Gorge Trust, and Lovell Field.
Westview-Mountain Shadows
Average Rent
$1,474/Month
Year-Over-Year Rent Change
4.9%
TransitScore® Rating
5/100
Units Available
82 Rentals
Westview-Mountain Shadows is a scenic neighborhood nestled near the mountains, offering stunning views and a peaceful setting. Renters will enjoy the proximity to parks, hiking trails, and outdoor activities. The area is perfect for those seeking a quiet, nature-oriented lifestyle while still being close to the city.
Lupton City-Norcross
Average Rent
$1,494/Month
Year-Over-Year Rent Change
6.9%
TransitScore® Rating
21/100
Units Available
25 Rentals
Lupton City-Norcross is a top choice for budget-conscious renters for a variety of reasons. The average rent in Lupton City-Norcross is $1,494 while the city average is $1,241. This is a 6.9% difference from last year. Residents enjoy convenient access to Chattanooga Zoo, Creative Discovery Museum, and Southern Adventist University. The neighborhood is considered car-dependent with a WalkScore® of 37.
Westside Chattanooga
Average Rent
$1,495/Month
Year-Over-Year Rent Change
6.9%
TransitScore® Rating
38/100
Units Available
26 Rentals
Westside Chattanooga is a downtown neighborhood located directly north of Chattanooga Market and Finley Stadium. The Chattanooga Convention Center is located east of the neighborhood. Sheila Jennings Westside Park is a popular neighborhood destination with walking paths, a playground, and sports courts.
Riverside
Average Rent
$1,517/Month
Year-Over-Year Rent Change
3.1%
TransitScore® Rating
22/100
Units Available
314 Rentals
When you’re looking for a great Chattanooga neighborhood on a budget, check out Riverside. The average rent is $1,517, compared to the city average of $1,241. Rent prices have decreased by 3.1%. Riverside is convenient to Tennessee Valley Railroad, Southern Adventist University, and Lee University. The community is car-dependent with a WalkScore® of 41.
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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.