Most Affordable Neighborhoods in Chattanooga, TN

Some of the cheapest neighborhoods in Chattanooga are Brainerd, Outer Red Bank, 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 4, 2025, the average rent in Chattanooga is $1,241, which is 0.7% 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.

Brainerd

Average Rent

$1,015/Month

Year-Over-Year Rent Change

3.5%

TransitScore® Rating

29/100

Units Available

20 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.

Outer Red Bank

Average Rent

$1,367/Month

Year-Over-Year Rent Change

1.7%

TransitScore® Rating

0/100

Units Available

41 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.

East Brainerd

Average Rent

$1,413/Month

Year-Over-Year Rent Change

1.9%

TransitScore® Rating

16/100

Units Available

191 Rentals

East Brainerd is an affordable neighborhood in Chattanooga with an average rent price of $1,413. Compare this to the city average of $1,241. In the past year, rent prices have decreased by 1.9%. East Brainerd provides easy access to Hamilton Place, Booker T. Washington State Park, and Southern Adventist University. It’s a car-dependent neighborhood with a WalkScore® of 42.

Hickory Valley-Hamilton Place

Average Rent

$1,430/Month

Year-Over-Year Rent Change

2.9%

TransitScore® Rating

19/100

Units Available

113 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.

Tyner-Greenwood

Average Rent

$1,445/Month

Year-Over-Year Rent Change

4.9%

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.

Bonny Oaks-Highway 58

Average Rent

$1,456/Month

Year-Over-Year Rent Change

14.9%

TransitScore® Rating

11/100

Units Available

49 Rentals

Bonny Oaks-Highway 58 is a picturesque neighborhood with a country feel, but its central location and nearby highways make commuting a breeze. Residents can visit nearby Harrison Bay State Park or South Nature Park for a variety of outdoor fun. Harrison Bay State Park, located along the Tennessee River, is a popular destination for water sports.

South Chattanooga

Average Rent

$1,502/Month

Year-Over-Year Rent Change

0.4%

TransitScore® Rating

23/100

Units Available

22 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 $1,502, while the city’s average stands at $1,241. In the last year, prices have increased by 0.4%. South Chattanooga is near Lovell Field, Chattanooga Zoo, and Dalton State College.

Westview-Mountain Shadows

Average Rent

$1,503/Month

Year-Over-Year Rent Change

2.4%

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.

Lookout Mountain

Average Rent

$1,503/Month

Year-Over-Year Rent Change

0.8%

TransitScore® Rating

6/100

Units Available

24 Rentals

Lookout Mountain is a top choice for budget-conscious renters for a variety of reasons. The average rent in Lookout Mountain is $1,503 while the city average is $1,241. This is a 0.8% difference from last year. Residents enjoy convenient access to Incline Railway, Southern Adventist University, and Brown's Ferry Village. The neighborhood is considered car-dependent with a WalkScore® of 33.

Riverside

Average Rent

$1,509/Month

Year-Over-Year Rent Change

1.2%

TransitScore® Rating

52/100

Units Available

319 Rentals

When you’re looking for a great Chattanooga neighborhood on a budget, check out Riverside. The average rent is $1,509, compared to the city average of $1,241. Rent prices have increased by 1.2%. Riverside is convenient to Lee University, Tennessee Valley Railroad, and Southern Adventist University. The community is walkable with a WalkScore® of 77.

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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.