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.