The Hudson
6168 Foxboro Dr,
Chattanooga, TN 37421
1-3 Beds | $1,492 - $4,181
Rental Market Trends in Chattanooga, TN
What is the average rent in Chattanooga, TN?
$1,217/month
Average Rent
739 Sq Ft
Average Apartment Size
-1.6%
Decrease in the Last Year
As of December 2024, the average rent in Chattanooga, TN is $1,217 per month. This is 22% lower than the national average rent of $1,560/month, making renting in Chattanooga more affordable than most cities in the US. When you rent an apartment in Chattanooga, you can expect to pay about $1,116 per month for a studio, $1,217 for a one-bedroom apartment, and around $1,449 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,828 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Chattanooga, TN?
In the past year, rent has decreased by 1.6%, which averages out to $19 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2024
Legend
2023
2024
Rent Ranges in Chattanooga, TN
Last Updated December 2024
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
3%
Below $700/month
16%
$700 - $1,000/month
57%
$1,001 - $1,500/month
20%
$1,501 - $2,000/month
4%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Chattanooga?
Based on current rent prices, Kings Point-Lake Vista, Ridgedale-Oak Grove-Clifton Hills and Hickory Valley-Hamilton Place are the most affordable neighborhoods in Chattanooga.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Chattanooga?
Based on current rent prices, North Chattanooga-Hill City-UTC, City Center and Amnicola-East Chattanooga are the most expensive neighborhoods in Chattanooga.
Neighborhood
Average Rent
Average Sq Ft
Which Chattanooga neighborhoods have the most rentals available?
The neighborhoods in Chattanooga with the most apartments available are Downtown Chattanooga, Riverside and North Shore .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Chattanooga, TN?
Because the average rent in Chattanooga is $1,217, you’ll want to make about $4,056 per month or $48,672 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Chattanooga, TN compare to other nearby cities and neighborhoods?
Use the tool below to compare Chattanooga, TN to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$441/month
$1,234/month
One Bedroom
$812/month
$1,520/month
Two Bedroom
$1,007/month
$1,964/month
Three Bedroom
$1,416/month
$2,573/month
Nearby City Rent Trends
Apartment communities in Chattanooga we think you'll love
Property Management Companies in Chattanooga, TN
S & S Property Management
-
41
Communities
-
4,818
Units
-
21
Cities
13 Communities in Chattanooga
RAM Partners
-
276
Communities
-
72,717
Units
-
158
Cities
10 Communities in Chattanooga
Brookside Properties
-
154
Communities
-
25,753
Units
-
56
Cities
9 Communities in Chattanooga
SVN International Corp
-
45
Communities
-
3,239
Units
-
20
Cities
8 Communities in Chattanooga
Hawthorne Residential Partners
-
255
Communities
-
61,944
Units
-
116
Cities
6 Communities in Chattanooga
Capital Square
-
43
Communities
-
10,885
Units
-
30
Cities
6 Communities in Chattanooga
Freeman Webb
-
83
Communities
-
15,085
Units
-
24
Cities
6 Communities in Chattanooga
Elmington Capital
-
118
Communities
-
21,548
Units
-
48
Cities
5 Communities in Chattanooga
Learn more with helpful articles
Rental management, simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.