Chattanooga, TN Rental Market Trends
What is the average rent in Chattanooga?
The average rent for an apartment in Chattanooga is $1,238. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Chattanooga, TN
|Average Rent||Average Apartment Size|
|$1,238||937 sq. ft.|
What is the average apartment size in Chattanooga?
The average size for a Chattanooga, TN apartment is 937 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Chattanooga, TN Apartment Rent Ranges
Chattanooga, TN Occupied Housing Units
37,239 or 48% of the households in Chattanooga, TN are renter-occupied while 39,940 or 51% are owner-occupied.
Chattanooga, TN Rent Trends
|Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Nov / 2020||Mar / 2021||Jul / 2021||Nov / 2021||Feb / 2022|
Average Rent in Chattanooga, TN By Neighborhood
|Fort Wood - Lincoln Park||$1,445|
|Martin Luther King||$1,411|
|Curtis - Battery Heights||$1,394|
|Molly's Meadow - Reunion||$1,221|
What are the most affordable neighborhoods in Chattanooga?
The most affordable neighborhoods in Chattanooga are 21st Century, where the average rent goes for $917/month, Hilltop, where renters pay $917/mo on average, and Ridgeside, where the average rent goes for $917/mo. If you’re looking for other great deals, check out the listings from Woodmore ($917), Belvoir ($921), and East Ridge ($924), where the asking prices are below the average Chattanooga rent of $1,238/mo.
What are the most expensive neighborhoods in Chattanooga?
What are the most popular neighborhoods in Chattanooga?
The most popular neighborhood in Chattanooga is Avondale, where there are 3 verified RentCafe listings with an average rent of $1,394. Next up is Martin Luther King, where apartments go for $1,411/month, followed by Spring Valley with $1,363 If you’re looking to rent in Chattanooga’s most popular neighborhoods, make sure to also check out Audubon, where renters pay $1,221 on average, and East Brainerd, where the average monthly rent is $1,298.
Chattanooga | Rent Comparison by Neighborhood
Rent in 21st Century is 32% lower than in Arbor Landing
21st Century rent is 26% lower than Chattanooga average
Arbor Landing rent is 8% higher than Chattanooga average
How Chattanooga Compares to Other Cities