Chattanooga, TN Rental Market Trends

Highlights

The average rent for an apartment in Chattanooga is $1,009, a 3% increase compared to the previous year.

Average Rent in Chattanooga, TN

Last updated October 2019

Average Rent	Y-o-Y Change	Average Apartment Size
$1,009	3%	931 sq. ft.

The average size for a Chattanooga, TN apartment is 931 square feet, but this number varies greatly depending on apartment type. 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

< $5002%
$501-$7009%
$701-$1,00048%
$1,001-$1,50036%
$1,501-$2,0003%
> $2,0002%

Chattanooga, TN Occupied Housing Units

Renter-occupied Households46%
Owner-occupied Households53%

33,216 or 46% of the households in Chattanooga, TN are renter-occupied while 37,974 or 53% are owner-occupied.

Chattanooga, TN Rent Trends

Average Rent	Nov / 2016	Mar / 2017	Jul / 2017	Nov / 2017	Mar / 2018	Jul / 2018	Nov / 2018	Mar / 2019	Jul / 2019	Oct / 2019
Chattanooga, TN	$895	$887	$910	$911	$919	$959	$978	$986	$1,009	$1,009
National	$1,353	$1,349	$1,381	$1,383	$1,386	$1,421	$1,430	$1,434	$1,470	$1,476

Average Rent in Chattanooga, TN By Neighborhood

Neighborhood	Average Rent
Riverside	$679
King's Point	$679
Glenwood	$679
Curtis - Battery Heights	$679
Avondale	$679
Missionary Ridge	$688
Woodmore	$690
Ridgeside	$690
Hilltop	$690
21st Century	$690
Belvoir	$736
East Ridge	$762
Murray Hills	$862
Lake Hills	$862
Mark Twain	$942
Metropolitan Airport	$950
Cherokee Woods	$959
Stuart Heights	$965
Manchester Park	$965
Meadow Trace	$968
Lupton Fairfax	$968
Forest Plaza	$968
Boulevard Trails	$968
Meadowbrook Heights	$969
Kingsridge	$978
Cloverdale	$978
Chester Frost	$978
Arbor Landing	$978
Vaden Village	$986
Molly's Meadow - Reunion	$986
Magnolia Gardens	$986
Hamilton Acres	$986
Hamilton	$986
Concord Highland	$986
Brainerd Hills	$986
Belleau Woods	$986
Audubon	$986
Ashwood	$986
East Brainerd	$1,033
Red Bank	$1,043
North Shore	$1,043
Hill City	$1,043
Washington Hills	$1,079
Woodland Height	$1,139
Spring Valley	$1,139
North Chattanooga	$1,139
Southside Gardens	$1,313
Oak Grove	$1,313
Martin Luther King	$1,334
Fort Wood - Lincoln Park	$1,345

The most affordable neighborhoods in Chattanooga are Avondale, where the average rent goes for $679/month, Curtis - Battery Heights, where renters pay $679/mo on average, and Glenwood, where the average rent goes for $679/mo. If you’re looking for other great deals, check out the listings from King's Point ($679), Riverside ($679), and Missionary Ridge ($688), where the asking prices are below the average Chattanooga rent of $1,009/mo.

The most expensive neighborhoods in Chattanooga are Southside Gardens ($1,313), Martin Luther King ($1,334) and Fort Wood - Lincoln Park ($1,345).

Chattanooga | Rent Comparison by Neighborhood

Rent in 21st Century is 29% lower than in Arbor Landing

$690

21st Century rent is 32% lower than Chattanooga average

Average Rent	$690

$978

Arbor Landing rent is 3% lower than Chattanooga average

Average Rent	$978

How Does Chattanooga Compare to Nearby Cities

	Average Rent	Y-o-Y Change
Chattanooga	$1,009	3%
Red Bank	$1,043	6%
Soddy-Daisy	$976	8%
Apison	$1,201	5%
Collegedale	$1,201	5%
East Ridge	$762	5%
Falling Water	$968	4%
Flat Top Mountain	$955	18%
Harrison	$862	5%
Lakesite	$976	8%

For more information about the Chattanooga rental trends, check out our monthly rent report

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The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Chattanooga apartment buildings 50 units or larger. Yardi Matrix covers ~90% of the U.S. metro area population, including ~17 million apartments across more than 130 U.S. markets.