Rental market trends in Chattanooga, TN
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Average Apartment Cost in Chattanooga, TN
Apartment Rent Ranges in Chattanooga, TN
Apartment Prices Proportion | |
|---|---|
Neighborhood Apartment Rent Trends in Chattanooga, TN
| Neighborhood | Studio Avg Rent | Annual Change |
|---|---|---|
| Northside | $1,400 | -- |
| Friends of Mountain Creek | $1,309 | +13% |
| Martin Luther King | $1,254 | +16% |
| Southside | $1,220 | +35% |
| North Chattanooga | $1,195 | -- |
| Downtown | $1,180 | +27% |
| Fort Wood | $995 | +11% |
| Chattanooga City Center | $978 | -3% |
| Dupont | $825 | -- |
| Neighborhood | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| North Chattanooga | $1,625 | -- |
| Chattanooga City Center | $1,605 | +17% |
| Riverfront | $1,519 | +10% |
| Northside | $1,485 | -8% |
| East Brainerd | $1,457 | -- |
| Downtown | $1,422 | +9% |
| Shepherd Community | $1,420 | -- |
| Friends of Mountain Creek | $1,409 | +12% |
| Fort Wood | $1,400 | +4% |
| Twin Brook Community Club | $1,382 | +27% |
| Neighborhood | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Chattanooga City Center | $2,235 | +15% |
| North Chattanooga | $2,100 | -- |
| Riverfront | $2,099 | +12% |
| Downtown | $2,050 | +32% |
| Southside | $2,000 | +33% |
| Shepherd Community | $1,905 | -- |
| East Brainerd | $1,750 | -- |
| Jefferson Heights | $1,695 | +19% |
| Friends of Mountain Creek | $1,669 | +8% |
| Twin Brook Community Club | $1,597 | +17% |
How Other Cities Compare to Chattanooga, TN
| City | Studio Avg Rent | Annual Change |
|---|---|---|
| Fort Oglethorpe | $875 | -- |
| Hixson | $825 | -- |
| Rossville | $762 | -- |
| City | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| East Ridge | $1,560 | 0% |
| Ooltewah | $1,518 | +7% |
| Hixson | $1,304 | +31% |
| Fort Oglethorpe | $1,175 | -- |
| Cleveland | $935 | +35% |
| Dalton | $887 | +25% |
| Calhoun | $850 | -3% |
| Rossville | $730 | +11% |
| Dayton | $510 | 0% |
| City | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| East Ridge | $1,846 | 0% |
| Ooltewah | $1,632 | -7% |
| Cleveland | $1,582 | +58% |
| Hixson | $1,480 | +14% |
| Ringgold | $1,290 | -- |
| Fort Oglethorpe | $1,275 | -- |
| Dalton | $1,212 | +37% |
| Red Bank | $1,055 | -- |
| Calhoun | $1,000 | -9% |
| Rossville | $990 | +32% |
Chattanooga, TN Rent Trends
| Studio | 1 Bed | 2 Beds | ||||||||||
| Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 |
| $930 | $930 | $1056 | $1046 | $1046 | $1097 | $1097 | $1225 | $1213 | $1211 | $1195 | $1202 | $1230 |
| $1267 | $1313 | $1335 | $1341 | $1325 | $1295 | $1337 | $1312 | $1305 | $1299 | $1328 | $1375 | $1375 |
| $1434 | $1447 | $1515 | $1510 | $1527 | $1515 | $1577 | $1579 | $1573 | $1560 | $1598 | $1633 | $1667 |
| $1700 | $1728 | $1756 | $1784 | $1815 | $1822 | $1794 | $1809 | $1750 | $1764 | $1816 | $1816 | $1816 |
Neighborhood Information for Chattanooga, TN
What are the most affordable neighborhoods in Chattanooga, TN?
The most affordable neighborhoods in Chattanooga are Ridgedale, where the average 1-bedroom apartment rent goes for $745, South Chattanooga, where renters pay $775 on average for a 1-bedroom apartment, and East Lake, where the average 1-bedroom apartment rent goes for $775. If you're looking for other great deals, check out the listings in Highland Park ($835 for a 1-bedroom apartment) or Dupont ($995 for a 1-bedroom apartment), compared to the $1,397 average for a Chattanooga 1-bedroom apartment.
What are the most expensive neighborhoods in Chattanooga, TN?
The most expensive neighborhoods in Chattanooga are North Chattanooga, where the average 1-bedroom apartment rent goes for $1,625, Chattanooga City Center, where renters pay $1,605 on average for a 1-bedroom apartment, and Riverfront, where the average 1-bedroom apartment rent goes for $1,519. If you're looking for other premium neighborhoods, check out the listings in Northside ($1,485 for a 1-bedroom apartment) or East Brainerd ($1,457 for a 1-bedroom apartment), compared to the $1,397 average for a Chattanooga 1-bedroom apartment.
What are the most popular neighborhoods in Chattanooga, TN?
The most popular neighborhoods in Chattanooga are Glenwood, where the average 1-bedroom apartment rent goes for $1,090, Fort Wood, where renters pay $1,400 on average for a 1-bedroom apartment, and Ridgedale, where the average 1-bedroom apartment rent goes for $745. If you're looking for other popular neighborhoods, check out the listings in Highland Park ($835 for a 1-bedroom apartment) or Brainerd ($1,050 for a 1-bedroom apartment), compared to the $1,397 average for a Chattanooga 1-bedroom apartment.
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