Home / Chattanooga / 516 E 5th
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Updated 12 days ago

516 E 5th


516 E 5th St Chattanooga, TN

Studio
1 Bath

350 Sq. Ft.

Available Now
Studio • 1 Bath
$788
350 ft2
1 Available
Managed By: Chattanooga Neighborhood Enterprise, Inc.
Updated 12 days ago

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Unit 8
$788
Available Now
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Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
82
Very Walkable
Transit Score®
46
Some Transit
Bike Score®
72
Very Bikeable
Amenities
On-site Laundry
Storage
Disability Access
Refrigerator
Garbage Disposal
Trash Removal Included
Public Transportation
Water Included
Range / Oven
Microwave
High-speed Internet
Smoke-free Community
Fees & leasing info
Pets
Cats Ok
Parking
Garage - Attached
Lease & Fees
Security Deposit: $500.0
Property details
Description

INCOME RESTRICTED Convenient Downtown Living in Charming Apartments - Are you looking for a hip downtown apartment within walking distance of UTC, great restaurants, and local attractions? Whether you work at Unum, Erlanger, or TVA, this apartment is the perfect spot! Newly renovated, these apartments are energy efficient with equipped kitchens and nice windows that let the sun right in.

Apartments located at 516, 518 & 522 E. Fifth Street. Please note that the apartment shown above may not be the apartment available.

This unit is income restricted, you cannot be a full time student/ must meet income restricted criteria to qualify.

Please email rent@cneinc.org to verify your income.

No Dogs Allowed

(RLNE3496913)

Additional Details
Account Type: Other
Total Unit Count: 8
Last Updated: Updated 12 days ago
Contact Number: (423) 756-6201
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Electric Power Board 10000.0 10000.0
Comcast Corporation 987.0 35.0
ViaSat, Inc. 100.0 3.0
Hughes Network Systems, LLC 25.0 3.0
AT&T Inc. 18.0 0.768
Data from June 2020 provided by the FCC
Photos Floor Plans Amenities
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 516 E 5th by bedroom type below.
Studio
Suggested income:
$28,400
per year
Rent report

516 E 5th Rent vs. Chattanooga Average

 516 E 5th      Chattanooga Average
Studio
$788
$1,242
$0
$450
$900
$1,350
$1,800

516 E 5th is asking 37% less than the average studio apartment in Chattanooga.

If you upsized to an average priced Chattanooga 1 bedroom apartment, you would pay 6% more per month.

516 E 5th provides 18% less square footage than the average Chattanooga studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
516 E 5th
Studio $788 $2.30 $2,364
Chattanooga Average
Studio $1,242 $2.90 $3,727
1BR $1,322 $1.90 $3,966
2BR $1,414 $1.40 $4,243
3BR $1,836 $1.30 $5,507
4BR $2,358 $1.30 $7,073

Availability in Chattanooga

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 262 2BR units on the market in Chattanooga. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
7% 30% 41% 17% 4%
Available Units in Chattanooga
Studio 44
1BR 194
2BR 262
3BR 111
4BR 28
Location
Nearby Colleges
Nearby Hospitals
Name Distance
Kindred Hospital Chattanooga 0.32 mi.
Siskin Hospital For Physical Rehabilitation 0.65 mi.
Erlanger Medical Center 0.74 mi.
Nearby Fire Stations
Name Distance
Dalton Volunteer Fire Department 0.81 mi.
Whitfield County Fire Department 0.81 mi.
City Of Dalton Fire Department 0.81 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in now.
What's the square footage of the available units?
It's 350 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats.
How many bedrooms are in the available units?
There are studio units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
516 E 5th has a studio unit starting at $788.
Where is this property located?
This property is at 516 E 5th St in Chattanooga, TN. It's 0.7 miles north from the center of Chattanooga.
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