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Updated 39 minutes ago

518 E 5th


518 E 5th St Chattanooga, TN

1 Bed
•
1 Bath

600 Sq. Ft.

Available starting Jul. 1st
Floor plans
Studio • 1 Bath
$695 - $850
350 ft2
0 Available
Managed By: Chattanooga Neighborhood Enterprise, Inc.
518 E 5th St
$695
Rented
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518 E 5th St
$695
Rented
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518 E 5th St
$695
Rented
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518 E 5th St
$709
Rented
View
518 E 5th St 2
$750
Rented
View
518 E 5th St 3
$850
Rented
View
Unit 2
$850
Rented
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Studio • 1 Bath
$695
380 ft2
0 Available
Managed By: Chattanooga Neighborhood Enterprise, Inc.
518 E 5th St
$695
Rented
View
1 Bed • 1 Bath
$1,000
600 ft2
1 Available
Managed By: Chattanooga Neighborhood Enterprise, Inc.
Unit 5
$1,000
Available Jul 1st, 2026
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View Rented Units
Where you'll live
Street View
Map View
Satellite View
518 E 5th
518 E 5th
518 E 5th
Location ratings
Walk Score®
82
Very Walkable
Transit Score®
46
Some Transit
Bike Score®
79
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
Elevator
Smoke-free Community
Fees & leasing info
Pets
Cats Ok
Parking
Surface Parking
Garage - Attached
Lease & Fees
Security Deposit: $500
Property details
Description

Newly Remodeled Downtown Studio - Are you looking for a hip downtown apartment within walking distance of 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. No smoking and no dogs.
*Income Restricted Unit* No dependent full-time students
Please email rent@cneinc.org to verify your income.
Household of One: annual income cannot exceed $38,340
Household of Two: annual income cannot exceed $43,800
No Dogs Allowed
(RLNE3654812)

Additional Details
Total Unit Count: 5
Last Updated: Updated 39 minutes ago
Contact Number: (423) 756-6284
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
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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 518 E 5th by bedroom type below.
1 Bedroom
Suggested income:
$36,000
per year
Rent report

518 E 5th Rent vs. Chattanooga Average

 518 E 5th      Chattanooga Average
1BR
$1,000
$1,249
$0
$450
$900
$1,350
$1,800

518 E 5th is asking 20% less than the average 1 bedroom apartment in Chattanooga.

If you upsized to an average priced Chattanooga 2 bedroom apartment, you would pay 6% more per month.

If you downsized to an average priced Chattanooga studio apartment, you would pay 10% less per month.

518 E 5th provides 17% less square footage than the average Chattanooga 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
518 E 5th
1BR $1,000 $1.70 $3,000
Chattanooga Average
Studio $1,137 $2.30 $3,410
1BR $1,249 $1.70 $3,746
2BR $1,328 $1.20 $3,985
3BR $1,819 $1.30 $5,458
4BR $1,957 $1.20 $5,872

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 441 2BR units on the market in Chattanooga. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
9% 34% 43% 11% 3%
Available Units in Chattanooga
Studio 92
1BR 354
2BR 441
3BR 118
4BR 31
Location
Nearby Colleges

The University of Tennessee at Chattanooga

Chattanooga State Community College

Nearby Hospitals
Name Distance
Kindred Hospital Chattanooga 0.33 mi.
Siskin Hospital For Physical Rehabilitation 0.64 mi.
Erlanger Medical Center 0.74 mi.
Nearby Fire Stations
Name Distance
City Of Dalton Fire Department 0.81 mi.
Whitfield County Fire Department 0.81 mi.
Dalton Volunteer 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 on July 01, 2026.
What's the square footage of the available units?
It's 600 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 1 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
518 E 5th has a 1 bedroom unit starting at $1,000.
Where is this property located?
This property is at 518 E 5th St in Chattanooga, TN. It's 0.7 miles north from the center of Chattanooga.
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