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Updated 3 hours ago

518 E 5th


518 E 5th St Chattanooga, TN

Studio
1 Bath

350 Sq. Ft.

Available starting May. 1st
Studio • 1 Bath
$850
350 ft2
1 Available
Managed By: Chattanooga Neighborhood Enterprise, Inc.
Unit 2
$850
Available May 1st, 2026
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1 Bed • 1 Bath
$725 - $950
600 ft2
0 Available
Managed By: Chattanooga Neighborhood Enterprise, Inc.
-
$950
Rented
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518 E 5th St
$950
Rented
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518 E 5th St
$895
Rented
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518 E 5th St
$850
Rented
View
518 E 5th St
$725
Rented
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518 E 5th St Unit 5
$850
Rented
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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®
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 3 hours ago
Contact Number: (423) 756-6242
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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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 518 E 5th by bedroom type below.
Studio
Suggested income:
$30,600
per year
Rent report

518 E 5th Rent vs. Chattanooga Average

 518 E 5th      Chattanooga Average
Studio
$850
$1,171
$0
$400
$800
$1,200
$1,600

518 E 5th is asking 27% 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.

518 E 5th provides 37% less square footage than the average Chattanooga studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
518 E 5th
Studio $850 $2.40 $2,550
Chattanooga Average
Studio $1,171 $2.10 $3,512
1BR $1,247 $1.70 $3,742
2BR $1,322 $1.30 $3,967
3BR $1,821 $1.30 $5,463
4BR $2,342 $1.20 $7,027

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 487 2BR units on the market in Chattanooga. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
8% 33% 45% 12% 3%
Available Units in Chattanooga
Studio 84
1BR 361
2BR 487
3BR 127
4BR 28
Location
Nearby Colleges
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 May 01, 2026.
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?
518 E 5th has a studio unit starting at $850.
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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