Apartments in Tiftonia Chattanooga

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20
$3,195
3641 Willow Lake Cir
Chattanooga, TN
4 BR | Jun. 1, 2024
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$1,750
Lookout Valley
448 Isbill Rd Chattanooga, TN
3 BR | Ask for Availability
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1
$765
621 Pan Gap RD
Chattanooga, TN
1 BR | Ask for Availability
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$765
3463 Cagle RD
Chattanooga, TN
1 BR | Ask for Availability
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15
$2,300
4221 Michigan Ave
Chattanooga, TN
3 BR | Available Now
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Chattanooga:
April Rent Report

Welcome to the April 2024 Chattanooga Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 2024 key findings and figures for the Chattanooga rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Chattanooga and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Chattanooga average rent prices in the chart below.

Monthly Rent Report

$1,700
$1,280
$850
$430
$0
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
1 BR       2 BR

Chattanooga Rent Prices Decrease From March to April

Chattanooga rent prices decreased over the last month. From March to April, the city experienced a -0.42% decrease for the price of a one-bedroom apartment. The rent price for a Chattanooga one-bedroom apartments currently stands at $1,189.0.

When we take a look at the two-bedroom comparison from March to April, Chattanooga experienced a -0.8% decrease for the price of a two-bedroom apartment. The rent price for a Chattanooga two-bedroom apartments currently stands at $1,361.0.

April Prices: Chattanooga vs. Surrounding Areas

Signal Mountain, TN
Chattanooga, TN
Hixson, TN
Red Bank, TN
Fort Oglethorpe, GA
Rossville, GA
Soddy-Daisy, TN
$2,244
$1,194
$1,015
$972
$915
$839
$795
$0
$750
$1,500
$2,250
$3,000
Median 1 BR Rent

Rent Prices in Chattanooga and Surrounding Areas

Rent prices have decreased in Chattanooga over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 1 of the Chattanooga suburb increased last month. On the other hand, 5 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Rossville, GA .

  • Rent decreased in Soddy-Daisy, TN, Signal Mountain, TN, Hixson, TN, Fort Oglethorpe, GA, Red Bank, TN.

  • 1 suburb is currently priced higher than the city of Chattanooga.

  • 5 suburbs are currently priced lower than the city of Chattanooga.

April 2024 Pricing Trends: Chattanooga vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Minneapolis, MN
Columbus, OH
Chattanooga, TN
Pittsburgh, PA
$3,994
$3,038
$2,355
$2,347
$1,893
$1,300
$1,264
$1,194
$1,145
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

Chattanooga Rent Prices More Affordable Than Major Cities

Rent growth in Chattanooga over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Chattanooga average rent prices appear to be relatively affordable for local residents.

The price for a Chattanooga one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Chattanooga and surrounding area rent prices, take a look at the complete data set below.

Data set for Chattanooga and suburbs

1 BR April 1 BR M/M % Change 2 BR April 2 BR M/M % Change
Chattanooga, TN $1,194.0 -1.00% $1,372.0 0.22%
Soddy-Daisy, TN $795.0 0.00% $850.0 20.23%
Signal Mountain, TN $2,244.0 -0.49% $2,118.0 -4.94%
Rossville, GA $839.0 0.24% $1,176.0 -0.84%
Hixson, TN $1,015.0 -0.49% $1,424.0 5.95%
Fort Oglethorpe, GA $915.0 -0.87% $1,022.0 -3.68%
Red Bank, TN $972.0 -0.82% $1,128.0 0.00%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.