Average Rent in Chattanooga, TN

Chattanooga rentals average $1,037 for a studio rental to $2,600 for a 4-bedroom rental. The median price of all currently available listings is $1,450, or roughly $1 per square feet.

For the apartment units and housing in May 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $75 (7.75%) year-over-year from $972 to $1,047. 1-bedroom rentals prices have increased by $273 (26.73%) year-over-year from $1,022 to $1,295. 2-bedroom rentals prices have increased by $478 (36.89%) year-over-year from $1,297 to $1,775. 3-bedroom rentals prices have increased by $118 (6.64%) year-over-year from $1,782 to $1,900. 4-bedroom rentals prices have increased by $262 (10.73%) year-over-year from $2,438 to $2,700. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 0.90% this month. 1-bedroom rents have gone up by 16.53% this month. 2-bedroom rents have gone up by 22.54% this month. 3-bedroom rents have gone up by 3.87% this month. 4-bedroom rents have gone up by 5.33% this month.