GITNUX MARKETDATA REPORT 2024

Statistics About The Average Rent In Chattanooga Tn

The average rent in Chattanooga, TN is around $1,100 per month.

With sources from: rentlingo.com, areavibes.com, zumper.com, yardi.com and many more

Statistic 1

Rent for apartments near popular attractions like the Tennessee Aquarium averages $1,350.

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The average rent in suburbs around Chattanooga, TN is approximately $1,100.

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The median rent for a Chattanooga apartment is approximately $1,200.

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Compared to five years ago, the average rent in Chattanooga, TN has increased by 20%.

Statistic 5

In 2021, the average rent for apartments in Chattanooga, TN increased by 5%.

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The average rent for pet-friendly apartments in Chattanooga is about $1,300.

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Chattanooga has a higher average rent compared to Knoxville, TN by about 4%.

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The average rent for a one-bedroom apartment in Chattanooga, TN is approximately $1,050.

Statistic 9

The downtown area of Chattanooga has a higher average rent, approximately $1,500 for a one-bedroom.

Statistic 10

Short-term rental apartments in Chattanooga, TN average around $1,800 per month.

Statistic 11

The average rent for a two-bedroom apartment in Chattanooga, TN is around $1,300.

Statistic 12

The average monthly rent for a studio apartment in Chattanooga, TN is $875.

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The average rent for a three-bedroom apartment in Chattanooga is approximately $1,650.

Statistic 14

Students attending the University of Tennessee at Chattanooga often pay around $900 per month for off-campus rentals.

Statistic 15

The average rent for apartments in the Northshore neighborhood of Chattanooga is about $1,400.

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The average rent for luxury apartments in Chattanooga is approximately $1,750.

Statistic 17

Rent for apartments within newly constructed buildings in Chattanooga averages about $1,450.

Statistic 18

Rent prices in Chattanooga, TN have increased by 3.2% over the past year.

Statistic 19

Average rent in Chattanooga, TN is lower than the national average by 10%.

Statistic 20

Over the past decade, rent in Chattanooga, TN increased by an average annual rate of 2%.

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In this post, we will explore the average rent in Chattanooga, TN, based on a range of statistics and data points. From the varying rental prices across different neighborhoods to the trends in rent increases over time, we aim to provide a comprehensive overview of the rental market in this vibrant city. So, if you’re curious about the cost of living and renting in Chattanooga, keep reading for a detailed breakdown of the average rent trends and insights in the area.

Statistic 1

"Rent for apartments near popular attractions like the Tennessee Aquarium averages $1,350."

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Statistic 2

"The average rent in suburbs around Chattanooga, TN is approximately $1,100."

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Statistic 3

"The median rent for a Chattanooga apartment is approximately $1,200."

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Statistic 4

"Compared to five years ago, the average rent in Chattanooga, TN has increased by 20%."

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Statistic 5

"In 2021, the average rent for apartments in Chattanooga, TN increased by 5%."

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Statistic 6

"The average rent for pet-friendly apartments in Chattanooga is about $1,300."

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Statistic 7

"Chattanooga has a higher average rent compared to Knoxville, TN by about 4%."

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Statistic 8

"The average rent for a one-bedroom apartment in Chattanooga, TN is approximately $1,050."

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Statistic 9

"The downtown area of Chattanooga has a higher average rent, approximately $1,500 for a one-bedroom."

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Statistic 10

"Short-term rental apartments in Chattanooga, TN average around $1,800 per month."

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Statistic 11

"The average rent for a two-bedroom apartment in Chattanooga, TN is around $1,300."

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Statistic 12

"The average monthly rent for a studio apartment in Chattanooga, TN is $875."

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Statistic 13

"The average rent for a three-bedroom apartment in Chattanooga is approximately $1,650."

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Statistic 14

"Students attending the University of Tennessee at Chattanooga often pay around $900 per month for off-campus rentals."

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Statistic 15

"The average rent for apartments in the Northshore neighborhood of Chattanooga is about $1,400."

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Statistic 16

"The average rent for luxury apartments in Chattanooga is approximately $1,750."

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Statistic 17

"Rent for apartments within newly constructed buildings in Chattanooga averages about $1,450."

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Statistic 18

"Rent prices in Chattanooga, TN have increased by 3.2% over the past year."

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Statistic 19

"Average rent in Chattanooga, TN is lower than the national average by 10%."

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Statistic 20

"Over the past decade, rent in Chattanooga, TN increased by an average annual rate of 2%."

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Interpretation

The average rent in Chattanooga, TN varies depending on factors such as location, apartment type, and amenities offered. Rent prices have been steadily increasing over the years, with a notable 20% increase compared to five years ago. In 2021 alone, there was a 5% increase in average rent, with downtown Chattanooga commanding higher prices, especially for luxury and short-term rental apartments. Despite these increases, Chattanooga's average rent remains lower than the national average. Suburbs offer more affordable options, while areas near popular attractions and universities tend to have higher average rents. Overall, renters in Chattanooga can expect to pay around $1,200 for a median-priced apartment, with variations based on specific preferences and location choices.

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