Last updated
Average Rent in Lookout Valley & Rent Trends
Rent prices and market trends across 1 apartment community in Lookout Valley, Chattanooga TN. Updated daily.
Market Average
$2,198/mo
Lowest Available
$1,995/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
3
available now
Lookout Valley vs Chattanooga TN Average
Lookout Valley is more expensive the Chattanooga TN average by $827/mo (60%). The citywide average is $1,371/mo across all neighborhoods.
Is Rent Going Up or Down in Lookout Valley?
As of May 2026, the average rent in Lookout Valley is $2,198 per month across 1 apartment community and 3 available units.
The most affordable option is Keyrenter Property Management Chattanooga starting at $1,995/mo. By unit type, a 4-bedroom averages $2,198/mo.
Prices range from $1,995 to $2,400 per month. The most common price point is the $1,800 range, where 1 units are currently listed.
Lookout Valley Rent Price History
Collecting price history
Daily snapshots are being recorded. Trend charts will appear once we have enough data points.
Rent Price Distribution
Rent by Bedroom Type in Lookout Valley
Rent Prices by Apartment in Lookout Valley
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Keyrenter Property Management Chattanooga | $1,995/mo | $2,198/mo | 3 | 4.7 |
Google Search Trends for Lookout Valley Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Lookout Valley
What is the average rent in Lookout Valley?
Is rent going up or down in Lookout Valley?
What is the cheapest apartment in Lookout Valley?
How many apartments are available in Lookout Valley?
What salary do I need to live comfortably in Lookout Valley?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$88,000/year
30 percent rule -- using our average rent of $2,198/mo.
Comfortable income
$106,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,995/mo), you need to earn at least $80,000/year.
Median household income in Lookout Valley is $61,028 , about 42% below the comfortable-living threshold.
Cost of living in Lookout Valley
Overall prices in Lookout Valley runs below the national average by about 8% (BEA Regional Price Parity index 92.3, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Lookout Valley's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,198 |
| Utilities | $337 |
| Groceries | $508 |
| Transportation | $803 |
| Healthcare | $392 |
| Other goods and services | $627 |
| Estimated total | $4,864/mo |
Population
182,832
Median household income
$61,028
Census median rent
$1,155/mo
Rent as % of income
28.9%
Median age
36.6
Mean commute
19 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Explore Lookout Valley Apartments
Browse all 1 communities with daily-updated pricing and availability.