Chattanooga is the 99th largest multifamily market with 31,946 completed units and 9,686 units in development,1,551 of which have already broken ground, as of August 2022.
Chattanooga Multifamily Market Summary – August 2022
New lease asking rents are at $1,301, up 13.9%▲
from the previous year placing Chattanooga at
17th overall in year-over-year rent growth.
Chattanooga Multifamily Market Summary – July 2022
New lease asking rents are at $1,294, up 15.6%▲
from the previous year placing Chtanooga at 19th
overall in year-over-year rent growth.
Chattanooga Multifamily Market Summary – June 2022
New lease asking rents are at $1,280, up 15.6%▲
from the previous year placing Chattanooga at
28th overall in year-over-year rent growth.
Chattanooga Multifamily Market Summary – May 2022
New lease asking rents are at $1,246, up 14.6%▲
from the previous year placing Chattanooga at
36th overall in year-over-year rent growth.
Chattanooga Multifamily Market Summary – April 2022
New lease asking rents are at $1,228, up 14.4%▲
from the previous year placing Chattanooga at
39th overall in year-over-year rent growth.
Chattanooga Multifamily Market Summary – March 2022
New lease asking rents are at $1,229, up 15.1%▲
from the previous year placing Chattanooga at
37th overall in year-over-year rent growth.
Chattanooga Multifamily Market Summary – February 2022
New lease asking rents are at $1,199, up 15.1%▲
from the previous year placing Chattanooga at
38th overall in year-over-year rent growth,
Chattanooga Multifamily Market Summary – January 2022
New lease asking rents are at $1,192, up 14.8%▲
from the previous year placing Chattanooga at
40th overall in year-over-year rent growth.
Chattanooga Multifamily Market Summary – December 2021
New lease asking rents are at $1,165, up 14.4%▲
from the previous year placing Chattanooga at
35th overall in year-over-year rent growth.