Rentometer, Inc. | Data as of 12/04/2025
Red Bank, Tennessee, sits just minutes east of Chattanooga along the picturesque Tennessee River, offering residents a blend of small‑city charm and easy access to urban amenities. The community is known for its tree‑lined streets, nearby parks such as Red Bank Park and Raccoon Mountain, and a growing selection of local shops, eateries, and commuter‑friendly transit options. Families and young professionals alike are drawn to the area’s reputable schools, outdoor recreation opportunities, and the convenience of being close to major employers in the Chattanooga metropolitan region. This balanced lifestyle fuels a steady demand for both apartments and single‑family homes, making Red Bank a dynamic spot within the statewide rental market.
The rental market in Red Bank features a diverse inventory of studios, one‑ and two‑bedroom apartments, as well as larger three‑ and four‑plus bedroom units, while houses range from cozy one‑bedroom homes to spacious family‑size properties. Studio apartments commonly rent in the $900‑$1,000 range, and one‑bedroom units typically fall in the $1,000‑$1,200 bracket. Two‑bedroom apartments often sit around the $1,200‑$1,300 level, with three‑bedroom options reaching the $1,800‑$2,000 range and premium four‑plus bedroom apartments exceeding $2,400. Single‑family homes follow a similar pattern, with one‑bedroom houses near $1,200, two‑bedroom homes around $1,500, three‑bedroom residences in the $2,000 range, and larger four‑plus bedroom homes topping the $2,400 mark. These price tiers, combined with Red Bank’s attractive amenities and proximity to Chattanooga, make the city an appealing choice for renters seeking value, convenience, and a welcoming community.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $993 | $980 | $945 - $1,080 | $970 - $990 |
| Apartment | 1 Bedroom | $1,074 | $1,075 | $599 - $1,345 | $999 - $1,220 |
| Apartment | 2 Bedroom | $1,252 | $1,275 | $900 - $1,505 | $1,180 - $1,340 |
| Apartment | 3 Bedroom | $1,832 | $1,625 | $1,450 - $2,645 | $1,580 - $1,940 |
| Apartment | 4+ Bedroom | $2,474 | $2,499 | $1,780 - $3,150 | $2,145 - $2,800 |
| House | 1 Bedroom | $1,212 | $951 | $875 - $1,800 | $950 - $1,750 |
| House | 2 Bedroom | $1,457 | $1,450 | $1,150 - $1,800 | $1,395 - $1,500 |
| House | 3 Bedroom | $2,062 | $1,995 | $1,595 - $2,500 | $1,900 - $2,400 |
| House | 4+ Bedroom | $2,454 | $2,392 | $1,900 - $3,150 | $2,290 - $2,700 |
In the current period, the average rent in Red Bank was $993 for Studio, $1,102 for 1 Bedroom, $1,334 for 2 Bedroom, $1,989 for 3 Bedroom, and $2,460 for 4+ Bedroom.
Data provided by Rentometer, Inc.