Chattanooga is the 99th largest multifamily market with 32,196 completed units and 9,790 units in development, 1,731 of which have already broken ground, as of September 2022.
Chattanooga Multifamily Market Summary – September 2022
New lease asking rents are at $1,308, up 13.1%▲
from the previous year placing Chattanooga at
13th overall in year-over-year rent growth.
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.