Updated 1 Day Ago
Location
318 Walnut St, Chattanooga, TN 37403, USA|Downtown Chattanooga
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Property Overview
318 Walnut Street Chattanooga, TN 37403 offers strong overall value, with high marks for price, location, amenities, and trustworthiness. It also stands out for sustainability, fitness and wellness, and social life, with nearby parks, transit, walkability, gyms, sports facilities, restaurants, and mixed-use spaces.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Great for” are based on our internal analyses of market trends and renter insights.
Great for
Eco living
Social life
Wellness
Floor plans
| 2x2 | 2 bed | 2 bath | $1,650 /mo | 1 unit available | Seize the opportunity to live in luxury at 318 Walnut Street in the heart of Chattanooga, TN. This stunning multiplex rental property offers a spacious 2-bedroom, 2-bathroom layout with 1100 sq ft of living space. With a convenient location and easy access to the city's best dining, shopping, and entertainment options, this property is the perfect place to call home. The open floor plan and large windows flood the space with natural light, creating a bright and welcoming environment. The bedrooms are generously sized and offer plenty of closet space for storage. The property also includes a designated parking spot for added convenience. Don't miss out on the opportunity to experience the best of urban living at 318 Walnut Street. Book your tour today and see why this multiplex rental property is the perfect place for you to live your best life in Chattanooga. |
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One-time. Refundable.
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Building details
Property details
| Units | 16 |
|---|
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About 318 Walnut Street Chattanooga, TN 37403
Seize the opportunity to live in luxury at 318 Walnut Street in the heart of Chattanooga, TN. This stunning multiplex rental property offers a spacious 2-bedroom, 2-bathroom layout with 1100 sq ft of living space. With a convenient location and easy access to the city's best dining, shopping, and entertainment options, this property is the perfect place to call home. The open floor plan and large windows flood the space with natural light, creating a bright and welcoming environment. The bedrooms are generously sized and offer plenty of closet space for storage. The property also includes a designated parking spot for added convenience. Don't miss out on the opportunity to experience the best of urban living at 318 Walnut Street. Book your tour today and see why this multiplex rental property is the perfect place for you to live your best life in Chattanooga.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.4
/10
Very GoodWith a solid 8.4 out of 10 overall, 318 Walnut Street Chattanooga, TN 37403 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 318 Walnut Street Chattanooga, TN 37403 has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
318 Walnut Street Chattanooga, TN 37403 offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 318 Walnut Street Chattanooga, TN 37403 is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
318 Walnut Street Chattanooga, TN 37403 is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 318 Walnut Street Chattanooga, TN 37403 does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
318 Walnut Street Chattanooga, TN 37403 is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 318 Walnut Street Chattanooga, TN 37403 compares to other nearby properties.
Considerations
- Greater distance from high schools
- The nearest high school is farther than 2 miles away
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Rent trends in Downtown Chattanooga
2-bedroom apartments at 318 Walnut Street Chattanooga, TN 37403 cost about 8% less than the average rent price for 2-bedroom apartments in Downtown Chattanooga.
Median rents as of Sep 12 2026.
Downtown Chattanooga
Chattanooga
| Month | Median Rent |
|---|---|
| September 2024 | $1,220 |
| October 2024 | $1,220 |
| November 2024 | $1,240 |
| December 2024 | $1,250 |
| January 2025 | $1,237 |
| February 2025 | $1,228 |
| March 2025 | $1,231 |
| April 2025 | $1,207 |
| May 2025 | $1,199 |
| June 2025 | $1,198 |
| July 2025 | $1,156 |
| August 2025 | $1,135 |
| September 2025 | $1,173 |
| October 2025 | $1,194 |
| November 2025 | $1,195 |
| December 2025 | $1,176 |
| January 2026 | $1,162 |
| February 2026 | $1,156 |
| March 2026 | $1,153 |
| April 2026 | $1,138 |
| May 2026 | $1,097 |
| June 2026 | $1,105 |
| July 2026 | $1,138 |
| August 2026 | $1,175 |
| September 2026 | $1,192 |
| Month | Median Rent |
|---|---|
| September 2024 | $1,229 |
| October 2024 | $1,263 |
| November 2024 | $1,246 |
| December 2024 | $1,258 |
| January 2025 | $1,266 |
| February 2025 | $1,270 |
| March 2025 | $1,265 |
| April 2025 | $1,235 |
| May 2025 | $1,202 |
| June 2025 | $1,179 |
| July 2025 | $1,192 |
| August 2025 | $1,180 |
| September 2025 | $1,190 |
| October 2025 | $1,199 |
| November 2025 | $1,200 |
| December 2025 | $1,191 |
| January 2026 | $1,165 |
| February 2026 | $1,187 |
| March 2026 | $1,196 |
| April 2026 | $1,192 |
| May 2026 | $1,114 |
| June 2026 | $1,144 |
| July 2026 | $1,154 |
| August 2026 | $1,180 |
| September 2026 | $1,187 |
Affordability calculator
Can I afford to live at 318 Walnut St?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$66,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $66,000 annually to afford this 2-bedrooms monthly rent price of $1,650.
For more information on rent affordability, visit our rent calculator.
Schools near 318 Walnut Street Chattanooga, TN 37403
Hamilton County Virtual School
3074 hickory valley rd
chattanooga, TN, 37421
K-12Public
B-
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Internet available near 318 Walnut Street Chattanooga, TN 37403
Neighborhood
Downtown Chattanooga | Chattanooga, TN
Getting around Chattanooga near 318 Walnut St
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 318 Walnut St, Chattanooga
Groceries
8/10
Wide variety of groceries within a short drive, including some within walking distance
Shopping
7/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
9/10
Wide variety of cafés within a few minutes’ walk
Restaurants
8/10
Wide variety of restaurants within a few minutes’ walk
Primary schools
7/10
At least one elementary school within a 15-minute walk
High schools
7/10
At least one high school within a 15-minute walk
Nightlife
9/10
Exceptional variety of bars right within a few minutes’ walk
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