Zumper
modified
3 Hours Ago

Highlights

  • Pet Friendly
  • Wifi
  • Quartz countertops
  • Stainless steel appliances
  • Modern amenities
  • Stainless-steel appliances
  • On-site parking

Location

491 W 26th St, Chattanooga, TN 37408, USA|Downtown Chattanooga
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Contact

Management

Second Story Real Estate Management

Leasing office

(423) 395-1149

Property Overview

Foundry Flats is a highly rated property, receiving an expert rating of 8.8 and showcasing exceptional amenities, including modern features like stainless steel appliances and quartz countertops, with a perfect amenities score of 10. Its competitive pricing and prime location, rated 9 out of 10, offer unparalleled access to nearby schools and conveniences, making it a standout choice for renters. Additionally, the property supports a work-from-home lifestyle, with included utilities and ample natural light.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.8
Very Good
With a solid 8.8 out of 10 overall, Foundry Flats is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, Foundry Flats has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • High school nearby
  • Middle school nearby
  • Less expensive

Great for

  • Work-from-home

Floor plans

1BR/1.0BA1 bed1 bath430+ sqft$995–$1,195 /mo6 units availableHuge One Bed (Nearly 800 Sq. Ft!) Tons Of Natural Light And In-Unit Laundry! Foundry Flats Apartments are located on Chattanooga's trendy South Side with easy access to shops, restaurants, grocery stores and so much more! This huge 1-bed unit is perfect for entertaining with an enormous open-concept living/kitchen space with an island! - Stainless-steel appliances - Quartz countertops - Wood-grain plank flooring - Tons of natural light - Walk-in shower - Full-size in-unit laundry $210 Monthly Utility fee covers water, sewer, trash, pest, on-site parking, Wi-Fi and electric!

Let's explore this property.

Amenities for Foundry Flats

Apartment Amenities

ElectricityTrash
Utilities IncludedWater

Appliances

DishwasherIn-Unit Laundry
MicrowaveOven
Oven/StoveRange
Refrigerator/FreezerWasher and Dryer

Building

Cats OKDogs OK
Sewer
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units44
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About Foundry Flats

HomeApartments in ChattanoogaDowntown Chattanooga Foundry Flats

Ask your Leasing Agent how to get 1 month free rent! Limited time only! Foundry Flats offers contemporary living in Chattanooga's dynamic Southside. With sleek designs and modern amenities, it's an ideal choice for those seeking a stylish urban lifestyle.​ These spacious studio and one bed units features stainless steel appliances, quartz countertops, and contemporary cabinets. Enjoy in-unit washer and dryer! Utility Package includes ALL utilities plus WiFi and on-site parking for only $210 a month! Close to Finley Stadium and the Chattanooga Market Walking distance to local breweries and eateries Easy access to the Riverwalk and downtown attractions​ Nearby Publix, Food City, Starbucks and many other retail shopping locations


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.
8.8
/10
Very Good
With a solid 8.8 out of 10 overall, Foundry Flats is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, Foundry Flats has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
How we rated Foundry Flats
Price·8A 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.
Scoring a 8/10, Foundry Flats is a great option for renters looking for apartments in Downtown Chattanooga. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
Amenities·10A 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.
Foundry Flats stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Foundry Flats 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·9A 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.
Foundry Flats has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
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.

Foundry Flats is great for:

Work-from-home

  • High speed internet is an amenity
  • 4 office supply stores within 1 mile
  • Large windows for natural lighting
  • Utilities included in the rent

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 Foundry Flats compares to other nearby properties.

Positives

High school nearby
There is a high school 0.4 mile away
Middle school nearby
There is a middle school 0.5 mile away
Less expensive
The 1-bedrooms are cheaper than other similar listings nearby

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 1 mile away
Lacks images
Fewer than 10 photos available for this location

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Rent trends in Downtown Chattanooga

1-bedroom apartments at Foundry Flats cost about 24% less than the average rent price for 1-bedroom apartments in Downtown Chattanooga.

Median rents as of Jan 24 2026.
Downtown Chattanooga
Chattanooga
A table of studio rental data trends in Chattanooga
MonthMedian Rent
February 2024$1,342
March 2024$1,345
April 2024$1,299
May 2024$1,198
June 2024$1,196
July 2024$1,226
August 2024$1,218
September 2024$1,219
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
A table of studio rental data trends in Downtown Chattanooga
MonthMedian Rent
February 2024$1,351
March 2024$1,386
April 2024$1,281
May 2024$1,127
June 2024$1,105
July 2024$1,170
August 2024$1,207
September 2024$1,246
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$1,155

Affordability calculator

Can I afford to live at 491 W 26th St?

Bedrooms

1 bedroom

Rent-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

$39,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $39,800 annually to afford this 1-bedroom monthly rent price of $995.
For more information on rent affordability, visit our rent calculator.

Schools near Foundry Flats

Battle Academy for Teaching & Learning

1601 market st

chattanooga, TN, 37408

PK, K-5Public
B+

Hamilton County Virtual School

3074 hickory valley rd

chattanooga, TN, 37421

K-12Public
B-
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Internet available near Foundry Flats

Getting around Chattanooga near 491 W 26th St

Walking

4/10
Some shops and stores are within a few minutes.

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

4/10
This is semi-bikeable, but you’ll need another way of getting around.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 491 W 26th St, Chattanooga

Groceries

8/10
At least one grocery store within a 15-minute walk

Shopping

5/10
Some shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

6/10
Some restaurants within walking distance

Primary schools

8/10
At least one elementary school within a 10-minute walk

High schools

8/10
At least one high school within a 10-minute walk

Nightlife

4/10
Few or no bars within walking distance

Explore the area around 491 W 26th St

Gordon Food Service Store
1817 Broad St
Carniceria Loa
1500 Broad St
Food City
1375 Broad St
K-VA-T Food Stores Inc
1375 Broad St
Tienda Maya
1939 Central Ave

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