The Jewel Summit Pointe
4832 Ruby Red Dr,
Ooltewah, TN 37363
1-3 Beds | $1,379 - $2,124
Rental Market Trends in Ooltewah, TN
What is the average rent in Ooltewah, TN?
$1,366/month
Average Rent
823 Sq Ft
Average Apartment Size
-3.2%
Decrease in the Last Year
As of July 2025, the average rent in Ooltewah, TN is $1,366 per month. This is 17% lower than the national average rent of $1,637/month, making renting in Ooltewah more affordable than most cities in the US. When you rent an apartment in Ooltewah, you can expect to pay about per month for a studio, $1,366 for a one-bedroom apartment, and around $1,660 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,944 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Ooltewah, TN?
In the past year, rent has decreased by 3.2%, which averages out to $44 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2025
Legend
2024
2025
Rent Ranges in Ooltewah, TN
Last Updated July 2025
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
11%
$1,001 - $1,500/month
89%
$1,501 - $2,000/month
0%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Ooltewah?
Based on current rent prices, Ooltewah-Summit, Stratford Place and Integra Hills are the most affordable neighborhoods in Ooltewah.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Ooltewah?
Based on current rent prices, Collegedale, Ooltewah-Summit and Stratford Place are the most expensive neighborhoods in Ooltewah.
Neighborhood
Average Rent
Average Sq Ft
Which Ooltewah neighborhoods have the most rentals available?
The neighborhoods in Ooltewah with the most apartments available are Collegedale, Ooltewah-Summit and Stratford Place .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Ooltewah, TN?
Because the average rent in Ooltewah is $1,366, you’ll want to make about $4,553 per month or $54,636 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Ooltewah, TN compare to other nearby cities and neighborhoods?
Use the tool below to compare Ooltewah, TN to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
-
One Bedroom
$1,308/month
$1,376/month
Two Bedroom
$1,721/month
$1,650/month
Three Bedroom
$1,868/month
$1,962/month
Nearby City Rent Trends
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.
* Percentages may not total 100 due to rounding.