The Jewel Summit Pointe
4832 Ruby Red Dr,
Ooltewah, TN 37363
1-3 Beds | $1,299 - $1,799
Rental Market Trends in Ooltewah, TN
Updated July 2026
The average rent in Ooltewah, TN is $1,350/month.
Rent in Ooltewah is 19% lower than the national average rent of $1,662/month, making this one of the less expensive cities statewide.
$1,350/month
Average Rent
819 Sq Ft
Average Size
+1.6%
Change / Year
262
Available Apartments
Ooltewah rent varies by unit size and layout:
- Studio apartments in Ooltewah average per month.
- One-bedroom apartments in Ooltewah average $1,350 per month.
- Two-bedroom apartments in Ooltewah average $1,670 per month.
- Three-bedroom apartments in Ooltewah average $1,933 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Ooltewah, TN?
In the past year, rent has increased by 1.6%, which averages out to $23 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Ooltewah, TN
July 2026
$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
What are the most affordable neighborhoods in Ooltewah?
Based on current rent prices, Collegedale and Ooltewah-Summit" 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, Ooltewah-Summit and Collegedale" 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 and Ooltewah-Summit" .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Ooltewah, TN?
Because the average rent in Ooltewah is $1,350, you’ll want to make about $4,500 per month or $54,000 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.
View the Ooltewah Area GuideStudio
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One Bedroom
$1,352/month
$1,352/month
Two Bedroom
$1,652/month
$1,778/month
Three Bedroom
$1,934/month
$1,930/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in Ooltewah We Think You'll Love
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Frequently Asked Questions
What is the average rent in Ooltewah?
The average rent in Ooltewah is $1,350 per month, which is 18.8% lower than the national average of $1,662.
What is the average rent for a house in Ooltewah?
The average rent for a house in Ooltewah, TN is $2,277 per month.
Are rents going up or down in Ooltewah?
Rents in Ooltewah, TN are increasing, with prices up 1.6% year-over-year and $23 more per month.
What rent range is most common in Ooltewah?
In Ooltewah, TN, 89% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.
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 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.