516 E  5th St #3, Chattanooga, TN 37403
Property image
Property image
OFF MARKET

516 E 5th St #3
Chattanooga, TN 37403

University
  • Studio
  • 1 Bath
  • 350 sqft
Studio
1 Bath
350 sqft

Local Information

  • Map ViewExplore the area around 516 E 5th St #3.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Apartment
Living Area
350 sqft

Description

Are you looking for a hip downtown apartment within walking distance of UTC, great restaurants, and local attractions? Whether you work at Unum, Erlanger, or TVA, this apartment is the perfect spot! Newly renovated, these apartments are energy efficient with equipped kitchens and nice windows that let the sun right in.

Apartments located at 516, 518 & 522 E. Fifth Street. Please note that the apartment shown above may not be the apartment available.

This unit is income restricted, you cannot be a full time student/ must meet income restricted criteria to qualify.

**Single person household's annual income cannot exceed $38,940**
516 E 5th St #3, Chattanooga, TN 37403 is a studio, 1 bathroom, 350 sqft apartment in University. More recently, it was listed as a rental in February 2025 with an asking price of $745 per month. That rental listing was removed on February 27, 2025. It is currently off market. The Trulia Estimate rent is $1,012/month.

Home Details for 516 E 5th St #3

Property Information

Property Type / Style
Property Type: Apartment

Rental Terms, Policies & Fees

Lease Term: Contact For DetailsAvailable: now

Interior Features

Appliances & Utilities
Refrigerator

Price History for 516 E 5th St #3

DatePriceEventSource
02/27/2025$745ListingRemovedZillow Rentals
02/20/2025$745Listed For RentZillow Rentals
07/19/2018$560ListingRemovedAgent Provided
07/13/2018$560Listed For RentAgent Provided

Market trends in Chattanooga

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$342K
$18.33K
MoM
Sale-to-List Price
98.4%
0.4%
MoM
Price per sq ft
$194
$6
MoM
Available listings
1102
17
MoM
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Comparable Sales for 516 E 5th St #3

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.97
Apartment
$560,000
06/05/26
2
2
1,217
2.10
Apartment
$157,500
03/23/26
1
1
500
1.88
Apartment
$373,000
12/03/25
2
2
1,175
1.74
Apartment
$585,000
06/25/26
3
3.5
2,298
2.56
Apartment
$200,000
11/18/25
2
1
1,095
2.97
Apartment
$70,000
08/27/25
2
1
1,368
3.88
Apartment
$120,751
08/18/25
1
1
780
3.88
Apartment
$130,000
11/18/25
1
1
780
3.50
Apartment
$585,000
06/09/26
3
2.5
1,600
3.82
Apartment
$135,000
09/24/25
2
1
1,873
Home facts updated by county records

Nearby homes

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Assigned Schools

These are the assigned schools for 516 E 5th St #3.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about University

At least 5 Trulia users voted on each feature.
  • 83 % Say there are sidewalks

  • 82 % Say it's dog friendly

  • 78 % Say car is needed

  • 69 % Say it's walkable to restaurants

  • 67 % Say there's holiday spirit

  • 59 % Say neighbors are friendly

  • 58 % Say streets are well-lit

  • 57 % Say people would walk alone at night

  • 50 % Say there are community events

  • 50 % Say they plan to stay for at least 5 years

  • 40 % Say it's walkable to grocery stores

  • 38 % Say parking is easy

  • 31 % Say kids play outside

  • 30 % Say yards are well-kept

  • 29 % Say there's wildlife

  • 25 % Say it's quiet

Sourced by Trulia users. Learn more about our methodology.
  • Thefliest
    "Chattanooga market is going up and exciting thing are happening. This also means that if you want nice finishes and amenities than you have to pay to play. "

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 516 E 5th St #3

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Off Market Homes Near 516 E 5th St #3

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