Chattanooga, TN 2025 Q3 Multifamily Market Overview

Market Overview

‍The metro Chattanooga multifamily market is entering a stabilization phase in Q3 2025. Average asking rent stands at $1,379 per unit, occupancy at 89.5 percent, and net absorption for the past 12 months reached 1,265 units. With only 556 units under construction, new supply is limited signaling improved balance.

‍About The Kirkland Company

‍The Kirkland Company is a commercial-real-estate investment firm focused on the Midwest and Southeast markets. Their Chattanooga Q3 2025 multifamily report features analysis on rent metrics, occupancy trends, development pipelines, and investment activity, helping owners, developers and investors assess timing and strategic positioning.To read the full report, click here.