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Chattanooga's multifamily vacancy rate declines following construction slowdown

The Tennessee market’s vacancy rate has dropped almost 250 basis points this year
CoStar Analytics
November 4, 2025 | 3:37 P.M.

After several years of oversupply, the Chattanooga, Tennessee, multifamily market is entering a period of renewed stability with demand elevated and the market's pipeline at one of its lowest levels in a decade.

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IN THIS ARTICLE


  • Properties
    • Phase 2

      1119 Riverfront Pky, Chattanooga, TN