Cheap Apartments for Rent in the Five Points Neighborhood of Athens, GA from $500 (24 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Five Points area of Athens.

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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 1055 Baxter St

$1,300 - $1,600

2 Bedroom Rentals

Available Now

1055 Baxter St

AthensGA30606
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Mi Casa Apartments
1 to 2 Bedroom Apartments

Mi Casa Apartments

112 E Cloverhurst AveAthens, GA 30605
  • Utilities Included

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Mathis Apartments
Studio to 2 Bedroom Apartments

Mathis Apartments

1510 S Lumpkin StAthens, GA 30605
  • Utilities Included
property at 935 Baxter St

$1,450 - $1,495

2 Bedroom Rentals

Available Now

935 Baxter St

AthensGA30606

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Showing Results 1-24, Page 1 of 1

Cheapest Available Five Points Apartments for Rent

 

The cheapest available apartment rental in the Five Points area of Athens, GA is a Studio unit found at Grove at Five Points priced from $791. University Garden has the second lowest priced unit, which is a Studio apartment currently listed from $838. Here are the most affordable Five Points apartments for rent in Athens, GA:

Apartment ListingModel NameBed/BathPriced From
Grove at Five PointsStudio 300Studio,1BA$791
University GardenStudioStudio,1BA$838
Royal Springs Apartments2BR/1.0BA2BR,1BA$1,275

Best Value Apartments for Rent in Five Points, GA

As of April 29, 2026 the best value apartment in the Five Points area is the $1.55 price per square foot 1905 S Milledge Ave Model at 1905 S Milledge Ave, Unit Unit 8 in the in the Eastside Athens neighborhood starting from $1,825. The second greatest value Five Points apartment is the 4BR/2BA (rent is per bedroom) Model at Riverbend Club Apartments starting at $455 with a $0.46 price per square foot in the Eastside Athens neighborhood. Here is today’s list of the best values for Five Points apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1905 S Milledge Ave, Unit Unit 81905 S Milledge Ave2BR,2.5BA$1.55
Riverbend Club Apartments4BR/2BA (rent is per bedroom)4BR,2BA$0.46
Royal Springs Apartments2BR/1.0BA2BR,1BA$1.28
The Wright House2x22BR,2BA$6.00
University GardenStudioStudio ,1BA$1.68
Grove at Five PointsStudio 300Studio ,1BA$2.64

Frequently Asked Questions about Cheap Five Points Apartments

What is the Cheapest Studio apartment in Five Points?

Currently the most affordable Cheap Studio Apartment in Five Points is at Grove at Five Points listed at $791.

What is the lowest price for a Cheap Two Bedroom Five Points Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Five Points is starting from $1,275 at Royal Springs Apartments.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

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This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

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