
Cheap Apartments for Rent in the Five Points Neighborhood of Athens, GA from $500 (4 Rentals)
Search the lowest-cost Apartments available for rent right now in the Five Points area of Athens.


159 E Cloverhurst Ave, Unit 8
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Five Points, Athens, GA Local Guide

How much does it cost to rent an apartment in Five Points?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Five Points Studio Apartments | $975 | $773 | $1,179 |
| Five Points 1 Bedroom Apartments | $1,116 | $909 | $1,499 |
| Five Points 2 Bedroom Apartments | $1,571 | $665 | $3,000 |
| Five Points 3 Bedroom Apartments | $2,100 | $2,100 | $2,100 |
Browse Apartments in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Five Points Neighborhood of Athens, GA.
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Best Value Apartments for Rent in Five Points, GA
As of July 28, 2026 the best value apartment in the Five Points area is the $1.49 price per square foot 1905 S Milledge Ave Model at 1905 S Milledge Ave, Unit Apt 4 in the in the Eastside Athens neighborhood starting from $1,750. The second greatest value Five Points apartment is the 1905 S Milledge Ave Model at 1905 S Milledge Ave, Unit Unit 8 starting at $1,725 with a $1.46 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1905 S Milledge Ave, Unit Apt 4 | 1905 S Milledge Ave | 2BR,2.5BA | $1.49 |
| 1905 S Milledge Ave, Unit Unit 8 | 1905 S Milledge Ave | 2BR,2.5BA | $1.46 |
| 2027 S Milledge Ave | 2027 S Milledge Ave | 2BR,1BA | $1.50 |
| Riverbend Club Apartments | 4BR/2BA (rent is per bedroom) | 4BR,2BA | $0.48 |
| Royal Springs Apartments | 2BR/1.0BA | 2BR,1BA | $1.28 |
| University Garden | 1x1cc | 1BR,1BA | $1.45 |
| The Wright House | 2x2 | 2BR,2BA | $6.00 |
| Grove at Five Points | Studio 350 | Studio ,1BA | $2.31 |
Frequently Asked Questions about Cheap Five Points Apartments
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.