
Cheap Apartments for Rent in the Five Points Neighborhood of Athens, GA from $500 (5 Rentals)
Search the lowest-cost Apartments available for rent right now in the Five Points area of Athens.


The Grove at Five Points
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Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Mi Casa Apartments

425 Peabody St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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Carousel Village Apartments
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 | $1,000 | $834 | $1,194 |
| Five Points 1 Bedroom Apartments | $1,103 | $749 | $3,939 |
| Five Points 2 Bedroom Apartments | $1,455 | $525 | $1,900 |
| Five Points 3 Bedroom Apartments | $1,600 | $1,600 | $1,600 |
Browse Apartments in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Five Points Neighborhood of Athens, GA.
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Cheapest Available Five Points Apartments for Rent
 The cheapest available apartment rental in the Five Points area of Athens, GA is a 1 Bed unit found at University Garden priced from $734. The Grove at Five Points has the second lowest priced unit, which is a Studio apartment currently listed from $834. Here are the most affordable Five Points apartments for rent in Athens, GA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| University Garden | 1x1500 | 1BR,1BA | $734 |
| The Grove at Five Points | Studio 350 | Studio,1BA | $834 |
| Royal Springs Apartments | 2BR/1.0BA | 2BR,1BA | $1,325 |
Best Value Apartments for Rent in Five Points, GA
As of March 15, 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 2BR/2BA (rent is per bedroom) Model at Riverbend Club Apartments starting at $665 with a $0.67 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 Unit 8 | 1905 S Milledge Ave | 2BR,2.5BA | $1.55 |
| Riverbend Club Apartments | 2BR/2BA (rent is per bedroom) | 2BR,2BA | $0.67 |
| Royal Springs Apartments | 2BR/1.0BA | 2BR,1BA | $1.33 |
| The Wright House | 2x2 | 2BR,2BA | $6.00 |
| University Garden | Studio | Studio ,1BA | $1.68 |
| The Grove at Five Points | Studio 350 | Studio ,1BA | $2.38 |
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 The Grove at Five Points listed at $834.
How much is rent for a Cheap One Bedroom Five Points Apartment?
The lowest price for a Cheap One Bedroom Five Points Apartment is $734 at University Garden.
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 $1,325 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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.