Cheap Apartments for Rent in the Five Points Neighborhood of Atlanta, GA from $800 (39 Rentals)

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

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Generation Atlanta
Rent Specials
$1,389 - $2,875
Total Monthly Price

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$1,253 - $2,739
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Studio to 2 Bedroom Apartments Available Now

Generation Atlanta

369 Centennial Olympic Park Dr NWAtlanta, GA 30313
Luxury
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Pencil Factory Flats
Rent Specials
$1,405 - $2,935
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$1,245 - $2,775
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Studio to 3 Bedroom Apartments Available Now

Pencil Factory Flats

349 Decatur St SEAtlanta, GA 30312
Corporate Housing
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Ascent Peachtree
Rent Specials
$1,541 - $5,130
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$1,396 - $4,985
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Studio to 3 Bedroom Apartments Available Now

Ascent Peachtree

161 Peachtree Center AveAtlanta, GA 30303
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505 Courtland
Rent Specials
$1,592 - $3,823
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$1,422 - $3,653
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Studio to 3 Bedroom Apartments Available Now

505 Courtland

505 Courtland St NEAtlanta, GA 30308
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The Grace Residences
Rent Specials
$1,648 - $4,425
Total Monthly Price

Total Monthly Price

Base Rent
$1,477 - $4,254
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Studio to 3 Bedroom Apartments Available Now

The Grace Residences

200 Nerem St NWAtlanta, GA 30332
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Showing Results 1-39, Page 1 of 1

Cheapest Available Five Points Apartments for Rent

 

The cheapest available apartment rental in the Five Points area of Atlanta, GA is a 3 Beds unit found at The Villages of Castleberry I&II priced from $890. Crest on Peachtree has the second lowest priced unit, which is a Studio apartment currently listed from $899. Here are the most affordable Five Points apartments for rent in Atlanta, GA:

Apartment ListingModel NameBed/BathPriced From
The Villages of Castleberry I&IIThe Dublin3BR,2BA$890
Crest on PeachtreePonceStudio,1BA$899
Ashley Scholars LandingStudio - Phase IStudio,1BA$975
Centennial PlaceThe Columbus1BR,1BA$1,216
Sentral West Midtown at Star MetalsS2Studio,1BA$1,235
The Atlantic North HighlandGeorgian - A1B1BR,1BA$1,260
Broadstone 2ThirtyS1Studio,1BA$1,264
131 PonceAL1Studio,1BA$1,280
The Lookout O4WCandler1BR,1BA$1,290
Modera Westside TrailS01Studio,1BA$1,312

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 $1.56 price per square foot A3 Model at Ashley Auburn Pointe in the in the Little Five Points neighborhood starting from $2,004. The second greatest value Five Points apartment is the 2 Bed 2 Bath J Model at InTown Lofts starting at $1,882 with a $1.59 price per square foot in the Centennial Place 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.
Ashley Auburn PointeA33BR,2BA$1.56
InTown Lofts2 Bed 2 Bath J2BR,2BA$1.59
Flats on Maple Street2 Bed 2 Bath2BR,2BA$1.74
The Villages of Castleberry I&IIThe Alder1BR,1BA$1.30
The Atlantic North HighlandMitchell - A1A1BR,1BA$1.91
Smith and PorterA11BR,1BA$2.19
The Lookout O4WAnsleyStudio ,1BA$2.04
Verge ApartmentsS1Studio ,1BA$2.15
Ashley Scholars LandingStudio - Phase IStudio ,1BA$1.86
Crest on PeachtreeVirginiaStudio ,1BA$2.13

Frequently Asked Questions about Cheap Five Points Apartments

What is a cheap apartment in Five Points?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Five Points is under $1,312.

What is the price of a cheap apartment in Five Points?

The cheapest apartment in Five Points is The Villages of Castleberry I&II which is listed at $924, while the average apartment in Five Points costs $3,240.

What types of apartments are the cheapest in Five Points?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 366 regular apartments in Five Points that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Five Points?

Cheap apartments in Five Points have an average cost of $806 which is $2,434 cheaper than the average rent for all rentals in Five Points.

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.

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