Cheap Apartments for Rent in the Five Points Neighborhood of Atlanta, GA from $800 (40 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 - $3,040
Total Monthly Price

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$1,389 - $3,040
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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 - $2,993
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$1,405 - $2,993
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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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Marchon
Rent Specials
$1,465 - $2,193
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$1,465 - $2,193
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Studio to 2 Bedroom Apartments Available Now

Marchon

Grant St SEAtlanta, GA 30312
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Ascent Peachtree
Rent Specials
$1,527 - $13,744
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$1,527 - $13,744
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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
$1,632 - $3,686
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$1,632 - $3,686
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Studio to 3 Bedroom Apartments Available Now

505 Courtland

505 Courtland St NEAtlanta, GA 30308
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AMLI Parkside
Rent Specials
$1,661 - $3,714
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$1,661 - $3,714
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Studio to 2 Bedroom Apartments Available Now

AMLI Parkside

660 Ralph McGill BlvdAtlanta, GA 30312
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Novel Midtown
Rent Specials
$1,839 - $4,880
Total Monthly Price

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Base Rent
$1,839 - $4,880
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Studio to 3 Bedroom Apartments Available Now

Novel Midtown

1140 Spring St NWAtlanta, GA 30309
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Showing Results 1-40, 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 Studio unit found at Crest on Peachtree priced from $899. Ashley Scholars Landing has the second lowest priced unit, which is a Studio apartment currently listed from $975. Here are the most affordable Five Points apartments for rent in Atlanta, GA:

Apartment ListingModel NameBed/BathPriced From
Crest on PeachtreePonceStudio,1BA$899
Ashley Scholars LandingStudio - Phase IStudio,1BA$975
The Villages of Castleberry I&IIThe Castell2BR,1BA$1,044
Mechanicsville Family Apartments1 Bed, 1 bath1BR,1BA$1,085
Ashley Auburn PointeA1.11BR,1BA$1,137
Marq on Ponce0DStudio,1BA$1,149
The Lookout O4WAnsleyStudio,1BA$1,173
Centennial PlaceThe Columbus1BR,1BA$1,216
Modera Westside TrailS01Studio,1BA$1,312
The MitchellS7Studio,1BA$1,312

Best Value Apartments for Rent in Five Points, GA

As of April 30, 2026 the best value apartment in the Five Points area is the $1.58 price per square foot 2 Bed 2 Bath J Model at InTown Lofts in the in the Centennial Place neighborhood starting from $1,862. The second greatest value Five Points apartment is the 3 Bed 2 Bath Model at Flats on Maple Street starting at $2,035 with a $1.77 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.
InTown Lofts2 Bed 2 Bath J2BR,2BA$1.58
Flats on Maple Street3 Bed 2 Bath3BR,2BA$1.77
The Villages of Castleberry I&IIThe Castell2BR,1BA$1.17
The Lookout O4WChattahoochee1BR,1BA$1.93
Ashley Auburn PointeA11BR,1BA$1.50
Mechanicsville Family Apartments1 Bed, 1 bath1BR,1BA$1.45
Smith and PorterS1 - C1BR,1BA$2.03
The Atlantic North HighlandMitchell - A1A1BR,1BA$2.03
Marq on Ponce0CStudio ,1BA$2.07
Ashley Scholars LandingStudio - Phase IStudio ,1BA$1.86

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 Mechanicsville Family Apartments which is listed at $1,085, while the average apartment in Five Points costs $3,169.

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 315 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 $880 which is $2,289 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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