
Cheap Apartments for Rent in the Five Points Neighborhood of Atlanta, GA from $809 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in the Five Points area of Atlanta.


Mechanicsville Family Apartments

InTown Lofts

The Villages of Castleberry I&II

Westley on the Beltline

Castleberry Park

The Lookout O4W

Ashley Auburn Pointe

Total Monthly Price
505 Courtland
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The Mitchell

Total Monthly Price
Pencil Factory Flats

131 Ponce

Marq on Ponce

Total Monthly Price
Marchon

The Atlantic North Highland

Woodrow House

Sentral West Midtown at Star Metals

Ashley Scholars Landing
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Lofts at Centennial Yards

Glenwood Park Lofts

Smith and Porter

Bexley Summerhill

Porter Westside

Total Monthly Price
The Grace Residences

Platform Grant Park
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Total Monthly Price
Ascent Peachtree

Modera Westside Trail

Lumen Grant Park

Total Monthly Price
Novel Midtown (GA)

Citizen on the Beltline

The Upton

Eighty-Five Peachtree

Stella at Star Metals

20 Marietta St NW
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Five Points, Atlanta, 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 | $1,603 | $944 | $3,072 |
| Five Points 1 Bedroom Apartments | $2,068 | $949 | $5,917 |
| Five Points 2 Bedroom Apartments | $2,642 | $970 | $7,927 |
| Five Points 3 Bedroom Apartments | $3,450 | $1,075 | $10,000+ |
| Five Points 4 Bedroom Apartments | $1,198 | $809 | $1,499 |
Browse Apartments in this Neighborhood
There are currently 36 rentals with your search options within a 2 mile radius of the Five Points Neighborhood of Atlanta, GA.
See all Apartments in AtlantaExplore Atlanta
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 $924. Glenwood Park Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $1,127. Here are the most affordable Five Points apartments for rent in Atlanta, GA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Crest on Peachtree | Ponce | Studio,1BA | $924 |
| Glenwood Park Lofts | A1 - Studio | Studio,1BA | $1,127 |
| Castleberry Park | M2WF | Studio,1BA | $1,238 |
| The Lookout O4W | Ansley | Studio,1BA | $1,246 |
| Ashley Auburn Pointe | A1 | 1BR,1BA | $1,253 |
| The Mitchell | S8 | Studio,1BA | $1,325 |
| Pencil Factory Flats | S1 | Studio,1BA | $1,330 |
| The Villages of Castleberry I&II | The Dublin | 2BR,2BA | $1,335 |
| Westley on the Beltline | 1B | 1BR,1BA | $1,350 |
| Marchon | A1-AFF | Studio,1BA | $1,365 |
Best Value Apartments for Rent in Five Points, GA
As of September 10, 2026 the best value apartment in the Five Points area is the $1.72 price per square foot TW02 Model at Woodrow House in the in the Summerhill neighborhood starting from $3,375. The second greatest value Five Points apartment is the 2 Bed 2 Bath H Model at InTown Lofts starting at $1,806 with a $1.61 price per square foot in the Downtown Atlanta 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. |
|---|---|---|---|
| Woodrow House | TW02 | 3BR,4BA | $1.72 |
| InTown Lofts | 2 Bed 2 Bath H | 2BR,2BA | $1.61 |
| Ashley Scholars Landing | 2 Bedroom, 2 Bath - Phase I | 2BR,2BA | $2.01 |
| The Villages of Castleberry I&II | The Castell | 2BR,1BA | $1.50 |
| Glenwood Park Lofts | A2 - Studio | Studio ,1BA | $1.84 |
| Ashley Auburn Pointe | A1 | 1BR,1BA | $1.66 |
| Smith and Porter | S1 - C | 1BR,1BA | $2.03 |
| Westley on the Beltline | 1BX (Renovated) | 1BR,1BA | $1.95 |
| The Atlantic North Highland | Mitchell - A1A | 1BR,1BA | $2.04 |
| One12 Courtland | 2BR/1BA | 2BR,1BA | $1.58 |
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 $1,365.
What is the price of a cheap apartment in Five Points?
The cheapest apartment in Five Points is Crest on Peachtree which is listed at $974, while the average apartment in Five Points costs $1,926.
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 172 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 $881 which is $1,045 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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