Cheap Apartments for Rent in the Little Five Points Neighborhood of Atlanta, GA from $400 (162 Rentals)

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

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Little Five Points, Atlanta, GA Local Guide

Cheapest Available Little Five Points Apartments for Rent

 

The cheapest available apartment rental in the Little Five Points area of Atlanta, GA is a 2 Beds unit found at Capitol Gateway priced from $1,025. 1209 Memorial Drive has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. Here are the most affordable Little Five Points apartments for rent in Atlanta, GA:

Apartment ListingModel NameBed/BathPriced From
Capitol GatewayMontgomery2BR,2BA$1,025
1209 Memorial DriveRedbud1BR,1BA$1,050
214 Randolph StreetMagnolia1BR,1BA$1,190
7420BR/1.0BAStudio,1BA$1,195
Element at KirkwoodA11BR,1BA$1,199
Station Square Apartments2 Beds, 1 bath2BR,1BA$1,199
Arbors of East Atlanta2 bed 1 bath C2BR,1BA$1,200
The Prato at Midtown1x1C Renovated1BR,1BA$1,212
Alton EastLoft 1 AFStudio,1BA$1,222
Pencil Factory FlatsA71BR,1BA$1,246

Best Value Apartments for Rent in Little Five Points, GA

As of February 01, 2026 the best value apartment in the Little Five Points area is the $1.73 price per square foot 378 Angier Ave NE Model at 378 Angier Ave NE, Unit 378 Angier Ave in the in the Midtown neighborhood starting from $2,600. The second greatest value Little Five Points apartment is the 609 McGill Park Ave NE Model at 609 McGill Park Ave NE starting at $2,450 with a $1.73 price per square foot in the Little Five Points neighborhood. Here is today’s list of the best values for Little Five Points apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
378 Angier Ave NE, Unit 378 Angier Ave378 Angier Ave NE3BR,2BA$1.73
609 McGill Park Ave NE609 McGill Park Ave NE2BR,2BA$1.73
Skyline ATLThe Piedmont2BR,2BA$1.53
Ashley Auburn PointeA22BR,2BA$1.35
11 Moreland Avenue Northeast11 Moreland Avenue Northeast3BR,1BA$1.36
The Atlantic North HighlandAvondale - B2A2BR,2BA$1.53
Arbors of East Atlanta2BR/1.0BA2BR,1BA$1.41
Station Square Apartments2 Beds, 1 bath2BR,1BA$1.60
Element at KirkwoodA11BR,1BA$1.71
214 Randolph StreetMagnolia1BR,1BA$1.76

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Commute Less, Live More: Top Neighborhoods Near Atlanta's Biggest Companies

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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A Local Expert's Guide to the Top Student Friendly Neighborhoods to Rent Near Colleges in Atlanta

A Local Expert's Guide to The 10 Best Affordable Neighborhoods in the Atlanta, GA metro area for affordable living. Find your perfect Atlanta apartment, condo, or rental home today at ApartmentHomeliving.com

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Lifestyle Ratings

This website works hard to bring you comprehensive Lifestyle Ratings of rentals in cities and towns across the United States including Little Five Points, Atlanta, and the greater Atlanta area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, transit availability, pet-friendly communities, family-friendliness, and more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Little Five Points Apartments

What is a cheap apartment in Little Five Points?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Little Five Points is under $1,246.

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

The cheapest apartment in Little Five Points is 1209 Memorial Drive which is listed at $1,050, while the average apartment in Little Five Points costs $19,807.

What types of apartments are the cheapest in Little 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 81 regular apartments in Little 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 Little Five Points?

Cheap apartments in Little Five Points have an average cost of $349 which is $19,458 cheaper than the average rent for all rentals in Little 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.

Helpful Local Expert Guides

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An Atlanta Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in the Atlanta Area

Written by: Jan Boling

Atlanta, Georgia is a large, modern city with many neighborhoods that welcome both newcomers and natives.

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Top Student Friendly Neighborhoods to Rent Near Colleges in Atlanta

Written by: Brandie Parton

As a member of the Apartment Home Living team, I am honored to share all I know about the fabulous city that I affectionately call ATL.

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Commute Less, Live More: Top Neighborhoods Near Atlanta's Biggest Companies

Written by: Brandie Parton

Hi there, I am Brandie Parton, your ApartmentHomeLiving.com Local Expert for Atlanta, GA. I love this bustling city that never seems to quit, rest, or become boring.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

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