Cheap Apartments for Rent in the Little Five Points Neighborhood of Atlanta, GA from $400 (149 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Top Neighborhoods Near Atlanta Colleges and Universities

Learn about the best Atlanta neighborhoods for student renters by our Local Expert Brandie Parton

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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 1 Bed unit found at Freedom Park Heights priced from $1,140. Revival Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $1,150. Here are the most affordable Little Five Points apartments for rent in Atlanta, GA:

Apartment ListingModel NameBed/BathPriced From
Freedom Park HeightsMagnolia1BR,1BA$1,140
Revival LoftsBarnes - StudioStudio,1BA$1,150
Ashley Auburn PointeA1.11BR,1BA$1,171
McAuley Station1 Bedroom1BR,1BA$1,182
Capitol GatewayConcord1BR,1BA$1,188
Arbors of East Atlanta1 bed 1 bath1BR,1BA$1,190
214 Randolph StreetMagnolia1BR,1BA$1,190
Piedmont Pad ApartmentsThe Mercer III1BR,1BA$1,195
The Prato at Midtown1x1A Renovated1BR,1BA$1,199
Station Square Apartmentsnormal U2BR,1BA$1,199

Best Value Apartments for Rent in Little Five Points, GA

As of June 17, 2025 the best value apartment in the Little Five Points area is the $1.73 price per square foot 609 McGill Park Ave NE Model at 609 McGill Park Ave NE in the in the Little Five Points neighborhood starting from $2,450. The second greatest value Little Five Points apartment is the B2 Model at Muse ATL starting at $1,984 with a $1.65 price per square foot in the Midtown 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.
609 McGill Park Ave NE609 McGill Park Ave NE2BR,2BA$1.73
Muse ATLB22BR,2BA$1.65
Marley EAVAxis2BR,2BA$1.70
Auburn GlennInman Park2BR,2BA$1.37
Capitol GatewayCharleston2BR,1BA$1.59
Skyline ATLThe Buckhead1BR,1BA$1.52
EnsoEnso 11BR,1BA$1.71
Ashley Auburn PointeA1.11BR,1BA$1.52
Station Square Apartmentsnormal U2BR,1BA$1.60
Arbors of East Atlanta1 bed 1 bath1BR,1BA$1.59

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.

decorative image of people with a giant lease agreement

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.

Getting Around the Little Five Points Neighborhood in Atlanta, GA

Walk Score®

93 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

85 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

55 / 100

Good Transit

Many nearby public transportation options

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 $1,199.

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

The cheapest apartment in Little Five Points is Freedom Park Heights which is listed at $1,140, while the average apartment in Little Five Points costs $25,160.

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 71 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 $366 which is $24,794 cheaper than the average rent for all rentals in Little Five Points.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.