
Cheap Apartments for Rent in the Five Points Neighborhood of Columbia, SC from $500 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Five Points area of Columbia.


Towers at Forest Acres

Claire Tower

2223-2225 Greene St

Total Monthly Price
Rosewood Gardens
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The Landings at Forest Acres

Cross Hill Apartments

2308 Pendleton St

River Ridge

Arrington Place Apartments
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Lofts at Lourie's

The Cooper

Cornell Arms Apartments

Total Monthly Price
Ravenwood Hills

Total Monthly Price
1413 Cherokee St
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1847 Devine St

2002 Greene St
Five Points, Columbia, SC 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 | $1,234 | $750 | $1,939 |
| Five Points 1 Bedroom Apartments | $1,519 | $773 | $2,287 |
| Five Points 2 Bedroom Apartments | $1,668 | $805 | $3,119 |
| Five Points 3 Bedroom Apartments | $1,297 | $795 | $3,849 |
| Five Points 4 Bedroom Apartments | $862 | $530 | $1,929 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Five Points Neighborhood of Columbia, SC.
See all Apartments in ColumbiaExplore Columbia
Five Points, Columbia, SC Local Guide
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Cheapest Available Five Points Apartments for Rent
 The cheapest available apartment rental in the Five Points area of Columbia, SC is a 1 Bed unit found at Towers at Forest Acres priced from $866. Rosewood Gardens has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here are the most affordable Five Points apartments for rent in Columbia, SC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Towers at Forest Acres | 1B - 1 Bedroom | 1BR,1BA | $866 |
| Rosewood Gardens | 1 Bedroom 1 Bath Renovated | 1BR,1BA | $925 |
| Arrington Place Apartments | 2 Beds, 1 bath | 2BR,1BA | $997 |
| Lofts at Lourie's | 1 bedroom 1 bath | 1BR,1BA | $1,032 |
| The Cooper | 2 Bedroom 1 Bath | 2BR,1BA | $1,049 |
Best Value Apartments for Rent in Five Points, SC
As of February 25, 2026 the best value apartment in the Five Points area is the $0.59 price per square foot D1 Model at 21 Oaks in the in the Arthurtown neighborhood starting from $650. The second greatest value Five Points apartment is the 3 Bedroom 2 Bath Model at The Cooper starting at $1,359 with a $1.23 price per square foot in the East Columbia 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. |
|---|---|---|---|
| 21 Oaks | D1 | 4BR,2BA | $0.59 |
| The Cooper | 3 Bedroom 2 Bath | 3BR,2BA | $1.23 |
| NOMA Flats | 2 BR | 2BR,2BA | $1.36 |
| Arrington Place Apartments | 3 Beds, 1 bath | 3BR,1BA | $1.16 |
| 1413 Cherokee St | 1413 Cherokee St | 2BR,1BA | $1.13 |
| River Ridge | 2bd1.5bth | 2BR,1.5BA | $1.15 |
| The Radley | 2 BEDROOM, 2 BATH | 2BR,2BA | $1.08 |
| Ravenwood Hills | 1 Bed | 1 Bath | 1BR,1BA | $1.31 |
| Rosewood Gardens | 1 Bedroom 1 Bath Renovated | 1BR,1BA | $1.27 |
| Cayce Cove | 2x1 | 2BR,1BA | $1.18 |
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Pet Friendly LifestyleFive Points, Columbia, SC
Ranked #4
Among cities in South Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $1,130.
What is the price of a cheap apartment in Five Points?
The cheapest apartment in Five Points is Towers at Forest Acres which is listed at $866, while the average apartment in Five Points costs $1,594.
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 73 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 $432 which is $1,162 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.
Articles, How-To's, and Tips

Local Experts Top 8: Affordable Columbia, SC Neighborhoods for Quality Living
Written by: Kama Offenberger
I'm Kama, the ApartmentHomeLiving.com Local Expert for Columbia, South Carolina.

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