Cheap Apartments for Rent in the Five Points Neighborhood of Columbia, SC from $460 (43 Rentals)

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

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Ravenwood Hills
Rent Specials
$1,120 - $1,465
Total Monthly Price

Total Monthly Price

Base Rent
$1,120 - $1,465
Total Monthly Price
$1,120 - $1,465
1 to 3 Bedroom Apartments Available Now

Ravenwood Hills

4215 Bethel Church RdColumbia, SC 29206
Affordability
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Showing Results 1-43, Page 1 of 1

Five Points, Columbia, SC Local Guide

Cheapest Available Five Points Apartments for Rent

 

The cheapest available apartment rental in the Five Points area of Columbia, SC is a Studio unit found at Elmwood Lofts priced from $920. Capri Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $925. Here are the most affordable Five Points apartments for rent in Columbia, SC:

Apartment ListingModel NameBed/BathPriced From
Elmwood Lofts55+ Income-Restricted StudioStudio,1BA$920
Capri ApartmentsStudioStudio,1BA$925
The DylanC-80% income restricted studioStudio,1BA$950
Rosewood Gardens1 Bedroom 1 Bath Renovated1BR,1BA$975
River Ridge2bd1.5bth2BR,1BA$999
The Carolinian1 Bedroon 1 Bath1BR,1BA$1,001
1321 Lofts1 Bedroom 1 Bath1BR,1BA$1,113
Ravenwood Hills1 Bed | 1 Bath1BR,1BA$1,120
Arrington Place Apartments3 Beds, 1 bath3BR,1BA$1,143
Main Street LivingBarringer: 1 Bedroom1BR,1BA$1,165

Best Value Apartments for Rent in Five Points, SC

As of August 26, 2026 the best value apartment in the Five Points area is the $0.38 price per square foot 4 BEDROOM, 2 BATH Model at The Radley in the in the West Columbia neighborhood starting from $460. The second greatest value Five Points apartment is the Governor Model at Towers At Forest Acres starting at $1,205 with a $1.06 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Radley4 BEDROOM, 2 BATH4BR,2BA$0.38
Towers At Forest AcresGovernor3BR,1.5BA$1.06
The Cooper3 Bedroom 2 Bath3BR,2BA$1.18
1906 Greene St, Unit 1906 Greene St1906 Greene St2BR,1BA$1.30
Acasa Vista TowersTwo Bedroom Two Bath2BR,2BA$1.26
Arrington Place Apartments3 Beds, 1 bath3BR,1BA$1.16
2332 Stark St, Unit 2-unit Duplex2332 Stark St2BR,1BA$1.44
Ravenwood Hills1 Bed | 1 Bath1BR,1BA$1.40
Rosewood Gardens1 Bedroom 1 Bath Renovated1BR,1BA$1.34
The Carolinian1 Bedroon 1 Bath1BR,1BA$1.43

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Pet Friendly Lifestyle
Five Points, Columbia, SC

Ranked #3

Among cities in South Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $1,165.

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

The cheapest apartment in Five Points is Rosewood Gardens which is listed at $975, while the average apartment in Five Points costs $1,620.

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 54 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 $584 which is $1,036 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

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Local Expert's 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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.