Cheap Apartments for Rent in the Five Points Neighborhood of Dayton, OH from $300 (39 Rentals)

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

property at 265 Victor Ave

265 Victor Ave

DaytonOH45405

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May-Lin Manor
1 to 2 Bedroom Apartments

May-Lin Manor

1711-1715 McArthur AveDayton, OH 45417
  • Utilities Included
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Salemview Apartments
Studio to 1 Bedroom Apartments

Salemview Apartments

72 Central AveDayton, OH 45406
  • Utilities Included
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Omega Senior Lofts
1 to 2 Bedroom Apartments

Omega Senior Lofts

1461 Cornell DrDayton, OH 45406
Senior Living
  • Utilities Included

Dayton's Best Affordable Neighborhoods

Learn about Dayton and the best places to live with original content written by our Local Expert Kim Mooneyham

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Rice Terrace
1 Bedroom Apartments

Rice Terrace

2525 Lakeview AveDayton, OH 45417
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Audubon Crossing
1 to 2 Bedroom Apartments

Audubon Crossing

119 Edgewood AveDayton, OH 45402
Senior Living
  • Utilities Included
Showing Results 1-39, Page 1 of 1

Five Points, Dayton, OH Local Guide

Cheapest Available Five Points Apartments for Rent

 

The cheapest available apartment rental in the Five Points area of Dayton, OH is a Studio unit found at Chamberlain I & II Apartments priced from $650. 320 Grafton has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here are the most affordable Five Points apartments for rent in Dayton, OH:

Apartment ListingModel NameBed/BathPriced From
Chamberlain I & II ApartmentsS3Studio,1BA$650
320 GraftonStudioStudio,1BA$700
Rockwood ApartmentsStudio C, LStudio,1BA$700
Executive House1 Bedroom standard1BR,1BA$775
Audubon Crossing1 Bedroom1BR,1BA$790
Riverstone ApartmentsConveniently located 1 BD 1 BA apartments! off ...1BR,1BA$795
310-316 Superior Ave1 Bedroom 1 Bathroom1BR,1BA$818
The SuttonThe AshtonStudio,1BA$870
The Huffman at The Fire Blocks DistrictWilliamStudio,1BA$950

Best Value Apartments for Rent in Five Points, OH

As of December 14, 2025 the best value apartment in the Five Points area is the $0.89 price per square foot Two Bedroom Two Bathroom Model at Grafton House in the in the Downtown Dayton neighborhood starting from $1,600. The second greatest value Five Points apartment is the 3c Model at Stratford House starting at $1,599 with a $1.23 price per square foot in the Downtown Dayton 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.
Grafton HouseTwo Bedroom Two Bathroom2BR,2BA$0.89
Stratford House3c3BR,2.5BA$1.23
Pinetree Apartments in Kettering2 Bed/2 Bath Garden2BR,2BA$1.14
The Livery1x11BR,1BA$0.99
Audubon Crossing1 Bedroom1BR,1BA$0.91
Park Layne Apartments1BD (11th Floor)1BR,1BA$1.34
Art Lofts at the Arcade1 Bedroom Tax Credit***1BR,1BA$1.31
Riverstone ApartmentsConveniently located 1 BD 1 BA apartments! off ...1BR,1BA$1.20
2180 W Schantz Ave, Unit 12180 W Schantz Ave1BR,1BA$1.35
310-316 Superior Ave1 Bedroom 1 Bathroom1BR,1BA$1.26

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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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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Pet Friendly Lifestyle
Five Points, Dayton, OH

Ranked #6

Among cities in Ohio for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, including Five Points, Dayton, and the greater Dayton area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, transit availability, pet-friendly communities, multifamily communities for the kids, and other valuable search options. These search options are in the site filters at the top of this page.

Getting Around the Five Points Neighborhood in Dayton, OH

Walk Score®

44 / 100

Car-Dependent

Most errands require a car

Bike Score®

55 / 100

Bikeable

Some bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $950.

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

The cheapest apartment in Five Points is Chamberlain I & II Apartments which is listed at $720, while the average apartment in Five Points costs $1,656.

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 13 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 $821 which is $835 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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Learn About the Top Affordable Neighborhoods to Rent in Dayton, OH

Written by: Kim Mooneyham

Once an industrial powerhouse in southwest Ohio, Dayton is gradually changing from a strictly blue-collar city to a light blue-collar/white-collar city with education, tech, and urban development opportunities.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

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.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!