Cheap Apartments for Rent in the Five Points Neighborhood of Dayton, OH from $300 (28 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 Five Points area of Dayton.

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.

Dayton's Best Affordable Neighborhoods

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

close
View Me
May-Lin Manor
1 to 2 Bedroom Apartments

May-Lin Manor

1711-1715 McArthur AveDayton, OH 45417
  • Utilities Included

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.

close
View Me
Salemview Apartments
Studio to 1 Bedroom Apartments

Salemview Apartments

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

Omega Senior Lofts

1461 Cornell DrDayton, OH 45406
Senior Living
  • Utilities Included
close
View Me
Rice Terrace
1 Bedroom Apartments

Rice Terrace

2525 Lakeview AveDayton, OH 45417
close
View Me
Audubon Crossing
1 Bedroom Apartments

Audubon Crossing

119 Edgewood AveDayton, OH 45402
Senior Living
  • Utilities Included

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.

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 1 Bed unit found at 310-316 Superior Ave priced from $725. 320 Grafton Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable Five Points apartments for rent in Dayton, OH:

Apartment ListingModel NameBed/BathPriced From
310-316 Superior Ave1 Bedroom 1 Bathroom1BR,1BA$725
320 Grafton Ave1 Bedroom1BR,1BA$750
Executive House1 Bedroom standard1BR,1BA$775
Audubon Crossing1 Bedroom1BR,1BA$790
Riverstone Apartments1 BD Standard1BR,1BA$795
Rockwood Apartments1 BD F1BR,1BA$795
Art Lofts at the Arcade1 Bedroom Tax Credit***1BR,1BA$944

Best Value Apartments for Rent in Five Points, OH

As of July 30, 2025 the best value apartment in the Five Points area is the $1.06 price per square foot 2a Model at Stratford House in the in the Downtown Dayton neighborhood starting from $1,574. The second greatest value Five Points apartment is the 134 Cross St Model at 134 Cross St, Unit 2 starting at $1,300 with a $0.88 price per square foot in the Grafton Hill 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.
Stratford House2a2BR,2BA$1.06
134 Cross St, Unit 2134 Cross St3BR,1BA$0.88
The Flight2 Bed / 2 Bath2BR,2BA$0.98
Audubon Crossing1 Bedroom1BR,1BA$0.91
201 Bonner St201 Bonner St1BR,1BA$1.24
Rockwood Apartments1 BD F1BR,1BA$1.01
603 Rockford Ave, Unit 1603 Rockford Ave1BR,1BA$1.14
3222 Athens Ave, Unit C3222 Athens Ave2BR,1BA$1.21
Riverstone Apartments1 BD Standard1BR,1BA$1.20
310-316 Superior Ave1 Bedroom 1 Bathroom1BR,1BA$1.12

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

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

decorative image of woman handing cat to small boy

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

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 $944.

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

The cheapest apartment in Five Points is 310-316 Superior Ave which is listed at $725, while the average apartment in Five Points costs $2,462.

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 3 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 $2,462 which is $0 cheaper than the average rent for all rentals in 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 Learn About the Top Affordable Neighborhoods to Rent in Dayton, OH  article

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.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.