Cheap Homes for Rent in Five Points Neighborhood of Dayton, OH from $600 (21 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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property at 321 Deeds Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

4 Bedroom, 2 Bath Home for Rent

Available Now

321 Deeds Ave, Unit 319

321 Deeds Ave
DaytonOH45404

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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 Chamberlain I & II Apartments priced from $650. 113 Niagara Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here are the most affordable Five Points apartments for rent in Dayton, OH:

Apartment ListingModel NameBed/BathPriced From
Chamberlain I & II ApartmentsS31BR,1BA$650
113 Niagara Ave1 Beds, 1 Baths1BR,1BA$650
320 GraftonStudioStudio,1BA$700
Executive House1 Bedroom standard1BR,1BA$775
Audubon Crossing1 Bedroom1BR,1BA$790

Best Value Apartments for Rent in Five Points, OH

As of June 08, 2026 the best value apartment in the Five Points area is the $1.11 price per square foot 2 Bed/2.5 Bath Model at Pinetree Apartments in Kettering in the in the MacFarlane neighborhood starting from $1,447. The second greatest value Five Points apartment is the 2 Beds, 1.5 Baths Model at 1067 Salem Ave starting at $900 with a $0.82 price per square foot in the MacFarlane 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.
Pinetree Apartments in Kettering2 Bed/2.5 Bath2BR,2.5BA$1.11
1067 Salem Ave2 Beds, 1.5 Baths2BR,1.5BA$0.82
Rockwood Apartments2 BD D,K,A,N2BR,2BA$0.93
The Flight2 Bed / 2 Bath2BR,2BA$0.91
113 Niagara Ave1 Beds, 1 Baths1BR,1BA$0.67
Audubon Crossing2 Bedroom2BR,1BA$1.08
100 Victor Ave, Unit 2100 Victor Ave2BR,1BA$1.18
341 Park Dr, Unit 341A Park Drive341 Park Dr1BR,1BA$1.20
Riverstone Apartments1 BD Standard1BR,1BA$1.20
Apartments at 310 Superior1 Bedroom 1 Bathroom1BR,1BA$1.27

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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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 #5

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Five Points

What type of rentals are currently available in Five Points?

There are currently 371 Apartments for Rent in Five Points, OH with pricing that ranges from $650 to $5,740. There are also 59 Single Family Homes for rent, Condos, and Townhome rentals currently available in Five Points ranging from $650 to $3,500.

What is the current price range for Rental Homes in Five Points?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Five Points ranges from $650 to $3,500 with an average monthly rent of $1,632.

How much are larger Three and Four Bedroom Rentals in Five Points?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Five Points range from $1,009 to $3,512, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,100 and Four Bedroom Apartments start at $750.

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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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.