
Cheap Apartments for Rent near Five Points, CA from $495 (61 Rentals)
Search the lowest-cost Apartments available for rent right now in Five Points.


Hotel Fresno

1340 N Linden Ave

246 N Effie St

The Redwoods at Fresno

Coaling Station B

Villas del Norte Apartments

Golden Meadows

4538 E Hamilton

Greenwood Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Heritage Apartments

Maple Grove

The Lede

Ranchwood Condos

Boulder Springs Apartments

REFLECTIONS

Edgewater Isle Apartments and Townhomes

1640-1716 N Brooks Ave

Dennett Gardens Apartments

Courtyard at Central Park Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Lakeside Apartments

Sandalwood Garden

Windgate Village Apartments

Villa Sa Vini

326 E Dudley

College Park Apartment Homes

Tanglewood Apartments

Golden Gardens

B Street Apartments

Valley Oak Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Park Place Apartments

River Oaks Apartments & Townhomes

BRIARWOOD

La Casa Elegante

Iron Bird Lofts

The Californian

2816 E Hammond Ave

202-244 W Shields Ave

Wishon Garden Apartments

Brooks Apartments
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.

Casa Nueva

205 N Mariposa St

Fulton Village

760 E Elm Ave

Palm Garden Apartments

The Elm Tree Estates

516 W D St

720 E Elm Ave

1342 Hannah Ave

1470 Elizabeth St
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.
Five Points, CA 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 | $1,170 | $1,050 | $1,460 |
| Five Points 1 Bedroom Apartments | $1,524 | $495 | $2,065 |
| Five Points 2 Bedroom Apartments | $1,728 | $634 | $3,250 |
| Five Points 3 Bedroom Apartments | $1,976 | $685 | $2,385 |
| Five Points 4 Bedroom Apartments | $2,100 | $2,100 | $2,100 |
Browse Top Apartments in Five Points
See all Apartments in Five PointsExplore Five Points
Five Points, CA Local Guide
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Cheapest Available Five Points Apartments for Rent and Nearby
 The cheapest available apartment rental in Five Points, CA is a 1 Bed unit found at Palmer Villas Apartments priced from $495. Hotel Fresno in the Central Fresno neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $965. Here is today’s list of the most affordable Five Points apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Palmer Villas Apartments | 1 Bed 1 Bath | 1BR,1BA | $495 |
| Hotel Fresno | 1 BR / 1 BA | 1BR,1BA | $965 |
| 246 N Effie St | 246 N Effie St #248 | 2BR,1BA | $1,075 |
| The Redwoods at Fresno | 1BR/1.0BA | 1BR,1BA | $1,100 |
| Golden Meadows | Lily Studio 1 Bathroom | Studio,1BA | $1,131 |
| Greenwood Apartments | 1 Bedroom | 1BR,1BA | $1,200 |
| Villas del Norte Apartments | One Bedroom Large (DS) | 1BR,1BA | $1,295 |
| Maple Grove | 1BR/1BA | 1BR,1BA | $1,347 |
| The Lede | Plan E | Studio,1BA | $1,350 |
| Ranchwood Condos | 1+1 R - DOWN | 1BR,1BA | $1,395 |
Best Value Apartments for Rent in Five Points, CA and Nearby
As of September 10, 2026 the best value apartment in the Five Points area is the $1.51 price per square foot 3x2 Model at Villa Sa Vini in the in the West Fresno neighborhood starting from $2,050. The second greatest value Five Points apartment is the Iron Bird Lofts 2 Bedroom Plan A Model at Iron Bird Lofts starting at $1,750 with a $1.65 price per square foot in the West Fresno 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. |
|---|---|---|---|
| Villa Sa Vini | 3x2 | 3BR,2BA | $1.51 |
| Iron Bird Lofts | Iron Bird Lofts 2 Bedroom Plan A | 2BR,1BA | $1.65 |
| B Street Apartments | 2 BD 2 BA | 2BR,2BA | $1.60 |
| Heritage Apartments | Corner Unit | 2BR,1BA | $1.57 |
| Tanglewood Apartments | Downstairs w/ WD hookups | 2BR,1BA | $1.65 |
| Courtyard at Central Park Apartments | 2x1 A | 2BR,1BA | $1.55 |
| 246 N Effie St | 246 N Effie St #248 | 2BR,1BA | $1.24 |
| Hotel Fresno | 2 BR / 1 BA | 2BR,1BA | $1.57 |
| Palmer Villas Apartments | 1 Bed 1 Bath | 1BR,1BA | $0.58 |
| The Redwoods at Fresno | 1BR/1.0BA | 1BR,1BA | $1.57 |
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.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Five Points, CA Rentals by Map
See the most popular apartments and homes in Five Points, CA
Frequently Asked Questions about Cheap Five Points Apartments
What is the Cheapest Studio apartment in Five Points?
Currently the most affordable Cheap Studio Apartment in Five Points is at Golden Meadows listed at $1,131.
How much is rent for a Cheap One Bedroom Five Points Apartment?
The lowest price for a Cheap One Bedroom Five Points Apartment is $495 at Palmer Villas Apartments.
What is the lowest price for a Cheap Two Bedroom Five Points Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Five Points is starting from $1,075 at 246 N Effie St.
What is the most affordable Five Points Three Bedroom Apartment?
The best deal on a cheap Five Points Three Bedroom Apartment rental is at Hotel Fresno and starts from $1,543.
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

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
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.