Cheap Apartments for Rent in Five Points, TN from $400 (40 Rentals)

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

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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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.

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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.

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North Village
2 Bedroom Apartments

North Village

114 Pearl StFlorence, AL 35633

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.

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Showing Results 1-40, Page 1 of 1

Five Points, TN Local Guide

Cheapest Available Five Points Apartments for Rent and Nearby

 

The cheapest available apartment rental in Five Points, TN is a 1 Bed unit found at Quail Run priced from $630. West Tennessee Street in the Downtown Florence neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $675. Here is today’s list of the most affordable Five Points apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Quail Run1 Bed, 1 bath1BR,1BA$630
West Tennessee Street0BR/1.0BAStudio,1BA$675
Polynessian Village1 Bed, 1 bath1BR,1BA$715
Heathrow PlaceOne bedroom residence1BR,1BA$725
Ivy Green At The Shoals, LLCA11BR,1BA$725
Creekside1 Bedroom1BR,1BA$755
Clinton Place1 BD 1 BA Renovated w/ Washer Dryer1BR,1BA$799
Athens Square Apartments1BR/1.0BA1BR,1BA$800
Cypress Ridge2 Bedroom 2 Bathroom2BR,2BA$825
Windsor Apartments1 BD 1 BA UPGRADED1BR,1BA$849

Best Value Apartments for Rent in Five Points, TN and Nearby

As of April 30, 2026 the best value apartment in the Five Points area is the $0.79 price per square foot 2BR/2.0BA Model at 2/2 Apartment - Killen, AL in the starting from $1,000. The second greatest value Five Points apartment is the 2A Model at The Oakley at Deerfield starting at $1,200 with a $0.96 price per square foot . 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.
2/2 Apartment - Killen, AL2BR/2.0BA2BR,2BA$0.79
The Oakley at Deerfield2A2BR,2BA$0.96
Starhill Apartments2BR/2.0BA2BR,2BA$0.83
Village Parc ApartmentsVillage Parc2BR,2.5BA$0.88
Seville Place Apartment Village2 BR/2 BA2BR,2BA$0.96
Cypress Ridge2 Bedroom 2 Bathroom2BR,2BA$0.75
Arbor Village ApartmentsMaple2BR,2BA$0.91
Brentwood2BR/2.0BA2BR,2BA$0.92
Quail Run2 Beds, 1 bath2BR,1BA$0.95
Polynessian Village1 Bed, 1 bath1BR,1BA$0.95

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Five Points, TN Rentals by Map

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Frequently Asked Questions about Cheap Five Points Apartments

How much is rent for a Cheap One Bedroom Five Points Apartment?

The lowest price for a Cheap One Bedroom Five Points Apartment is $630 at Quail Run.

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 $740 at Quail Run.

What is the most affordable Five Points Three Bedroom Apartment?

The best deal on a cheap Five Points Three Bedroom Apartment rental is at The Henry and starts from $1,145.

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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.