
Cheap Apartments for Rent in Five Points, TN from $400 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in Five Points.


Quail Run

West Tennessee Street

Cypress Ridge

Alpine Village Apartments

Swan Creek Apartments

Summit Ridge Apartments

Heathrow Place

Ivy Green At The Shoals, LLC
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.

Creekside

Polynessian Village

Tanglewood Apartments

Clinton Place

The Woodlands Apartment Homes, LLC

Windsor Apartments

The Henry

Brentwood

Signature Pointe Apartment Homes
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.

Higgins Estates Apartments

Cleo Apartments

Magnolia Row

Creekside Apartments

Cottonwood Apartments

Total Monthly Price
Arbor Village Apartments

2/2 Apartment - Killen, AL

510 E High St

211 N Patton St
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.

Brookfield Apartment Homes

Athens Square Apartments

Park Ridge Estates Lawrenceburg

42 Cameron Cir

North Village

11561 Rosebud Ln

17960 Arrowhead Drive

14405 Friend Rd

2010 Vulcan Ave
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.

211 W Rasch Rd

1938 Shade Ave

Starhill Apartments
Five Points, TN 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 | $672 | $650 | $695 |
| Five Points 1 Bedroom Apartments | $978 | $550 | $1,525 |
| Five Points 2 Bedroom Apartments | $1,148 | $650 | $1,724 |
| Five Points 3 Bedroom Apartments | $1,205 | $565 | $1,850 |
| Five Points 4 Bedroom Apartments | $490 | $490 | $490 |
Browse Top Apartments in Five Points
See all Apartments in Five PointsExplore Five Points
Five Points, TN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Five Points apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Quail Run | 1 Bed, 1 bath | 1BR,1BA | $630 |
| West Tennessee Street | 1BR/1.0BA | 1BR,1BA | $650 |
| Cypress Ridge | 1 Bedroom 1 Bathroom | 1BR,1BA | $675 |
| Heathrow Place | One bedroom residence | 1BR,1BA | $725 |
| Creekside | 1 Bedroom | 1BR,1BA | $751 |
| Polynessian Village | 1 Bed, 1 bath | 1BR,1BA | $785 |
| Tanglewood Apartments | Two Bedroom Residence | 2BR,1BA | $799 |
| Clinton Place | 1 BD 1 BA Renovated w/ Washer Dryer | 1BR,1BA | $799 |
| Athens Square Apartments | 1BR/1.0BA | 1BR,1BA | $800 |
| The Woodlands Apartment Homes, LLC | B1 | 2BR,1BA | $825 |
Best Value Apartments for Rent in Five Points, TN and Nearby
As of June 14, 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 2BR/2.0BA Model at Starhill Apartments starting at $1,000 with a $0.83 price per square foot . 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. |
|---|---|---|---|
| 2/2 Apartment - Killen, AL | 2BR/2.0BA | 2BR,2BA | $0.79 |
| Starhill Apartments | 2BR/2.0BA | 2BR,2BA | $0.83 |
| Village Parc Apartments | Village Parc | 2BR,2.5BA | $0.88 |
| Seville Place Apartment Village | 2 BR/2 BA | 2BR,2BA | $0.96 |
| Creekside Apartments | 2 Bedroom 2 Bath - 48797 | 2BR,2BA | $0.94 |
| North Village | 2 Bedroom 2 Bathroom | 2BR,2BA | $0.98 |
| Brentwood | 2BR/2.0BA | 2BR,2BA | $0.92 |
| The Woodlands Apartment Homes, LLC | B1 | 2BR,1BA | $0.87 |
| Quail Run | 2 Beds, 1 bath | 2BR,1BA | $0.95 |
| Cypress Ridge | 1 Bedroom 1 Bathroom | 1BR,1BA | $0.96 |
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 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, TN Rentals by Map
See the most popular apartments and homes in Five Points, TN
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 Creekside and starts from $1,043.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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.

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.

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.