
Cheap Apartments for Rent near Five Points, TN from $300 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in Five Points.


Four Seasons Apartments

West Tennessee Street

Quail Run

Cypress Ridge

Swan Creek Apartments

Summit Ridge Apartments

Heathrow Place

Alpine Village 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.

Polynessian Village

Tanglewood Apartments

Clinton Place

Windsor Apartments

Magnolia Row

Brentwood

Ivy Green At The Shoals, LLC

Cleo Apartments

The Canopy
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.

Total Monthly Price
Arbor Village Apartments

Creekside Apartments

The Henry

Cottonwood Apartments

Signature Pointe Apartment Homes

Pine Street Apartments

2/2 Apartment - Killen, AL

The Woodlands Apartment Homes, LLC

Villas at Riverside
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.

Higgins Estates Apartments

Village Parc Apartments

Seville Place Apartment Village

192 Cameron Cir

107 Cameron Cir

Athens Square Apartments

Brookfield Apartment Homes

Park Ridge Estates Lawrenceburg

42 Cameron Cir
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.

1810 Vales Mill Rd

North Village

17960 Arrowhead Drive

65 Cameron Cir

404 Valley View Dr

Starhill Apartments

17962 Arrowhead Drive

134 E Duncan Ave

16948 Carter Cir
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, 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 | $586 | $375 | $695 |
| Five Points 1 Bedroom Apartments | $1,020 | $450 | $1,526 |
| Five Points 2 Bedroom Apartments | $1,101 | $475 | $1,914 |
| Five Points 3 Bedroom Apartments | $1,173 | $565 | $2,101 |
| 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
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Cheapest Available Five Points Apartments for Rent and Nearby
 The cheapest available apartment rental in Five Points, TN is a Studio unit found at West Tennessee Street in the Downtown Florence neighborhood priced from $625. Quail Run has the second lowest priced unit, which is a 1 Bed apartment currently listed from $630. Here is today’s list of the most affordable Five Points apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| West Tennessee Street | 0BR/1.0BA | Studio,1BA | $625 |
| Quail Run | 1 Bed, 1 bath | 1BR,1BA | $630 |
| Heathrow Place | One bedroom residence | 1BR,1BA | $725 |
| Alpine Village Apartments | 1BR 1BA | 1BR,1BA | $745 |
| 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 |
| Cypress Ridge | 2 Bedroom 2 Bathroom | 2BR,2BA | $825 |
| Windsor Apartments | 1 BD 1 BA UPGRADED | 1BR,1BA | $849 |
Best Value Apartments for Rent in Five Points, TN and Nearby
As of July 29, 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 C2 Model at The Woodlands Apartment Homes, LLC starting at $1,000 with a $0.80 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 |
| The Woodlands Apartment Homes, LLC | C2 | 3BR,2BA | $0.80 |
| Village Parc Apartments | Village Parc | 2BR,2.5BA | $0.88 |
| Starhill Apartments | 2BR/2.0BA | 2BR,2BA | $0.83 |
| The Henry | 3 Bed 2 Bath Renovated | 3BR,2BA | $0.99 |
| Seville Place Apartment Village | 2 BR/2 BA | 2BR,2BA | $0.96 |
| Cypress Ridge | 2 Bedroom 2 Bathroom | 2BR,2BA | $0.75 |
| Alpine Village Apartments | 2Br 2BA | 2BR,2BA | $0.98 |
| Brentwood | 2BR/2.0BA | 2BR,2BA | $0.92 |
| Quail Run | 2 Beds, 1 bath | 2BR,1BA | $0.95 |
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 The Woodlands Apartment Homes, LLC and starts from $1,000.
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.

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.