Cheap Apartments for Rent in the Five Points Neighborhood of Nashville, TN from $1,100 (14 Rentals)

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

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307 South
Studio to 1 Bedroom Apartments

307 South

307 S 11th StNashville, TN 37206

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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942 Russell St
1 Bedroom Apartments

942 Russell St

942 Russell StNashville, TN 37206
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The Eighteen
1 to 2 Bedroom Apartments

The Eighteen

18 McFerrin AveNashville, TN 37206
Corporate Housing
  • Utilities Included
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East River Place
2 to 3 Bedroom Apartments

East River Place

704 Ramsey StNashville, TN 37206
  • Utilities Included
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The Eastland
1 to 2 Bedroom Apartments

The Eastland

1035 W Eastland AveNashville, TN 37206

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, Nashville, TN Local Guide

Cheapest Available Five Points Apartments for Rent

 

The cheapest available apartment rental in the Five Points area of Nashville, TN is a 2 Beds unit found at East River Place priced from $1,332. Eastside Heights has the second lowest priced unit, which is a Studio apartment currently listed from $1,375. Here are the most affordable Five Points apartments for rent in Nashville, TN:

Apartment ListingModel NameBed/BathPriced From
East River Place2BR2BR,2BA$1,332
Eastside HeightsS1Studio,1BA$1,375
The Eastland1 Bedroom One Bathroom1BR,1BA$1,399
Amplify on Main1 bedroom1BR,1BA$1,495
Stacks on MainThe Russell 21BR,1BA$1,525

Best Value Apartments for Rent in Five Points, TN

As of May 08, 2026 the best value apartment in the Five Points area is the $1.08 price per square foot 2BR Model at East River Place in the in the East Nashville neighborhood starting from $1,332. The second greatest value Five Points apartment is the 2 Bedroom Model at Belvedere starting at $1,999 with a $2.31 price per square foot in the East Nashville 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.
East River Place2BR2BR,2BA$1.08
Belvedere2 Bedroom2BR,1BA$2.31
800 Shelby Ave, Unit #4800 Shelby Ave1BR,1BA$1.47
Amplify on Main1 bedroom1BR,1BA$2.11
The CleoA4A1BR,1BA$2.47
Stacks on MainThe Russell1BR,1BA$2.85
The Eastland1 Bedroom One Bathroom1BR,1BA$2.53
Eastside HeightsS1Studio ,1BA$3.29

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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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, Nashville, TN

Ranked #130

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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 $1,399 at The Eastland.

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 $1,332 at East River Place.

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.

Helpful Local Expert Guides

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A Nashville Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent

Written by: Brandie Parton

I’m Brandie, your ApartmentHomeLiving.com local expert for Nashville, Tennessee.

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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Nashville

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As part of the team here at Apartment Home Living, I am eager to tell you all about Nashville, and its amazing colleges and nearby neighborhoods that make perfect residences for students, seeking to increase their education and g.

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A Locals Look at Nashvilles Best Neighborhoods to Rent Near the Areas Largest Employers

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Articles, How-To's, and Tips

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

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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.