
Cheap Apartments for Rent in the Five Points Neighborhood of Nashville, TN from $975 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Five Points area of Nashville.


Eastside Heights

The Cleo

Amplify on Main

Belvedere

Total Monthly Price
800 Shelby Ave, Unit #4

307 South
Peek Behind the Curtain at the Music City: Your Local Insiders Guide to Nashville
Nashville is more than a honky tonk town! Dive into the city's academic prestige, trendy culinary scene, professional sports, and stunning natural parks with this local guide. Explore Nashville's popular neighborhoods like The Gulch, Broadway, and 12 South. Learn local tips on transportation, where to find the best local vibe, and fun facts about the "Athens of the South."

942 Russell St

Farrow at Five Points

The Eighteen

East River Place

The Eastland

Shelby Hills Apartments

Shelby Hills Apartments II
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.
Five Points, Nashville, 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 | $1,616 | $1,374 | $1,799 |
| Five Points 1 Bedroom Apartments | $1,766 | $975 | $2,430 |
| Five Points 2 Bedroom Apartments | $2,440 | $1,545 | $2,919 |
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Five Points Neighborhood of Nashville, TN.
See all Apartments in NashvilleExplore Nashville
Five Points, Nashville, TN Local Guide
- Nearby Nashville neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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 $1,177. 542 Fatherland Street has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. Here are the most affordable Five Points apartments for rent in Nashville, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| East River Place | 2BR | 2BR,2BA | $1,177 |
| 542 Fatherland Street | 1BR/1.0BA | 1BR,1BA | $1,200 |
| The Eastland | 1 Bedroom One Bathroom | 1BR,1BA | $1,399 |
| Amplify on Main | 1 bedroom | 1BR,1BA | $1,495 |
| Stacks on Main | The Shelby | 1BR,1BA | $1,499 |
Best Value Apartments for Rent in Five Points, TN
As of September 08, 2026 the best value apartment in the Five Points area is the $0.95 price per square foot 2BR Model at East River Place in the in the East Nashville neighborhood starting from $1,177. The second greatest value Five Points apartment is the 800 Shelby Ave Model at 800 Shelby Ave, Unit #4 starting at $975 with a $1.30 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| East River Place | 2BR | 2BR,2BA | $0.95 |
| 800 Shelby Ave, Unit #4 | 800 Shelby Ave | 1BR,1BA | $1.30 |
| Amplify on Main | 1 bedroom | 1BR,1BA | $2.11 |
| Eastside Heights | A3 | 1BR,1BA | $2.38 |
| 542 Fatherland Street | 1BR/1.0BA | 1BR,1BA | $1.85 |
| Stacks on Main | The Russell 2 | 1BR,1BA | $2.66 |
| The Cleo | S2 | Studio ,1BA | $2.83 |
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.
Pet Friendly LifestyleFive Points, Nashville, TN
Ranked #127
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Five Points, Nashville, TN
East Nashville Magnet School
Meigs Middle Magnet School
School data provided by Great Schools
Frequently Asked Questions about Cheap Five Points Apartments
What is the price of a cheap apartment in Five Points?
The cheapest apartment in Five Points is 542 Fatherland Street which is listed at $1,200, while the average apartment in Five Points costs $1,821.
What types of apartments are the cheapest in Five Points?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 8 regular apartments in Five Points that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

Peek Behind the Curtain at the Music City: Your Local Insider's Guide to Nashville
Written by: Brandie Parton
Hi there, I’m Brandie, your ApartmentHomeLiving.com local expert for the Nashville, Tennessee area.

A Locals Look at Nashvilles Best Neighborhoods to Rent Near the Areas Largest Employers
Written by: Brandie Parton
Hi there, I am Brandie Parton, your local expert for Nashville, TN, with ApartmentHomeLiving.com.

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Nashville
Written by: Brandie Parton
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.

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.
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.