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$895 - $1,932Studio to 2 Bedroom Apartments Available Now
Tree Top
1328-1410 Steinbeck DrRaleigh, NC 27609
Cheap Apartments for Rent in the Five Points Neighborhood of Raleigh, NC from $700 (53 Rentals)
Search the lowest-cost Apartments available for rent right now in the Five Points area of Raleigh.
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$937 - $1,265Studio to 1 Bedroom Apartments Available Now
The Harrison Apartments
2717 Capital BlvdRaleigh, NC 27604
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$945 - $1,840Studio to 2 Bedroom Apartments Available Now
The District
1000 Navaho DrRaleigh, NC 27609
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$979 - $1,2841 Bedroom Apartments Available Now
1105 Flats at North Hills
1105 Navaho DrRaleigh, NC 27609
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$998 - $1,8501 to 2 Bedroom Apartments Available Now
Sterling Glenwood Apartments
3939 Glenwood AveRaleigh, NC 27612
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$1,009 - $2,694
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$1,009 - $2,694
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Skyhouse Raleigh
308 S Blount StRaleigh, NC 27601
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$1,075 - $2,677Studio to 2 Bedroom Apartments Available Now
Marq at Crabtree
4451 Vilana RdgRaleigh, NC 27612
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$1,099 - $1,600Studio to 2 Bedroom Apartments Available Now
Brookside Apartments
1406 Brookside DrRaleigh, NC 27604
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$1,132 - $1,772
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$1,132 - $1,772
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Brentmoor Apartments
2080-2080 Brentmoor DrRaleigh, NC 27604
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$1,158 - $4,542Studio to 2 Bedroom Apartments Available Now
Link Apartments® Glenwood South
202 N West StRaleigh, NC 27603
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
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$1,200 - $1,975Studio to 2 Bedroom Apartments Available Now
The L Apartments
205 W Davie StRaleigh, NC 27601
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$1,205 - $2,290
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$1,205 - $2,290
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The Gramercy
650 W North StRaleigh, NC 27603
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$1,225 - $1,6501 to 2 Bedroom Apartments Available Now
Anderson Hills
231 Calibre Chase DrRaleigh, NC 27609
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$1,230 - $1,8631 to 2 Bedroom Apartments Available Now
Historic Boylan Apartments
817 Hillsborough StRaleigh, NC 27603
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$1,258 - $3,036Studio to 2 Bedroom Apartments Available Now
Forge at Raleigh Iron Works
2221 Iron Works DrRaleigh, NC 27604
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$1,261 - $3,249Studio to 2 Bedroom Apartments Available Now
Berkshire Village District
2128 Clark AveRaleigh, NC 27605
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$1,265 - $2,007
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$1,265 - $2,007
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Broadstone Oak City
2911 Mid Century DrRaleigh, NC 27604
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$1,267 - $5,035
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$1,267 - $5,035
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The Devon Four25
425 Boylan AveRaleigh, NC 27603
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$1,276 - $2,6601 to 3 Bedroom Apartments Available Now
927 West Morgan
927 W Morgan StRaleigh, NC 27603
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$1,295 - $3,695Studio to 2 Bedroom Apartments Available Jun 1
Oldham & Worth
510 W Cabarrus StRaleigh, NC 27603
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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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$1,319 - $2,2501 to 3 Bedroom Apartments Available Now
Parker Apartments
151 Parker Pl DrRaleigh, NC 27603
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$1,324 - $4,712Studio to 3 Bedroom Apartments Available Now
St. Albans Lofts
600 Saint Albans DrRaleigh, NC 27609
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$1,324 - $2,315
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$1,324 - $2,315
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Jones Grant Urban Flats
1040 Wake Towne DrRaleigh, NC 27609
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$1,325 - $7,465Studio to 2 Bedroom Apartments Available Now
511 Faye
511 Fayetteville StRaleigh, NC 27601
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$1,325 - $3,475Studio to 3 Bedroom Apartments Available Now
Platform
600 W Cabarrus StRaleigh, NC 27603
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$1,329 - $2,5281 to 3 Bedroom Apartments Available Now
Infinity Six Forks
900 E Six Forks RdRaleigh, NC 27604
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$1,358 - $4,613Studio to 2 Bedroom Apartments Available Now
MAA Hue
300 W Hargett StRaleigh, NC 27601
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$1,359 - $2,352
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$1,359 - $2,352
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The Lincoln
408 E Hargett StRaleigh, NC 27601
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$1,361 - $2,073
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$1,361 - $2,073
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Anderson Flats
2841 Manorcrest CtRaleigh, NC 27609
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$1,368 - $3,198
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$1,368 - $3,198
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Oberlin Court Apartments
1009 Wade AveRaleigh, NC 27605
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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$1,370 - $3,3501 to 3 Bedroom Apartments Available Now
Marshall Park Apartments + Townhomes
3950 Fairsted DrRaleigh, NC 27612
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$1,385 - $3,219Studio to 2 Bedroom Apartments Available Now
The Metropolitan
314 W Jones StRaleigh, NC 27603
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$1,385 - $2,1501 to 2 Bedroom Apartments Available Now
Clairmont at Crabtree
4410 Royal Hill CtRaleigh, NC 27612
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$1,389 - $5,684
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$1,389 - $5,684
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The Maggie
401 Oberlin RdRaleigh, NC 27605
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$1,389 - $9,967
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$1,389 - $9,967
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$1,389 - $9,967
Cortland Glenwood South
417 W Peace StRaleigh, NC 27603
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$1,414 - $3,909
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$1,414 - $3,909
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The Dillon
401 W Hargett StRaleigh, NC 27603
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$1,415 - $4,955
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$1,415 - $4,955
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The Miles
10 W Franklin StRaleigh, NC 27604
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$1,420 - $8,201Studio to 3 Bedroom Apartments Available Now
Chester Hills
1331 Chester AveRaleigh, NC 27608
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$1,420 - $2,200Studio to 2 Bedroom Apartments Available Now
Address East End
2110 Birkhall StRaleigh, NC 27610
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$1,457 - $3,962
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$1,457 - $3,962
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400H
9 N Harrington StRaleigh, NC 27603
Discover Raleigh, North Carolina: A Local's Take on the City of Oaks
Explore Raleigh's vibrant culture, from the best outdoor trails and museums to a comprehensive guide on the area's top-rated restaurants and nightlife, including the Warehouse District.
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$1,468 - $5,540
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$1,468 - $5,540
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The Signal
721 Halifax StRaleigh, NC 27604
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$1,479 - $2,954
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$1,479 - $2,954
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Alexan Moto
222 N West StRaleigh, NC 27603
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$1,499 - $3,346
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$1,499 - $3,346
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The Point
605 Halifax StRaleigh, NC 27604
1807 Sunset Dr
RaleighNC27608
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$1,556 - $4,590
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$1,556 - $4,590
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Lassiter at North Hills
4209 Lassiter Mill RdRaleigh, NC 27609
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2 to 3 Bedroom Apartments
Tivoli Gardens Apartments
1501-1515 Tivoli CtRaleigh, NC 27604
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1 to 2 Bedroom Apartments
1335-1343 Courtland Dr
1335-1343 Courtland DrRaleigh, NC 27604
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2 Bedroom Apartments
1000 Mills Street Apartments
1000-1006 Mills StRaleigh, NC 27608
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2 Bedroom Apartments
Five Point Cottages
2201-2223 Brewer StRaleigh, NC 27608
2222 Bernard St
RaleighNC27608
Discover Terrific Apartment Opportunities Near Raleigh’s Largest Employers
Moving to Raleigh for a new job? Discover top apartment rentals with short commutes near major employers like WakeMed, Fidelity, and Cisco Systems.
Five Points, Raleigh, NC 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 | $1,453 | $937 | $4,127 |
| Five Points 1 Bedroom Apartments | $1,746 | $989 | $6,450 |
| Five Points 2 Bedroom Apartments | $2,212 | $845 | $8,104 |
| Five Points 3 Bedroom Apartments | $2,262 | $899 | $5,540 |
| Five Points 4 Bedroom Apartments | $1,117 | $1,025 | $1,250 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 53 rentals with your search options within a 2 mile radius of the Five Points Neighborhood of Raleigh, NC.
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Cheapest Available Five Points Apartments for Rent
The cheapest available apartment rental in the Five Points area of Raleigh, NC is a 2 Beds unit found at Stanhope priced from $845. Tree Top has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here are the most affordable Five Points apartments for rent in Raleigh, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Stanhope | 2x2 Shared | 2BR,2BA | $845 |
| Tree Top | Cedar | Studio,1BA | $895 |
| The District | The Gray Fox | Studio,1BA | $945 |
| 1105 Flats at North Hills | A4 | 1BR,1BA | $979 |
| Sterling Glenwood Apartments | 1A-R | 1BR,1BA | $998 |
| Capital Flats & Magnolia Square Apartments | MS 1x1 | 1BR,1BA | $999 |
| The Harrison Apartments | Studio C with Large Terrace | Studio,1BA | $1,064 |
| Brookside Apartments | 1x1 Classic | 1BR,1BA | $1,125 |
| Brentmoor Apartments | Oberlin | 1BR,1BA | $1,132 |
| Link Apartments® Glenwood South | S1 | Studio,1BA | $1,158 |
Best Value Apartments for Rent in Five Points, NC
As of May 01, 2026 the best value apartment in the Five Points area is the $1.56 price per square foot 2x2.5 townhm Model at The Townes at Bishops Park in the in the Blount Street neighborhood starting from $1,850. The second greatest value Five Points apartment is the The Scholar Model at The Lincoln starting at $1,940 with a $1.78 price per square foot in the Blount Street 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. |
|---|---|---|---|
| The Townes at Bishops Park | 2x2.5 townhm | 2BR,2.5BA | $1.56 |
| The Lincoln | The Scholar | 2BR,2BA | $1.78 |
| Sterling Glenwood Apartments | 2A-R | 2BR,1BA | $1.68 |
| Stanhope | 2x2 | 2BR,2BA | $1.50 |
| Brentmoor Apartments | Glenwood | 1BR,1BA | $1.64 |
| Infinity Six Forks | The Belmont | 1BR,1BA | $1.71 |
| Broadstone Oak City | A2 | 1BR,1BA | $1.84 |
| Brookside Apartments | 1x1 Partial Upgrade | 1BR,1BA | $1.51 |
| Tree Top | Cypress | 1BR,1BA | $1.55 |
| Capital Flats & Magnolia Square Apartments | MS 1x1 | 1BR,1BA | $1.85 |
Frequently Asked Questions about Cheap Five Points Apartments
What is a cheap apartment in Five Points?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Five Points is under $1,158.
What is the price of a cheap apartment in Five Points?
The cheapest apartment in Five Points is 1105 Flats at North Hills which is listed at $979, while the average apartment in Five Points costs $2,160.
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 35 regular apartments in Five Points that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Five Points?
Cheap apartments in Five Points have an average cost of $740 which is $1,420 cheaper than the average rent for all rentals in Five Points.
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.
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