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from $1,200Studio to 2 Bedroom Apartments Available Now
Jones Grant Urban Flats
1040 Wake Towne DrRaleigh, NC 27609
Cheap Apartments for Rent in the Five Points Neighborhood of Raleigh, NC from $700 (14 Rentals)
Cheap Apartments in the Five Points area of Raleigh.
2112 Ruark Ct
RaleighNC27608
528 Wade Ave, Unit A
528 Wade Ave
RaleighNC27605
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from $1,3201 to 2 Bedroom Apartments Available Now
Anderson Hills
231 Calibre Chase DrRaleigh, NC 27609
Navigating 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.
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from $1,325Studio to 2 Bedroom Apartments Available Now
Brookside Apartments
1406 Brookside DrRaleigh, NC 27604
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from $1,430Studio to 2 Bedroom Apartments Available Now
Mira
121 Kindley StRaleigh, NC 27601
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from $1,433Studio to 2 Bedroom Apartments Available Now
Forge at Raleigh Iron Works
2221 Iron Works DrRaleigh, NC 27604
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from $1,479Studio to 2 Bedroom Apartments Contact Us For Availability
Camden Village District
1801 Cameron StRaleigh, NC 27605
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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Raleigh's Best Affordable Neighborhoods
Learn about Raleigh and the best places to live with original content written by our , Local Expert Chris Munier
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Showing Results 1-14, Page 1 of 1
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 | $1,623 | $1,200 | $2,125 |
| Five Points 1 Bedroom Apartments | $2,069 | $1,126 | $3,059 |
| Five Points 2 Bedroom Apartments | $3,010 | $1,230 | $4,277 |
| Five Points 3 Bedroom Apartments | $3,949 | $2,317 | $7,515 |
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 Raleigh, NC.
See all Apartments in RaleighExplore Raleigh
Five Points, Raleigh, NC Local Guide
- Nearby Raleigh neighborhoods
- Nearby Cities
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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 1 Bed unit found at Capital Flats & Magnolia Square Apartments priced from $1,126. Anderson Hills has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,320. Here are the most affordable Five Points apartments for rent in Raleigh, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Capital Flats & Magnolia Square Apartments | CF 1x1A | 1BR,1BA | $1,126 |
| Anderson Hills | The Gresham - Renovated | 1BR,1BA | $1,320 |
| Brookside Apartments | Studio Newly Renovated | Studio,1BA | $1,325 |
| The Signal | S1 | Studio,1BA | $1,329 |
| Jones Grant Urban Flats | A3 | 1BR,1BA | $1,340 |
Best Value Apartments for Rent in Five Points, NC
As of May 01, 2025 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 PS 2x1.5 Model at Parkside at Five Points starting at $1,408 with a $1.26 price per square foot in the Hi Mount 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 |
| Parkside at Five Points | PS 2x1.5 | 2BR,1.5BA | $1.26 |
| Meridian at North Hills | A1.2 | 1BR,1BA | $2.64 |
| Jones Grant Urban Flats | A3 | 1BR,1BA | $1.73 |
| Mira | A1 | 1BR,1BA | $2.85 |
| Brookside Apartments | Studio Newly Renovated | Studio ,1BA | $2.12 |
| Anderson Hills | The Gresham - Renovated | 1BR,1BA | $2.13 |
| Solis Hills | S1 | Studio ,1BA | $3.06 |
| Capital Flats & Magnolia Square Apartments | CF 1x1A | 1BR,1BA | $2.25 |
| Forge at Raleigh Iron Works | S1 - Studio | Studio ,1BA | $3.26 |
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Pet Friendly LifestyleFive Points, Raleigh, NC
Ranked #106
Among neighborhoods in Raleigh, NC for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Five Points Neighborhood in Raleigh, NC
Walk Score®
57 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
54 / 100
Bikeable
Some bike infrastructure
Transit Score®
41 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Five Points Apartments
What is the Cheapest Studio apartment in Five Points?
Currently the most affordable Cheap Studio Apartment in Five Points is at Brookside Apartments listed at $1,325.
How much is rent for a Cheap One Bedroom Five Points Apartment?
The lowest price for a Cheap One Bedroom Five Points Apartment is $1,126 at Capital Flats & Magnolia Square Apartments.
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 $1,408 at Parkside at Five Points.
What is the most affordable Five Points Three Bedroom Apartment?
The best deal on a cheap Five Points Three Bedroom Apartment rental is at Solis Hills and starts from $2,850.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Raleigh
Written by: Chris Munier
Raleigh offers not only an exciting urban environment, the centerpiece of a thriving metro area, but it’s also affordable. That is, assuming you know where to rent.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.