
Cheap Studio Apartments for Rent in the Five Points Neighborhood of Raleigh, NC from $937 (29 Rentals)


Total Monthly Price
Skyhouse Raleigh

Marq at Crabtree

Tree Top

Total Monthly Price
Broadstone Oak City

Total Monthly Price
Brookside Apartments

The Apartments at St. Mary's
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.

St. Albans Lofts

The Lincoln

Total Monthly Price
The Gramercy

Forge at Raleigh Iron Works

Total Monthly Price
The Point

Total Monthly Price
The Dillon

Platform
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.

Total Monthly Price
Anderson Flats

Total Monthly Price
Jones Grant Urban Flats

Total Monthly Price
The Metropolitan

511 Faye

Park and Market

Cortland Glenwood South

Total Monthly Price
Oberlin Court Apartments
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.

Total Monthly Price
The Signal

Solis Hills

Link Apartments® Glenwood South

Total Monthly Price
The Miles

The L Apartments

Total Monthly Price
Lassiter at North Hills
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Total Monthly Price
The Devon Four25
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 | $1,446 | $937 | $3,805 |
| Five Points 1 Bedroom Apartments | $1,738 | $949 | $6,417 |
| Five Points 2 Bedroom Apartments | $2,188 | $845 | $8,071 |
| Five Points 3 Bedroom Apartments | $2,305 | $899 | $5,474 |
| Five Points 4 Bedroom Apartments | $1,104 | $950 | $1,280 |
Explore Raleigh
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 $1,192.
What is the price of a cheap apartment in Five Points?
The cheapest apartment in Five Points is The Harrison Apartments which is listed at $1,011, while the average apartment in Five Points costs $2,225.
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 55 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 $521 which is $1,704 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.
Helpful Local Expert Guides

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.

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Raleigh
Written by: Chris Munier
Student apartments are not always easy to find in every location, but that’s not the case in the university-rich city of Raleigh, North Carolina.

Discover Terrific Apartment Opportunities Near Raleighs Largest Employers
Written by: Chris Munier
Did you recently land a new job in Raleigh but can’t find a suitable place to live? This is a common issue for working professionals making career changes, especially in a transplant-heavy area like Raleigh.
Articles, How-To's, and Tips

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
