2222 Bernard St
RaleighNC27608
Cheap Homes for Rent in Five Points Neighborhood of Raleigh, NC from $1,300 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Five Points area of Raleigh.
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.
2616 Noble Rd
RaleighNC27608
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.
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$1,5502 Bedroom Apartments Available Jun 1
1807 Sunset Dr, Unit B
1807 Sunset DrRaleigh, NC 27608
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Five Points, Raleigh, NC Local Guide
How much does it cost to rent a home in Five Points?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Five Points 2 Bedroom Homes for Rent | $2,103 | $1,375 | $3,295 |
| Five Points 3 Bedroom Homes for Rent | $3,800 | $3,800 | $3,800 |
| Five Points 4 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Five Points Neighborhood of Raleigh, NC.
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Best Value Apartments for Rent in Five Points, NC
As of April 14, 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 2A-R Model at Sterling Glenwood Apartments starting at $1,750 with a $1.68 price per square foot in the Copper Ridge 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 |
| Sterling Glenwood Apartments | 2A-R | 2BR,1BA | $1.68 |
| Stanhope | 2x2 | 2BR,2BA | $1.50 |
| Brentmoor Apartments | Glenwood | 1BR,1BA | $1.58 |
| Infinity Six Forks | The Belmont | 1BR,1BA | $1.87 |
| Anderson Hills | The Albemarle - Renovated | 1BR,1BA | $1.82 |
| Broadstone Oak City | A2 | 1BR,1BA | $1.75 |
| Brookside Apartments | 1x1 Newly Renovated | 1BR,1BA | $1.61 |
| Tree Top | Cypress | 1BR,1BA | $1.57 |
| Oberlin Court Apartments | B2 | 1BR,1BA | $1.82 |
Frequently Asked Questions about Five Points
What type of rentals are currently available in Five Points?
There are currently 80 Apartments for Rent in Five Points, NC with pricing that ranges from $845 to $8,104. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Five Points ranging from $1,375 to $3,800.
What is the current price range for Rental Homes in Five Points?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Five Points ranges from $1,375 to $3,800 with an average monthly rent of $2,846.
How much are larger Three and Four Bedroom Rentals in Five Points?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Five Points range from $899 to $5,540, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,800 to $3,800. Four Bedroom Single-Family rentals are also available starting from $3,500 and Four Bedroom Apartments start at $1,025.
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
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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
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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.
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Articles, How-To's, and Tips
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.
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.