Cheap Apartments for Rent in the Five Points Neighborhood of Dayton, OH from $300 (28 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Five Points area of Dayton.

property at 219 Victor Ave

219 Victor Ave

DaytonOH45405
property at 22 Emmet St

22 Emmet St

DaytonOH45405
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May-Lin Manor
1 to 2 Bedroom Apartments

May-Lin Manor

1711-1715 McArthur AveDayton, OH 45417
  • Utilities Included
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Salemview Apartments
Studio to 1 Bedroom Apartments

Salemview Apartments

72 Central AveDayton, OH 45406
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Omega Senior Lofts
1 to 2 Bedroom Apartments

Omega Senior Lofts

1461 Cornell DrDayton, OH 45406
Senior Living
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Audubon Crossing
1 to 2 Bedroom Apartments

Audubon Crossing

119 Edgewood AveDayton, OH 45402
Senior Living
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Rice Terrace
1 Bedroom Apartments

Rice Terrace

2525 Lakeview AveDayton, OH 45417

Five Points, Dayton, OH Local Guide

Cheapest Available Five Points Apartments for Rent

 

The cheapest available apartment rental in the Five Points area of Dayton, OH is a Studio unit found at Grafton Hill Apartments priced from $525. Audubon Crossing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $639. Here are the most affordable Five Points apartments for rent in Dayton, OH:

Apartment ListingModel NameBed/BathPriced From
Grafton Hill ApartmentsStudioStudio,1BA$525
Audubon Crossing1 Bedroom1BR,1BA$639
Chamberlain I & II ApartmentsS4Studio,1BA$646
Rockwood ApartmentsStudio C, LStudio,1BA$675
Riverstone Apartments1 BD Standard1BR,1BA$745
Executive House2 Bedroom Standard2BR,1BA$950
Home Telephone Building LoftsStudio-The AcmeStudio,1BA$950
Art Lofts at the Arcade2 Bedroom Tax Credit***2BR,1BA$955

Best Value Apartments for Rent in Five Points, OH

As of March 25, 2025 the best value apartment in the Five Points area is the $0.89 price per square foot Two Bedroom Two Bathroom Model at Grafton House in the in the Downtown Dayton neighborhood starting from $1,600. The second greatest value Five Points apartment is the 921 Harvard Blvd Model at 921 Harvard Blvd, Unit 921 starting at $995 with a $0.66 price per square foot in the Downtown Dayton neighborhood. Here is today’s list of the best values for Five Points apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Grafton HouseTwo Bedroom Two Bathroom2BR,2BA$0.89
921 Harvard Blvd, Unit 921921 Harvard Blvd3BR,1.5BA$0.66
Stratford House4012BR,2BA$1.27
220 Rockwood Ave, Unit 220 Rockwood220 Rockwood Ave3BR,1BA$0.80
The Flight2 Bed / 2 Bath2BR,2BA$0.93
Audubon Crossing1 Bedroom1BR,1BA$0.73
Park Layne Apartments1BD (9th-10th Floor)1BR,1BA$1.28
Executive House2 Bedroom Standard2BR,1BA$1.24
Riverstone Apartments1 BD Premium1BR,1BA$1.22
314 Ethel Ave, Unit 1A314 Ethel Ave1BR,1BA$1.25

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Pet Friendly Lifestyle
Five Points, Dayton, OH

Ranked #9

Among neighborhoods in Dayton, OH for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, including Five Points, Dayton, and the greater Dayton area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, transit availability, pet-friendly communities, multifamily communities for the kids, and other valuable search options. These search options are in the site filters at the top of this page.

Getting Around the Five Points Neighborhood in Dayton, OH

Walk Score®

44 / 100

Car-Dependent

Most errands require a car

Bike Score®

55 / 100

Bikeable

Some bike infrastructure

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 $955.

What is the price of a cheap apartment in Five Points?

The cheapest apartment in Five Points is Audubon Crossing which is listed at $639, while the average apartment in Five Points costs $1,775.

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 168 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 $2,057 which is $0 cheaper than the average rent for all rentals in Five Points.

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.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.