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from $1,125Studio to 2 Bedroom Apartments Available Now
Brookside Apartments
1406 Brookside DrRaleigh, NC 27604
Cheap Apartments for Rent in the Five Points Neighborhood of Raleigh, NC from $700 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Five Points area of Raleigh.
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from $1,254Studio to 2 Bedroom Apartments Available Now
Jones Grant Urban Flats
1040 Wake Towne DrRaleigh, NC 27609
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from $1,274Studio to 3 Bedroom Apartments Available Now
The Signal
721 Halifax StRaleigh, NC 27604
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from $1,2951 to 2 Bedroom Apartments Available Now
Anderson Hills
231 Calibre Chase DrRaleigh, NC 27609
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from $1,375Studio to 2 Bedroom Apartments Available Now
Mira
121 Kindley StRaleigh, NC 27601
2223 Brewer St
RaleighNC27608
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from $1,402Studio to 2 Bedroom Apartments Available Now
Forge at Raleigh Iron Works
2221 Iron Works DrRaleigh, NC 27604
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from $1,4082 Bedroom Apartments Available Now
Parkside at Five Points
2609 McNeill StRaleigh, NC 27608
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from $1,529Studio to 3 Bedroom Apartments Available Now
Solis Hills
1331 Chester AveRaleigh, NC 27608
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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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2221 Brewer St
RaleighNC27608
2205 Brewer St
RaleighNC27608
2212 Bernard St
RaleighNC27608
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Showing Results 1-17, 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 | $1,579 | $1,125 | $2,125 |
| Five Points 1 Bedroom Apartments | $2,069 | $1,119 | $3,059 |
| Five Points 2 Bedroom Apartments | $2,988 | $1,395 | $4,902 |
| Five Points 3 Bedroom Apartments | $4,269 | $2,367 | $7,515 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Five Points Neighborhood of Raleigh, NC.
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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 $1,112. The Signal has the second lowest priced unit, which is a Studio apartment currently listed from $1,274. 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 | $1,112 |
| The Signal | S1 | Studio,1BA | $1,274 |
| Anderson Hills | The Gresham - Renovated | 1BR,1BA | $1,295 |
| Mira | S1 | Studio,1BA | $1,375 |
| Jones Grant Urban Flats | A3 | 1BR,1BA | $1,400 |
Best Value Apartments for Rent in Five Points, NC
As of March 26, 2025 the best value apartment in the Five Points area is the $1.58 price per square foot 2x2.5 townhm Model at The Townes at Bishops Park in the in the Blount Street neighborhood starting from $1,875. 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 | $1.58 |
| Parkside at Five Points | PS 2x1.5 | 2BR,1.5BA | $1.26 |
| Meridian at North Hills | A1.1 | 1BR,1BA | $2.64 |
| Jones Grant Urban Flats | A3 | 1BR,1BA | $1.81 |
| Brookside Apartments | 1x1 Newly Renovated | 1BR,1BA | $1.91 |
| The Signal | A3 | 1BR,1BA | $2.63 |
| Mira | A1 | 1BR,1BA | $2.86 |
| Anderson Hills | The Gresham - Renovated | 1BR,1BA | $2.09 |
| Solis Hills | S1 | Studio ,1BA | $2.83 |
| Capital Flats & Magnolia Square Apartments | CF 1x1A | 1BR,1BA | $2.22 |
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Pet Friendly LifestyleFive Points, Raleigh, NC
Ranked #93
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 The Signal listed at $1,274.
How much is rent for a Cheap One Bedroom Five Points Apartment?
The lowest price for a Cheap One Bedroom Five Points Apartment is $1,112 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.
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.
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.
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.