2212 Bernard St
RaleighNC27608
Cheap Homes for Rent in Five Points Neighborhood of Raleigh, NC from $1,300 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Five Points area of Raleigh.
2340 Bernard St
RaleighNC27608
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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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 | $1,685 | $1,395 | $1,995 |
| Five Points 3 Bedroom Homes for Rent | $2,758 | $1,995 | $3,700 |
Browse Homes for Rent in this Neighborhood
There are currently 2 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
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Best Value Apartments for Rent in Five Points, NC
As of April 16, 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 | A1.2 | 1BR,1BA | $2.64 |
| The Signal | A5 | 1BR,1BA | $2.92 |
| Jones Grant Urban Flats | S1 | Studio ,1BA | $1.82 |
| Anderson Hills | The Gresham - Renovated | 1BR,1BA | $2.17 |
| Solis Hills | S1 | Studio ,1BA | $3.06 |
| Mira | S2 | Studio ,1BA | $2.82 |
| 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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Frequently Asked Questions about Five Points
What type of rentals are currently available in Five Points?
There are currently 39 Apartments for Rent in Five Points, NC with pricing that ranges from $1,126 to $7,515. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in Five Points ranging from $1,395 to $3,700.
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 $1,395 to $3,700 with an average monthly rent of $2,221.
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.