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These days, finding an affordable place to live in the Five Points area can be challenging. Home prices in Five Points are now at a median cost of $276,478, lower than the Atlanta average of $395,472.
The average cost of rent is $1,488/mo in Five Points, primarily driven by the current value of real estate in the Five Points area. In Five Points, 54.32% of households rent, and 40.34% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Five Points is $2,717 per month. Households that rent pay about 54.77% of their income on rent here. Five Points’s most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Sweet Auburn, Atlanta, GA: higher priced homes
- Old Fourth Ward, Atlanta, GA: higher priced homes
- Downtown, Atlanta, GA: higher priced homes
- Cabbage Town, Atlanta, GA: higher priced homes
- Grant Park, Atlanta, GA: higher priced homes
- Vine City, Atlanta, GA: higher priced homes
- Mechanicsville, Atlanta, GA: higher priced homes
- Atlanta-Inman Park, Atlanta, GA: higher priced homes
- Midtown Atlanta, Atlanta, GA: higher priced homes
- University Center, Atlanta, GA: equally priced homes
Neighborhoods with Similar Populations
- Far North Dallas-Roanoke, Roanoke, TX: higher priced homes
- Greenfield, Bakersfield, CA: equally priced homes
- South Albany, Albany, OR: equally priced homes
- Grantley, York, PA: less expensive homes
- South Pointe, San Bernardino, CA: higher priced homes
- South Salt Creek, Lincoln, NE: less expensive homes
- Southland, San Angelo, TX: equally priced homes
- Southwood, Old Bridge, NJ: higher priced homes
- Sunset, Fort Lauderdale, FL: higher priced homes
- Sylvan Park, Nashville, TN: higher priced homes
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