
Cheap Apartments for Rent near Elizabeth, AR from $400 (57 Rentals)
Search the lowest-cost Apartments available for rent right now in Elizabeth.


The Heights Apartments

Breckenridge Apartments

The Studios

Sugarloaf Studios

The Dels Harrison

Concord Manor Apartments

Brookshire Apartments

Eastview Apartments

The Mill on 76 Apartments
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.

Cobblestone Village, 55+ Community

Quail Ridge East Apartments

Shepherd of the Hills Estates Apartments

2972 Maple Street Hollister MO

Park West Senior Apartments

Quail Run at Meadow Springs

Shadowbrook Apartments

Mountain Station Apartments

Ozark Plantation

Mountain Boulevard
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.

Embassy Ozark

White River Mountain Apartments

The Falcon of Southern Hills Apartments

Galloway Creek

Maple Church Senior

Cardinal Apartments

Norfork Villas

The Grand

Townhomes at Quail Ridge

Ridgecrest Apartments
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Maple Church Apartments

Logan Heights

Ozark Sky Estates

Wolf River Lodge

Excelsior Gardens Apartments

Homestead at Crosswood

Ozark South Apartments

Town & Country Village

Turtle Creek Apartments

Park West Patio Homes
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

White River Commons

West End Social

1010 5th St

Valley Estates Heber Springs

Renshaw Studio Apartments

686 W 4th St

Tara Apartments

Black River Studios

Outback Roadhouse Apartments

1265 Jackson St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Elizabeth, AR Local Guide

How much does it cost to rent an apartment in Elizabeth?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elizabeth Studio Apartments | $763 | $425 | $2,143 |
| Elizabeth 1 Bedroom Apartments | $975 | $475 | $1,907 |
| Elizabeth 2 Bedroom Apartments | $1,192 | $500 | $2,080 |
| Elizabeth 3 Bedroom Apartments | $1,385 | $850 | $2,439 |
Browse Top Apartments in Elizabeth
See all Apartments in ElizabethExplore Elizabeth
Elizabeth, AR Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Elizabeth Apartments for Rent and Nearby
 The cheapest available apartment rental in Elizabeth, AR is a Studio unit found at Mammoth Spring priced from $425. Breckenridge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $475. Here is today’s list of the most affordable Elizabeth apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mammoth Spring | Studio | Studio,1BA | $425 |
| Breckenridge Apartments | Breckenridge - 1 Bed 1 Bath no W/D Hookup | 1BR,1BA | $475 |
| The Heights Apartments | Small Studio | Studio,1BA | $475 |
| Sugarloaf Studios | Studio | Studio,1BA | $525 |
| The Dels Harrison | Studios | Studio,1BA | $525 |
| The Mill on 76 Apartments | Westyn | Studio,1BA | $650 |
| 6444 Highway 178 S | Studio / Kitchenette | Studio,1BA | $650 |
| Eastview Apartments | Studio | Studio,1BA | $650 |
| Shepherd of the Hills Estates Apartments | 1x1.5 | 1BR,1BA | $695 |
| 2972 Maple Street Hollister MO | 2 Bedroom 1 Bath | 2BR,1BA | $700 |
Best Value Apartments for Rent in Elizabeth, AR and Nearby
As of July 08, 2026 the best value apartment in the Elizabeth area is the $0.80 price per square foot 1503 Model at 2700 Burke Ave in the starting from $1,200. The second greatest value Elizabeth apartment is the Three Bedroom Townhome Model at Wolf River Lodge starting at $950 with a $0.82 price per square foot . Here is today’s list of the best values for Elizabeth apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2700 Burke Ave | 1503 | 2BR,1.5BA | $0.80 |
| Wolf River Lodge | Three Bedroom Townhome | 3BR,2BA | $0.82 |
| Park West Patio Homes | 2 Bed 2 Bath | 2BR,2BA | $0.96 |
| Mountain Station Apartments | 3 Bed 2 Bath | 3BR,2BA | $0.95 |
| Ozark Mountain Crossing Apartments | MOVE IN SPECIAL! Ozark 2 Bed/2 Bath Apartment ... | 2BR,2BA | $0.97 |
| Maple Church Apartments | MCI-2X2-MKT | 2BR,2BA | $0.98 |
| Cardinal Apartments | 2 Bed 2 Bath | 2BR,2BA | $0.92 |
| Shepherd of the Hills Estates Apartments | 1x1.5 | 1BR,1.5BA | $0.93 |
| Breckenridge Apartments | Breckenridge - 2 Bed 1 Bath | 2BR,1BA | $0.93 |
| The Dels Harrison | Studios | Studio ,1BA | $0.95 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Elizabeth, AR Rentals by Map
See the most popular apartments and homes in Elizabeth, AR
Frequently Asked Questions about Cheap Elizabeth Apartments
What is the Cheapest Studio apartment in Elizabeth?
Currently the most affordable Cheap Studio Apartment in Elizabeth is at Mammoth Spring listed at $425.
How much is rent for a Cheap One Bedroom Elizabeth Apartment?
The lowest price for a Cheap One Bedroom Elizabeth Apartment is $475 at Breckenridge Apartments.
What is the lowest price for a Cheap Two Bedroom Elizabeth Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Elizabeth is starting from $565 at Breckenridge Apartments.
What is the most affordable Elizabeth Three Bedroom Apartment?
The best deal on a cheap Elizabeth Three Bedroom Apartment rental is at Mountain Station Apartments and starts from $900.
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.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.