Cheap Apartments for Rent in Elizabeth, AR from $400 (48 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Elizabeth.

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.

Read Article

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.

Read Article

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.

Read Article
close
View Me
White River Commons
Studio to 1 Bedroom Apartments

White River Commons

1325 N Saint LouisBatesville, AR 72501
  • Utilities Included
close
View Me
West End Social
Studio Apartments

West End Social

1350 Hwy 62 WMountain Home, AR 72653
  • Utilities Included

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.

Read Article
close
View Me
Renshaw Studio Apartments
Studio to 1 Bedroom Apartments

Renshaw Studio Apartments

2518 State Hwy 176Rockaway Beach, MO 65740
  • Utilities Included
close
View Me
Tara Apartments
Studio to 2 Bedroom Apartments

Tara Apartments

1000 S Main StMountain Home, AR 72653
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Read Article
Showing Results 1-48, Page 1 of 1

Elizabeth, AR Local Guide

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 ListingModel NameBed/BathPriced From
Mammoth SpringStudioStudio,1BA$425
Breckenridge ApartmentsBreckenridge - 1 Bed 1 Bath no W/D Hookup1BR,1BA$475
The Heights ApartmentsSmall StudioStudio,1BA$475
Sugarloaf StudiosStudioStudio,1BA$525
The Dels HarrisonStudiosStudio,1BA$525
The Mill on 76 ApartmentsWestynStudio,1BA$650
6444 Highway 178 SStudio / KitchenetteStudio,1BA$650
Shepherd of the Hills Estates Apartments1x1.51BR,1BA$695
Shadowbrook Apartments1 Bed 1 Bath1BR,1BA$730
Park West Senior Apartments1 Bed 1 Bath1BR,1BA$730

Best Value Apartments for Rent in Elizabeth, AR and Nearby

As of May 24, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
2700 Burke Ave15032BR,1.5BA$0.80
Wolf River LodgeThree Bedroom Townhome3BR,2BA$0.82
Golden Oaks Apartments2 Bedroom2BR,2BA$0.90
Park West Patio Homes2 Bed 2 Bath2BR,2BA$0.96
Norfork Villas3BR/2BA Flats3BR,2BA$0.91
Maple Church ApartmentsMCI-2X2-MKT2BR,2BA$0.98
Cardinal Apartments2 Bed 2 Bath2BR,2BA$0.92
Shepherd of the Hills Estates Apartments1x1.51BR,1.5BA$0.93
Breckenridge ApartmentsBreckenridge - 2 Bed 1 Bath2BR,1BA$0.93
The Dels HarrisonStudiosStudio ,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 Article
Decorative image

Real 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 Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Elizabeth, AR Rentals by Map

Decorative image of map

See the most popular apartments and homes in Elizabeth, AR

View Map
Elizabeth, AR Apartments Map
View Map
Elizabeth, AR Rental Homes Map

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 Norfork Villas and starts from $850.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.