Cheap Apartments for Rent in Elizabeth, CO from $1,000 (30 Rentals)

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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.

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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.

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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.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-30, Page 1 of 1

Elizabeth, CO Local Guide

Cheapest Neighborhoods for Apartments in Elizabeth, CO

Pricing Updated: 01/21/2026

Current apartment rentals in the Elizabeth, CO area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Elizabeth Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Spring Valley Ranch$3,250$2,7502

Cheapest Available Elizabeth Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elizabeth, CO is a 2 Beds unit found at Reserve at Castle Highland in the Crystal Crossing neighborhood priced from $1,249. Parker Hilltop in the Newlin Meadows neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,293. Here is today’s list of the most affordable Elizabeth apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Reserve at Castle HighlandTwo Bedroom2BR,2BA$1,249
Parker HilltopHillside1BR,1BA$1,293
Parker Flats at Old TownThe Gallerie1BR,1BA$1,296
Vistas at Plum CreekWindsor - 21BR,1BA$1,330
The View at Castle RockExecutive SuiteStudio,1BA$1,333
Briargate on MainResidence 11BR,1BA$1,340
Pines at Castle Rock2 Bedroom 2 Bathroom (i)2BR,2BA$1,399
Stone Canyon ApartmentsSplendor1BR,1BA$1,425
Waterford on Mainstreeta1BR,1BA$1,447
The Bluffs at Castle Rock ApartmentsLookout Renovated1BR,1BA$1,475

Best Value Apartments for Rent in Elizabeth, CO and Nearby

As of January 21, 2026 the best value apartment in the Elizabeth area is the $1.99 price per square foot 3 Model at Black Feather Apartment Homes in the in the Castlewood Ranch neighborhood starting from $2,795. The second greatest value Elizabeth apartment is the B3-1360 Model at Avalon Castle Rock starting at $2,708 with a $1.99 price per square foot in the Crystal Crossing neighborhood. 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.
Black Feather Apartment Homes33BR,2.5BA$1.99
Avalon Castle RockB3-13602BR,2BA$1.99
2118 Appaloosa Trl2118 Appaloosa Trl2BR,1BA$1.15
Auburn Brook3 BED, 2 BATH (D) - 1259 SF3BR,2BA$1.91
South Range CrossingsThree Bedroom C1 (60%)3BR,2BA$1.66
Reserve at Castle HighlandTwo Bedroom2BR,2BA$1.19
Bell StonegateB2A2BR,2BA$1.92
Parker HilltopSierra2BR,1BA$1.79
Pines at Castle Rock2 Bedroom 1 Bathroom (iii)2BR,1BA$1.50
The Bluffs at Castle Rock ApartmentsLookout Renovated1BR,1BA$2.00

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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.

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Pet Friendly Lifestyle
Elizabeth, CO

Ranked #87

Among cities in Colorado for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

Explore Elizabeth, CO Rentals by Map

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See the most popular apartments and homes in Elizabeth, CO

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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 The View at Castle Rock listed at $1,333.

How much is rent for a Cheap One Bedroom Elizabeth Apartment?

The lowest price for a Cheap One Bedroom Elizabeth Apartment is $1,293 at Parker Hilltop.

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 $1,249 at Reserve at Castle Highland.

What is the most affordable Elizabeth Three Bedroom Apartment?

The best deal on a cheap Elizabeth Three Bedroom Apartment rental is at South Range Crossings and starts from $2,008.

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

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.