
Cheap Apartments for Rent in Elizabeth, CO from $900 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in Elizabeth.


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Pine Ridge Crossings

Oakwood Senior Apartments

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Springs At Eagle Bend

Vistas at Plum Creek

Echo Ridge Apartments

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Stone Canyon Apartments

Reserve at Castle Highland

Parker Hilltop
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

The Depot at Twenty Mile

Unity on Park

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Waterford on Mainstreet

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Pines at Castle Rock

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The Bluffs at Castle Rock

Parker Flats at Old Town

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South Range Crossings

Auburn Ridge

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Ranchstone Apartment Homes
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.

Riverwalk

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Bell Stonegate

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Enclave at Cherry Creek

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Venue at the Promenade

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The Links at Plum Creek

Trailside Apartments

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The Prospector Modern Apartments

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Juniper on Main

The View at Castle Rock
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Pine and Parker

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Briargate on Main

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Avalon Parker

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Alana

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Talus Flats

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Watermark on Twenty Mile

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Auburn Brook

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Madison at Canyons, The

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Peak 83
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.

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Avalon Castle Rock

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Citadel at Castle Pines

12886 Ironstone Way

12918 Ironstone Way

Black Feather Apartment Homes

12931 Ironstone Way

18611 Stroh Rd

1405 S Sierra Dr

424 Lake Gulch Rd
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.
Elizabeth, CO Local Guide

How much does it cost to rent an apartment in Elizabeth?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elizabeth Studio Apartments | $1,668 | $1,386 | $1,797 |
| Elizabeth 1 Bedroom Apartments | $1,768 | $990 | $2,597 |
| Elizabeth 2 Bedroom Apartments | $2,175 | $1,650 | $4,424 |
| Elizabeth 3 Bedroom Apartments | $2,912 | $2,052 | $4,664 |
| Elizabeth 4 Bedroom Apartments | $3,834 | $3,799 | $3,877 |
Browse Top Apartments in Elizabeth
See all Apartments in ElizabethExplore Elizabeth
Elizabeth, CO Local Guide
- Elizabeth Neighborhoods
- Nearby Cities
- ZIP codes
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Cheapest Available Elizabeth Apartments for Rent and Nearby
 The cheapest available apartment rental in Elizabeth, CO is a 1 Bed unit found at Oakwood Senior Apartments in the Crystal Crossing neighborhood priced from $990. Springs At Eagle Bend in the Saddle Rock neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,386. Here is today’s list of the most affordable Elizabeth apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oakwood Senior Apartments | Oakwood 1 | 1BR,1BA | $990 |
| Springs At Eagle Bend | Studio Grand Overlook | Studio,1BA | $1,386 |
| Vistas at Plum Creek | Windsor - 1 | 1BR,1BA | $1,435 |
| Echo Ridge Apartments | A1 | 1BR,1BA | $1,458 |
| Reserve at Castle Highland | One Bedroom | 1BR,1BA | $1,494 |
| Parker Hilltop | Hillside | 1BR,1BA | $1,507 |
| Unity on Park | Studio, 1 bath | Studio,1BA | $1,512 |
| Waterford on Mainstreet | a | 1BR,1BA | $1,538 |
| Pines at Castle Rock | 1 Bedroom 1 Bathroom 60% | 1BR,1BA | $1,545 |
| The Bluffs at Castle Rock | a1.1R | 1BR,1BA | $1,550 |
Best Value Apartments for Rent in Elizabeth, CO and Nearby
As of July 23, 2026 the best value apartment in the Elizabeth area is the $1.82 price per square foot 3 Bed 2.5 Bath E Model at The Townhomes at Pine Drive in the in the Newlin Meadows neighborhood starting from $2,820. The second greatest value Elizabeth apartment is the Prairie Model at Red Hawk Crossings starting at $3,040 with a $2.04 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Townhomes at Pine Drive | 3 Bed 2.5 Bath E | 3BR,2.5BA | $1.82 |
| Red Hawk Crossings | Prairie | 3BR,2.5BA | $2.04 |
| South Range Crossings | Two Bedroom B2 (60%) | 2BR,2BA | $1.68 |
| Pine Ridge Crossings | 2B | 2BR,2BA | $1.94 |
| Black Feather Apartment Homes | 2 | 2BR,2BA | $1.83 |
| Ranchstone Apartment Homes | A4 - Evans | 2BR,1BA | $1.89 |
| Parker Hilltop | Hillside | 1BR,1BA | $1.88 |
| Reserve at Castle Highland | One Bedroom | 1BR,1BA | $2.01 |
| Echo Ridge Apartments | A1 | 1BR,1BA | $2.06 |
| Oakwood Senior Apartments | Oakwood 1 | 1BR,1BA | $1.52 |
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.
Pet Friendly LifestyleElizabeth, CO
Ranked #104
Among cities in Colorado for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Elizabeth, CO Rentals by Map
See the most popular apartments and homes in Elizabeth, CO
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 Springs At Eagle Bend listed at $1,386.
How much is rent for a Cheap One Bedroom Elizabeth Apartment?
The lowest price for a Cheap One Bedroom Elizabeth Apartment is $990 at Oakwood Senior 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 $1,650 at The Bluffs at Castle Rock.
What is the most affordable Elizabeth Three Bedroom Apartment?
The best deal on a cheap Elizabeth Three Bedroom Apartment rental is at Parker Hilltop and starts from $2,092.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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.