
Cheap Apartments for Rent in Elizabeth, CO from $1,000 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in Elizabeth.


Reserve at Castle Highland

Parker Flats at Old Town

Pines at Castle Rock

Vistas at Plum Creek

Briargate on Main

Riverwalk
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.

Ranchstone Apartment Homes

The Depot at Twenty Mile

Stone Canyon Apartments

South Range Crossings

Waterford on Mainstreet

Auburn Brook

Venue at the Promenade
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.

Alana

Enclave at Cherry Creek

Springs At Eagle Bend

The Bluffs at Castle Rock Apartments

Bell Stonegate

Trailside Apartments

Auburn Ridge
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.

Echo Ridge Apartments

Peak 83

Talus Flats

The Prospector Modern

Parker Hilltop

Madison at Canyons, The

The Links at Plum Creek
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.

Ara Townhomes & Flats
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 | $1,693 | $1,383 | $2,115 |
| Elizabeth 1 Bedroom Apartments | $1,701 | $1,330 | $3,173 |
| Elizabeth 2 Bedroom Apartments | $2,077 | $1,500 | $3,411 |
| Elizabeth 3 Bedroom Apartments | $2,589 | $1,483 | $3,909 |
Browse Top Apartments in Elizabeth
See all Apartments in ElizabethExplore Elizabeth
Elizabeth, CO Local Guide
- Elizabeth Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Neighborhoods for Apartments in Elizabeth, CO
Pricing Updated: 01/10/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Spring Valley Ranch | $3,195 | $3,195 | 1 |
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 Flats at Old Town in the Newlin Meadows neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,295. Here is today’s list of the most affordable Elizabeth apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Reserve at Castle Highland | Two Bedroom | 2BR,2BA | $1,249 |
| Parker Flats at Old Town | The Gallerie | 1BR,1BA | $1,295 |
| Pines at Castle Rock | 1 Bedroom 1 Bathroom (iii) | 1BR,1BA | $1,299 |
| Vistas at Plum Creek | Windsor - 2 | 1BR,1BA | $1,330 |
| Briargate on Main | Residence 1 | 1BR,1BA | $1,340 |
| Ranchstone Apartment Homes | A2 - Breck | 1BR,1BA | $1,399 |
| Stone Canyon Apartments | Inventive | 1BR,1BA | $1,425 |
| Waterford on Mainstreet | a | 1BR,1BA | $1,467 |
| Auburn Brook | 1 BED, 1 BATH (A) - 770 SF | 1BR,1BA | $1,475 |
| Venue at the Promenade | A1 | 1BR,1BA | $1,485 |
Best Value Apartments for Rent in Elizabeth, CO and Nearby
As of January 10, 2026 the best value apartment in the Elizabeth area is the $1.15 price per square foot 2118 Appaloosa Trl Model at 2118 Appaloosa Trl in the starting from $1,500. The second greatest value Elizabeth apartment is the Three Bedroom C1 (60%) Model at South Range Crossings starting at $2,008 with a $1.66 price per square foot in the Newlin Meadows 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. |
|---|---|---|---|
| 2118 Appaloosa Trl | 2118 Appaloosa Trl | 2BR,1BA | $1.15 |
| South Range Crossings | Three Bedroom C1 (60%) | 3BR,2BA | $1.66 |
| Reserve at Castle Highland | Two Bedroom | 2BR,2BA | $1.19 |
| Avalon Castle Rock | A2-966 | 1BR,1BA | $1.97 |
| The Depot at Twenty Mile | The Station | 2BR,2BA | $1.91 |
| Bell Stonegate | A1D | 1BR,1BA | $1.89 |
| Ranchstone Apartment Homes | A3 - Copper | 1BR,1BA | $2.00 |
| Stone Canyon Apartments | Grandeur | 1BR,1BA | $1.83 |
| Auburn Brook | 1 BED, 1 BATH (A) - 770 SF | 1BR,1BA | $1.92 |
| Pines at Castle Rock | 1 Bedroom 1 Bathroom (iii) | 1BR,1BA | $1.76 |
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 ArticleThe 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.
Read ArticleCash 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 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 #76
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 $1,499.
How much is rent for a Cheap One Bedroom Elizabeth Apartment?
The lowest price for a Cheap One Bedroom Elizabeth Apartment is $1,295 at Parker Flats at Old Town.
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 $1,846.
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

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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!