Cheap Apartments for Rent in Elizabeth, CO from $1,000 (32 Rentals)

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

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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property at 615 Co Rd 45

$1,300

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300

2 Bedroom, 1.5 Bath Home for Rent

Available Now

615 Co Rd 45

KiowaCO80117
property at 1185 S Gilbert St

$1,525

Total Monthly Price

Total Monthly Price

Base Rent
$1,525
Total Monthly Price
$1,525

2 Bedroom, 2 Bath Condo for Rent

Available Now

1185 S Gilbert St

Castle RockCO80104

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 1-32, Page 1 of 1

Elizabeth, CO Local Guide

Cheapest Available Elizabeth Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elizabeth, CO is a 1 Bed unit found at Reserve at Castle Highland in the Crystal Crossing neighborhood priced from $1,024. Pines at Castle Rock has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,306. Here is today’s list of the most affordable Elizabeth apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Reserve at Castle HighlandOne Bedroom1BR,1BA$1,024
Pines at Castle Rock1 Bedroom 1 Bathroom (iii)1BR,1BA$1,306
Enclave at Cherry CreekA (Ironhorse) / studioStudio,1BA$1,316
Ranchstone Apartment HomesA1 - Aspen1BR,1BA$1,324
Vistas at Plum CreekBurkley - 11BR,1BA$1,329
The View at Castle RockExecutive SuiteStudio,1BA$1,333
Briargate on MainResidence 11BR,1BA$1,367
Parker Flats at Old TownThe Archway1BR,1BA$1,395
Peak 83A11BR,1BA$1,400
The Bluffs at Castle Rock ApartmentsLookout Renovated1BR,1BA$1,400

Best Value Apartments for Rent in Elizabeth, CO and Nearby

As of March 08, 2026 the best value apartment in the Elizabeth area is the $1.64 price per square foot Elkhorn Model at Red Hawk Crossings in the in the Crystal Crossing neighborhood starting from $2,595. The second greatest value Elizabeth apartment is the 3 Bed 2.5 Bath E Model at The Townhomes at Pine Drive starting at $3,045 with a $1.96 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Red Hawk CrossingsElkhorn3BR,2.5BA$1.64
The Townhomes at Pine Drive3 Bed 2.5 Bath E3BR,2.5BA$1.96
South Range CrossingsThree Bedroom C1 (60%)3BR,2BA$1.66
Pine Ridge Crossings2A2BR,2BA$1.62
Black Feather Apartment Homes22BR,2BA$1.98
Peak 83A31BR,1BA$1.99
Reserve at Castle HighlandOne Bedroom1BR,1BA$1.37
The Bluffs at Castle Rock ApartmentsLookout Renovated1BR,1BA$1.90
Pines at Castle Rock1 Bedroom 1 Bathroom (iii)1BR,1BA$1.77
Stone Canyon ApartmentsSplendor1BR,1BA$2.02

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 #101

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 Enclave at Cherry Creek listed at $1,316.

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

The lowest price for a Cheap One Bedroom Elizabeth Apartment is $1,024 at Reserve at Castle Highland.

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 $1,406 at Pines 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 Reserve at Castle Highland and starts from $1,483.

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 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.

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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.