
Cheap Apartments for Rent in Elizabeth, CO from $1,300 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in Elizabeth.


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Pine Ridge Crossings

Vistas at Plum Creek

The View at Castle Rock

Echo Ridge Apartments

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Pines at Castle Rock

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Springs At Eagle Bend

Parker Flats at Old Town
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.

The Depot at Twenty Mile

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Stone Canyon Apartments

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Ranchstone Apartment Homes

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Enclave at Cherry Creek

Reserve at Castle Highland

Trailside Apartments

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Briargate on Main

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Talus Flats
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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Waterford on Mainstreet

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The Links at Plum Creek

Parker Hilltop

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Bell Stonegate

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Venue at the Promenade

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Bluffs at Castle Rock

Riverwalk

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Alana
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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Madison at Canyons, The

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Watermark on Twenty Mile

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Peak 83

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Juniper on Main

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Auburn Brook

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The Prospector Apartments

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Ara Townhomes & Flats

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South Range Crossings
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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Pine and Parker

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Avalon Castle Rock

Auburn Ridge

615 Co Rd 45

415 Lewis St

1384 Flintwood Rd

Black Feather Apartment Homes

307 Jerry St
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.

2134 Oakcrest Cir

12931 Ironstone Way

12762 Ironstone Way
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 | $1,685 | $1,383 | $1,947 |
| Elizabeth 1 Bedroom Apartments | $1,785 | $1,355 | $2,597 |
| Elizabeth 2 Bedroom Apartments | $2,224 | $1,685 | $3,477 |
| Elizabeth 3 Bedroom Apartments | $2,878 | $2,052 | $3,947 |
| Elizabeth 4 Bedroom Apartments | $3,762 | $3,738 | $3,797 |
Browse Top Apartments in Elizabeth
See all Apartments in ElizabethExplore Elizabeth
Elizabeth, CO Local Guide
- Elizabeth Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Elizabeth Apartments for Rent and Nearby
 The cheapest available apartment rental in Elizabeth, CO is a 1 Bed unit found at Vistas at Plum Creek in the Crystal Crossing neighborhood priced from $1,355. The View at Castle Rock in the Crystal Crossing neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,383. Here is today’s list of the most affordable Elizabeth apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Vistas at Plum Creek | Windsor - 2 | 1BR,1BA | $1,355 |
| The View at Castle Rock | Executive Suite | Studio,1BA | $1,383 |
| Echo Ridge Apartments | A1 | 1BR,1BA | $1,405 |
| Pines at Castle Rock | 1 Bedroom 1 Bathroom (ii) | 1BR,1BA | $1,406 |
| Springs At Eagle Bend | Studio Grand Overlook | Studio,1BA | $1,407 |
| Parker Flats at Old Town | The Belvedere | 1BR,1BA | $1,438 |
| The Depot at Twenty Mile | The Polly | 1BR,1BA | $1,444 |
| Stone Canyon Apartments | Splendor | 1BR,1BA | $1,450 |
| Ranchstone Apartment Homes | A1 - Aspen | 1BR,1BA | $1,479 |
| Enclave at Cherry Creek | A1 (Cottonwood) | 1BR,1BA | $1,492 |
Best Value Apartments for Rent in Elizabeth, CO and Nearby
As of June 08, 2026 the best value apartment in the Elizabeth area is the $1.85 price per square foot Ford Model at Canvas at Castle Rock in the in the Crystal Crossing neighborhood starting from $3,294. The second greatest value Elizabeth apartment is the 3 Bed 2.5 Bath E Model at The Townhomes at Pine Drive starting at $2,865 with a $1.85 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. |
|---|---|---|---|
| Canvas at Castle Rock | Ford | 3BR,2.5BA | $1.85 |
| The Townhomes at Pine Drive | 3 Bed 2.5 Bath E | 3BR,2.5BA | $1.85 |
| Red Hawk Crossings | Prairie - Renovated | 3BR,2.5BA | $2.04 |
| Auburn Brook | 3 BED, 2 BATH (D) - 1259 SF | 3BR,2BA | $1.92 |
| South Range Crossings | Three Bedroom C1 (60% - Wheelchair Accessible) | 3BR,2BA | $1.75 |
| Pine Ridge Crossings | 2A | 2BR,2BA | $1.87 |
| Parker Hilltop | Hillside | 1BR,1BA | $1.97 |
| Reserve at Castle Highland | One Bedroom | 1BR,1BA | $2.01 |
| Stone Canyon Apartments | Splendor | 1BR,1BA | $2.05 |
| Vistas at Plum Creek | Windsor - 2 | 1BR,1BA | $2.08 |
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 The View at Castle Rock listed at $1,383.
How much is rent for a Cheap One Bedroom Elizabeth Apartment?
The lowest price for a Cheap One Bedroom Elizabeth Apartment is $1,355 at Vistas at Plum Creek.
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 $1,738 at Echo Ridge Apartments.
What is the most affordable Elizabeth Three Bedroom Apartment?
The best deal on a cheap Elizabeth Three Bedroom Apartment rental is at Pines at Castle Rock and starts from $2,052.
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

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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.