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

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.

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.

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.

Elizabeth, CO Local Guide

Cheapest Neighborhoods for Apartments in Elizabeth, CO

Pricing Updated: 11/06/2025

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$3,995$3,9951

Cheapest Available Elizabeth Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elizabeth, CO is a 1 Bed unit found at Pines at Castle Rock priced from $1,299. Ranchstone Apartment Homes in the Canterberry Crossing neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,346. Here is today’s list of the most affordable Elizabeth apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Pines at Castle Rock1 Bedroom 1 Bathroom (iii)1BR,1BA$1,299
Ranchstone Apartment HomesA1 - Aspen1BR,1BA$1,346
Parker HilltopHillside1BR,1BA$1,389
Vistas at Plum CreekWindsor - 21BR,1BA$1,395
The Depot at Twenty MileThe Polly1BR,1BA$1,402
South Range CrossingsOne Bedroom A1 (60%)1BR,1BA$1,462
Enclave at Cherry CreekA1 (Cottonwood)1BR,1BA$1,486
Briargate on MainResidence 21BR,1BA$1,487
Springs At Eagle BendStudio Grand OverlookStudio,1BA$1,498
Echo Ridge ApartmentsA11BR,1BA$1,499

Best Value Apartments for Rent in Elizabeth, CO and Nearby

As of November 06, 2025 the best value apartment in the Elizabeth area is the $2.04 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 $3,165. The second greatest value Elizabeth apartment is the 3 Model at Black Feather Apartment Homes starting at $2,445 with a $1.74 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.
The Townhomes at Pine Drive3 Bed 2.5 Bath E3BR,2.5BA$2.04
Black Feather Apartment Homes33BR,2.5BA$1.74
Pine Ridge Crossings2B2BR,2BA$1.85
Bell ParkerA1D1BR,1BA$1.92
Parker HilltopHillside1BR,1BA$1.73
Stone Canyon ApartmentsInventive1BR,1BA$1.96
Pines at Castle Rock1 Bedroom 1 Bathroom (iii)1BR,1BA$1.76
The Bluffs at Castle Rock ApartmentsLookout Renovated1BR,1BA$2.07
South Range CrossingsOne Bedroom A1 (60%)1BR,1BA$2.01
Ranchstone Apartment HomesA1 - Aspen1BR,1BA$1.90

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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 #45

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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Getting Around Elizabeth, CO

Walk Score®

28 / 100

Car-Dependent

Most errands require a car

Bike Score®

26 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 $1,498.

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

The lowest price for a Cheap One Bedroom Elizabeth Apartment is $1,299 at Pines at Castle Rock.

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 $1,399 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 Pines at Castle Rock and starts from $1,799.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.