Cheap Homes for Rent in Elizabeth, CO from $1,300 (8 Rentals)

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

property at 615 Co Rd 45

$1,350

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

2 Bedroom, 1.5 Bath Home for Rent

Available Now

615 Co Rd 45

KiowaCO80117
property at 12886 Ironstone Way

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

1 Bedroom, 1 Bath Townhome for Rent

Available Now

12886 Ironstone Way

ParkerCO80134
property at 12820 Ironstone Way

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

1 Bedroom, 1 Bath Condo for Rent

Available Now

12820 Ironstone Way

ParkerCO80134
property at 1384 Flintwood Rd

$1,700 - $2,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

Studio Rentals

Available Now

1384 Flintwood Rd

FranktownCO80116

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.

property at 307 Jerry St

$1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995

2 Bedroom, 1 Bath Home for Rent

Available Now

307 Jerry St

Castle RockCO80104
property at 12762 Ironstone Way

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

2 Bedroom, 1 Bath Townhome for Rent

Available Now

12762 Ironstone Way

ParkerCO80134
property at 2040 Oakcrest Cir

$2,298

Total Monthly Price

Total Monthly Price

Base Rent
$2,250
Required Monthly Fees
$48

Total Monthly Price
$2,298

2 Bedroom, 1.5 Bath Rentals

Available Now

2040 Oakcrest Cir

Castle RockCO80104
property at 2040 Oakcrest Cir

$2,298

Total Monthly Price

Total Monthly Price

Base Rent
$2,250
Required Monthly Fees
$48

Total Monthly Price
$2,298

2 Bedroom, 1.5 Bath Rentals

Available Now

2040 Oakcrest Cir

Castle RockCO80104

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.

property at 677 Canyon Dr

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,400

Total Monthly Price
$2,400

2 Bedroom, 2 Bath Condo for Rent

Available Jun 1

677 Canyon Dr

Castle RockCO80104

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 Echo Ridge Apartments in the Fuller Bluff in The Meadows neighborhood priced from $1,300. Parker Hilltop in the Newlin Meadows neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,351. Here is today’s list of the most affordable Elizabeth apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Echo Ridge ApartmentsA11BR,1BA$1,300
Parker HilltopHillside1BR,1BA$1,351
Vistas at Plum CreekWindsor - 21BR,1BA$1,355

Best Value Apartments for Rent in Elizabeth, CO and Nearby

As of May 17, 2026 the best value apartment in the Elizabeth area is the $1.98 price per square foot 3 Bed 2.5 Bath O Model at The Townhomes at Pine Drive in the in the Newlin Meadows neighborhood starting from $2,945. The second greatest value Elizabeth apartment is the Prairie Model at Red Hawk Crossings starting at $2,470 with a $1.66 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 O3BR,2.5BA$1.98
Red Hawk CrossingsPrairie3BR,2.5BA$1.66
Echo Ridge ApartmentsC13BR,2BA$2.07
Parker HilltopSummit2BR,2BA$1.74
Pine and ParkerDesign 2A2BR,2BA$2.02
Talus FlatsThe Valley2BR,2BA$1.92
South Range CrossingsTwo Bedroom D1 (60%)2BR,2BA$1.68
Reserve at Castle HighlandOne Bedroom1BR,1BA$2.01
Trailside ApartmentsA11BR,1BA$2.05
Stone Canyon ApartmentsSplendor1BR,1BA$2.05

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 Article
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Real 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 Article
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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 #104

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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Frequently Asked Questions about Elizabeth

What type of rentals are currently available in Elizabeth?

There are currently 43 Apartments for Rent in Elizabeth, CO with pricing that ranges from $1,351 to $3,950. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elizabeth ranging from $1,350 to $12,000.

What is the current price range for Rental Homes in Elizabeth?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Elizabeth ranges from $1,350 to $12,000 with an average monthly rent of $2,836.

How much are larger Three and Four Bedroom Rentals in Elizabeth?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Elizabeth range from $2,062 to $3,950, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,599 to $3,995. Four Bedroom Single-Family rentals are also available starting from $2,995 and Four Bedroom Apartments start at $3,379.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.