
Cheap Homes for Rent in Elizabeth, CO from $1,200 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Elizabeth.


615 Co Rd 45

532 Oakwood Dr
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.

1185 S Gilbert St

811 S Chestnut St

12886 Ironstone Way
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.
Elizabeth, CO Local Guide

How much does it cost to rent a home in Elizabeth?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elizabeth 2 Bedroom Homes for Rent | $2,086 | $1,300 | $3,106 |
| Elizabeth 3 Bedroom Homes for Rent | $2,975 | $1,795 | $3,600 |
| Elizabeth 4 Bedroom Homes for Rent | $3,493 | $2,955 | $4,000 |
| Elizabeth 5 Bedroom Homes for Rent | $3,936 | $3,795 | $4,078 |
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Elizabeth, CO Local Guide
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Cheapest Available Elizabeth Apartments for Rent and Nearby
 The cheapest available apartment rental in Elizabeth, CO is a Studio unit found at Enclave at Cherry Creek in the Newlin Meadows neighborhood priced from $1,271. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Enclave at Cherry Creek | A (Ironhorse) / studio | Studio,1BA | $1,271 |
| Pines at Castle Rock | 1 Bedroom 1 Bathroom (iii) | 1BR,1BA | $1,306 |
| The View at Castle Rock | Executive Suite | Studio,1BA | $1,333 |
Best Value Apartments for Rent in Elizabeth, CO and Nearby
As of March 19, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Red Hawk Crossings | Elkhorn | 3BR,2.5BA | $1.64 |
| The Townhomes at Pine Drive | 3 Bed 2.5 Bath E | 3BR,2.5BA | $1.96 |
| Reserve at Castle Highland | Three Bedroom | 3BR,2BA | $1.16 |
| South Range Crossings | Three Bedroom C1 (60% - Wheelchair Accessible) | 3BR,2BA | $1.66 |
| Talus Flats | The Valley | 2BR,2BA | $1.98 |
| Black Feather Apartment Homes | 2 | 2BR,2BA | $1.98 |
| Parker Hilltop | Hillside | 1BR,1BA | $1.72 |
| The Prospector Modern | Jade | 1BR,1BA | $1.96 |
| Pines at Castle Rock | 1 Bedroom 1 Bathroom (iii) | 1BR,1BA | $1.77 |
| The Bluffs at Castle Rock Apartments | Lookout Renovated | 1BR,1BA | $1.96 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 #105
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 Elizabeth
What type of rentals are currently available in Elizabeth?
There are currently 42 Apartments for Rent in Elizabeth, CO with pricing that ranges from $1,024 to $3,972. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elizabeth ranging from $1,200 to $4,078.
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 $1,200 to $4,078 with an average monthly rent of $2,715.
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

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.

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.

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.