1384 Flintwood Rd
FranktownCO80116
Cheap Homes for Rent in Elizabeth, CO from $1,600 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Elizabeth.
12931 Ironstone Way
ParkerCO80134
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.
18611 Stroh Rd
ParkerCO80134
424 Lake Gulch Rd
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.
5271 Canyon View Dr
Castle RockCO80104
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Elizabeth, CO Local Guide
Slide in a flowery mountainscape by Aaron Hawkins is licensed under CC BY 2.0
How much does it cost to rent a home in Elizabeth?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elizabeth 2 Bedroom Homes for Rent | $2,122 | $1,950 | $2,295 |
| Elizabeth 3 Bedroom Homes for Rent | $3,257 | $2,500 | $3,995 |
| Elizabeth 4 Bedroom Homes for Rent | $3,150 | $2,400 | $4,200 |
| Elizabeth 5 Bedroom Homes for Rent | $3,905 | $3,600 | $4,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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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 Unity on Park in the Crystal Crossing neighborhood priced from $754. Oakwood Senior Apartments in the Crystal Crossing neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $990. Here is today’s list of the most affordable Elizabeth apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Unity on Park | Studio, 1 bath | Studio,1BA | $754 |
| Oakwood Senior Apartments | Oakwood 2 | 1BR,1BA | $990 |
| Vistas at Plum Creek | Windsor - 2 | 1BR,1BA | $1,365 |
Best Value Apartments for Rent in Elizabeth, CO and Nearby
As of July 06, 2026 the best value apartment in the Elizabeth area is the $1.82 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 $2,820. The second greatest value Elizabeth apartment is the Prairie - Renovated Model at Red Hawk Crossings starting at $3,045 with a $2.04 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Townhomes at Pine Drive | 3 Bed 2.5 Bath E | 3BR,2.5BA | $1.82 |
| Red Hawk Crossings | Prairie - Renovated | 3BR,2.5BA | $2.04 |
| The Links at Plum Creek | C1R | 3BR,2BA | $2.01 |
| Peak 83 | B1 | 2BR,2BA | $2.07 |
| Pine Ridge Crossings | 2B | 2BR,2BA | $1.94 |
| Black Feather Apartment Homes | 2 | 2BR,2BA | $1.88 |
| Parker Hilltop | Hillside | 1BR,1BA | $1.88 |
| Reserve at Castle Highland | One Bedroom | 1BR,1BA | $2.01 |
| Echo Ridge Apartments | A1 | 1BR,1BA | $2.07 |
| Oakwood Senior Apartments | Oakwood 1 | 1BR,1BA | $1.52 |
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
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.
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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 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!
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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 47 Apartments for Rent in Elizabeth, CO with pricing that ranges from $754 to $3,982. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elizabeth ranging from $1,600 to $4,500.
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 $1,600 to $4,500 with an average monthly rent of $2,806.
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 $2,065 to $3,982, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,500 to $3,995. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $3,809.
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
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
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.