Cheap Apartments for Rent in Elizabeth, IL from $300 (18 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Tallgrass Townhomes
1 to 3 Bedroom Apartments

Tallgrass Townhomes

1311 7th StDe Witt, IA 52742
  • Utilities Included
property at 243 W 11th St

243 W 11th St

DubuqueIA52001
Showing Results 1-18, Page 1 of 1

Elizabeth, IL Local Guide

Cheapest Available Elizabeth Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elizabeth, IL is a Studio unit found at Riverside Apartments and Townhomes priced from $525. Oak Creek Woods Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $530. Here is today’s list of the most affordable Elizabeth apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Riverside Apartments and TownhomesStudioStudio,1BA$525
Oak Creek Woods ApartmentsStudio, 1 bathStudio,1BA$530
Ruxton Apartments3B3BR,2BA$600
Northland Park ApartmentsStudioStudio,1BA$625
College Suites Peosta3 Bedroom Apartment NOW Available - Price Per B...3BR,2BA$625

Best Value Apartments for Rent in Elizabeth, IL and Nearby

As of November 14, 2025 the best value apartment in the Elizabeth area is the $0.74 price per square foot 3 Bed 2 Bath Model at Super 20 Mobile Home Park in the starting from $945. The second greatest value Elizabeth apartment is the 3 Bedroom/2 Bath Model at Penn Place Apartments starting at $1,150 with a $0.93 price per square foot . 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.
Super 20 Mobile Home Park3 Bed 2 Bath3BR,2BA$0.74
Penn Place Apartments3 Bedroom/2 Bath3BR,2BA$0.93
Ruxton ApartmentsT-H3BR,2BA$1.14
Cottage Bluff Apartments2-Bedroom2BR,1BA$1.02
73 Manor Dr2 Bedroom2BR,1BA$0.92
Winmar Townhomes1215-a2BR,1BA$0.79
Greenfield96-a2BR,1BA$0.72
Eagle Point Townhomes2 BR Townhome2BR,1BA$1.07
Kiwanis Manor Apartments2BR 1BA - 30022BR,1BA$1.06
Pine View1 Bedroom 1 Bath Efficiency1BR,1BA$1.12

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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Elizabeth, IL Rentals by Map

Decorative image of map

See the most popular apartments and homes in Elizabeth, IL

View Map
Elizabeth, IL Apartments Map
View Map
Elizabeth, IL Rental Homes Map

Getting Around Elizabeth, IL

Walk Score®

22 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

15 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 Riverside Apartments and Townhomes listed at $525.

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

The lowest price for a Cheap One Bedroom Elizabeth Apartment is $604 at Ruxton Apartments.

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 $650 at Greenfield.

What is the most affordable Elizabeth Three Bedroom Apartment?

The best deal on a cheap Elizabeth Three Bedroom Apartment rental is at Ruxton Apartments and starts from $600.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.