
Cheap Apartments for Rent in Elizabeth, IN from $500 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in Elizabeth.


Lower Hunters Trace

Iroquois Green

Broadleaf Arms

Southwood

Riverport Landing Family Apartments

Bayshore Townhomes

Miller Manor Apartments

The San Jose Court Apartment Community

The Rockford Arms Apartment Community

Newberry Parc

Renaissance St. Andrews

The Madison

St Anthony Gardens

3104-3112 Springfield Dr

The Woods of Glen Hill Manor

Manslick Studios

The Foundry

The Edwin

The Flintlock Arms Apartment Community

5312 Milner Rd

10404 Greentree Ln

4807 Saddlebrook Ln

4815 Saddlebrook Ln

4913 Saddlebrook Ln

1603 Gagel Ave

4903 Saddlebrook Ln
Elizabeth, IN Local Guide

How much does it cost to rent an apartment in Elizabeth?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Elizabeth Studio Apartments | $976 | $976 | $976 |
Elizabeth 1 Bedroom Apartments | $994 | $750 | $1,820 |
Elizabeth 2 Bedroom Apartments | $1,220 | $859 | $1,790 |
Elizabeth 3 Bedroom Apartments | $1,589 | $1,049 | $2,606 |
Browse Top Apartments in Elizabeth
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Elizabeth, IN Local Guide
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Cheapest Available Elizabeth Apartments for Rent and Nearby
 The cheapest available apartment rental in Elizabeth, IN is a 3 Beds unit found at Lower Hunters Trace in the South Louisville neighborhood priced from $752. Broadleaf Arms in the Cloverleaf neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $759. Here is today’s list of the most affordable Elizabeth apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Lower Hunters Trace | 3x2 | 3BR,2BA | $752 |
Broadleaf Arms | One Bedroom One Bathroom | 1BR,1BA | $759 |
Southwood | 1 Bed, 1 bath | 1BR,1BA | $779 |
Bayshore Townhomes | The Luna - Cozy One Bedroom Townhome | 1BR,1BA | $825 |
Kendall Arms | 1BR/1.0BA | 1BR,1BA | $850 |
Miller Manor Apartments | 1 Bed | 1BR,1BA | $850 |
Hillview Manor | One Bedroom - smaller | 1BR,1BA | $850 |
The Rockford Arms Apartment Community | One-bedroom | 1BR,1BA | $875 |
The San Jose Court Apartment Community | One-bedroom | 1BR,1BA | $875 |
The Madison | One Bedroom | 1BR,1BA | $900 |
Best Value Apartments for Rent in Elizabeth, IN and Nearby
As of September 10, 2025 the best value apartment in the Elizabeth area is the $1.08 price per square foot 2 Bedroom Townhouse Model at 6121 Upper Hunters Trce in the in the South Louisville neighborhood starting from $1,350. The second greatest value Elizabeth apartment is the C1-60BD Model at Riverport Landing Family Apartments starting at $1,390 with a $1.17 price per square foot in the Riverside Gardens 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. |
---|---|---|---|
6121 Upper Hunters Trce | 2 Bedroom Townhouse | 2BR,1.5BA | $1.08 |
Riverport Landing Family Apartments | C1-60BD | 3BR,2BA | $1.17 |
The Landing | 2 Beds, 2 baths | 2BR,2BA | $1.05 |
Cane Run Station | Two Bed One Bath | 2BR,1BA | $1.16 |
By the Park | Two bedroom | 2BR,1BA | $0.93 |
Newberry Parc | Two Bedroom | 2BR,2BA | $1.05 |
Miller Manor Apartments | 2 Bed | 2BR,1BA | $1.11 |
3104-3112 Springfield Dr | 2 Bedroom | 2BR,1BA | $1.06 |
Broadleaf Arms | One Bedroom One Bathroom | 1BR,1BA | $0.95 |
The San Jose Court Apartment Community | One-bedroom | 1BR,1BA | $1.09 |
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Getting Around Elizabeth, IN
Walk Score®
3 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
10 / 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
How much is rent for a Cheap One Bedroom Elizabeth Apartment?
The lowest price for a Cheap One Bedroom Elizabeth Apartment is $759 at Broadleaf Arms.
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 $859 at Broadleaf Arms.
What is the most affordable Elizabeth Three Bedroom Apartment?
The best deal on a cheap Elizabeth Three Bedroom Apartment rental is at Lower Hunters Trace and starts from $752.
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.

The 10 Best Affordable Neighborhoods for Renting in Louisville, KY
Written by: Mike Heuer
Louisville, Kentucky, founded in 1778, has grown to be the largest city in Kentucky and is a terrific city situated right along the south bank of the Ohio River.

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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.