
Cheap Homes for Rent in Elizabeth, IN from $800 (4 Rentals)
Search the lowest-cost Homes available for rent right now in Elizabeth.


4119 Glen Hill Manor 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.

13100 Meadowlawn Dr

7521 Blue Wing Dr
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, IN 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 | $1,284 | $949 | $1,705 |
| Elizabeth 3 Bedroom Homes for Rent | $1,640 | $1,250 | $1,945 |
| Elizabeth 4 Bedroom Homes for Rent | $1,820 | $1,400 | $2,260 |
| Elizabeth 5 Bedroom Homes for Rent | $1,855 | $1,855 | $1,855 |
Browse Top Homes for Rent in Elizabeth
Explore Elizabeth
Elizabeth, IN Local Guide
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Best Value Apartments for Rent in Elizabeth, IN and Nearby
As of January 07, 2026 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 3 Bedroom Model at Chapman Crossing starting at $477 with a $0.38 price per square foot . 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 |
| Chapman Crossing | 3 Bedroom | 3BR,1.5BA | $0.38 |
| Cane Run Station | Two Bed Two Bath | 2BR,2BA | $1.08 |
| The Landing | 2 Beds, 2 baths | 2BR,2BA | $1.05 |
| Finish Line Apartments | The Paddock | 2BR,2BA | $0.87 |
| By the Park | Two bedroom | 2BR,1BA | $0.93 |
| Pennacook Pointe | 2 Bedroom | 2BR,1BA | $1.03 |
| Riverport Landings Senior | 2B1B | 2BR,1BA | $1.02 |
| Newberry Parc | One Bedroom | 1BR,1BA | $0.96 |
| Broadleaf Arms | One Bedroom One Bathroom | 1BR,1BA | $0.95 |
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 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 ArticleThe Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters
Learn About the Best Neighborhoods to Rent Near College Campuses in Louisville, KY | Find Louisville Off-Campus Student Housing at ApartmentHomeLiving.com
Read ArticleQuick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Elizabeth, IN Rentals by Map
See the most popular apartments and homes in Elizabeth, IN
Frequently Asked Questions about Elizabeth
What type of rentals are currently available in Elizabeth?
There are currently 49 Apartments for Rent in Elizabeth, IN with pricing that ranges from $699 to $3,907. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elizabeth ranging from $850 to $2,260.
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 $850 to $2,260 with an average monthly rent of $1,489.
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

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.

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

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.