
Cheap Homes for Rent in Elizabeth, IN from $600 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Elizabeth.


10404 Greentree Ln

1603 Gagel Ave
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.

4913 Saddlebrook Ln

7803 St Andrews Church Rd

4702 Haney Way
The 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.
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 | $1,003 | $1,003 | $1,003 |
Elizabeth 3 Bedroom Homes for Rent | $1,655 | $1,100 | $2,200 |
Elizabeth 4 Bedroom Homes for Rent | $1,693 | $1,450 | $1,980 |
Browse Top Homes for Rent in Elizabeth
Explore Elizabeth
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. Southwood in the South Louisville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. 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 |
Southwood | 1 Bed, 1 bath | 1BR,1BA | $799 |
Broadleaf Arms | One Bedroom One Bathroom | 1BR,1BA | $814 |
Best Value Apartments for Rent in Elizabeth, IN and Nearby
As of August 03, 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 3 Bedroom Model at Chapman Crossing starting at $980 with a $0.79 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 | $0.79 |
Hunters Run | 2 Bedroom, 2 Bathroom | 2BR,2BA | $0.90 |
The Landing | 2 Beds, 2 baths | 2BR,2BA | $1.05 |
Newberry Parc | Two Bedroom | 2BR,2BA | $1.05 |
By the Park | Two bedroom | 2BR,1BA | $0.93 |
Miller Manor Apartments | 2 Bed | 2BR,1BA | $1.11 |
3104-3112 Springfield Dr | 2 Bedroom | 2BR,1BA | $1.11 |
Broadleaf Arms | One Bedroom One Bathroom | 1BR,1BA | $1.02 |
The San Jose Court Apartment Community | One-bedroom | 1BR,1BA | $1.09 |
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Frequently Asked Questions about Elizabeth
What type of rentals are currently available in Elizabeth?
There are currently 47 Apartments for Rent in Elizabeth, IN with pricing that ranges from $745 to $2,550. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elizabeth ranging from $625 to $2,200.
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 $625 to $2,200 with an average monthly rent of $1,155.
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 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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.