Cheap Apartments for Rent near Elizabeth, LA from $317 (61 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Fort Polk
Rent Specials
$800 - $1,225

Total Monthly Price

Base Rent$800 - $1,225
Total Monthly Price$800 - $1,225
2 to 4 Bedroom Apartments Available Now

Fort Polk

5300 Magnolia DrFort Polk, LA 71459
Furnished
  • Verified
  • Customer Reviewed
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Green Acres Plaza
2 to 3 Bedroom Apartments

Green Acres Plaza

402 Green Briar StDeridder, LA 70634
Corporate Housing
  • Utilities Included
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Somerset Apartments
1 to 2 Bedroom Apartments

Somerset Apartments

400 Somerset DrDeridder, LA 70634
  • Utilities Included

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.

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Rapides Homes
3 to 4 Bedroom Apartments

Rapides Homes

1306 Autumn Orchard LoopAlexandria, LA 71303

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.

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Elizabeth, LA Local Guide

Cheapest Available Elizabeth Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elizabeth, LA is a 1 Bed unit found at Siegel Select Alexandria priced from $272. Cyrus Homes= Income Restricted has the second lowest priced unit, which is a 2 Beds apartment currently listed from $274. Here is today’s list of the most affordable Elizabeth apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Siegel Select AlexandriaStudio - WEEKLY1BR,1BA$272
Cyrus Homes= Income Restricted2 Bed 2 Bath2BR,2BA$274
Chaparral ApartmentsStudioStudio,1BA$604
Tanglewood Apartments1BR/1.0BA1BR,1BA$675
Magnolia HeightsOne Bedroom1BR,1BA$702
Hermitage Apartments1BR/1.0BA1BR,1BA$725
Green Ridge Apartments2 Bed 1 Bath2BR,1BA$765
Fort Polk2 Bedroom Upstairs2BR,1BA$800
Vineyards at Iowa1 BR Unit1BR,1BA$800
Chandlerchan21C2BR,1BA$850

Best Value Apartments for Rent in Elizabeth, LA and Nearby

As of September 12, 2026 the best value apartment in the Elizabeth area is the $0.75 price per square foot 3BR/2.0BA Model at Walden Apartment Homes in the starting from $950. The second greatest value Elizabeth apartment is the 3 Bedroom 60% Model at Parkway Commons starting at $1,166 with a $0.97 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.
Walden Apartment Homes3BR/2.0BA3BR,2BA$0.75
Parkway Commons3 Bedroom 60%3BR,2BA$0.97
Muller's LoftsOffice/Storage SpaceStudio ,$0.89
Cyrus Homes= Income Restricted3 Bed 2 Bath3BR,2BA$0.91
Peaks of Opelousas - Senior Housing CommunityTwo Bedroom2BR,1BA$0.79
Chandlerchan21C2BR,1BA$0.90
Capstone at the Oaks - 55+ CommunityTwo Bed2BR,1BA$1.01
Green Ridge Apartments2 Bed 1 Bath2BR,1BA$0.87
Vineyards at Iowa1 BR Unit1BR,1BA$1.03
Hermitage Apartments1BR/1.0BA1BR,1BA$0.98

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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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

Explore Elizabeth, LA Rentals by Map

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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 Chaparral Apartments listed at $604.

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

The lowest price for a Cheap One Bedroom Elizabeth Apartment is $272 at Siegel Select Alexandria.

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 $274 at Cyrus Homes= Income Restricted.

What is the most affordable Elizabeth Three Bedroom Apartment?

The best deal on a cheap Elizabeth Three Bedroom Apartment rental is at Walden Apartment Homes and starts from $950.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.