Cheap Apartments for Rent in Elizabeth, LA from $500 (36 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.

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.

Read Article

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.

Read Article
property at 347 Watson Rd

$575 - $595

2 To 3 Bedroom Rentals

Available Now

347 Watson Rd

LeesvilleLA71446
close
View Me
Somerset Apartments
1 to 2 Bedroom Apartments

Somerset Apartments

400 Somerset DrDeridder, LA 70634
  • Utilities Included
close
View Me
Green Acres Plaza
2 to 3 Bedroom Apartments

Green Acres Plaza

402 Green Briar StDeridder, LA 70634
Corporate Housing
  • Utilities Included

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.

Read Article
close
View Me
Chandler
1 to 3 Bedroom Apartments

Chandler

211 Louie StLake Charles, LA 70601
close
View Me
Rapides Homes
3 to 4 Bedroom Apartments

Rapides Homes

1306 Autumn Orchard LoopAlexandria, LA 71303

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Read Article
Showing Results 1-36, Page 1 of 1

Elizabeth, LA Local Guide

Cheapest Available Elizabeth Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elizabeth, LA is a Studio unit found at Chaparral Apartments priced from $604. Tanglewood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Elizabeth apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Chaparral ApartmentsStudioStudio,1BA$604
Tanglewood Apartments1BR/1.0BA1BR,1BA$675
600 Avenue J1BR1BR,1BA$689
Magnolia HeightsOne Bedroom1BR,1BA$702
Chandlerchan11C1BR,1BA$745
Capstone at the Oaks - 55+ CommunityTwo Bed2BR,1BA$760
Green Ridge Apartments2 Bed 1 Bath2BR,1BA$765
Prosper NorthgateNG 2x12BR,1BA$775
Fort PolkDogwood Terrace Apartment2BR,1BA$875
Arbor Hill Senior Apartments2BR/2BA2BR,2BA$882

Best Value Apartments for Rent in Elizabeth, LA and Nearby

As of April 27, 2026 the best value apartment in the Elizabeth area is the $0.94 price per square foot Dogwood Terrace 4BR Model at Fort Polk in the starting from $1,475. The second greatest value Elizabeth apartment is the 2 Bedroom 2.5 Bath Model at Sycamore Point Apartment Homes starting at $975 with a $0.80 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.
Fort PolkDogwood Terrace 4BR4BR,2.5BA$0.94
Sycamore Point Apartment Homes2 Bedroom 2.5 Bath2BR,2.5BA$0.80
Beau Terre2x2 Up2BR,2BA$0.91
Muller's LoftsOffice/Storage SpaceStudio ,$0.89
Capstone at the Oaks - 55+ CommunityTwo Bed2BR,1BA$0.77
Cyrus Homes= Income Restricted2 Bed 2 Bath2BR,2BA$0.96
Arbor Hill Senior Apartments2BR/2BA2BR,2BA$0.93
Green Ridge Apartments2 Bed 1 Bath2BR,1BA$0.87
600 Avenue J1BR1BR,1BA$0.93
Prosper NorthgateNG 2x12BR,1BA$1.07

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

Read Article
Decorative image

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 Article
Decorative image

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.

Read Article
Decorative image

Cash 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 Article
Decorative image

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, LA Rentals by Map

Decorative image of map

See the most popular apartments and homes in Elizabeth, LA

View Map
Elizabeth, LA Apartments Map
View Map
Elizabeth, LA Rental Homes Map

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 $655 at Chaparral 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 $735 at Chaparral Apartments.

What is the most affordable Elizabeth Three Bedroom Apartment?

The best deal on a cheap Elizabeth Three Bedroom Apartment rental is at Cyrus Homes= Income Restricted and starts from $900.

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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.