Cheap Apartments for Rent in Elizabeth, LA from $500 (37 Rentals)

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

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Somerset Apartments
1 to 2 Bedroom Apartments

Somerset Apartments

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

Green Acres Plaza

402 Green Briar StDeridder, LA 70634
Corporate Housing
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Chandler
1 to 3 Bedroom Apartments

Chandler

211 Louie StLake Charles, LA 70601
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Riverbend
3 to 4 Bedroom Apartments

Riverbend

300 Riverbend DrAlexandria, LA 71302
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Rapides Homes
3 to 4 Bedroom Apartments

Rapides Homes

1306 Autumn Orchard LoopAlexandria, LA 71303
Showing Results 1-37, 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 1 Bed unit found at Capstone at the Oaks priced from $640. Walden Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Elizabeth apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Capstone at the OaksOne Bed1BR,1BA$640
Walden Apartment Homes1BR/1.0BA1BR,1BA$650
Magnolia HeightsOne Bedroom1BR,1BA$656
Prosper NorthgateNG 1x1.51BR,1BA$675
600 Avenue J1BR1BR,2BA$689
Chandlerchan11C1BR,1BA$745
Tanglewood Apartments2BR/1.5BA2BR,1BA$750
26 Hundred ResidencesStudioStudio,1BA$750
Green Ridge Apartments2 Bed 1 Bath2BR,1BA$765
Pine Highland Apartments2BR/1.0BA2BR,1BA$775

Best Value Apartments for Rent in Elizabeth, LA and Nearby

As of November 08, 2025 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 2x2 Down Model at Beau Terre starting at $1,160 with a $1.01 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
Beau Terre2x2 Down2BR,2BA$1.01
Cyrus Homes= Income Restricted3 Bed 2 Bath3BR,2BA$0.82
Pecan GroveThe Magnolia2BR,2BA$0.90
Pine Highland Apartments2BR/1.0BA2BR,1BA$0.85
Green Ridge Apartments2 Bed 1 Bath2BR,1BA$0.87
Tanglewood Apartments2BR/1.5BA2BR,1.5BA$0.89
600 Avenue J1BR1BR,2BA$0.84
Capstone at the OaksOne Bed1BR,1BA$0.80
Chandlerchan11C1BR,1BA$1.01

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Getting Around Elizabeth, LA

Walk Score®

7 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

26 / 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

What is the Cheapest Studio apartment in Elizabeth?

Currently the most affordable Cheap Studio Apartment in Elizabeth is at Chaparral Apartments listed at $639.

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

The lowest price for a Cheap One Bedroom Elizabeth Apartment is $640 at Capstone at the Oaks.

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 $750 at Tanglewood Apartments.

What is the most affordable Elizabeth Three Bedroom Apartment?

The best deal on a cheap Elizabeth Three Bedroom Apartment rental is at Prosper Northgate and starts from $895.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.