Cheap Apartments for Rent in Elizabeth, NJ from $850 (174 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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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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47 Watson Ave
Studio to 1 Bedroom Apartments

47 Watson Ave

47 Watson AveElizabeth, NJ 07202

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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653-663 N Broad St
Studio to 2 Bedroom Apartments

653-663 N Broad St

653-663 N Broad StElizabeth, NJ 07208
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1100-1127 Sheridan Ave
Studio to 2 Bedroom Apartments

1100-1127 Sheridan Ave

1100-1127 Sheridan AveElizabeth, NJ 07208
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Clinton House
1 to 2 Bedroom Apartments

Clinton House

1254-1262 Clinton PlElizabeth, NJ 07208
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Lidgerwood Manor
1 to 2 Bedroom Apartments

Lidgerwood Manor

514 Lidgerwood AveElizabeth, NJ 07202
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Continental Gardens
1 to 2 Bedroom Apartments

Continental Gardens

850 W Grand StElizabeth, NJ 07202
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112 Westfield Ave
Studio to 1 Bedroom Apartments

112 Westfield Ave

112-118 Westfield AveElizabeth, NJ 07208
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325 Cherry St
Studio to 2 Bedroom Apartments

325 Cherry St

325 Cherry StElizabeth, NJ 07208
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North Salem Terrace
Studio to 2 Bedroom Apartments

North Salem Terrace

644 Salem AveElizabeth, NJ 07208
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Pineda Apartments
1 to 3 Bedroom Apartments

Pineda Apartments

1464 Lexington PlElizabeth, NJ 07208
  • 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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1141 Hand Place
Studio to 2 Bedroom Apartments

1141 Hand Place

1141 Hand PlElizabeth, NJ 07201
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Salem Equity
Studio to 2 Bedroom Apartments

Salem Equity

610 Salem AveElizabeth, NJ 07208
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Bermudez Apartments
1 to 3 Bedroom Apartments

Bermudez Apartments

1465 Lexington PlElizabeth, NJ 07208
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775 N Broad St
Studio to 2 Bedroom Apartments

775 N Broad St

775 N Broad StElizabeth, NJ 07208
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Mace Realty
1 to 2 Bedroom Apartments

Mace Realty

554-560 Westminster AveElizabeth, NJ 07208
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Lidgerwood
1 to 2 Bedroom Apartments

Lidgerwood

433 Lidgerwood AveElizabeth, NJ 07202
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201 First Street
2 Bedroom Apartments

201 First Street

201 S 1st StElizabeth, NJ 07206
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Bayway
Studio to 2 Bedroom Apartments

Bayway

754 Bayway CirElizabeth, NJ 07202

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, NJ Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Elizabeth, NJ

Pricing Updated: 08/23/2026

Current apartment rentals in the Elizabeth, NJ area range in price from $800 to $4,500 with an overall median price of $2,380. The three Elizabeth neighborhoods with the lowest median rent pricing are Constable Hook at $2,173, Centreville at $2,200, and Bergen Point at $2,250. Here is today’s list of the top 9 neighborhoods with the lowest median pricing for Elizabeth Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Constable Hook$2,173$1,40019
Centreville$2,200$1,60018
Bergen Point$2,250$1,75014
Peterstown$2,250$1,40028
Pamrapo$2,400$1,60014
Elizabeth Port$2,449$1,40020
Keighry Head$2,450$80037
Union Square$2,499$1,15037
Downtown Elizabeth$2,629$1,15016

Cheapest Available Elizabeth Apartments for Rent

 

The cheapest available apartment rental in Elizabeth, NJ is a 1 Bed unit found at Heritage Village at Elizabeth, 62+ Community in the Elizabeth Port neighborhood priced from $1,229. Heritage Estates in the Lower Clinton Hill neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,250. Here is today’s list of the most affordable Elizabeth apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Heritage Village at Elizabeth, 62+ Community1 Bedroom1BR,1BA$1,229
Heritage EstatesStudioStudio,1BA$1,250
201 First Street2 Bedrooms 1 Bathroom2BR,1BA$1,522
Schaefer Gardens - 62+ Senior CommunitySG-11BR,1BA$1,525

Best Value Apartments for Rent in Elizabeth, NJ

As of August 24, 2026 the best value apartment in the Elizabeth area is the $0.51 price per square foot 326 Field Pl Model at 326 Field Pl, Unit #2L in the in the Livingston neighborhood starting from $2,200. The second greatest value Elizabeth apartment is the 1482 Hiawatha Ave Model at 1482 Hiawatha Ave, Unit 2ND FLOOR starting at $3,600 with a $2.14 price per square foot in the Livingston neighborhood. 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.
326 Field Pl, Unit #2L326 Field Pl3BR,1BA$0.51
1482 Hiawatha Ave, Unit 2ND FLOOR1482 Hiawatha Ave4BR,2BA$2.14
716 Seaport Dr, Unit 1716 Seaport Dr3BR,2BA$2.03
280 Morris Ave, Unit 2280 Morris Ave4BR,1BA$1.98
30 E 36th St, Unit #230 E 36th St3BR,1BA$2.08
117 Schley St, Unit # 2117 Schley St3BR,1BA$2.14
91 W 20th St, Unit 191 W 20th St3BR,1BA$2.10
489 Kennedy Blvd, Unit 4489 Kennedy Blvd2BR,1BA$2.13
516 E Jersey St, Unit 3516 E Jersey St2BR,1BA$2.00
Heritage Village at Elizabeth, 62+ Community1 Bedroom1BR,1BA$1.79

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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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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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.

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Elizabeth Overview

The fourth largest city in the dynamic state of New Jersey, Elizabeth is a fantastic place to consider for anyone in the market for a new place to call home. Consistently ranked as one of the nation's 'Top 50 Greenest Cities' by the likes of Popular Science, this thriving locale has much to offer prospective new residents.

Why live in Elizabeth, NJ?

Home to one of the busiest ports in the world as well as a number of industries, Elizabeth apartments make an ideal spot to raise a family or pursue a career. From the glass skyscraper-dominated area of Celadon to the working-class hub of the North End, Elizabeth offers a variety of diverse neighborhoods that are sure to please almost every lifestyle.

Elizabeth, NJ
Population: 128,885

Ranked #216

in US Census Population by City

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Pet Friendly Lifestyle

Ranked #

Among cities in New Jersey for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

Pet Friendly

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Best Local Schools in
Elizabeth, NJ

School data provided by Great Schools

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

Explore Elizabeth, NJ Rentals by Map

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See the most popular apartments and homes in Elizabeth, NJ

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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 Heritage Estates listed at $1,250.

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

The lowest price for a Cheap One Bedroom Elizabeth Apartment is $1,229 at Heritage Village at Elizabeth, 62+ Community.

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 $1,480 at Heritage Village at Elizabeth, 62+ Community.

What is the most affordable Elizabeth Three Bedroom Apartment?

The best deal on a cheap Elizabeth Three Bedroom Apartment rental is at 514 Kennedy and starts from $2,045.

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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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.

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.