Cheap Apartments for Rent in Elizabeth, NJ from $700 (127 Rentals)
Search the lowest-cost Apartments available for rent right now in Elizabeth.

Portside II

620 1st Ave

Heritage Village at Elizabeth, 62+ Community

945 Spofford Ave, Unit liz

Monroe Garden
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.

Westminster Towers Apartments

Sheridan Gardens

Linden Arms, LLC

Bermudez Apartments

Cambridge Manor

758 Jersey Ave

208 5th St

Edgar Gardens

1116 Anna St
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.

960-962 Grove St

Westminster Arms
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.

Modern Kit/Bath, Heat/HW included, Professional Managers
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.

First Property Mngmt-South Elmora Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Elizabeth, NJ Local Guide

How much does it cost to rent an apartment in Elizabeth?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Elizabeth Studio Apartments | $1,822 | $1,100 | $2,549 |
| Cheap Elizabeth 1 Bedroom Apartments | $2,207 | $750 | $3,324 |
| Cheap Elizabeth 2 Bedroom Apartments | $2,691 | $1,209 | $5,433 |
| Cheap Elizabeth 3 Bedroom Apartments | $2,606 | $1,397 | $6,548 |
| Cheap Elizabeth 4 Bedroom Apartments | $2,973 | $1,897 | $6,444 |
| Elizabeth 5 Bedroom Apartments | $5,511 | $3,200 | $9,645 |
Browse Top Apartments in Elizabeth
See all Apartments in ElizabethExplore Elizabeth
Elizabeth, NJ Local Guide

- Elizabeth Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Elizabeth, NJ
Pricing Updated: 12/09/2025Current apartment rentals in the Elizabeth, NJ area range in price from $750 to $18,024 with an overall median price of $8,766. The three Elizabeth neighborhoods with the lowest median rent pricing are Elizabeth Port at $1,000, Downtown Elizabeth at $1,125, and Peterstown at $1,000. Here is today’s list of the top 9 neighborhoods with the lowest median pricing for Elizabeth Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Elizabeth Port | $2,550 | $1,000 | 40 |
| Downtown Elizabeth | $2,597 | $1,125 | 43 |
| Peterstown | $2,600 | $1,000 | 66 |
| Keighry Head | $3,800 | $750 | 105 |
| Union Square | $3,800 | $1,000 | 82 |
| Bergen Point | $9,483 | $1,350 | 102 |
| Centreville | $18,024 | $1,350 | 178 |
| Constable Hook | $18,024 | $1,350 | 283 |
| Pamrapo | $18,024 | $1,500 | 203 |
Cheapest Available Elizabeth Apartments for Rent
 The cheapest available apartment rental in Elizabeth, NJ is a Studio unit found at Heritage Estates in the Lower Clinton Hill neighborhood priced from $1,175. Senior Horizon in the Bergen Point neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,205. Here is today’s list of the most affordable Elizabeth apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Heritage Estates | Studio | Studio,1BA | $1,175 |
| Senior Horizon | 2 Bedrooms 1 Bathroom | 2BR,1BA | $1,205 |
| Heritage Village at Elizabeth, 62+ Community | 1 Bedroom | 1BR,1BA | $1,229 |
| Rosewood Gardens | Studio | Studio,1BA | $1,350 |
Best Value Apartments for Rent in Elizabeth, NJ
As of December 10, 2025 the best value apartment in the Elizabeth area is the $0.34 price per square foot 55 Schley St Model at 55 Schley St, Unit Apt #1 in the in the Upper Clinton Hill neighborhood starting from $3,350. The second greatest value Elizabeth apartment is the 123 Liberty St Model at 123 Liberty St, Unit 3 starting at $2,650 with a $0.53 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. |
|---|---|---|---|
| 55 Schley St, Unit Apt #1 | 55 Schley St | 5BR,2BA | $0.34 |
| 123 Liberty St, Unit 3 | 123 Liberty St | 3BR,1BA | $0.53 |
| 213 E 9th Ave, Unit 2nd | 213 E 9th Ave | 3BR,1.5BA | $0.88 |
| 213 E 9th Ave, Unit 3 bedroom apartment | 213 E 9th Ave | 3BR,2BA | $0.88 |
| 632 Norwood Ter, Unit 2 | 632 Norwood Ter | 3BR,2BA | $0.97 |
| 329 Elizabeth Ave, Unit 3 | 329 Elizabeth Ave | 3BR,1BA | $1.47 |
| 523 Lidgerwood Ave, Unit Elmora | 523 Lidgerwood Ave | 3BR,2BA | $1.67 |
| 208 Vine St, Unit 1 Floor | 208 Vine St | 3BR,2BA | $1.65 |
| 36 Yates Ave, Unit 2nd floor | 36 Yates Ave | 3BR,1BA | $1.76 |
| Heritage Village at Elizabeth, 62+ Community | 1 Bedroom | 1BR,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.
Read ArticleThe 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 ArticleQuick 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.
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, NJPopulation: 128,885
Ranked #216
in US Census Population by City
Pet Friendly Lifestyle
Ranked #
Among cities in New Jersey for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
Pet Friendly
Best Local Schools in Elizabeth, NJ
No 27 Dr Antonio Pantoja
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Elizabeth, NJ Rentals by Map
See the most popular apartments and homes in Elizabeth, NJ
Getting Around Elizabeth, NJ
Walk Score®
79 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
53 / 100
Bikeable
Some bike infrastructure
Transit Score®
47 / 100
Some Transit
A few nearby public transportation options
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 a cheap apartment in Elizabeth?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Elizabeth is under $1,350.
What is the price of a cheap apartment in Elizabeth?
The cheapest apartment in Elizabeth is Heritage Village at Elizabeth, 62+ Community which is listed at $1,229, while the average apartment in Elizabeth costs $8,766.
What types of apartments are the cheapest in Elizabeth?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 10 regular apartments in Elizabeth that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Elizabeth?
Cheap apartments in Elizabeth have an average cost of $229 which is $8,537 cheaper than the average rent for all rentals in Elizabeth.
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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.































