
Cheap Apartments for Rent in Elizabeth, NJ from $700 (62 Rentals)
Search the lowest-cost Apartments available for rent right now in Elizabeth.


Portside II

Total Monthly Price
531 Richmond St, Unit 1

Heritage Village at Elizabeth, 62+ Community

Total Monthly Price
519 Monroe Ave, Unit elmora

Total Monthly Price
945 Spofford Ave, Unit liz

Sheridan Gardens

Westminster Towers Apartments

Linden Arms, LLC

47 Watson Ave
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.

Portside Commons Westport Homes

653-663 N Broad St

1100-1127 Sheridan Ave

Clinton House

Lidgerwood Manor

Continental Gardens

broad manor apartments

325 Cherry St

112 Westfield Ave

Pineda Apartments
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.

North Salem Terrace

1141 Hand Place

Salem Equity

Bermudez Apartments

775 N Broad St

Mace Realty

Lidgerwood

109 Vassar Ave, Unit PRIVATE Room ONLY Shared

21 Willoughby St, Unit B6

Heritage Estates
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.

Total Monthly Price
69 Mapes Ave, Unit 3

Total Monthly Price
147 E 1st Ave, Unit 2

1290 Baker St

292 Wainwright St

595 Elizabeth Ave

129 Chancellor Ave

305 Osborne Ter

Colonial Village

Amsterdam Gardens

336 E Westfield Ave
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.

Wainwright Street Arms

300 E Westfield Ave

759 Avenue A

343 Schley St

Elizabeth Goldsmith

162 Avenue C

The Abbington

Senior Horizon

Waters Edge Crescent

Willowbrook Apartments
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.
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 | $1,850 | $1,095 | $2,999 |
| Cheap Elizabeth 1 Bedroom Apartments | $2,249 | $925 | $6,013 |
| Cheap Elizabeth 2 Bedroom Apartments | $2,631 | $1,209 | $4,306 |
| Cheap Elizabeth 3 Bedroom Apartments | $2,557 | $1,397 | $4,108 |
| Cheap Elizabeth 4 Bedroom Apartments | $2,775 | $1,897 | $3,999 |
Browse Top Apartments in Elizabeth
See all Apartments in ElizabethExplore Elizabeth
Elizabeth, NJ Local Guide

- Elizabeth Neighborhoods
- Nearby Cities
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- Local Counties
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Cheapest Neighborhoods for Apartments in Elizabeth, NJ
Pricing Updated: 07/09/2026Current apartment rentals in the Elizabeth, NJ area range in price from $950 to $5,826 with an overall median price of $3,233. The three Elizabeth neighborhoods with the lowest median rent pricing are Centreville at $1,600, Bergen Point at $1,600, and Constable Hook at $1,600. 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 |
|---|---|---|---|
| Centreville | $2,662 | $1,600 | 179 |
| Bergen Point | $2,950 | $1,600 | 117 |
| Constable Hook | $3,100 | $1,600 | 271 |
| Elizabeth Port | $3,125 | $1,017 | 32 |
| Peterstown | $3,125 | $1,100 | 59 |
| Pamrapo | $3,291 | $1,600 | 181 |
| Union Square | $3,399 | $1,100 | 65 |
| Keighry Head | $3,450 | $950 | 97 |
| Downtown Elizabeth | $3,999 | $950 | 46 |
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. Heritage Village at Elizabeth, 62+ Community in the Elizabeth Port neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,229. 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 |
| Heritage Village at Elizabeth, 62+ Community | 1 Bedroom | 1BR,1BA | $1,229 |
| Sheridan Gardens | Studio | Studio,1BA | $1,400 |
| Bermudez Apartments | 1 BR | 1BR,1BA | $1,450 |
| Linden Arms, LLC | Studio - Large | Studio,1BA | $1,490 |
Best Value Apartments for Rent in Elizabeth, NJ
As of July 09, 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 140 E Jersey St Model at 140 E Jersey St, Unit 1 starting at $2,300 with a $1.10 price per square foot in the Elizabeth Port neighborhood. 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. |
|---|---|---|---|
| 326 Field Pl, Unit #2L | 326 Field Pl | 3BR,1BA | $0.51 |
| 140 E Jersey St, Unit 1 | 140 E Jersey St | 3BR,1BA | $1.10 |
| 516 S Park St, Unit 2 floor | 516 S Park St | 3BR,2BA | $1.61 |
| 258 W Runyon St, Unit 2nd floor | 258 W Runyon St | 3BR,2BA | $1.51 |
| 729 Linden Ave, Unit 729 Linden #2fl | 729 Linden Ave | 3BR,2BA | $1.65 |
| 482 Irvine Turner Blvd, Unit 2 | 482 Irvine Turner Blvd | 3BR,1BA | $1.61 |
| 111 Avenue A, Unit two bedroom apt 3 | 111 Avenue A | 2BR,1BA | $1.50 |
| 746 Bergen St, Unit Bergen st | 746 Bergen St | 2BR,2BA | $1.82 |
| 17 Edwin Plz, Unit 1 | 17 Edwin Plz | 2BR,1BA | $1.80 |
| 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 ArticleReal 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.
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.
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
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 $1,490.
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 $3,233.
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 4 regular apartments in Elizabeth that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.