
Cheap Apartments for Rent in Elizabeth, NJ from $700 (69 Rentals)
Search the lowest-cost Apartments available for rent right now in Elizabeth.


Portside II

531 Richmond St, Unit 1

1144 E Grand St, Unit 300

Heritage Village at Elizabeth, 62+ Community

519 Monroe Ave, Unit elmora

945 Spofford Ave, Unit liz

Monroe Garden

Sheridan Gardens

Westminster Towers 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.

615 Court St

Linden Arms, LLC

Bermudez Apartments

47 Watson Ave

Portside Commons Westport Homes

653-663 N Broad St

1100-1127 Sheridan Ave

Clinton House

Lidgerwood Manor

Continental Gardens
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.

325 Cherry St

112 Westfield Ave

broad manor apartments

North Salem Terrace

101 Broadway

Salem Equity

1141 Hand Place

775 N Broad St

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

Rosehill Apartments
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.

Heritage Estates

44 Isabella Ave, Unit 2

Paradise Gardens

302 Osborne Terrace

25 Van Velsor Pl

134 Dewey St

585 Elizabeth Ave

500 Hawthorne Ave

347 Avenue C

407 John F. Kennedy Blvd
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.

706 Chestnut St

292 Wainwright St

595 Elizabeth Ave

129 Chancellor Ave

305 Osborne Ter

Colonial Village

103 Chancellor

Amsterdam Gardens

336 E Westfield Ave

Townley Garden Apartments
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 | $1,868 | $1,100 | $3,300 |
| Cheap Elizabeth 1 Bedroom Apartments | $2,199 | $750 | $3,271 |
| Cheap Elizabeth 2 Bedroom Apartments | $2,687 | $1,209 | $4,127 |
| Cheap Elizabeth 3 Bedroom Apartments | $2,548 | $1,200 | $3,924 |
| Cheap Elizabeth 4 Bedroom Apartments | $2,702 | $1,897 | $3,200 |
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: 01/08/2026Current apartment rentals in the Elizabeth, NJ area range in price from $750 to $7,862 with an overall median price of $3,237. The three Elizabeth neighborhoods with the lowest median rent pricing are Elizabeth Port at $1,017, Keighry Head at $750, and Union Square at $1,100. 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 | $1,017 | 31 |
| Keighry Head | $2,600 | $750 | 100 |
| Union Square | $2,600 | $1,100 | 74 |
| Peterstown | $2,683 | $1,100 | 58 |
| Downtown Elizabeth | $3,000 | $1,125 | 48 |
| Bergen Point | $3,100 | $1,200 | 109 |
| Centreville | $4,200 | $1,200 | 204 |
| Constable Hook | $4,200 | $1,200 | 289 |
| Pamrapo | $4,200 | $1,500 | 203 |
Cheapest Available Elizabeth Apartments for Rent
 The cheapest available apartment rental in Elizabeth, NJ is a 2 Beds unit found at Senior Horizon in the Bergen Point neighborhood priced from $1,205. 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 |
|---|---|---|---|
| Senior Horizon | 2 Bedrooms 1 Bathroom | 2BR,1BA | $1,205 |
| Heritage Village at Elizabeth, 62+ Community | 1 Bedroom | 1BR,1BA | $1,229 |
| Heritage Estates | Studio | Studio,1BA | $1,250 |
| Rosewood Gardens | Studio | Studio,1BA | $1,350 |
| Monroe Garden | 1 BR JR | 1BR,1BA | $1,375 |
Best Value Apartments for Rent in Elizabeth, NJ
As of January 09, 2026 the best value apartment in the Elizabeth area is the $0.27 price per square foot 322 Westfield Ave Model at 322 Westfield Ave, Unit 2 in the in the Elmora neighborhood starting from $2,695. 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. |
|---|---|---|---|
| 322 Westfield Ave, Unit 2 | 322 Westfield Ave | 4BR,1BA | $0.27 |
| 123 Liberty St, Unit 3 | 123 Liberty St | 3BR,1BA | $0.53 |
| 613 S Park St, Unit 2nd Floor | 613 S Park St | 3BR,2BA | $0.93 |
| 1010 Kilsyth Rd | 1010 Kilsyth Rd | 2BR,1BA | $0.93 |
| 329 Elizabeth Ave, Unit 3 | 329 Elizabeth Ave | 3BR,1BA | $1.31 |
| 384 Badger Ave, Unit #1 | 384 Badger Ave | 3BR,1BA | $1.41 |
| The Westminster | 406 Westminster Avenue Apt 213 | 2BR,2.5BA | $1.82 |
| 193 Seymour Ave, Unit 1 | 193 Seymour Ave | 3BR,2BA | $1.73 |
| 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 ArticleCash 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 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 $1,375.
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 $3,237.
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 13 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 $269 which is $2,968 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

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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!