
Cheap Apartments for Rent in Elizabeth, NJ from $700 (65 Rentals)
Search the lowest-cost Apartments available for rent right now in Elizabeth.


Portside II

531 Richmond St, Unit 1, Unit 1

Heritage Village at Elizabeth, 62+ Community

138 Elmora Ave

Total Monthly Price
519 Monroe Ave, Unit elmora, Unit elmora

Total Monthly Price
945 Spofford Ave, Unit liz, Unit liz

Sheridan Gardens

Westminster Towers Apartments

Linden Arms, LLC
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.

231 Ripley Pl, Unit Unit 4

47 Watson Ave

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
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.

112 Westfield Ave

North Salem Terrace

1141 Hand Place

Salem Equity

775 N Broad St

Lidgerwood

Total Monthly Price
205 Dewey St

109 Vassar Ave, Unit PRIVATE Room ONLY Shared

Heritage Estates

Total Monthly Price
69 Mapes Ave, Unit 3, Unit 3
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.

65 W 19th St

21-25-25 Willoughby St, Unit A3

Total Monthly Price
125 Osborne Ter, Unit 17, Unit 17

Total Monthly Price
147 E 1st Ave, Unit 2, Unit 2

84 Scheerer Ave

292 Wainwright St

595 Elizabeth Ave

129 Chancellor Ave

305 Osborne Ter

Colonial Village
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.

103 Chancellor Ave

Amsterdam Gardens

336 E Westfield Ave

Wainwright Street Arms

300 E Westfield Ave

759 Avenue A

343 Schley St

Elizabeth Goldsmith

162 Avenue C

The Abbington
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.
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 | $1,925 | $1,100 | $2,999 |
| Cheap Elizabeth 1 Bedroom Apartments | $2,286 | $900 | $9,626 |
| Cheap Elizabeth 2 Bedroom Apartments | $2,730 | $1,209 | $4,221 |
| Cheap Elizabeth 3 Bedroom Apartments | $2,566 | $1,397 | $3,709 |
| Cheap Elizabeth 4 Bedroom Apartments | $2,836 | $1,897 | $3,950 |
| Elizabeth 5 Bedroom Apartments | $3,880 | $2,800 | $4,500 |
Browse Top Apartments in Elizabeth
See all Apartments in ElizabethExplore Elizabeth
Elizabeth, NJ Local Guide

- Elizabeth Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Elizabeth, NJ
Pricing Updated: 05/25/2026Current apartment rentals in the Elizabeth, NJ area range in price from $950 to $10,929 with an overall median price of $3,211. The three Elizabeth neighborhoods with the lowest median rent pricing are Downtown Elizabeth at $950, Elizabeth Port at $1,017, and Keighry Head at $950. 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 |
|---|---|---|---|
| Downtown Elizabeth | $2,599 | $950 | 51 |
| Elizabeth Port | $2,800 | $1,017 | 42 |
| Keighry Head | $2,800 | $950 | 105 |
| Peterstown | $2,800 | $1,100 | 66 |
| Union Square | $2,800 | $1,100 | 80 |
| Bergen Point | $3,700 | $1,450 | 113 |
| Centreville | $3,700 | $1,450 | 184 |
| Constable Hook | $3,700 | $1,450 | 250 |
| Pamrapo | $4,000 | $1,450 | 146 |
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. Sheridan Gardens in the Westminster neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,400. Here is today’s list of the most affordable Elizabeth apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Heritage Village at Elizabeth, 62+ Community | 1 Bedroom | 1BR,1BA | $1,229 |
| Sheridan Gardens | Studio | Studio,1BA | $1,400 |
| Lidgerwood | A1 | 1BR,1BA | $1,500 |
Best Value Apartments for Rent in Elizabeth, NJ
As of May 25, 2026 the best value apartment in the Elizabeth area is the $0.19 price per square foot 556 Bond St Model at 556 Bond St, Unit Bond street in the in the Elizabeth Port neighborhood starting from $1,900. The second greatest value Elizabeth apartment is the 93 Osborne Ter Model at 93 Osborne Ter starting at $3,200 with a $1.68 price per square foot in the Upper Clinton Hill 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. |
|---|---|---|---|
| 556 Bond St, Unit Bond street | 556 Bond St | 3BR,1BA | $0.19 |
| 93 Osborne Ter | 93 Osborne Ter | 4BR,2BA | $1.68 |
| 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 |
| 176 Weequahic Ave | 176 Weequahic Ave | 2BR,2BA | $1.76 |
| 216 Amity St, Unit 2 | 216 Amity St | 3BR,2BA | $1.71 |
| 226 Bond St, Unit APT 1 | 226 Bond St | 3BR,2BA | $1.71 |
| Imperial House | 2BD Apartment | 2BR,1BA | $1.83 |
| 303 Renner Ave, Unit 2 | 303 Renner Ave | 3BR,1BA | $1.82 |
| 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 $1,500.
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 $3,211.
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 7 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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.