Cheap Apartments for Rent in Elizabeth, NJ from $700 (117 Rentals)

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property at 620 1st Ave

620 1st Ave

ElizabethNJ07202

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.

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.

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47 Watson Ave
Studio to 1 Bedroom Apartments

47 Watson Ave

47 Watson AveElizabeth, NJ 07202
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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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325 Cherry St
Studio to 2 Bedroom Apartments

325 Cherry St

325 Cherry StElizabeth, NJ 07208
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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.

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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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North Salem Terrace
Studio to 2 Bedroom Apartments

North Salem Terrace

644 Salem AveElizabeth, NJ 07208
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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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775 N Broad St
Studio to 2 Bedroom Apartments

775 N Broad St

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

Rosehill Apartments

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

201 First Street

201 S 1st StElizabeth, NJ 07206

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.

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DeHart Apartments
1 Bedroom Apartments

DeHart Apartments

126 Dehart PlElizabeth, NJ 07202
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Templeton Arms
1 to 2 Bedroom Apartments

Templeton Arms

631-649 N Broad StElizabeth, NJ 07208
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750-758 Jersey Ave
Studio to 2 Bedroom Apartments

750-758 Jersey Ave

750-758 Jersey AveElizabeth, NJ 07202
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The Juliette
1 to 2 Bedroom Apartments

The Juliette

317 W Jersey StElizabeth, NJ 07202

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

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

Cheapest Neighborhoods for Apartments in Elizabeth, NJ

Pricing Updated: 11/06/2025

Current apartment rentals in the Elizabeth, NJ area range in price from $750 to $16,130 with an overall median price of $7,646. The three Elizabeth neighborhoods with the lowest median rent pricing are Downtown Elizabeth at $1,125, Bergen Point at $1,300, and Elizabeth Port at $1,017. Here is today’s list of the top 9 neighborhoods with the lowest median pricing for Elizabeth Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Elizabeth$2,600$1,12532
Bergen Point$3,100$1,30061
Elizabeth Port$3,800$1,01733
Keighry Head$3,800$75094
Peterstown$3,800$1,09251
Union Square$3,800$1,09267
Centreville$15,896$1,300119
Constable Hook$15,896$1,300208
Pamrapo$16,130$1,650120

Cheapest Available Elizabeth Apartments for Rent

 

The cheapest available apartment rental in Elizabeth, NJ is a 1 Bed unit found at Pineda Apartments in the Westminster neighborhood priced from $826. Heritage Estates in the Lower Clinton Hill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. Here is today’s list of the most affordable Elizabeth apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Pineda Apartments1x11BR,1BA$826
Heritage EstatesOne Bedroom1BR,1BA$1,150
Heritage Village at Elizabeth, 62+ Community1 Bedroom1BR,1BA$1,229

Best Value Apartments for Rent in Elizabeth, NJ

As of November 06, 2025 the best value apartment in the Elizabeth area is the $0.35 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 $3,500. The second greatest value Elizabeth apartment is the 123 Liberty St Model at 123 Liberty St, Unit 3 starting at $2,850 with a $0.57 price per square foot . 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.
55 Schley St, Unit Apt #155 Schley St5BR,2BA$0.35
123 Liberty St, Unit 3123 Liberty St3BR,1BA$0.57
632 Norwood Ter, Unit 2632 Norwood Ter3BR,2BA$0.97
523 Lidgerwood Ave, Unit Elmora523 Lidgerwood Ave3BR,2BA$1.67
729 Linden Ave, Unit 729 Linden #2fl729 Linden Ave3BR,2BA$1.65
240 Leslie St, Unit #2nd Floor Unit240 Leslie St3BR,1BA$1.65
92 E 21st St, Unit Apartment 292 E 21st St4BR,1BA$1.73
42 Tillinghast St, Unit 1L42 Tillinghast St2BR,1BA$1.69
Heritage EstatesOne Bedroom1BR,1BA$1.52
Pineda Apartments1x11BR,1BA$1.38

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The 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.

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

Explore Elizabeth, NJ Rentals by Map

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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

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 $1,229.

What is the price of a cheap apartment in Elizabeth?

The cheapest apartment in Elizabeth is Pineda Apartments which is listed at $826, while the average apartment in Elizabeth costs $7,646.

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 $239 which is $7,407 cheaper than the average rent for all rentals in Elizabeth.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.