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Cheap Apartments for Rent in Elizabeth, NJ from $700 (63 Rentals)
Search the lowest-cost Apartments available for rent right now in Elizabeth.
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$1,017 - $1,8971 to 4 Bedroom Apartments Contact Us For Availability
Portside II
136 Pine StElizabeth, NJ 07206
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$1,229 - $1,4801 to 2 Bedroom Apartments Available Now
Heritage Village at Elizabeth, 62+ Community
225 2nd StElizabeth, NJ 07206
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$1,3501 Bedroom Apartment Available Now
945 Spofford Ave, Unit liz
945 Spofford AveElizabeth, NJ 07202
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$1,375 - $1,8001 to 2 Bedroom Apartments Available Now
Monroe Garden
1057 Monroe AveElizabeth, NJ 07201
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$1,400 - $2,200Studio to 2 Bedroom Apartments Available Now
Sheridan Gardens
1093 Sheridan AveElizabeth, NJ 07208
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Rent Specials
$1,400 - $2,575Studio to 3 Bedroom Apartments Available Now
Westminster Towers Apartments
801 N Broad StElizabeth, NJ 07208
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.
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$1,460 - $2,080Studio to 2 Bedroom Apartments Available Now
Linden Arms, LLC
811 Linden AveElizabeth, NJ 07202
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$1,4951 Bedroom Apartments Contact Us For Availability
Bermudez Apartments
1464 Lexington PlElizabeth, NJ 07208
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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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1 to 3 Bedroom Apartments
Modern Kit/Bath, Heat/HW included, Professional Managers
1465 Lexington PlElizabeth, NJ 07208
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$1,175 - $1,425Studio to 1 Bedroom Apartments Available Now
Heritage Estates
555 Elizabeth AveNewark, NJ 07112
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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$1,250 - $1,750Studio to 2 Bedroom Apartments Available Now
Paradise Gardens
240 E Westfield AveRoselle Park, NJ 07204
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135 W 22nd St
BayonneNJ07002
500 Hawthorne Ave
NewarkNJ07112
347 Avenue C
BayonneNJ07002
407 John F. Kennedy Blvd
BayonneNJ07002
706 Chestnut St
RoselleNJ07203
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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.
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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 | $1,830 | $1,100 | $3,300 |
| Cheap Elizabeth 1 Bedroom Apartments | $2,183 | $750 | $3,234 |
| Cheap Elizabeth 2 Bedroom Apartments | $2,669 | $1,209 | $4,117 |
| Cheap Elizabeth 3 Bedroom Apartments | $2,554 | $1,397 | $4,468 |
| Cheap Elizabeth 4 Bedroom Apartments | $2,707 | $1,897 | $3,200 |
Browse Top Apartments in Elizabeth
See all Apartments in ElizabethExplore Elizabeth
Elizabeth, NJ Local Guide
Written By:
Justin HabersaatEditing Staff
- Elizabeth Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Elizabeth, NJ
Pricing Updated: 01/01/2026Current apartment rentals in the Elizabeth, NJ area range in price from $750 to $8,823 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 | $2,500 | $1,017 | 17 |
| Keighry Head | $2,600 | $750 | 62 |
| Union Square | $2,600 | $1,100 | 43 |
| Peterstown | $2,739 | $1,100 | 33 |
| Downtown Elizabeth | $3,000 | $1,125 | 30 |
| Bergen Point | $3,100 | $1,500 | 109 |
| Centreville | $4,200 | $1,400 | 200 |
| Constable Hook | $4,200 | $1,400 | 289 |
| Pamrapo | $4,200 | $1,400 | 193 |
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 |
| Monroe Garden | 1 BR JR | 1BR,1BA | $1,375 |
| 101 Broadway | 3 Bedrooms 1 Bathroom | 3BR,1BA | $1,394 |
Best Value Apartments for Rent in Elizabeth, NJ
As of January 01, 2026 the best value apartment in the Elizabeth area is the $0.53 price per square foot 123 Liberty St Model at 123 Liberty St, Unit 3 in the starting from $2,650. The second greatest value Elizabeth apartment is the 329 Elizabeth Ave Model at 329 Elizabeth Ave, Unit 3 starting at $2,350 with a $1.31 price per square foot in the Lower 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. |
|---|---|---|---|
| 123 Liberty St, Unit 3 | 123 Liberty St | 3BR,1BA | $0.53 |
| 329 Elizabeth Ave, Unit 3 | 329 Elizabeth Ave | 3BR,1BA | $1.31 |
| THE GRAND AT MORRIS | 2 Bed +Den | 2BR,2BA | $1.86 |
| 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 | $1.54 |
| 36 Yates Ave, Unit 2nd floor | 36 Yates Ave | 3BR,1BA | $1.76 |
| 26 Harding Ter, Unit 1ST FL | 26 Harding Ter | 2BR,1BA | $1.90 |
| 12 E 36th St, Unit 2 | 12 E 36th St | 3BR,1BA | $1.90 |
| 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.
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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.
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.
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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.
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
Elizabeth Public School District
Public School - Grades PK-8 (885)
6 out of 10
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 $1,394.
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 $259 which is $2,978 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
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
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!