Cheap Apartments for Rent in Elizabeth, NJ from $700 (72 Rentals)

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Search the lowest-cost Apartments available for rent right now in Elizabeth.

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.

property at 600 Fulton St

$1,344 - $2,500

2 To 3 Bedroom Rentals

Available Now

600 Fulton St

ElizabethNJ07206
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312 S Spring St
$1,370 - $1,750
Total Monthly Price

Total Monthly Price

Base Rent
$1,370 - $1,750

Total Monthly Price
$1,370 - $1,750
Studio to 1 Bedroom Apartment Available Now

312 S Spring St

312 S Spring StElizabeth, NJ 07201
Affordability
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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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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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112 Westfield Ave
Studio to 1 Bedroom Apartments

112 Westfield Ave

112-118 Westfield AveElizabeth, NJ 07208
  • Utilities Included

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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325 Cherry St
Studio to 2 Bedroom Apartments

325 Cherry St

325 Cherry StElizabeth, NJ 07208
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Harwood Homes
1 to 2 Bedroom Apartments

Harwood Homes

135 W Jersey StElizabeth, NJ 07202
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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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Bermudez Apartments
1 to 3 Bedroom Apartments

Bermudez Apartments

1465 Lexington PlElizabeth, 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
  • Utilities Included

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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292 Wainwright St
Studio to 2 Bedroom Apartments

292 Wainwright St

292 Wainwright StNewark, NJ 07112
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129 Chancellor Ave
Studio to 2 Bedroom Apartments

129 Chancellor Ave

129 Chancellor AveNewark, NJ 07112
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595 Elizabeth Ave
Studio to 2 Bedroom Apartments

595 Elizabeth Ave

595 Elizabeth AveNewark, NJ 07112
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305 Osborne Ter
1 to 2 Bedroom Apartments

305 Osborne Ter

305 Osborne TerNewark, NJ 07112
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Colonial Village
Studio to 2 Bedroom Apartments

Colonial Village

44 Paine AveIrvington, NJ 07111
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103 Chancellor
Studio to 3 Bedroom Apartments

103 Chancellor

103 Chancellor AveNewark, NJ 07112
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Amsterdam Gardens
Studio to 1 Bedroom Apartments

Amsterdam Gardens

309 Amsterdam AveRoselle, NJ 07203
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336 E Westfield Ave
Studio to 2 Bedroom Apartments

336 E Westfield Ave

336-338 E Westfield AveRoselle Park, NJ 07204

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: 04/10/2026

Current apartment rentals in the Elizabeth, NJ area range in price from $800 to $7,946 with an overall median price of $3,188. The three Elizabeth neighborhoods with the lowest median rent pricing are Keighry Head at $800, Downtown Elizabeth at $899, and Elizabeth Port at $800. Here is today’s list of the top 9 neighborhoods with the lowest median pricing for Elizabeth Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Keighry Head$2,600$800115
Downtown Elizabeth$2,800$89957
Elizabeth Port$3,000$80046
Peterstown$3,000$80078
Union Square$3,000$80095
Pamrapo$3,500$875149
Bergen Point$3,600$1,60099
Centreville$3,600$1,600170
Constable Hook$3,600$1,600235

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. Harwood Homes in the Downtown Elizabeth neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,295. Here is today’s list of the most affordable Elizabeth apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Heritage Village at Elizabeth, 62+ Community1 Bedroom1BR,1BA$1,229
Harwood Homes$2.40/sq.ft. - One Bedroom1BR,1BA$1,295
Monroe Garden1 BR JR1BR,1BA$1,375
Sheridan GardensStudioStudio,1BA$1,400

Best Value Apartments for Rent in Elizabeth, NJ

As of April 10, 2026 the best value apartment in the Elizabeth area is the $0.27 price per square foot 95 Murray St Model at 95 Murray St, Unit 216 in the in the Downtown Elizabeth neighborhood starting from $2,700. The second greatest value Elizabeth apartment is the 55 Schley St Model at 55 Schley St, Unit 3 starting at $2,550 with a $0.26 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 ListingModel NameBed/BathPrice Per Sq.Ft.
95 Murray St, Unit 21695 Murray St2BR,2BA$0.27
55 Schley St, Unit 355 Schley St3BR,2BA$0.26
93 Osborne Ter93 Osborne Ter4BR,2BA$1.68
176 Weequahic Ave176 Weequahic Ave2BR,1.5BA$1.59
1112 Walnut St1112 Walnut St3BR,1BA$1.59
69 Schley St, Unit 169 Schley St4BR,2BA$1.87
410 Franklin St, Unit 2410 Franklin St2BR,1BA$1.98
21 Tillinghast St, Unit 221 Tillinghast St2BR,1BA$1.85
69 Mapes Ave, Unit 369 Mapes Ave1BR,1BA$2.00
Heritage Village at Elizabeth, 62+ Community1 Bedroom1BR,1BA$1.79

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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Quick 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

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

Explore Elizabeth, NJ Rentals by Map

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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 $1,400.

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 $3,188.

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.

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 $2,949 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

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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.

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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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.