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Cheap Apartments for Rent in Elizabeth, NJ from $700 (64 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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$1,400 - $2,200Studio to 2 Bedroom Apartments Available Now
Sheridan Gardens
1093 Sheridan AveElizabeth, NJ 07208
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$1,400 - $2,575Studio to 3 Bedroom Apartments Available Now
Westminster Towers Apartments
801 N Broad StElizabeth, NJ 07208
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$1,460 - $2,080Studio to 2 Bedroom Apartments Available Oct 23
Linden Arms, LLC
811 Linden AveElizabeth, NJ 07202
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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$1,500 - $1,7851 to 2 Bedroom Apartments Available Now
Monroe Garden
1057 Monroe AveElizabeth, NJ 07201
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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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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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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 | $1,913 | $850 | $2,509 |
| Cheap Elizabeth 1 Bedroom Apartments | $2,268 | $899 | $3,220 |
| Cheap Elizabeth 2 Bedroom Apartments | $2,766 | $1,209 | $4,692 |
| Cheap Elizabeth 3 Bedroom Apartments | $2,900 | $1,397 | $10,000+ |
| Cheap Elizabeth 4 Bedroom Apartments | $3,346 | $1,897 | $10,000+ |
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: 09/14/2025Current apartment rentals in the Elizabeth, NJ area range in price from $850 to $21,248 with an overall median price of $9,840. The three Elizabeth neighborhoods with the lowest median rent pricing are Elizabeth Port at $1,017, Downtown Elizabeth at $1,125, and Peterstown at $1,125. 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 | $2,425 | $1,017 | 19 |
| Downtown Elizabeth | $2,600 | $1,125 | 31 |
| Peterstown | $2,600 | $1,125 | 38 |
| Keighry Head | $3,949 | $850 | 64 |
| Union Square | $4,400 | $1,125 | 49 |
| Bergen Point | $11,280 | $1,500 | 67 |
| Centreville | $20,033 | $1,500 | 151 |
| Pamrapo | $20,033 | $1,600 | 142 |
| Constable Hook | $21,248 | $1,500 | 243 |
Cheapest Available Elizabeth Apartments for Rent
The cheapest available apartment rental in Elizabeth, NJ is a 1 Bed unit found at Heritage Estates in the Lower Clinton Hill neighborhood priced from $1,150. 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 |
|---|---|---|---|
| Heritage Estates | One Bedroom | 1BR,1BA | $1,150 |
| Heritage Village at Elizabeth, 62+ Community | 1 Bedroom | 1BR,1BA | $1,229 |
| Sheridan Gardens | Studio | Studio,1BA | $1,400 |
| Monroe Garden | One Bedroom | 1BR,1BA | $1,500 |
Best Value Apartments for Rent in Elizabeth, NJ
As of September 14, 2025 the best value apartment in the Elizabeth area is the $0.15 price per square foot 234 Clark Pl Model at 234 Clark Pl, Unit 2R in the in the Elizabeth Port neighborhood starting from $1,500. The second greatest value Elizabeth apartment is the 349 Lyons Ave Model at 349 Lyons Ave starting at $2,500 with a $0.25 price per square foot in the Livingston 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. |
|---|---|---|---|
| 234 Clark Pl, Unit 2R | 234 Clark Pl | 1BR,1BA | $0.15 |
| 349 Lyons Ave | 349 Lyons Ave | 4BR,1BA | $0.25 |
| 305 Chadwick Ave | 305 Chadwick Ave | 3BR,1BA | $0.18 |
| 337 Bond St | 337 Bond St | 3BR,1BA | $1.47 |
| 240 Leslie St, Unit #2nd Floor Unit | 240 Leslie St | 3BR,1BA | $1.76 |
| 42 Tillinghast St, Unit 3R | 42 Tillinghast St | 2BR,1BA | $1.69 |
| 90 W 16th St, Unit 3 rd Floor | 90 W 16th St | 1BR,1BA | $1.80 |
| 307 Amity St, Unit amity | 307 Amity St | 1BR,1BA | $1.60 |
| Heritage Estates | One Bedroom | 1BR,1BA | $1.52 |
| Heritage Village at Elizabeth, 62+ Community | 1 Bedroom | 1BR,1BA | $1.79 |
Quick Rent Budget Calculator
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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, NJPopulation: 128,885
Ranked #216
in US Census Population by City
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
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Estates which is listed at $1,150, while the average apartment in Elizabeth costs $9,840.
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 $380 which is $9,460 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.
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.
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.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.