Cheap Apartments for Rent in the Downtown Elizabeth Neighborhood of Elizabeth, NJ from $900 (15 Rentals)

How Many Bedrooms?Done
Price OptionsDone
Price Range
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
653-663 N Broad St
Studio to 2 Bedroom Apartments

653-663 N Broad St

653-663 N Broad StElizabeth, NJ 07208
  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

close
View Me
325 Cherry St
Studio to 2 Bedroom Apartments

325 Cherry St

325 Cherry StElizabeth, NJ 07208
  • Utilities Included
close
View Me
112 Westfield Ave
Studio to 1 Bedroom Apartments

112 Westfield Ave

112-118 Westfield AveElizabeth, NJ 07208
  • Utilities Included
close
View Me
North Salem Terrace
Studio to 2 Bedroom Apartments

North Salem Terrace

644 Salem AveElizabeth, NJ 07208
  • Utilities Included
close
View Me
Salem Equity
Studio to 2 Bedroom Apartments

Salem Equity

610 Salem AveElizabeth, NJ 07208
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

close
View Me
Mace Realty
1 to 2 Bedroom Apartments

Mace Realty

554-560 Westminster AveElizabeth, NJ 07208
property at 70 W Grand St
$1,550

Total Monthly Price

Base Rent$1,550

Total Monthly Price$1,550
Studio, 1 Bath Home for Rent
Available Now
Affordability

70 W Grand St

ElizabethNJ07202
close
View Me
Templeton Arms
1 to 2 Bedroom Apartments

Templeton Arms

631-649 N Broad StElizabeth, NJ 07208
  • Utilities Included
close
View Me
Harwood Homes
1 to 2 Bedroom Apartments

Harwood Homes

135 W Jersey StElizabeth, NJ 07202
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Downtown Elizabeth, Elizabeth, NJ Local Guide

Cheapest Available Downtown Elizabeth Apartments for Rent

 

The cheapest available apartment rental in the Downtown Elizabeth area of Elizabeth, NJ is a 1 Bed unit found at Mace Realty priced from $1,595. Chilton Hall Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,652. Here are the most affordable Downtown Elizabeth apartments for rent in Elizabeth, NJ:

Apartment ListingModel NameBed/BathPriced From
Mace Realty4 Room 1 Bedroom1BR, 1BA$1,595
Chilton Hall ApartmentsChilton Hall - 1 BR 146-A11BR, 1BA$1,652
Cambridge Manor$3.14/sq.ft. - One Bedroom1BR, 1BA$1,695
Harwood Homes$3.14/sq.ft. - One Bedroom1BR, 1BA$1,695
Westminster ArmsA Unit1BR, 1BA$1,800

Best Value Apartments for Rent in Downtown Elizabeth, NJ

As of September 23, 2026 the best value apartment in the Downtown Elizabeth area is the $1.75 price per square foot 012 2 Bedroom 2 Bath + Den Model at The Madison at Elizabeth in the Downtown Elizabeth neighborhood starting from $2,800. The second greatest value Downtown Elizabeth apartment is the 280 Morris Ave Model at 280 Morris Ave, Unit 2 in the Downtown Elizabeth neighborhood starting at $2,350 with a $1.96 price per square foot. Here is today’s list of the best values for Downtown Elizabeth apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Madison at Elizabeth012 2 Bedroom 2 Bath + Den2BR, 2BA$1.75
280 Morris Ave, Unit 2280 Morris Ave4BR, 1BA$1.96
612 Pennsylvania Ave, Unit 612 FL2612 Pennsylvania Ave2BR, 1BA$2.08
Westminster ArmsA Unit1BR, 1BA$2.20
Chilton TowersOne Bdrm One Bath w/ Dining1BR, 1BA$3.06
VintyA21BR, 1BA$3.07
Chilton Hall ApartmentsChilton Hall-1 BR 135-C11BR, 1BA$2.39
The JamesOne Bedroom1BR, 1BA$2.90
Cambridge Manor$3.14/sq.ft. - One Bedroom1BR, 1BA$2.76
Harwood Homes$3.14/sq.ft. - One Bedroom1BR, 1BA$3.14

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 Article
Decorative image

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.

Read Article

Real 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 Article
Decorative image

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Cheap Downtown Elizabeth Apartments

How much is rent for a Cheap One Bedroom Downtown Elizabeth Apartment?

The lowest price for a Cheap One Bedroom Downtown Elizabeth Apartment is $1,595 at Mace Realty.

What is the lowest price for a Cheap Two Bedroom Downtown Elizabeth Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Elizabeth is starting from $2,000 at Westminster Arms.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for How Commercial-to-Residential Property Conversions Help the Housing Crisis   article

How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.