
Cheap Apartments for Rent in the Downtown Elizabeth Neighborhood of Elizabeth, NJ from $900 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Elizabeth area of Elizabeth.


517 Walnut St, Unit second

550 Jefferson Ave

Cambridge Manor

26 Stiles St

Chilton Hall Apartments
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.

Westminster Arms

653-663 N Broad St

112 Westfield Ave

325 Cherry St

North Salem Terrace

944 Elizabeth Ave
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.

Salem Equity

1029 E Grand St

70 W Grand St

Harwood Homes

Templeton Arms

The Colonial
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.

49 Orchard St
Downtown Elizabeth, Elizabeth, NJ Local Guide

How much does it cost to rent an apartment in Downtown Elizabeth?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Elizabeth Studio Apartments | $1,835 | $1,299 | $2,066 |
| Downtown Elizabeth 1 Bedroom Apartments | $2,205 | $1,650 | $2,688 |
| Downtown Elizabeth 2 Bedroom Apartments | $2,793 | $2,000 | $4,006 |
| Downtown Elizabeth 3 Bedroom Apartments | $2,893 | $2,375 | $3,999 |
Browse Apartments in this Neighborhood
There are currently 19 rentals with your search options within a 2 mile radius of the Downtown Elizabeth Neighborhood of Elizabeth, NJ.
See all Apartments in ElizabethExplore Elizabeth
Downtown Elizabeth, Elizabeth, NJ Local Guide
- Nearby Elizabeth neighborhoods
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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 Cambridge Manor priced from $1,650. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cambridge Manor | $3.06/sq.ft. - One Bedroom | 1BR,1BA | $1,650 |
| Chilton Hall Apartments | Chilton Hall - 1 BR 146-A1 | 1BR,1BA | $1,652 |
| Westminster Arms | A Unit | 1BR,1BA | $1,800 |
| Vinty | S2 | Studio,1BA | $1,979 |
| Chilton Towers | One Bedroom One Bath | 1BR,1BA | $2,070 |
Best Value Apartments for Rent in Downtown Elizabeth, NJ
As of June 23, 2026 the best value apartment in the Downtown Elizabeth area is the $1.65 price per square foot 208 Vine St Model at 208 Vine St, Unit 1 Floor in the in the Downtown Elizabeth neighborhood starting from $2,800. The second greatest value Downtown Elizabeth apartment is the 2BR/2.0BA Model at The Metropolitan starting at $2,599 with a $2.39 price per square foot in the Downtown Elizabeth neighborhood. Here is today’s list of the best values for Downtown Elizabeth apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 208 Vine St, Unit 1 Floor | 208 Vine St | 3BR,2BA | $1.65 |
| The Metropolitan | 2BR/2.0BA | 2BR,2BA | $2.39 |
| The James | 2 Beds, 2 baths | 2BR,2BA | $2.48 |
| 276 Morris Ave, Unit 3 | 276 Morris Ave | 3BR,1BA | $2.40 |
| 431-435 Morris Ave | 2 Bed/1 Bath | 2BR,1BA | $2.50 |
| Westminster Arms | A Unit | 1BR,1BA | $2.20 |
| The Madison at Elizabeth | 014 1 Bedroom 1 Bath + Den | 1BR,1BA | $2.83 |
| Chilton Towers | One Bedroom One Bath | 1BR,1BA | $2.82 |
| Chilton Hall Apartments | Chilton Hall-1 BR 135-C1 | 1BR,1BA | $2.39 |
| Cambridge Manor | $3.06/sq.ft. - One Bedroom | 1BR,1BA | $2.68 |
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 ArticleReal 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 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.
Best Local Schools in Downtown Elizabeth, Elizabeth, NJ
No 27 Dr Antonio Pantoja
School data provided by Great Schools
Frequently Asked Questions about Cheap Downtown Elizabeth Apartments
What is the Cheapest Studio apartment in Downtown Elizabeth?
Currently the most affordable Cheap Studio Apartment in Downtown Elizabeth is at Vinty listed at $1,979.
How much is rent for a Cheap One Bedroom Downtown Elizabeth Apartment?
The lowest price for a Cheap One Bedroom Downtown Elizabeth Apartment is $1,650 at Cambridge Manor.
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

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.