
Cheap Apartments for Rent in the Downtown Elizabeth Neighborhood of Elizabeth, NJ from $900 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Elizabeth area of Elizabeth.


Cambridge Manor

1116 Anna St
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.

653-663 N Broad St

112 Westfield Ave

325 Cherry St
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.

North Salem Terrace
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 | $1,949 | $1,125 | $2,497 |
| Downtown Elizabeth 1 Bedroom Apartments | $2,352 | $1,600 | $3,278 |
| Downtown Elizabeth 2 Bedroom Apartments | $2,745 | $1,750 | $4,117 |
| Downtown Elizabeth 3 Bedroom Apartments | $2,675 | $2,200 | $3,400 |
| Downtown Elizabeth 4 Bedroom Apartments | $3,000 | $3,000 | $3,000 |
Browse Apartments in this Neighborhood
There are currently 7 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
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Westminster Arms priced from $1,700. Cambridge Manor has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,750. Here are the most affordable Downtown Elizabeth apartments for rent in Elizabeth, NJ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Westminster Arms | A Unit | 1BR,1BA | $1,700 |
| Cambridge Manor | $3.06/sq.ft. - One Bedroom | 1BR,1BA | $1,750 |
| Chilton Hall Apartments | Chilton Hall Apartments | 1BR,1BA | $1,895 |
Best Value Apartments for Rent in Downtown Elizabeth, NJ
As of January 30, 2026 the best value apartment in the Downtown Elizabeth area is the $0.92 price per square foot 1117 Chestnut St Model at 1117 Chestnut St, Unit 1 in the in the Downtown Elizabeth neighborhood starting from $2,800. The second greatest value Downtown Elizabeth apartment is the 406 Westminster Avenue Apt 213 Model at The Westminster starting at $2,400 with a $1.82 price per square foot in the Westminster 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. |
|---|---|---|---|
| 1117 Chestnut St, Unit 1 | 1117 Chestnut St | 3BR,2BA | $0.92 |
| The Westminster | 406 Westminster Avenue Apt 213 | 2BR,2.5BA | $1.82 |
| 1025 Lafayette St, Unit 2nd Fl | 1025 Lafayette St | 3BR,1BA | $2.27 |
| The James | 2 Beds, 2 baths | 2BR,2BA | $2.48 |
| Westminster Arms | A Unit | 1BR,1BA | $2.07 |
| The Madison at Elizabeth | 001 1 Bedroom 1 Bathroom | 1BR,1BA | $2.78 |
| Chilton Towers | One Bedroom One Bath | 1BR,1BA | $2.79 |
| Chilton Hall Apartments | Chilton Hall Apartments | 1BR,1BA | $2.67 |
| Cambridge Manor | $3.06/sq.ft. - One Bedroom | 1BR,1BA | $2.85 |
| 1144 E Grand St, Unit 300 | 1144 E Grand St | Studio ,1BA | $2.25 |
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 ArticleThe 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.
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 $2,442.
How much is rent for a Cheap One Bedroom Downtown Elizabeth Apartment?
The lowest price for a Cheap One Bedroom Downtown Elizabeth Apartment is $1,700 at Westminster Arms.
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 $1,900 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

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.

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.

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.