517 Walnut St, Unit second
517 Walnut St
ElizabethNJ07201
Cheap Homes for Rent in Downtown Elizabeth Neighborhood of Elizabeth, NJ from $1,100 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Elizabeth area of Elizabeth.
550 Jefferson Ave
ElizabethNJ07201
944 Elizabeth Ave
ElizabethNJ07201
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.
1029 E Grand St
ElizabethNJ07201
70 W Grand St
ElizabethNJ07202
49 Orchard St
ElizabethNJ07208
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.
Showing Results 1-6, Page 1 of 1
Downtown Elizabeth, Elizabeth, NJ Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent a home in Downtown Elizabeth?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Elizabeth 2 Bedroom Homes for Rent | $2,330 | $1,800 | $2,750 |
| Downtown Elizabeth 3 Bedroom Homes for Rent | $2,725 | $2,250 | $3,000 |
| Downtown Elizabeth 5 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Downtown Elizabeth Neighborhood of Elizabeth, NJ.
Explore 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 $1,800. Chilton Hall Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,895. 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 | $1,800 |
| Chilton Hall Apartments | Chilton Hall - 1 BR Apt | 1BR,1BA | $1,895 |
| Vinty | S2 | Studio,1BA | $1,979 |
Best Value Apartments for Rent in Downtown Elizabeth, NJ
As of June 10, 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 80 Westfield Ave Model at 80 Westfield Ave, Unit First Floor starting at $2,500 with a $1.57 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 |
| 80 Westfield Ave, Unit First Floor | 80 Westfield Ave | 3BR,1BA | $1.57 |
| 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 Apt | 1BR,1BA | $2.67 |
| Vinty | S1 | Studio ,1BA | $3.47 |
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
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 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.
Let everyone know!
Do you know the Downtown Elizabeth area?
If you’re an expert on all things Downtown Elizabeth, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Best Local Schools in Downtown Elizabeth, 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
Frequently Asked Questions about Downtown Elizabeth
What type of rentals are currently available in Downtown Elizabeth?
There are currently 200 Apartments for Rent in Downtown Elizabeth, NJ with pricing that ranges from $950 to $4,000. There are also 24 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Elizabeth ranging from $1,150 to $4,500.
What is the current price range for Rental Homes in Downtown Elizabeth?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Elizabeth ranges from $1,150 to $4,500 with an average monthly rent of $2,572.
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
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.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.