
Cheap Homes for Rent in Downtown Elizabeth Neighborhood of Elizabeth, NJ from $1,100 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Elizabeth area of Elizabeth.

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.

550 Jefferson Ave
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.

123 Cherry St
Downtown Elizabeth, Elizabeth, NJ Local Guide

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 | $2,050 | $1,800 | $2,300 |
| Downtown Elizabeth 3 Bedroom Homes for Rent | $2,658 | $2,300 | $3,300 |
Browse Homes for Rent in this Neighborhood
There are currently 3 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
Best Value Apartments for Rent in Downtown Elizabeth, NJ
As of January 09, 2026 the best value apartment in the Downtown Elizabeth area is the $1.82 price per square foot 406 Westminster Avenue Apt 213 Model at The Westminster in the in the Westminster neighborhood starting from $2,400. The second greatest value Downtown Elizabeth apartment is the 1025 Lafayette St Model at 1025 Lafayette St, Unit 2nd Fl starting at $2,375 with a $2.16 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. |
|---|---|---|---|
| The Westminster | 406 Westminster Avenue Apt 213 | 2BR,2.5BA | $1.82 |
| 1025 Lafayette St, Unit 2nd Fl | 1025 Lafayette St | 3BR,1BA | $2.16 |
| 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 |
| Vinty | S2 | Studio ,1BA | $4.21 |
| 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 Downtown Elizabeth
What type of rentals are currently available in Downtown Elizabeth?
There are currently 208 Apartments for Rent in Downtown Elizabeth, NJ with pricing that ranges from $1,125 to $4,117. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Elizabeth ranging from $1,100 to $3,300.
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 $1,100 to $3,300 with an average monthly rent of $1,789.
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

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!