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


517 Walnut St, Unit second

550 Jefferson Ave
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.

944 Elizabeth Ave

1029 E Grand St

70 W Grand St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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1058 Anna St, Unit 3
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 | $2,583 | $2,500 | $2,750 |
| Downtown Elizabeth 3 Bedroom Homes for Rent | $2,708 | $2,250 | $3,200 |
| Downtown Elizabeth 4 Bedroom Homes for Rent | $3,950 | $3,950 | $3,950 |
| Downtown Elizabeth 5 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
Browse Homes for Rent 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.
Explore 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 Chilton Hall Apartments priced from $1,652. Cambridge Manor has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,695. Here are the most affordable Downtown Elizabeth apartments for rent in Elizabeth, NJ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Chilton Hall Apartments | Chilton Hall - 1 BR 146-A1 | 1BR,1BA | $1,652 |
| Cambridge Manor | $3.06/sq.ft. - One Bedroom | 1BR,1BA | $1,695 |
| Westminster Arms | A Unit | 1BR,1BA | $1,800 |
Best Value Apartments for Rent in Downtown Elizabeth, NJ
As of July 26, 2026 the best value apartment in the Downtown Elizabeth area is the $2.86 price per square foot 444 N Broad St Model at 444 N Broad St, Unit 444 North Broad Street 2nd & 3rd Fl in the in the Westminster neighborhood starting from $4,000. The second greatest value Downtown Elizabeth apartment is the 280 Morris Ave Model at 280 Morris Ave, Unit 2 starting at $2,399 with a $2.00 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. |
|---|---|---|---|
| 444 N Broad St, Unit 444 North Broad Street 2nd & 3rd Fl | 444 N Broad St | 4BR,1.5BA | $2.86 |
| 280 Morris Ave, Unit 2 | 280 Morris Ave | 4BR,1BA | $2.00 |
| 1025 Lafayette St | 1025 Lafayette St | 3BR,1BA | $2.45 |
| The James | 2 Beds, 2 baths | 2BR,2BA | $2.48 |
| 431-435 Morris Ave | 2 Bed/1 Bath | 2BR,1BA | $2.50 |
| Westminster Arms | A Unit | 1BR,1BA | $2.20 |
| Chilton Towers | One Bdrm One Bath w/ Dining | 1BR,1BA | $2.70 |
| The Madison at Elizabeth | 014 1 Bedroom 1 Bath + Den | 1BR,1BA | $2.83 |
| Chilton Hall Apartments | Chilton Hall-1 BR 135-C1 | 1BR,1BA | $2.39 |
| Cambridge Manor | $3.06/sq.ft. - One Bedroom | 1BR,1BA | $2.76 |
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 Downtown Elizabeth
What type of rentals are currently available in Downtown Elizabeth?
There are currently 202 Apartments for Rent in Downtown Elizabeth, NJ with pricing that ranges from $950 to $4,000. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Elizabeth ranging from $950 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 $950 to $4,500 with an average monthly rent of $2,776.
How much are larger Three and Four Bedroom Rentals in Downtown Elizabeth?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Elizabeth range from $2,350 to $2,700, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,250 to $3,200. Four Bedroom Single-Family rentals are also available starting from $3,950 and Four Bedroom Apartments start at $2,399.
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

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.