Cheap Homes for Rent in Elizabeth, NJ from $1,100 (46 Rentals)

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property at 70 W Grand St

70 W Grand St

ElizabethNJ07202

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.

property at 131 W 25th St

131 W 25th St

BayonneNJ07002

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

property at 36 W 27th St

36 W 27th St

BayonneNJ07002

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

property at 34 E 32nd St

34 E 32nd St

BayonneNJ07002
property at 573 Ave E

573 Ave E

BayonneNJ07002

Elizabeth, NJ Local Guide

Cheapest Neighborhoods for Apartments in Elizabeth, NJ

Pricing Updated: 07/22/2025

Current apartment rentals in the Elizabeth, NJ area range in price from $950 to $22,780 with an overall median price of $10,854. The three Elizabeth neighborhoods with the lowest median rent pricing are Elizabeth Port at $1,017, Peterstown at $1,195, and Keighry Head at $950. Here is today’s list of the top 9 neighborhoods with the lowest median pricing for Elizabeth Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Elizabeth Port$2,300$1,01731
Peterstown$3,600$1,19563
Keighry Head$4,550$95092
Union Square$4,550$1,19572
Downtown Elizabeth$4,700$1,19538
Bergen Point$12,440$1,60068
Centreville$21,385$1,600156
Pamrapo$21,385$1,600138
Constable Hook$22,780$1,600250

Cheapest Available Elizabeth Apartments for Rent

 

The cheapest available apartment rental in Elizabeth, NJ is a 2 Beds unit found at 201 First Street in the Elizabeth Port neighborhood priced from $1,145. Heritage Estates in the Lower Clinton Hill neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,175. Here is today’s list of the most affordable Elizabeth apartments for rent:

Apartment ListingModel NameBed/BathPriced From
201 First Street2 Bedrooms 1 Bathroom2BR,1BA$1,145
Heritage EstatesEfficiencyStudio,1BA$1,175
Senior Horizon2 Bedrooms 1 Bathroom2BR,1BA$1,205
Heritage Village at Elizabeth, 62+ Community1 Bedroom1BR,1BA$1,229
Sheridan GardensStudioStudio,1BA$1,250

Best Value Apartments for Rent in Elizabeth, NJ

As of July 23, 2025 the best value apartment in the Elizabeth area is the $1.15 price per square foot 566 Pennsylvania Ave Model at 566 Pennsylvania Ave, Unit D2 in the in the Westminster neighborhood starting from $3,000. The second greatest value Elizabeth apartment is the 140 E Jersey St Model at 140 E Jersey St, Unit 1 starting at $2,300 with a $1.10 price per square foot in the Elizabeth Port neighborhood. Here is today’s list of the best values for Elizabeth apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
566 Pennsylvania Ave, Unit D2566 Pennsylvania Ave3BR,2.5BA$1.15
140 E Jersey St, Unit 1140 E Jersey St3BR,1BA$1.10
712 Kennedy Blvd, Unit A712 Kennedy Blvd4BR,2BA$1.50
293-295 Weequahic Ave4 Bed, 1 Bath4BR,1BA$1.70
659 Jefferson Ave, Unit First Floor659 Jefferson Ave3BR,1BA$1.73
482 Irvine Turner Blvd, Unit 1482 Irvine Turner Blvd3BR,1BA$1.63
42 Tillinghast St, Unit 3R42 Tillinghast St2BR,1BA$1.74
468 4th Ave, Unit Third Floor468 4th Ave1BR,1BA$1.80
Heritage Village at Elizabeth, 62+ Community1 Bedroom1BR,1BA$1.79
201 First Street2 Bedrooms 1 Bathroom2BR,1BA$1.79

Quick 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.

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Frequently Asked Questions about Elizabeth

What type of rentals are currently available in Elizabeth?

There are currently 1809 Apartments for Rent in Elizabeth, NJ with pricing that ranges from $825 to $22,780. There are also 217 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elizabeth ranging from $1,150 to $6,000.

What is the current price range for Rental Homes in Elizabeth?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Elizabeth ranges from $1,150 to $6,000 with an average monthly rent of $2,834.

How much are larger Three and Four Bedroom Rentals in Elizabeth?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Elizabeth range from $1,397 to $6,790, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,899 to $4,000. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $1,897.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.