Cheap Homes for Rent in Elizabeth, NJ from $1,100 (38 Rentals)

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Search the lowest-cost Homes available for rent right now in Elizabeth.

property at 357A Ave E

357A Ave E

BayonneNJ07002
property at 116 W 7th St

116 W 7th 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 84 W 25th St

84 W 25th 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 65 W 29th St

65 W 29th St

BayonneNJ07002
property at 27 W 1st St

27 W 1st St

BayonneNJ07002
property at 13 W 17th St

13 W 17th St

BayonneNJ07002
property at 26 W 42nd St

26 W 42nd St

BayonneNJ07002

Elizabeth, NJ Local Guide

Cheapest Neighborhoods for Apartments in Elizabeth, NJ

Pricing Updated: 05/25/2025

Current apartment rentals in the Elizabeth, NJ area range in price from $850 to $13,900 with an overall median price of $4,914. The three Elizabeth neighborhoods with the lowest median rent pricing are Elizabeth Port at $1,017, Peterstown at $1,195, and Downtown Elizabeth at $1,195. 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$2,595$1,01755
Peterstown$2,997$1,19580
Downtown Elizabeth$3,038$1,19544
Bergen Point$3,383$1,650196
Constable Hook$3,500$1,650245
Keighry Head$4,600$850112
Union Square$4,600$1,195108
Centreville$7,305$1,650212
Pamrapo$12,210$1,650240

Cheapest Available Elizabeth Apartments for Rent

 

The cheapest available apartment rental in Elizabeth, NJ is a 1 Bed unit found at Senior Horizon in the Bergen Point neighborhood priced from $1,141. Heritage Estates in the Lower Clinton Hill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,175. Here is today’s list of the most affordable Elizabeth apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Senior Horizon1 Bedroom 1 Bathroom1BR,1BA$1,141
Heritage EstatesStudio1BR,1BA$1,175
Heritage Village at Elizabeth, 62+ Community1 Bedroom1BR,1BA$1,229
Sheridan GardensStudioStudio,1BA$1,250
Monroe GardenStudio on Watson Ave1BR,1BA$1,250

Best Value Apartments for Rent in Elizabeth, NJ

As of May 25, 2025 the best value apartment in the Elizabeth area is the $0.36 price per square foot 123 Liberty St Model at 123 Liberty St, Unit 2 in the starting from $1,800. The second greatest value Elizabeth apartment is the 956 William St Model at 956 William St starting at $2,400 with a $1.18 price per square foot in the Peterstown 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.
123 Liberty St, Unit 2123 Liberty St2BR,1BA$0.36
956 William St956 William St3BR,1BA$1.18
810 Adams Ave, Unit 2810 Adams Ave3BR,2BA$1.61
9 Shephard Ave, Unit 29 Shephard Ave3BR,2BA$1.80
1124 North Ave, Unit 4 bed duplex1124 North Ave4BR,1.5BA$1.86
17 Edwin Plz, Unit 117 Edwin Plz2BR,1BA$1.75
Abbington Apartments2 Bedroom / 1 Bathroom2BR,1BA$2.00
746 Kennedy Blvd, Unit 3746 Kennedy Blvd2BR,1BA$2.00
167 Shephard Ave, Unit B167 Shephard Ave2BR,1BA$2.00
Heritage Village at Elizabeth, 62+ Community1 Bedroom1BR,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 1842 Apartments for Rent in Elizabeth, NJ with pricing that ranges from $850 to $13,890. There are also 177 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elizabeth ranging from $1,150 to $4,200.

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 $4,200 with an average monthly rent of $2,685.

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 $6,830, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,900 to $4,200. Four Bedroom Single-Family rentals are also available starting from $2,400 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 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.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.