
Cheap Apartments for Rent in Elizabethtown, IL from $500 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in Elizabethtown.


Alpha Property Management (Alpha Rentals)

Schilling Property Management

Saddlebrook

Willow Run

Graystone Henderson

University Mall and Walnut Street Apartments

Total Monthly Price
Lakewood Flats and Townhomes
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.

Franklin Place Apartments

Brookside Apartments

Jackson House

G&R Rentals

Wedgewood Hills

Pine Shores Rentals

Foxfire West Apartments

Newly Renovated 2 Bedrooms!
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.

Aspen Court Apartments

Canoe Creek Apartments

Parkside Apartments

Century Estates Apartments

Shawnee Village

Southside Square Apartments - NOW LEASING

212 E Lincoln St

8 Sanders Ave
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.

Maple Valley Townhomes

510 Ellen Dr

269 S Spring St

404 N Carroll St

400 E College St

Valore at Pine Hills

Emma's Rose Senior Apartments

1306 Davis Ave
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.

Lone Oak Villas

500 E College St

112 S 5th St

521 E Water St

105 E Poplar St

801 E Stotlar St

223 Clara St

109 N Russell St
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.

Mountain Valley Properties -Marion
Elizabethtown, IL Local Guide

How much does it cost to rent an apartment in Elizabethtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elizabethtown Studio Apartments | $690 | $625 | $948 |
| Elizabethtown 1 Bedroom Apartments | $960 | $500 | $3,200 |
| Elizabethtown 2 Bedroom Apartments | $1,125 | $670 | $3,600 |
| Elizabethtown 3 Bedroom Apartments | $1,366 | $995 | $1,695 |
| Elizabethtown 4 Bedroom Apartments | $1,386 | $580 | $2,080 |
Browse Top Apartments in Elizabethtown
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Elizabethtown, IL Local Guide
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Cheapest Available Elizabethtown Apartments for Rent and Nearby
 The cheapest available apartment rental in Elizabethtown, IL is a 1 Bed unit found at Schilling Property Management priced from $600. Saddlebrook in the Henderson North End neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $610. Here is today’s list of the most affordable Elizabethtown apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $600 |
| Saddlebrook | One Bedroom One Bath Phase 3 | 1BR,1BA | $610 |
| Graystone Henderson | 1 Bedroom | 1BR,1BA | $625 |
| Lakewood Flats and Townhomes | 2 small wd | 2BR,1BA | $670 |
| Franklin Place Apartments | 1 Bed, 1 bath | 1BR,1BA | $675 |
| Willow Run | The Hampton | 1BR,1BA | $730 |
| Jackson House | 1 Bedroom - Jackson House | 1BR,1BA | $781 |
| Foxfire West Apartments | 1.1 | 1BR,1BA | $785 |
| Newly Renovated 2 Bedrooms! | 2BR/1.0BA | 2BR,1BA | $790 |
| Parkside Apartments | 2 Bedroom | 2BR,1BA | $825 |
Best Value Apartments for Rent in Elizabethtown, IL and Nearby
As of February 21, 2026 the best value apartment in the Elizabethtown area is the $0.80 price per square foot 5 Bed House Model at Wedgewood Hills in the starting from $2,000. The second greatest value Elizabethtown apartment is the 3 bedroom Model at 2707 Fairway Dr starting at $1,400 with a $1.00 price per square foot . Here is today’s list of the best values for Elizabethtown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Wedgewood Hills | 5 Bed House | 5BR,3BA | $0.80 |
| 2707 Fairway Dr | 3 bedroom | 3BR,2BA | $1.00 |
| The Lory of Greenway Village | 2 Bedroom | 2 Bath | 2BR,2BA | $1.06 |
| Eagle Village - Historical Access | 4BR/2BA - Furnished | 4BR,2BA | $0.47 |
| Cottonwood | 2 Bed Duplex | 2BR,1.5BA | $1.05 |
| 900 on Park | Two Bedroom Furnished | 2BR,2BA | $0.82 |
| Parkside Apartments | 2 Bedroom | 2BR,1BA | $1.03 |
| Franklin Place Apartments | 1 Bed, 1 bath | 1BR,1BA | $0.84 |
| Newly Renovated 2 Bedrooms! | 2BR/1.0BA | 2BR,1BA | $1.05 |
| Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $0.86 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Elizabethtown, IL Rentals by Map
See the most popular apartments and homes in Elizabethtown, IL
Frequently Asked Questions about Cheap Elizabethtown Apartments
How much is rent for a Cheap One Bedroom Elizabethtown Apartment?
The lowest price for a Cheap One Bedroom Elizabethtown Apartment is $600 at Schilling Property Management.
What is the lowest price for a Cheap Two Bedroom Elizabethtown Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Elizabethtown is starting from $670 at Lakewood Flats and Townhomes.
What is the most affordable Elizabethtown Three Bedroom Apartment?
The best deal on a cheap Elizabethtown Three Bedroom Apartment rental is at Grand Place Apartments and starts from $1,185.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.