Cheap Apartments for Rent near Elizabethtown, IL from $300 (37 Rentals)

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Search the lowest-cost Apartments available for rent right now in Elizabethtown.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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.

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Cash 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.

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Maple Valley Townhomes
2 Bedroom Apartments

Maple Valley Townhomes

618 E Waverly StMorganfield, KY 42437
  • Utilities Included
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Chesapeake
2 Bedroom Apartments

Chesapeake

202 Chesapeake DrMarion, IL 62959

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.

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Elizabethtown, IL Local Guide

Cheapest Available Elizabethtown Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elizabethtown, IL is a 1 Bed unit found at Marketplace Commons Apartments priced from $325. Willow Run has the second lowest priced unit, which is a 1 Bed apartment currently listed from $515. Here is today’s list of the most affordable Elizabethtown apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Marketplace Commons Apartments1 Bedroom1BR,1BA$325
Willow RunThe Hampton1BR,1BA$515
Schilling Property Management1 Bed, 1 bath1BR,1BA$600
Graystone Henderson1 Bedroom1BR,1BA$625
Senior Community-Franklin Place Apartments1 Bedroom1BR,1BA$675
Jackson House1 Bedroom - Jackson House1BR,1BA$781
Lakewood Flats and Townhomes1sm wd1BR,1BA$805
Parkside Apartments2 Bedroom2BR,1BA$825
SaddlebrookThree Bedroom Two Bath Phase 33BR,2BA$838
Shawnee Village1 BR /1 BA 62 and Older1BR,1BA$846

Best Value Apartments for Rent in Elizabethtown, IL and Nearby

As of July 13, 2026 the best value apartment in the Elizabethtown area is the $0.89 price per square foot 1X1 Model at 2600 Fairway Dr in the starting from $1,600. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
2600 Fairway Dr1X13BR,2.5BA$0.89
2707 Fairway Dr3 bedroom3BR,2BA$1.00
Eagle Village - Historical Access4BR/2BA - Furnished4BR,2BA$0.47
Cottonwood2 Bed Duplex2BR,1.5BA$1.05
Willow RunThe Sterling2BR,1BA$0.92
900 on ParkTwo Bedroom Furnished2BR,2BA$0.82
Senior Community-Franklin Place Apartments1 BDR1BR,1BA$0.84
Parkside Apartments2 Bedroom2BR,1BA$1.03
Marketplace Commons Apartments1 Bedroom1BR,1BA$0.41
Schilling Property Management1 Bed, 1 bath1BR,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.

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Real 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.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Elizabethtown, IL Rentals by Map

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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 $325 at Marketplace Commons Apartments.

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 $388 at Marketplace Commons Apartments.

What is the most affordable Elizabethtown Three Bedroom Apartment?

The best deal on a cheap Elizabethtown Three Bedroom Apartment rental is at Marketplace Commons Apartments and starts from $450.

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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.

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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.