Cheap Apartments for Rent near Elizabethtown, IN from $300 (33 Rentals)

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

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

property at 202 E Taylor St

$525 - $645

1 Bedroom Rentals

Available Now

202 E Taylor St

ShelbyvilleIN46176
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Water's Edge
1 to 3 Bedroom Apartments

Water's Edge

20 Red Oak WayAustin, IN 47102
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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523 Miller Ave
1 Bedroom Apartments

523 Miller Ave

523 Miller AveShelbyville, IN 46176
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Applegate
Studio to 2 Bedroom Apartments

Applegate

2230 Applegate DrColumbus, IN 47203
Corporate Housing
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125 E Main St
1 Bedroom Apartments

125 E Main St

125 E Main StGreensburg, IN 47240
  • Smoke Free

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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Arbor at Water's Edge
1 to 4 Bedroom Apartments

Arbor at Water's Edge

4060 N 150 WColumbus, IN 47201
  • Utilities Included

Elizabethtown, IN Local Guide

Cheapest Available Elizabethtown Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elizabethtown, IN is a 2 Beds unit found at The Annex of Columbus priced from $725. 523 Miller Ave in the Downtown Shelbyville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here is today’s list of the most affordable Elizabethtown apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Annex of Columbus2 Bed 2 Bath2BR,2BA$725
523 Miller Ave1BR/1.0BA1BR,1BA$775
Bloomfield ApartmentsOne Bedroom1BR,1BA$805
Williamsburg WayThe Richmond2BR,1BA$899
Martin Estates ApartmentsTwo Bedroom One Bath2BR,1BA$999
Parkview Townhomes1 Bed 1 Baths1BR,1BA$1,050
Burkart Crossing ApartmentsCortland1BR,1BA$1,055
Residences on Carr HillS2 MatthewStudio,1BA$1,069
Tracks at Seymour2 Bedroom Bristol2BR,1BA$1,099
Depot Square FlatsMitchell, Unit F1BR,1BA$1,100

Best Value Apartments for Rent in Elizabethtown, IN and Nearby

As of July 27, 2026 the best value apartment in the Elizabethtown area is the $1.20 price per square foot L3 Model at The Links at Franklin in the in the Cityview Farm neighborhood starting from $1,937. The second greatest value Elizabethtown apartment is the 4BR Upstairs Model at Arbor at Water's Edge starting at $1,460 with a $1.01 price per square foot in the Downtown Columbus IN neighborhood. 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.
The Links at FranklinL33BR,2BA$1.20
Arbor at Water's Edge4BR Upstairs4BR,2BA$1.01
StonegateTwo Bedroom Two Bath2BR,2BA$1.33
Townhomes at 28thTwo Bedroom One Bath2BR,1BA$1.22
Burkart Crossing ApartmentsMedora2BR,1BA$1.26
Martin Estates ApartmentsTwo Bedroom One Bath2BR,1BA$1.04
Tracks at Seymour2 Bedroom Talladega2BR,1BA$1.34
The Annex of Columbus2 Bed 2 Bath2BR,2BA$1.05
Bloomfield ApartmentsOne Bedroom1BR,1BA$1.25
523 Miller Ave1BR/1.0BA1BR,1BA$1.29

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!

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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 $775 at 523 Miller Ave.

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 $725 at The Annex of Columbus.

What is the most affordable Elizabethtown Three Bedroom Apartment?

The best deal on a cheap Elizabethtown Three Bedroom Apartment rental is at Parkview Townhomes and starts from $1,525.

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

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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.

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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.