Cheap Homes for Rent in Elizabeth, IL from $600 (14 Rentals)

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Elizabeth, IL Local Guide

Cheapest Available Elizabeth Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elizabeth, IL is a Studio unit found at Northland Park Apartments priced from $525. Riverside Apartments and Townhomes has the second lowest priced unit, which is a Studio apartment currently listed from $525. Here is today’s list of the most affordable Elizabeth apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Northland Park ApartmentsStudioStudio,1BA$525
Riverside Apartments and TownhomesStudioStudio,1BA$525
Roosevelt School Apartments1 bedroom1BR,1BA$570
Greenfield96-a2BR,1BA$650
Pine View1 Bedroom 1 Bath Efficiency1BR,1BA$669

Best Value Apartments for Rent in Elizabeth, IL and Nearby

As of March 25, 2025 the best value apartment in the Elizabeth area is the $0.93 price per square foot Apt 4 Model at 1182 Locust St in the starting from $925. The second greatest value Elizabeth apartment is the 2 bedroom Model at Roosevelt School Apartments starting at $1,000 with a $1.00 price per square foot . 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.
1182 Locust StApt 41BR,1BA$0.93
Roosevelt School Apartments2 bedroom2BR,1.5BA$1.00
Super 20 Mobile Home Park2 Bed 1 Bath2BR,1BA$0.91
Cottage Bluff Apartments2-Bedroom2BR,1BA$1.02
73 Manor Dr2 Bedroom2BR,1BA$0.92
Greenfield109-a2BR,1BA$0.81
Eagle Point Townhomes2 BR Townhome2BR,1BA$1.04
Westwinds2BD 1BA2BR,1BA$0.86
Ruxton Apartments2A2BR,2BA$1.09
Kiwanis Manor Apartments3001 - updated2BR,1BA$1.00

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Frequently Asked Questions about Elizabeth

What type of rentals are currently available in Elizabeth?

There are currently 42 Apartments for Rent in Elizabeth, IL with pricing that ranges from $525 to $2,100. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elizabeth ranging from $625 to $2,300.

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 $625 to $2,300 with an average monthly rent of $1,235.

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 $950 to $1,700, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $1,500. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $1,600.

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 Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.