Cheap Apartments for Rent in Elizabeth, IN from $500 (20 Rentals)
Cheap Apartments in Elizabeth.

The Chalet Village Apartment Community

Broadleaf Arms

Southwood

Riverport Landing Family Apartments
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Newberry Parc

Paddocks at Ridge Park

Richardson 52 Apartments
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The San Jose Court Apartment Community

10404 Greentree Ln
Louisville's Best Affordable Neighborhoods
Learn about Louisville with original content written by our Louisville, KY Local Expert, Mike Heuer

6508 Melrose Ave
Elizabeth, IN Local Guide

How much does it cost to rent an apartment in Elizabeth?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Elizabeth Studio Apartments | $995 | $995 | $995 |
Elizabeth 1 Bedroom Apartments | $1,039 | $675 | $1,495 |
Elizabeth 2 Bedroom Apartments | $1,306 | $825 | $1,630 |
Elizabeth 3 Bedroom Apartments | $1,657 | $1,099 | $2,145 |
Browse Top Apartments in Elizabeth
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Elizabeth, IN Local Guide
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Cheapest Available Elizabeth Apartments for Rent and Nearby
 The cheapest available apartment rental in Elizabeth, IN is a 1 Bed unit found at Iroquois Green in the Downtown Louisville neighborhood priced from $735. Broadleaf Arms in the Cloverleaf neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $759. Here is today’s list of the most affordable Elizabeth apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Iroquois Green | 1 Bedroom - With Balcony | 1BR,1BA | $735 |
Broadleaf Arms | One Bedroom One Bathroom | 1BR,1BA | $759 |
Southwood | 1 Bed, 1 bath | 1BR,1BA | $799 |
Miller Manor Apartments | 1 Bed | 1BR,1BA | $850 |
Manslick Meadows | Studios | Studio,1BA | $850 |
Best Value Apartments for Rent in Elizabeth, IN and Nearby
As of May 03, 2025 the best value apartment in the Elizabeth area is the $1.08 price per square foot 2 Bedroom Townhouse Model at 6121 Upper Hunters Trce in the in the South Louisville neighborhood starting from $1,350. The second greatest value Elizabeth apartment is the C1-60 Model at Riverport Landing Family Apartments starting at $1,392 with a $1.17 price per square foot in the Riverside Gardens neighborhood. Here is today’s list of the best values for Elizabeth apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
6121 Upper Hunters Trce | 2 Bedroom Townhouse | 2BR,1.5BA | $1.08 |
Riverport Landing Family Apartments | C1-60 | 3BR,2BA | $1.17 |
The Landing | 2 Beds, 2 baths | 2BR,2BA | $1.03 |
Cane Run Station | Two Bed One Bath February Special $100 Month | 2BR,1BA | $1.12 |
Bayshore Townhomes | Firefly | 2BR,1.5BA | $0.94 |
Newberry Parc | Two Bedroom | 2BR,2BA | $1.06 |
By the Park | Two bedroom | 2BR,1BA | $0.93 |
Miller Manor Apartments | 2 Bed | 2BR,1BA | $1.11 |
Broadleaf Arms | One Bedroom One Bathroom | 1BR,1BA | $0.95 |
Iroquois Green | 1 Bedroom - With Balcony | 1BR,1BA | $1.23 |
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Getting Around Elizabeth, IN
Walk Score®
3 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
10 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Elizabeth Apartments
How much is rent for a Cheap One Bedroom Elizabeth Apartment?
The lowest price for a Cheap One Bedroom Elizabeth Apartment is $735 at Iroquois Green.
What is the lowest price for a Cheap Two Bedroom Elizabeth Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Elizabeth is starting from $859 at Broadleaf Arms.
What is the most affordable Elizabeth Three Bedroom Apartment?
The best deal on a cheap Elizabeth Three Bedroom Apartment rental is at Southwood and starts from $1,099.
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.

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Louisville, Kentucky, founded in 1778, has grown to be the largest city in Kentucky and is a terrific city situated right along the south bank of the Ohio River.

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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.

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Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.