12611 E Orell Rd
LouisvilleKY40272
Cheap Homes for Rent in Elizabeth, IN from $700 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Elizabeth.
12617 E Orell Rd
LouisvilleKY40272
10404 Greentree Ln
LouisvilleKY40272
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
4808 Saddlebrook Ln
LouisvilleKY40216
6503 Elmwood St
LouisvilleKY40216
6804 Yuma Way
LouisvilleKY40258
Louisville's Best Affordable Neighborhoods
Learn about Louisville with original content written by our Louisville, KY Local Expert, Mike Heuer
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Elizabeth, IN Local Guide
Elizabeth by Chris Flook is licensed under CC BY 4.0
How much does it cost to rent a home in Elizabeth?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elizabeth 2 Bedroom Homes for Rent | $1,166 | $925 | $1,499 |
| Elizabeth 3 Bedroom Homes for Rent | $1,541 | $1,200 | $2,145 |
| Elizabeth 4 Bedroom Homes for Rent | $1,825 | $1,645 | $2,100 |
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Explore Elizabeth
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. Southwood in the South Louisville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. 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 |
| Southwood | 1 Bed, 1 bath | 1BR,1BA | $799 |
| Broadleaf Arms | One Bedroom One Bathroom | 1BR,1BA | $825 |
Best Value Apartments for Rent in Elizabeth, IN and Nearby
As of April 17, 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 3 x 1.5 Pixie C1 Model at Bayshore Townhomes starting at $1,035 with a $0.93 price per square foot in the South Louisville 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 |
| Bayshore Townhomes | 3 x 1.5 Pixie C1 | 3BR,1.5BA | $0.93 |
| Chapman Crossing | 2 Bedroom | 2BR,1BA | $1.14 |
| Cane Run Station | Two Bed One Bath February Special $100 Month | 2BR,1BA | $1.12 |
| By the Park | Two bedroom | 2BR,1BA | $1.00 |
| Walnut Grove | 2 Bedroom, 1.5 Bathroom Extended | 2BR,1.5BA | $1.20 |
| Paddocks at Ridge Park | 2.1 | 2BR,1BA | $1.12 |
| Broadleaf Arms | One Bedroom One Bathroom | 1BR,1BA | $1.03 |
| Richardson 52 Apartments | 1 BED / 1 BATH | 1BR,1BA | $1.13 |
| Iroquois Green | 1 Bedroom - With Balcony | 1BR,1BA | $1.23 |
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Frequently Asked Questions about Elizabeth
What type of rentals are currently available in Elizabeth?
There are currently 43 Apartments for Rent in Elizabeth, IN with pricing that ranges from $675 to $2,299. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elizabeth ranging from $725 to $2,145.
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 $725 to $2,145 with an average monthly rent of $1,368.
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 $1,035 to $2,299, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $2,145. Four Bedroom Single-Family rentals are also available starting from $1,645 and Four Bedroom Apartments start at $1,755.
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.
The 10 Best Affordable Neighborhoods for Renting in Louisville, KY
Written by: Mike Heuer
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.
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.
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.
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.