Cheap Apartments for Rent in Elizabeth, MN from $500 (36 Rentals)

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Silver Birch
1 Bedroom Apartments

Silver Birch

303 Washington AveDetroit Lakes, MN 56501
Senior Living
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Goldenwood
1 Bedroom Apartments

Goldenwood

1145 Friberg AveFergus Falls, MN 56537
Senior Living
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511 Carolina Ave
2 Bedroom Apartments

511 Carolina Ave

511 Carolina AveHoffman, MN 56339
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Marigold Apartments
1 Bedroom Apartments

Marigold Apartments

110 Union St EDetroit Lakes, MN 56501
Senior Living
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Page House
1 Bedroom Apartments

Page House

221 E Cavour AveFergus Falls, MN 56537
Senior Living
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Silverleaf Apartments
1 Bedroom Apartments

Silverleaf Apartments

124 E Summit AveFergus Falls, MN 56537
Senior Living
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Finlandia Apartments
1 Bedroom Apartments

Finlandia Apartments

107 Edgewood StNew York Mills, MN 56567
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305 N Clayborn Ave
1 Bedroom Apartments

305 N Clayborn Ave

305 N Clayborn AveParkers Prairie, MN 56361
  • Utilities Included

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.

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Del Rose Apartments
2 Bedroom Apartments

Del Rose Apartments

504 3rd Ave NWahpeton, ND 58075
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Aspen Green II
1 to 2 Bedroom Apartments

Aspen Green II

720 Melody LnFergus Falls, MN 56537
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Pleasant View Manor
1 Bedroom Apartments

Pleasant View Manor

303 1st St SWGlyndon, MN 56547
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Heritage Manor
1 Bedroom Apartments

Heritage Manor

105 Edgewood StNew York Mills, MN 56567
Senior Living
  • Utilities Included

Elizabeth, MN Local Guide

Cheapest Available Elizabeth Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elizabeth, MN is a 2 Beds unit found at Prairie Park Fairmount Apartments priced from $545. Heritage Square has the second lowest priced unit, which is a 1 Bed apartment currently listed from $575. Here is today’s list of the most affordable Elizabeth apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Prairie Park Fairmount Apartments2 Beds, 1 bath2BR,1BA$545
Heritage Square1 Bed, 1 bath1BR,1BA$575
Courtyard Apartments on BelslyStudioStudio,1BA$660
Southmoor Apartments & Townhomes2 Bedroom 2 Bath2BR,2BA$670
Spruce Place Apartments2 Bedroom | Laurel Place2BR,1BA$765
Center Street ApartmentsWahp 2 bed2BR,1BA$795
Liberty Lights Apartments3 Bedroom3BR,1BA$795
Cedar Park Apartments2 Bed 1 Bath2BR,1BA$850
The Fairways1BR/1BA1BR,1BA$950
Huntington Pointe Apartments1 Bed/1 Bath1BR,1BA$950

Best Value Apartments for Rent in Elizabeth, MN and Nearby

As of May 13, 2025 the best value apartment in the Elizabeth area is the $1.07 price per square foot 2 Bed 2 Bath | 1170sf Model at Eaglebrook Apartments in the in the Stone Bridge neighborhood starting from $1,250. The second greatest value Elizabeth apartment is the 2 Bedroom, 1 Bathroom Model at Waterstone Apartments starting at $1,050 with a $1.04 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.
Eaglebrook Apartments2 Bed 2 Bath | 1170sf2BR,2BA$1.07
Waterstone Apartments2 Bedroom, 1 Bathroom2BR,1BA$1.04
River Bluff Apartments2 Bedroom 1 Bathroom2BR,1BA$1.01
Southmoor Apartments & Townhomes2 Bedroom 2 Bath2BR,2BA$0.69
Prairie Park Fairmount Apartments3 Beds, 1 bath3BR,1BA$0.67
Spruce Place Apartments2 Bedroom | Laurel Place2BR,1BA$0.85
Colonial Village ApartmentsColonial: 2 Bedroom Apt2BR,1BA$1.23
Cedar Park Apartments2 Bed 1 Bath2BR,1BA$1.01
Center Street ApartmentsWahp 2 bed2BR,1BA$0.99
Liberty Lights Apartments3 Bedroom3BR,1BA$0.99

Quick Rent Budget Calculator

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

Explore Elizabeth, MN Rentals by Map

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Getting Around Elizabeth, MN

Walk Score®

23 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

22 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Elizabeth Apartments

What is the Cheapest Studio apartment in Elizabeth?

Currently the most affordable Cheap Studio Apartment in Elizabeth is at Courtyard Apartments on Belsly listed at $660.

How much is rent for a Cheap One Bedroom Elizabeth Apartment?

The lowest price for a Cheap One Bedroom Elizabeth Apartment is $575 at Heritage Square.

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 $545 at Prairie Park Fairmount Apartments.

What is the most affordable Elizabeth Three Bedroom Apartment?

The best deal on a cheap Elizabeth Three Bedroom Apartment rental is at Prairie Park Fairmount Apartments and starts from $650.

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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

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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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

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.