
Cheap Apartments for Rent in Elizabeth, MN from $500 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in Elizabeth.


Southmoor Apartments & Townhomes

Liberty Lights Apartments

Cedar Park Apartments

Southview Apartments

Courtyard Apartments on Belsly

Spruce Place Apartments

Carriage House Senior Apartments

Riverside Apartments

South Shore Landing

Westdale Apartments

The Colony

Courtyard Apartments

Horizon Shores Estates

Broadway Apartments

Cascade Apartments

River Bluff Apartments

Sunset Ridge Apartments

401 Tower RdApt

1203 34th St Cir S

815 Center St S
Elizabeth, MN Local Guide

How much does it cost to rent an apartment in Elizabeth?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Elizabeth Studio Apartments | $787 | $599 | $980 |
Elizabeth 1 Bedroom Apartments | $1,022 | $565 | $1,763 |
Elizabeth 2 Bedroom Apartments | $1,108 | $545 | $2,295 |
Elizabeth 3 Bedroom Apartments | $1,318 | $650 | $2,500 |
Elizabeth 4 Bedroom Apartments | $1,245 | $1,245 | $1,245 |
Browse Top Apartments in Elizabeth
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Elizabeth, MN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Prairie Park Fairmount Apartments | 2 Beds, 1 bath | 2BR,1BA | $545 |
Heritage Square | 1 Bed, 1 bath | 1BR,1BA | $575 |
Liberty Lights Apartments | 1 Bedroom | 1BR,1BA | $639 |
Southview Apartments | 2 Bed/1 Bath | 2BR,1BA | $650 |
Courtyard Apartments on Belsly | Studio | Studio,1BA | $660 |
Spruce Place Apartments | 2 Bedroom | Spruce Place | 2BR,1BA | $720 |
The Colony | Robin | Studio,1BA | $840 |
Cedar Park Apartments | 2 Bed 1 Bath | 2BR,1BA | $850 |
Courtyard Apartments | Studio | Studio,1BA | $850 |
Colonial Village Apartments | Colonial: 2 Bedroom Apt | 2BR,1BA | $920 |
Best Value Apartments for Rent in Elizabeth, MN and Nearby
As of April 15, 2025 the best value apartment in the Elizabeth area is the $1.07 price per square foot 1501-2B 2 Model at Crossings at Water's Edge in the in the Hawthorne neighborhood starting from $1,300. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Crossings at Water's Edge | 1501-2B 2 | 2BR,2BA | $1.07 |
Waterstone Apartments | 2 Bedroom, 1 Bathroom | 2BR,1BA | $1.04 |
Prairie Park Fairmount Apartments | 3 Beds, 1 bath | 3BR,1BA | $0.67 |
Colonial Village Apartments | Colonial: 2 Bedroom Apt | 2BR,1BA | $1.08 |
Cedar Park Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.01 |
Huntington Pointe Apartments | 1 Bed/1 Bath | 1BR,1BA | $1.27 |
Spruce Place Apartments | 2 Bedroom | Spruce Place | 2BR,1BA | $1.00 |
Westdale Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.25 |
Southview Apartments | 2 Bed/1 Bath | 2BR,1BA | $0.93 |
Liberty Lights Apartments | 1 Bedroom | 1BR,1BA | $1.22 |
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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
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
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.

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 & 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.

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.