Elizabeth Way is a road in northeast Cambridge, England. It is designated the A1134 and forms part of Cambridge's inner ring road. At the northern end is a roundabout forming a junction with Milton Road (continuing the A1134 to the left and as the A1309 northeast out of Cambridge to the right). Near the north end is another roundabout linking with Chesterton Road (the A1303) to the west. At the southern end there is a roundabout that links with East Road (part of the A603, continuing the inner ring road southeast) and Newmarket Road (also part of the A1134, leading east out of the city).
Just north of the Newmarket Road roundabout to the west is a former site of Cambridge Regional College, a further education college now located on Kings Hedges Road; before the Regional College was there, the site was a school. As of 2011, the site is under development for residential use. The houses on Elizabeth Way are mainly terraced and semi-detached.
Midsummer Fair was granted in 1211 and held in June each year on Midsummer Common in the area around the modern Elizabeth Way. It is now a modern travelling funfair.
The northern part of the road in Chesterton was known as Haig Road and Cam Road, before it was linked across the River Cam by Elizabeth Way Bridge. Elizabeth Way is named after Queen Elizabeth II.