Cheap Apartments for Rent near Allenwood, NJ from $1,500 (44 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Farmingdale Gardens
1 to 2 Bedroom Apartments

Farmingdale Gardens

35 W Main StFarmingdale, NJ 07727
  • Utilities Included
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Gables Apartments
1 to 2 Bedroom Apartments

Gables Apartments

113 Walnut StNeptune, NJ 07753
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Allenwood, NJ Local Guide

Cheapest Available Allenwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Allenwood, NJ is a 1 Bed unit found at Pinewood Estates priced from $1,595. Crossroads Manor Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,775. Here is today’s list of the most affordable Allenwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Pinewood Estates1BR/1BA1BR,1BA$1,595
Crossroads Manor Apartments1 Bedroom1BR,1BA$1,775
Ocean Park VillageThe Gardens 1 Bedroom1BR,1BA$1,875
Farmingdale Gardens1 Bedroom 1 Bath1BR,1BA$1,950
Shenandoah Arms, LLC1 Bedroom/1 Bath1BR,1BA$1,975
Waterside Gardens2 Bed 1 Bath1BR,1BA$2,125
Gables ApartmentsOne Bedroom w/ Dining Area1BR,1BA$2,135
Jumping Brook Apartments1 Bed 1 Bath | PR Enhanced1BR,1BA$2,165
Kentwood Village$2.04/sq.ft. - Two Bedroom2BR,1BA$2,225
New Visions at the Residence ClubThe Riptide1BR,1BA$2,300

Best Value Apartments for Rent in Allenwood, NJ and Nearby

As of July 24, 2026 the best value apartment in the Allenwood area is the $2.30 price per square foot 1B-1.5B-SP Model at Brandywyne At Brielle, LLC in the in the Brielle neighborhood starting from $2,990. The second greatest value Allenwood apartment is the 2 BD / 1.5 BA Model at The Plaza at Belmar starting at $3,275 with a $2.80 price per square foot in the Belmar neighborhood. Here is today’s list of the best values for Allenwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Brandywyne At Brielle, LLC1B-1.5B-SP1BR,1.5BA$2.30
The Plaza at Belmar2 BD / 1.5 BA2BR,1.5BA$2.80
Kentwood Village$2.04/sq.ft. - Two Bedroom2BR,1BA$2.04
Waterside Gardens2 Bed 1 Bath1BR,1BA$2.13
New Visions at the Residence ClubThe Riptide1BR,1BA$2.61
Shenandoah Arms, LLC1 Bedroom/1 Bath1BR,1BA$2.48
Gables ApartmentsOne Bedroom w/ Dining Area1BR,1BA$2.73
Ocean Park VillageThe Lofts 1 Bedroom1BR,1BA$2.82
Pinewood Estates1BR/1BA1BR,1BA$2.45
Crossroads Manor Apartments1 Bedroom1BR,1BA$2.75

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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

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Frequently Asked Questions about Cheap Allenwood Apartments

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

The lowest price for a Cheap One Bedroom Allenwood Apartment is $1,595 at Pinewood Estates.

What is the lowest price for a Cheap Two Bedroom Allenwood Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Allenwood is starting from $2,000 at Crossroads Manor Apartments.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.