Cheap Apartments for Rent in Allenwood, NJ from $1,200 (33 Rentals)

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

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.

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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.

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Farmingdale Gardens
1 to 2 Bedroom Apartments

Farmingdale Gardens

35 W Main StFarmingdale, NJ 07727
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Gables Apartments
1 to 2 Bedroom Apartments

Gables Apartments

113 Walnut StNeptune, NJ 07753
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Showing Results 1-33, Page 1 of 1

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 Allenwood Terrace Apartments in the Wall Township neighborhood priced from $1,237. Pinewood Estates has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,595. Here is today’s list of the most affordable Allenwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Allenwood Terrace ApartmentsOne Bedroom1BR,1BA$1,237
Pinewood Estates1BR/1BA1BR,1BA$1,595
Pinewood Apartments1 BD 1 BTH1BR,1BA$1,685
Crossroads Manor Apartments1 Bedroom1BR,1BA$1,775
Ocean Park VillageThe Gardens 1 Bedroom1BR,1BA$1,875
Farmingdale Gardens1 Bedroom 1 Bath1BR,1BA$1,950
The Manor at Spring Lake, LLC1 Bedroom/1Bath1BR,1BA$1,985
Gables ApartmentsOne Bedroom w/ Dining Area1BR,1BA$2,135
Brick Estates Apartment Homes3182BR,1BA$2,300
New Visions at the Residence ClubThe Riptide1BR,1BA$2,300

Best Value Apartments for Rent in Allenwood, NJ and Nearby

As of June 08, 2026 the best value apartment in the Allenwood area is the $2.56 price per square foot 318 Model at Brick Estates Apartment Homes in the starting from $2,300. The second greatest value Allenwood apartment is the The Riptide Model at New Visions at the Residence Club starting at $2,300 with a $2.61 price per square foot . 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.
Brick Estates Apartment Homes3182BR,1.5BA$2.56
New Visions at the Residence ClubThe Riptide1BR,1BA$2.61
The Manor at Spring Lake, LLC1 Bedroom/1Bath1BR,1BA$2.36
Gables ApartmentsOne Bedroom w/ Dining Area1BR,1BA$2.73
Allenwood Terrace ApartmentsOne Bedroom1BR,1BA$1.64
Ocean Park VillageThe Gardens 1 Bedroom1BR,1BA$2.66
Farmingdale Gardens1 Bedroom 1 Bath1BR,1BA$2.91
Pinewood Estates1BR/1BA1BR,1BA$2.45
Pinewood Apartments1 BD 1 BTH1BR,1BA$2.59
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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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 $1,237 at Allenwood Terrace Apartments.

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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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.