Cheap Apartments for Rent in Allenwood, NJ from $1,400 (29 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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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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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

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-29, 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 $1,458. 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$1,458
Pinewood Estates1BR/1BA1BR,1BA$1,595
Pinewood Apartments1 BD 1 BTH1BR,1BA$1,650
Crossroads Manor Apartments1 Bedroom1BR,1BA$1,775
Ocean Park VillageThe Gardens 1 Bedroom1BR,1BA$1,850
Farmingdale Gardens1 Bedroom 1 Bath1BR,1BA$1,950
The Manor at Spring Lake, LLC1 Bedroom/1Bath1BR,1BA$1,975
The Heights at Spring Lake1B-1B1BR,1BA$2,035
Gables ApartmentsOne Bedroom w/ Dining Area1BR,1BA$2,135
Kentwood Village$2.04/sq.ft. - Two Bedroom2BR,1BA$2,225

Best Value Apartments for Rent in Allenwood, NJ and Nearby

As of April 24, 2026 the best value apartment in the Allenwood area is the $2.04 price per square foot $2.04/sq.ft. - Two Bedroom Model at Kentwood Village in the in the Water's Edge at Point Pleasant neighborhood starting from $2,225. The second greatest value Allenwood apartment is the InteriorTwo Bedroom #406 Model at SS Adams Luxury Rentals starting at $2,800 with a $2.67 price per square foot in the Downtown Asbury Park 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.
Kentwood Village$2.04/sq.ft. - Two Bedroom2BR,1BA$2.04
SS Adams Luxury RentalsInteriorTwo Bedroom #4062BR,2BA$2.67
New Visions at the Residence ClubThe Riptide1BR,1BA$2.61
The Manor at Spring Lake, LLC1 Bedroom/1Bath1BR,1BA$2.35
Gables ApartmentsOne Bedroom w/ Dining Area1BR,1BA$2.73
Ocean Park VillageThe Lofts 1 Bedroom1BR,1BA$2.76
Pinewood Apartments1 BD 1 BTH1BR,1BA$2.54
Pinewood Estates1BR/1BA1BR,1BA$2.45
Crossroads Manor Apartments1 Bedroom1BR,1BA$2.75
Allenwood Terrace ApartmentsOne Bedroom1BR,1BA$2.65

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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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Explore Allenwood, NJ Rentals by Map

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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 $1,458 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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.