
Cheap Apartments for Rent near Allenwood, NJ from $1,500 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in Allenwood.


Ocean Harbor Apartments, LLC

Waterside Gardens

Fairway Villas

Pinewood Apartments

Kentwood Village

Crossroads Manor Apartments

Waterway Apartments, LLC
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.

Ocean Park Village

Shenandoah Arms, LLC

The Manor at Spring Lake, LLC

Glen Wall Heights

Jumping Brook Apartments

The Heights at Spring Lake

Ocean Aire Apartments

New Visions at the Residence Club
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.

Brick Estates Apartment Homes

Point Beach Apartments

The Oaks

Homestead Gardens Apartments

Cascades at Tinton Falls

Sylvan Woods Howell

The Pointe at Neptune

The Waverly at Neptune
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.

Brandywyne At Brielle, LLC

SS Adams Luxury Rentals

The Vault at 900 Main

One Ocean Residences

Farmingdale Gardens

Cedar Pines Apartments

Gables Apartments

Hampshire Terrace Apartments
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.

108 Greenwood Loop Rd

1830 NJ-35

104 5th Ave Belmar

702 Baltimore Blvd

621 Essex Ave

336 Sawmill Rd

92 Sawmill Rd

Brandywyne East II, LLC
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.

119 6th Ave

1305 Allaire Rd

403 Simon Pl

323 E Main St
Allenwood, NJ Local Guide

How much does it cost to rent an apartment in Allenwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Allenwood Studio Apartments | $1,777 | $1,670 | $1,885 |
| Allenwood 1 Bedroom Apartments | $2,391 | $1,595 | $3,422 |
| Allenwood 2 Bedroom Apartments | $2,866 | $1,900 | $4,500 |
| Allenwood 3 Bedroom Apartments | $3,183 | $2,725 | $3,675 |
Browse Top Apartments in Allenwood
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Allenwood, NJ Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pinewood Estates | 1BR/1BA | 1BR,1BA | $1,595 |
| Crossroads Manor Apartments | 1 Bedroom | 1BR,1BA | $1,775 |
| Ocean Park Village | The Gardens 1 Bedroom | 1BR,1BA | $1,875 |
| Farmingdale Gardens | 1 Bedroom 1 Bath | 1BR,1BA | $1,950 |
| Shenandoah Arms, LLC | 1 Bedroom/1 Bath | 1BR,1BA | $1,975 |
| Waterside Gardens | 2 Bed 1 Bath | 1BR,1BA | $2,125 |
| Gables Apartments | One Bedroom w/ Dining Area | 1BR,1BA | $2,135 |
| Jumping Brook Apartments | 1 Bed 1 Bath | PR Enhanced | 1BR,1BA | $2,165 |
| Kentwood Village | $2.04/sq.ft. - Two Bedroom | 2BR,1BA | $2,225 |
| New Visions at the Residence Club | The Riptide | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Brandywyne At Brielle, LLC | 1B-1.5B-SP | 1BR,1.5BA | $2.30 |
| The Plaza at Belmar | 2 BD / 1.5 BA | 2BR,1.5BA | $2.80 |
| Kentwood Village | $2.04/sq.ft. - Two Bedroom | 2BR,1BA | $2.04 |
| Waterside Gardens | 2 Bed 1 Bath | 1BR,1BA | $2.13 |
| New Visions at the Residence Club | The Riptide | 1BR,1BA | $2.61 |
| Shenandoah Arms, LLC | 1 Bedroom/1 Bath | 1BR,1BA | $2.48 |
| Gables Apartments | One Bedroom w/ Dining Area | 1BR,1BA | $2.73 |
| Ocean Park Village | The Lofts 1 Bedroom | 1BR,1BA | $2.82 |
| Pinewood Estates | 1BR/1BA | 1BR,1BA | $2.45 |
| Crossroads Manor Apartments | 1 Bedroom | 1BR,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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Allenwood, NJ Rentals by Map
See the most popular apartments and homes in Allenwood, NJ
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

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.

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.

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.

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.