Cheap Apartments for Rent in Asbury Park, NJ from $1,000 (67 Rentals)

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

property at 644 Church St

$1,850 - $2,500

Studio To 2 Bedroom Rentals

Available Now

644 Church St

Asbury ParkNJ07712
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Stephen Manor
1 to 3 Bedroom Apartments

Stephen Manor

1100 Atlantic AveAsbury Park, NJ 07712
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407 8th Ave
Studio to 2 Bedroom Apartments

407 8th Ave

407 8th AveAsbury Park, NJ 07712

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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8th Ave Condos
Studio to 3 Bedroom Apartments

8th Ave Condos

315-317 8th AveAsbury Park, NJ 07712
Corporate Housing
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510-512 5th Ave
Studio to 1 Bedroom Apartments

510-512 5th Ave

510-512 5th AveAsbury Park, NJ 07712
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Minot Gardens
Studio to 1 Bedroom Apartments

Minot Gardens

400-402 3rd AveAsbury Park, NJ 07712
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Colleen Apartments
Studio to 1 Bedroom Apartments

Colleen Apartments

320 7th AveAsbury Park, NJ 07712
  • Utilities Included
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1266 Washington Ave
1 to 2 Bedroom Apartments

1266 Washington Ave

1266 Washington AveAsbury Park, NJ 07712
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Park Terrace Apartments
Studio to 1 Bedroom Apartments

Park Terrace Apartments

319 7th AveAsbury Park, NJ 07712
  • Utilities Included
property at 35 1/2 Olin St

$1,350 - $1,450

1 Bedroom Rentals

Available Now

35 1/2 Olin St

Ocean GroveNJ07756

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.

property at 19 Webb Ave

$1,750 - $2,950

1 To 4 Bedroom Rentals

Available Now

19 Webb Ave

Ocean GroveNJ07756

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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Seacrest Apartments
1 to 2 Bedroom Apartments

Seacrest Apartments

105 Mccabe AveBradley Beach, NJ 07720
  • Utilities Included
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Neptune Gardens
1 to 2 Bedroom Apartments

Neptune Gardens

300 Neptune BlvdNeptune, NJ 07753
  • Utilities Included
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Sylvania
1 Bedroom Apartments

Sylvania

96-98 W Sylvania AveNeptune City, 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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506 Brinley Ave
1 to 3 Bedroom Apartments

506 Brinley Ave

506 Brinley AveBradley Beach, NJ 07720
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Oxford Heights
1 to 2 Bedroom Apartments

Oxford Heights

308 W Sylvania AveNeptune City, NJ 07753
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Wanamassa Gardens
1 to 2 Bedroom Apartments

Wanamassa Gardens

1515 Allen AveOcean, NJ 07712
  • Utilities Included

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.

Asbury Park, NJ Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Asbury Park, NJ

Pricing Updated: 06/15/2026

Current apartment rentals in the Asbury Park, NJ area range in price from $1,437 to $12,500 with an overall median price of $8,405. The three Asbury Park neighborhoods with the lowest median rent pricing are Downtown Asbury Park at $1,437, Northeast Asbury Park at $1,437, and Northwest Asbury Park at $1,437. Here is today’s list of the top 7 neighborhoods with the lowest median pricing for Asbury Park Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Asbury Park$8,405$1,43751
Northeast Asbury Park$8,405$1,43741
Northwest Asbury Park$8,405$1,43741
Southeast Asbury Park$8,405$1,43751
Southwest Asbury Park$8,405$1,43750
Waterfront$8,405$1,43745
Westside$8,405$1,43748

Cheapest Available Asbury Park Apartments for Rent

 

The cheapest available apartment rental in Asbury Park, NJ is a Studio unit found at Holly House Apartments in the Waterfront neighborhood priced from $1,437. Twinbrook Village in the Wanamassa neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,675. Here is today’s list of the most affordable Asbury Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Holly House ApartmentsStudioStudio,1BA$1,437
Twinbrook Village1BR/1BA1BR,1BA$1,675
Middlebrook at Monmouth$2.20/sq.ft. - One Bedroom1BR,1BA$1,695
200 Deal Lake DriveStudioStudio,1BA$1,700
Oxford HeightsSpring Special 50% off second month! Spacious F...1BR,1BA$1,825
Munroe TowersFloorplan N1BR,1BA$1,940
Gables ApartmentsOne Bedroom w/ Dining Area1BR,1BA$2,135
501-511 Lake Ter2BR/1.0BA2BR,1BA$2,300
One Ocean ResidencesSeller/Light Renovated 1BD1BR,1BA$2,750
TWELVE17 Ocean AveLuxury 1BD1BR,1BA$2,850

Best Value Apartments for Rent in Asbury Park, NJ

As of June 15, 2026 the best value apartment in the Asbury Park area is the $2.05 price per square foot 2BR/1BA Model at Twinbrook Village in the in the Wanamassa neighborhood starting from $2,250. The second greatest value Asbury Park apartment is the One Bedroom Model at Surfside Crossing starting at $2,900 with a $2.64 price per square foot in the Downtown Asbury Park neighborhood. Here is today’s list of the best values for Asbury Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Twinbrook Village2BR/1BA2BR,1BA$2.05
Surfside CrossingOne Bedroom1BR,1BA$2.64
302 5th Avenue, Unit Apt 5302 5th Avenue1BR,1BA$3.33
501-511 Lake Ter2BR/1.0BA2BR,1BA$2.63
Gables ApartmentsOne Bedroom w/ Dining Area1BR,1BA$2.73
Middlebrook at Monmouth$2.20/sq.ft. - One Bedroom1BR,1BA$2.20
Oxford HeightsSpring Special 50% off second month! Spacious F...1BR,1BA$2.61
Munroe TowersFloorplan L1BR,1BA$3.04
200 Deal Lake Drive1 Bed / 1 Bath1BR,1BA$3.00
Holly House ApartmentsStudioStudio ,1BA$3.33

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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Asbury Park Overview

Long made famous in popular culture by Bruce Springsteen and a variety of other musician types, Asbury Park remains a magical location in the popular state of New Jersey. Home to scenic beaches, historic boardwalk landmarks, and plenty of unique, small town culture all its own, this slice of east coast life is a fantastic place to live, work and raise a family.

Why live in Asbury Park, NJ?

Flush with history, seaside beauty and plenty of artistic culture all its own, this boardwalk empire is an excellent locale for anyone in the market for a fresh New Jersey city to call their own. From bustling summers to relaxed autumn ambiance, Asbury Park rentals make an idyllic and charming domicile all year long. 

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

Explore Asbury Park, NJ Rentals by Map

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Frequently Asked Questions about Cheap Asbury Park Apartments

What is a cheap apartment in Asbury Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Asbury Park is under $2,850.

What is the price of a cheap apartment in Asbury Park?

The cheapest apartment in Asbury Park is Holly House Apartments which is listed at $1,539, while the average apartment in Asbury Park costs $8,405.

What types of apartments are the cheapest in Asbury Park?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 14 regular apartments in Asbury Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Asbury Park?

Cheap apartments in Asbury Park have an average cost of $186 which is $8,219 cheaper than the average rent for all rentals in Asbury Park.

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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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.

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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.