Cheap Apartments for Rent in the Downtown Asbury Park Neighborhood of Asbury Park, NJ from $1,000 (62 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 644 Church St

$1,750 - $2,500

Studio To 2 Bedroom Rentals

Available Now

644 Church St

Asbury ParkNJ07712
property at 817 Drummond Ave

$2,000 - $5,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000 - $5,000

Total Monthly Price
$2,000 - $5,000

1 To 3 Bedroom Homes for Rent

Available Now

817 Drummond Ave

Asbury ParkNJ07712

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.

property at 406 4th Ave

$2,200 - $2,300

1 Bedroom Rentals

Available Now

406 4th Ave

Asbury ParkNJ07712
close
View Me
Stephen Manor
1 to 3 Bedroom Apartments

Stephen Manor

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

407 8th Ave

407 8th AveAsbury Park, NJ 07712
close
View Me
320 7th Ave
Studio to 1 Bedroom Apartments

320 7th Ave

320 7th AveAsbury Park, NJ 07712
  • Utilities Included
close
View Me
510 5th Ave
Studio to 1 Bedroom Apartments

510 5th Ave

510-512 5th AveAsbury Park, NJ 07712

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.

close
View Me
1266 Washington Ave
1 to 2 Bedroom Apartments

1266 Washington Ave

1266 Washington AveAsbury Park, NJ 07712
close
View Me
212 3rd Avenue
1 to 2 Bedroom Apartments

212 3rd Avenue

212 3rd AveAsbury Park, NJ 07712
  • Utilities Included
close
View Me
400 3rd Ave
Studio to 1 Bedroom Apartments

400 3rd Ave

400-402 3rd AveAsbury Park, NJ 07712
close
View Me
319 7th Ave
Studio to 1 Bedroom Apartments

319 7th Ave

319 7th AveAsbury Park, NJ 07712
  • Utilities Included
close
View Me
211 First Ave
Studio to 2 Bedroom Apartments

211 First Ave

211 1st AveAsbury Park, NJ 07712
close
View Me
8th Ave Condos
Studio to 3 Bedroom Apartments

8th Ave Condos

315-317 8th AveAsbury Park, NJ 07712
Corporate Housing
close
View Me
527 Bangs Ave
Studio to 2 Bedroom Apartments

527 Bangs Ave

527 Bangs AveAsbury Park, NJ 07712
property at 1609 W Lake Ave

$1,156

1 Bedroom, 1 Bath Home for Rent

Available Now

1609 W Lake Ave

Neptune CityNJ07753
property at 35 1/2 Olin St

$1,350 - $1,450

1 Bedroom Rentals

Available Now

35 1/2 Olin St

Ocean GroveNJ07756

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.

property at 19 Webb Ave

$1,750 - $3,500

1 To 4 Bedroom Rentals

Available Now

19 Webb Ave

Ocean GroveNJ07756
close
View Me
Seacrest Apartments
1 to 2 Bedroom Apartments

Seacrest Apartments

105 Mccabe AveBradley Beach, NJ 07720
  • 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.

close
View Me
506 Brinley Ave
1 to 3 Bedroom Apartments

506 Brinley Ave

506 Brinley AveBradley Beach, NJ 07720
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Downtown Asbury Park, Asbury Park, NJ Local Guide

Cheapest Available Downtown Asbury Park Apartments for Rent

 

The cheapest available apartment rental in the Downtown Asbury Park area of Asbury Park, NJ is a Studio unit found at Holly House Apartments priced from $1,437. 200 Deal Lake Drive has the second lowest priced unit, which is a Studio apartment currently listed from $1,700. Here are the most affordable Downtown Asbury Park apartments for rent in Asbury Park, NJ:

Apartment ListingModel NameBed/BathPriced From
Holly House ApartmentsStudioStudio,1BA$1,437
200 Deal Lake DriveStudioStudio,1BA$1,700
201 LaReineStudio (renovated)Studio,1BA$1,700
320 7th Ave0BR/1.0BAStudio,1BA$1,725
510 5th Ave1BR/1.0BA1BR,1BA$1,800
Munroe TowersFloorplan N1BR,1BA$1,923
406 Deal Lake1BR/1.0BA1BR,1BA$2,075
212 3rd Avenue1BR/1.0BA1BR,1BA$2,150
400 3rd Ave1BR/1.0BA1BR,1BA$2,175

Best Value Apartments for Rent in Downtown Asbury Park, NJ

As of April 15, 2026 the best value apartment in the Downtown Asbury Park area is the $2.67 price per square foot InteriorTwo Bedroom #406 Model at SS Adams Luxury Rentals in the in the Downtown Asbury Park neighborhood starting from $2,800. The second greatest value Downtown Asbury Park apartment is the 302 5th Avenue Model at 302 5th Avenue, Unit Apt 5 starting at $3,000 with a $3.33 price per square foot in the Waterfront neighborhood. Here is today’s list of the best values for Downtown Asbury Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
SS Adams Luxury RentalsInteriorTwo Bedroom #4062BR,2BA$2.67
302 5th Avenue, Unit Apt 5302 5th Avenue1BR,1BA$3.33
501-511 Lake Ter2BR/1.0BA2BR,1BA$2.63
406 Deal Lake1BR/1.0BA1BR,1BA$2.77
Munroe TowersFloorplan D1BR,1BA$3.12
212 3rd Avenue1BR/1.0BA1BR,1BA$3.45
400 3rd Ave1BR/1.0BA1BR,1BA$3.57
200 Deal Lake Drive1 Bed / 1 Bath1BR,1BA$3.00
510 5th Ave1BR/1.0BA1BR,1BA$3.70
Holly House ApartmentsStudioStudio ,1BA$3.33

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.

Read Article
Decorative image

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 Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, metropolitan areas, and rental properties across New Jersey and customized analysis for Central Asbury Park. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, transit availability, pet-friendly communities, family-friendly amenities, and more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Downtown Asbury Park Apartments

What is the Cheapest Studio apartment in Downtown Asbury Park?

Currently the most affordable Cheap Studio Apartment in Downtown Asbury Park is at Holly House Apartments listed at $1,437.

How much is rent for a Cheap One Bedroom Downtown Asbury Park Apartment?

The lowest price for a Cheap One Bedroom Downtown Asbury Park Apartment is $1,539 at Holly House Apartments.

What is the lowest price for a Cheap Two Bedroom Downtown Asbury Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Asbury Park is starting from $2,300 at 501-511 Lake Ter.

What is the most affordable Downtown Asbury Park Three Bedroom Apartment?

The best deal on a cheap Downtown Asbury Park Three Bedroom Apartment rental is at Surfhouse Asbury Park and starts from $5,400.

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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.