Cheap Apartments for Rent in the Downtown Asbury Park Neighborhood of Asbury Park, NJ from $1,023 (62 Rentals)

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

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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
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211 First Ave
Studio to 2 Bedroom Apartments

211 First Ave

211 1st AveAsbury Park, NJ 07712

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.

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Minot Gardens
Studio to 1 Bedroom Apartments

Minot Gardens

400-402 3rd AveAsbury Park, NJ 07712
property at 1700 Webb St

$1,800 - $3,400

Studio To 3 Bedroom Rentals

Available Now

1700 Webb St

Asbury ParkNJ07712
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1266 Washington Ave
1 to 2 Bedroom Apartments

1266 Washington Ave

1266 Washington AveAsbury Park, NJ 07712
property at 311 4th Ave

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950
Total Monthly Price
$1,950

1 Bedroom, 1 Bath Condo for Rent

Available Now

311 4th Ave, Unit 202

311 4th Ave
Asbury ParkNJ07712
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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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212 3rd Avenue
1 to 2 Bedroom Apartments

212 3rd Avenue

212 3rd AveAsbury Park, NJ 07712
  • Utilities Included
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510 5th Ave
Studio to 1 Bedroom Apartments

510 5th Ave

510-512 5th AveAsbury Park, NJ 07712
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319 7th Ave
Studio to 1 Bedroom Apartments

319 7th Ave

319 7th AveAsbury Park, NJ 07712
  • Utilities Included

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.

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property at 305 4th Ave

$2,250

Total Monthly Price

Total Monthly Price

Base Rent
$2,250
Total Monthly Price
$2,250

1 Bedroom, 1 Bath Condo for Rent

Available Now

305 4th Ave, Unit 202

305 4th Ave
Asbury ParkNJ07712
property at 7 Webb Ave

$1,850 - $2,000

1 To 2 Bedroom Rentals

Available Oct 1

7 Webb Ave

Ocean GroveNJ07756

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.

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Seacrest Apartments
1 to 2 Bedroom Apartments

Seacrest Apartments

105 Mccabe AveBradley Beach, NJ 07720
  • Utilities Included

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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506 Brinley Ave
1 to 3 Bedroom Apartments

506 Brinley Ave

506 Brinley AveBradley Beach, NJ 07720
  • Utilities Included

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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Showing Results 1-50, Page 1 of 2

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 $1,875. 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$1,875
201 LaReineStudio (renovated)Studio,1BA$1,900
Munroe TowersFloorplan N1BR,1BA$1,949
8th Ave Condos1BR/1.0BA1BR,1BA$2,050
Mariner ApartmentsOne Bedroom1BR,1BA$2,165
501-511 Lake Ter2BR/1.0BA2BR,1BA$2,300
406 Deal Lake1BR/1.0BA1BR,1BA$2,325
SS Adams Luxury RentalsInterior Two Bedroom2BR,2BA$2,900

Best Value Apartments for Rent in Downtown Asbury Park, NJ

As of August 30, 2026 the best value apartment in the Downtown Asbury Park area is the $2.64 price per square foot Interior Two Bedroom Model at SS Adams Luxury Rentals in the in the Downtown Asbury Park neighborhood starting from $2,900. The second greatest value Downtown Asbury Park apartment is the 2BD Model at Ludlow Partners LLC starting at $3,000 with a $3.00 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 RentalsInterior Two Bedroom2BR,2BA$2.64
Ludlow Partners LLC2BD2BR,1BA$3.00
302 5th Avenue, Unit Apt 5302 5th Avenue1BR,1BA$3.33
501-511 Lake Ter2BR/1.0BA2BR,1BA$2.63
Surfside CrossingModel E1BR,1BA$3.50
Munroe TowersFloorplan N1BR,1BA$2.83
Mariner ApartmentsOne Bedroom1BR,1BA$3.25
8th Ave Condos1BR/1.0BA1BR,1BA$3.24
200 Deal Lake Drive1 Bed / 1 Bath1BR,1BA$3.17
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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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.

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Best Local Schools in
Downtown Asbury Park, Asbury Park, NJ

School data provided by Great Schools

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 a cheap apartment in Downtown Asbury Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Asbury Park is under $2,900.

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

The cheapest apartment in Downtown Asbury Park is Holly House Apartments which is listed at $1,531, while the average apartment in Downtown Asbury Park costs $2,850.

What types of apartments are the cheapest in Downtown 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 2 regular apartments in Downtown 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 Downtown Asbury Park?

Cheap apartments in Downtown Asbury Park have an average cost of $239 which is $2,611 cheaper than the average rent for all rentals in Downtown 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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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.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.