Cheap Apartments for Rent in the Downtown Asbury Park Neighborhood of Asbury Park, NJ from $1,000 (12 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

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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400 3rd Ave
Studio to 1 Bedroom Apartments

400 3rd Ave

400-402 3rd AveAsbury Park, NJ 07712
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300 Emory St
Studio to 2 Bedroom Apartments

300 Emory St

300 Emory StAsbury Park, NJ 07712
  • Utilities Included
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Seacrest Apartments
1 to 2 Bedroom Apartments

Seacrest Apartments

105 Mccabe AveBradley Beach, NJ 07720
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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.

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. Springwood Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,550. 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
Springwood ApartmentsStudioStudio,1BA$1,550
200 Deal Lake DriveStudioStudio,1BA$1,800
201 LaReineStudio (renovated)Studio,1BA$1,900
Mariner Apartments1 Bed, 1 bath1BR,1BA$1,954

Best Value Apartments for Rent in Downtown Asbury Park, NJ

As of October 06, 2025 the best value apartment in the Downtown Asbury Park area is the $0.88 price per square foot 33 Broadway Model at 33 Broadway, Unit 3 in the in the Waterfront neighborhood starting from $1,850. The second greatest value Downtown Asbury Park apartment is the Corner Two Bedroom Two bath Model at SS Adams Luxury Rentals starting at $3,300 with a $3.00 price per square foot in the Downtown Asbury Park 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.
33 Broadway, Unit 333 Broadway2BR,1BA$0.88
SS Adams Luxury RentalsCorner Two Bedroom Two bath2BR,2BA$3.00
401 Sewall Ave, Unit 2401 Sewall Ave3BR,1BA$2.91
501-511 Lake Ter2BR/1.0BA2BR,1BA$2.85
Munroe TowersFloorplan P1BR,1BA$3.15
406 Deal Lake1BR/1.0BA1BR,1BA$3.13
8th Ave Condos1BR/1.0BA1BR,1BA$3.21
Mariner Apartments1 Bed, 1 bath1BR,1BA$3.12
212 3rd Avenue1BR/1.0BA1BR,1BA$3.45
Holly House ApartmentsStudioStudio ,1BA$3.33

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Pet Friendly Lifestyle
Downtown Asbury Park, Asbury Park, NJ

Ranked #1

Among cities in New Jersey for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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 $2,188.

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 $1,539, while the average apartment in Downtown Asbury Park costs $15,000.

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 $130 which is $14,870 cheaper than the average rent for all rentals in Downtown Asbury Park.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.