
Cheap Apartments for Rent in the Downtown Asbury Park Neighborhood of Asbury Park, NJ from $1,000 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Asbury Park area of Asbury Park.


Springwood Apartments
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.

35 Olin St
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.

45 Pilgrim Pathway, Unit APT#2

35 Ocean Pathway

31 Atlantic Ave
Downtown Asbury Park, Asbury Park, NJ Local Guide

How much does it cost to rent an apartment in Downtown Asbury Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Asbury Park Studio Apartments | $1,910 | $1,362 | $2,700 |
Downtown Asbury Park 1 Bedroom Apartments | $2,463 | $1,350 | $5,500 |
Downtown Asbury Park 2 Bedroom Apartments | $2,916 | $2,100 | $5,700 |
Downtown Asbury Park 3 Bedroom Apartments | $3,325 | $3,100 | $3,500 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 1 mile radius of the Downtown Asbury Park Neighborhood of Asbury Park, NJ.
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Downtown Asbury Park, Asbury Park, NJ Local Guide
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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 $1,362. 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Holly House Apartments | Studio | Studio,1BA | $1,362 |
Springwood Apartments | Studio | Studio,1BA | $1,550 |
200 Deal Lake Drive | Studio | Studio,1BA | $1,795 |
1266 Washington Ave | 1 Bedroom | 1BR, | $1,850 |
Mariner Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,954 |
Best Value Apartments for Rent in Downtown Asbury Park, NJ
As of June 01, 2025 the best value apartment in the Downtown Asbury Park area is the $2.99 price per square foot One Bed One Bath with bath on Suite Model at SS Adams Luxury Rentals in the in the Waterfront neighborhood starting from $2,690. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
SS Adams Luxury Rentals | One Bed One Bath with bath on Suite | 1BR,1BA | $2.99 |
302 5th Avenue, Unit Apt 5 | 302 5th Avenue | 1BR,1BA | $3.33 |
501-511 Lake Ter | 2BR/1.0BA | 2BR,1BA | $2.85 |
Munroe Towers | Floorplan P | 1BR,1BA | $2.93 |
406 Deal Lake | 1BR/1.0BA | 1BR,1BA | $3.42 |
8th Ave Condos | 1BR/1.0BA | 1BR,1BA | $3.12 |
Mariner Apartments | 1 Bed, 1 bath | 1BR,1BA | $3.12 |
510 5th Ave | 1BR/1.0BA | 1BR,1BA | $3.66 |
200 Deal Lake Drive | Studio | Studio ,1BA | $3.59 |
Holly House Apartments | Studio | Studio ,1BA | $3.15 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleDowntown Asbury Park, Asbury Park, NJ
Ranked #1
Among neighborhoods in Asbury Park, NJ for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Downtown Asbury Park, Asbury Park, NJ
Thurgood Marshall Primary School
Dr. Martin Luther King Middle School
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 $2,300.
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 $1,795, while the average apartment in Downtown Asbury Park costs $3,350.
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.
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.