Cheap Apartments for Rent in the Downtown Asbury Park Neighborhood of Asbury Park, NJ from $1,000 (63 Rentals)

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

property at 644 Church St

$1,850 - $2,500

Studio To 2 Bedroom Rentals

Available Now

644 Church St

Asbury ParkNJ07712
property at 1014 Fifth Ave

$2,295 - $2,500

1 To 2 Bedroom Rentals

Available Now

1014 Fifth 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.

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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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510 5th Ave
Studio to 1 Bedroom Apartments

510 5th Ave

510-512 5th AveAsbury Park, NJ 07712
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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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320 7th Ave
Studio to 1 Bedroom Apartments

320 7th Ave

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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8th Ave Condos
Studio to 3 Bedroom Apartments

8th Ave Condos

315-317 8th AveAsbury Park, NJ 07712
Corporate Housing

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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319 7th Ave
Studio to 1 Bedroom Apartments

319 7th Ave

319 7th AveAsbury Park, NJ 07712
  • Utilities Included
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527 Bangs Ave
Studio to 2 Bedroom Apartments

527 Bangs Ave

527 Bangs AveAsbury Park, NJ 07712
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404 5th Ave
1 Bedroom Apartments

404 5th Ave

404 5th AveAsbury Park, NJ 07712
  • Utilities Included
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The Steinbach Building
Studio to 2 Bedroom Apartments

The Steinbach Building

300 Emory StAsbury 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
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

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
  • 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.

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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 1 Bed apartment currently listed from $1,800. 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 Drive1 Bed / 1 Bath1BR,1BA$1,800
Munroe TowersFloorplan P1BR,1BA$1,880
501-511 Lake Ter2BR/1.0BA2BR,1BA$2,300
42 Pilgrim Pathway2/22BR,2BA$3,350
Surfhouse Asbury ParkA2 - Terrace1BR,1BA$3,550

Best Value Apartments for Rent in Downtown Asbury Park, NJ

As of May 31, 2026 the best value apartment in the Downtown Asbury Park area is the $4.95 price per square foot D1M1 - Juliet Balcony Model at Surfhouse Asbury Park in the in the Waterfront neighborhood starting from $5,935. 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.
Surfhouse Asbury ParkD1M1 - Juliet Balcony3BR,2BA$4.95
302 5th Avenue, Unit Apt 5302 5th Avenue1BR,1BA$3.33
501-511 Lake Ter2BR/1.0BA2BR,1BA$2.63
42 Pilgrim Pathway2/22BR,2BA$4.19
Munroe TowersFloorplan L1BR,1BA$2.94
200 Deal Lake Drive1 Bed / 1 Bath1BR,1BA$3.00
45 Pilgrim Pathway, Unit APT#345 Pilgrim Pathway2BR,1BA$4.10
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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Best Local Schools in
Downtown Asbury Park, Asbury Park, NJ

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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 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 $8,500.

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 $8,261 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

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.