
Cheap Apartments for Rent in the Downtown Asbury Park Neighborhood of Asbury Park, NJ from $1,000 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Asbury Park area of Asbury Park.


Springwood Apartments

200 Deal Lake Drive
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.

63 Delaware Ave

13 Main Ave
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

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 | $2,238 | $1,437 | $3,100 |
Downtown Asbury Park 1 Bedroom Apartments | $2,630 | $1,539 | $3,975 |
Downtown Asbury Park 2 Bedroom Apartments | $3,231 | $1,850 | $5,750 |
Downtown Asbury Park 3 Bedroom Apartments | $4,209 | $2,250 | $6,610 |
Downtown Asbury Park 4 Bedroom Apartments | $15,000 | $10,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 1 mile radius of the Downtown Asbury Park Neighborhood of Asbury Park, NJ.
See all Apartments in Asbury ParkExplore Asbury Park
Downtown Asbury Park, Asbury Park, NJ Local Guide
- Nearby Asbury Park neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Holly House Apartments | Studio | Studio,1BA | $1,437 |
Springwood Apartments | Studio | Studio,1BA | $1,550 |
200 Deal Lake Drive | Studio | Studio,1BA | $1,800 |
201 LaReine | Studio (renovated) | Studio,1BA | $1,900 |
Mariner Apartments | 1 Bed, 1 bath | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
33 Broadway, Unit 3 | 33 Broadway | 2BR,1BA | $0.88 |
SS Adams Luxury Rentals | Corner Two Bedroom Two bath | 2BR,2BA | $3.00 |
401 Sewall Ave, Unit 2 | 401 Sewall Ave | 3BR,1BA | $2.91 |
501-511 Lake Ter | 2BR/1.0BA | 2BR,1BA | $2.85 |
Munroe Towers | Floorplan P | 1BR,1BA | $3.15 |
406 Deal Lake | 1BR/1.0BA | 1BR,1BA | $3.13 |
8th Ave Condos | 1BR/1.0BA | 1BR,1BA | $3.21 |
Mariner Apartments | 1 Bed, 1 bath | 1BR,1BA | $3.12 |
212 3rd Avenue | 1BR/1.0BA | 1BR,1BA | $3.45 |
Holly House Apartments | Studio | Studio ,1BA | $3.33 |
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.
Pet Friendly LifestyleDowntown Asbury Park, Asbury Park, NJ
Ranked #1
Among cities in New Jersey 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 $2,188.
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.

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.