
Cheap Homes for Rent in Downtown Asbury Park Neighborhood of Asbury Park, NJ from $1,500 (26 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Asbury Park area of Asbury Park.


35 Ocean Pathway

65 Mt Hermon Way

25 Surf Ave

87 Cookman Ave

908 Main St
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.

315-317 8th Ave

132 Heck Ave

124 Main Ave

100 Mt Tabor Way

109 Mt Tabor Way

147 Broadway
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.

77 Abbott Ave

124 Broadway

113 Central Ave

608 Lareine Ave

119 Pilgrim Pathway

82 Inskip Ave
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.

148 Heck Ave

22 Atlantic Ave

133 Mt Tabor Way

26 Atlantic Ave

59 Kingsley Pl

69 Mt Tabor Way
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.

400 Deal Lake Dr

1700 Webb St
Downtown Asbury Park, Asbury Park, NJ Local Guide

How much does it cost to rent a home in Downtown Asbury Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Asbury Park 2 Bedroom Homes for Rent | $4,338 | $1,900 | $10,000+ |
| Downtown Asbury Park 3 Bedroom Homes for Rent | $5,198 | $2,200 | $10,000+ |
| Downtown Asbury Park 4 Bedroom Homes for Rent | $7,956 | $2,500 | $10,000+ |
| Downtown Asbury Park 5 Bedroom Homes for Rent | $7,847 | $2,500 | $10,000+ |
| Downtown Asbury Park 6 Bedroom Homes for Rent | $5,675 | $3,700 | $7,500 |
| Downtown Asbury Park 7 Bedroom Homes for Rent | $8,733 | $7,200 | $9,700 |
Browse Homes for Rent in this Neighborhood
There are currently 26 rentals with your search options within a 1 mile radius of the Downtown Asbury Park Neighborhood of Asbury Park, NJ.
Explore 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. 200 Deal Lake Drive has the second lowest priced unit, which is a Studio apartment currently listed from $1,700. 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 |
| 200 Deal Lake Drive | Studio | Studio,1BA | $1,700 |
| Munroe Towers | Floorplan N | 1BR,1BA | $2,004 |
| 501-511 Lake Ter | 2BR/1.0BA | 2BR,1BA | $2,300 |
| 211 First Ave | 2BR/1.0BA | 2BR,1BA | $2,750 |
| TWELVE17 Ocean Ave | Luxury 1BD | 1BR,1BA | $2,850 |
| Surfside Crossing | One Bedroom | 1BR,1BA | $2,900 |
| Surfhouse Asbury Park | A1M3 - Balcony | 1BR,1BA | $3,250 |
Best Value Apartments for Rent in Downtown Asbury Park, NJ
As of June 19, 2026 the best value apartment in the Downtown Asbury Park area is the $2.64 price per square foot One Bedroom Model at Surfside Crossing in the in the Downtown Asbury Park neighborhood starting from $2,900. 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. |
|---|---|---|---|
| Surfside Crossing | One Bedroom | 1BR,1BA | $2.64 |
| 302 5th Avenue, Unit Apt 5 | 302 5th Avenue | 1BR,1BA | $3.33 |
| 501-511 Lake Ter | 2BR/1.0BA | 2BR,1BA | $2.63 |
| 211 First Ave | 2BR/1.0BA | 2BR,1BA | $3.56 |
| TWELVE17 Ocean Ave | Luxury 1BD | 1BR,1BA | $3.90 |
| Munroe Towers | Floorplan L | 1BR,1BA | $3.13 |
| 8th Ave Condos | 1BR/1.0BA | 1BR,1BA | $3.40 |
| 212 3rd Avenue | 1BR/1.0BA | 1BR,1BA | $3.49 |
| 200 Deal Lake Drive | 1 Bed / 1 Bath | 1BR,1BA | $3.00 |
| Holly House Apartments | Studio | Studio ,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.
Read ArticleReal 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.
Read ArticleQuick 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.
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
Frequently Asked Questions about Downtown Asbury Park
What type of rentals are currently available in Downtown Asbury Park?
There are currently 354 Apartments for Rent in Downtown Asbury Park, NJ with pricing that ranges from $1,437 to $12,500. There are also 138 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Asbury Park ranging from $1,500 to $40,000.
What is the current price range for Rental Homes in Downtown Asbury Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Asbury Park ranges from $1,500 to $40,000 with an average monthly rent of $6,832.
How much are larger Three and Four Bedroom Rentals in Downtown Asbury Park?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Asbury Park range from $3,100 to $12,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $35,000. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $3,200.
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

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.