Cheap Homes for Rent in Downtown Asbury Park Neighborhood of Asbury Park, NJ from $1,600 (29 Rentals)

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

property at 500 Deal Lake Dr

500 Deal Lake Dr

Asbury ParkNJ07712
property at 302 Fifth Ave

302 Fifth Ave

Asbury ParkNJ07712

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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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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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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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 1-29, Page 1 of 1

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 Studio apartment currently listed from $1,650. 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 DriveStudioStudio,1BA$1,650
Munroe TowersFloorplan P1BR,1BA$1,827
8th Ave Condos1BR/1.0BA1BR,1BA$1,938
406 Deal Lake1BR/1.0BA1BR,1BA$2,100
Mariner ApartmentsOne Bedroom1BR,1BA$2,105
400 3rd Ave1BR/1.0BA1BR,1BA$2,192
211 First Ave1BR/1.0BA1BR,1BA$2,200
201 LaReine1 BD (renovated)1BR,1BA$2,200
212 3rd Avenue1BR/1.0BA1BR,1BA$2,200

Best Value Apartments for Rent in Downtown Asbury Park, NJ

As of December 13, 2025 the best value apartment in the Downtown Asbury Park area is the $3.07 price per square foot Rear Corner Two Bedroom #202 & 302 Model at SS Adams Luxury Rentals in the in the Downtown Asbury Park neighborhood starting from $3,375. The second greatest value Downtown Asbury Park apartment is the Floorplan P Model at Munroe Towers starting at $1,827 with a $2.63 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.
SS Adams Luxury RentalsRear Corner Two Bedroom #202 & 3022BR,2BA$3.07
Munroe TowersFloorplan P1BR,1BA$2.63
406 Deal Lake1BR/1.0BA1BR,1BA$3.09
320 7th Ave1BR/1.0BA1BR,1BA$3.25
Mariner ApartmentsOne Bedroom1BR,1BA$3.16
212 3rd Avenue1BR/1.0BA1BR,1BA$3.53
8th Ave Condos1BR/1.0BA1BR,1BA$3.17
400 3rd Ave1BR/1.0BA1BR,1BA$3.59
200 Deal Lake Drive1 Bed / 1 Bath1BR,1BA$3.08
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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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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Best Local Schools in
Downtown Asbury Park, Asbury Park, NJ

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 350 Apartments for Rent in Downtown Asbury Park, NJ with pricing that ranges from $1,156 to $9,235. There are also 132 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Asbury Park ranging from $1,600 to $35,000.

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 $1,600 to $35,000 with an average monthly rent of $5,674.

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 $2,950 to $5,150, 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 $2,950.

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

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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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.