Cheap Homes for Rent in Downtown Asbury Park Neighborhood of Asbury Park, NJ from $1,500 (32 Rentals)

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

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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property at 1266 Washington Ave

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900
Total Monthly Price
$1,900

1 Bedroom, 1 Bath Home for Rent

Available Now

1266 Washington Ave

Asbury ParkNJ07712

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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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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property at 406 4th Ave

$2,200 - $2,350

1 Bedroom Rentals

Available Now

406 4th Ave

Asbury ParkNJ07712

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.

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Showing Results 1-32, 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 $1,700. 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$1,700
320 7th Ave0BR/1.0BAStudio,1BA$1,750
201 LaReineStudio (renovated)Studio,1BA$1,800
Munroe TowersFloorplan P1BR,1BA$1,860
510 5th Ave1BR/1.0BA1BR,1BA$2,075
8th Ave Condos1BR/1.0BA1BR,1BA$2,075
406 Deal Lake1BR/1.0BA1BR,1BA$2,100

Best Value Apartments for Rent in Downtown Asbury Park, NJ

As of March 20, 2026 the best value apartment in the Downtown Asbury Park area is the $2.67 price per square foot InteriorTwo Bedroom #406 Model at SS Adams Luxury Rentals in the in the Downtown Asbury Park neighborhood starting from $2,800. The second greatest value Downtown Asbury Park apartment is the 2BR/1.0BA Model at 501-511 Lake Ter starting at $2,300 with a $2.63 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 ListingModel NameBed/BathPrice Per Sq.Ft.
SS Adams Luxury RentalsInteriorTwo Bedroom #4062BR,2BA$2.67
501-511 Lake Ter2BR/1.0BA2BR,1BA$2.63
406 Deal Lake2BR/1.0BA2BR,1BA$3.28
319 7th Ave1BR/1.0BA1BR,1BA$3.20
Munroe TowersFloorplan M1BR,1BA$3.22
212 3rd Avenue1BR/1.0BA1BR,1BA$3.45
8th Ave Condos1BR/1.0BA1BR,1BA$3.39
510 5th Ave1BR/1.0BA1BR,1BA$3.46
200 Deal Lake Drive1 Bed / 1 Bath1BR,1BA$3.00
Holly House ApartmentsStudioStudio ,1BA$3.33

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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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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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 345 Apartments for Rent in Downtown Asbury Park, NJ with pricing that ranges from $1,156 to $13,850. There are also 148 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Asbury Park ranging from $1,500 to $55,000.

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 $55,000 with an average monthly rent of $6,720.

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 $3,000 to $6,075, 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 $2,750 and Four Bedroom Apartments start at $9,235.

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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.