Cheap Homes for Rent in the Downtown Asbury Park Neighborhood of Asbury Park, NJ from $1,500 (21 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 316 Sixth Ave
$1,700 - $3,750
1 To 2 Bedroom Rentals
Available Now
Affordability

316 Sixth Ave

Asbury ParkNJ07712
property at 1700 Webb St
$1,700 - $3,400
Studio To 3 Bedroom Rentals
Available Now
Affordability

1700 Webb St

Asbury ParkNJ07712

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 302 Fifth Ave
$1,975

Total Monthly Price

Base Rent$1,975

Total Monthly Price$1,975
Studio, 1 Bath Condo for Rent
Available Now
Affordability

302 Fifth Ave, Unit 2

302 Fifth Ave
Asbury ParkNJ07712

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

property at 305 4th Ave
$2,100

Total Monthly Price

Base Rent$2,100

Total Monthly Price$2,100
1 Bedroom, 1 Bath Condo for Rent
Available Now
Furnished

305 4th Ave, Unit 202

305 4th Ave
Asbury ParkNJ07712

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Downtown Asbury Park, Asbury Park, NJ Local Guide

Best Value Homes for Rent in Downtown Asbury Park, NJ

As of September 17, 2026 the best value rental home in the Downtown Asbury Park area is the $2.52 price per square foot 1207 9th Ave Model at 1207 9th Ave in the Downtown Asbury Park neighborhood starting from $3,500. The second greatest value Downtown Asbury Park rental home is the 107 Asbury Ave Model at 107 Asbury Ave in the Waterfront neighborhood starting at $3,250 with a $2.69 price per square foot. Here is today’s list of the best values for Downtown Asbury Park homes based on price per square foot:

Home ListingModel NameBed/BathPrice Per Sq.Ft.
1207 9th Ave1207 9th Ave3BR, 1BA$2.52
107 Asbury Ave107 Asbury Ave2BR, 2BA$2.69
305 4th Ave, Unit 202305 4th Ave1BR, 1BA$3.92
302 Fifth Ave, Unit 2302 Fifth AveStudio, 1BA$4.39

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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Frequently Asked Questions about Downtown Asbury Park

What type of rentals are currently available in Downtown Asbury Park?

There are currently 359 Apartments for Rent in Downtown Asbury Park, NJ with pricing that ranges from $1,437 to $11,540. There are also 154 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Asbury Park ranging from $1,500 to $25,000.

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 $25,000 with an average monthly rent of $3,946.

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 $8,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $12,500. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $3,400.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.