Cheap Homes for Rent in Downtown Asbury Park Neighborhood of Asbury Park, NJ from $1,500 (26 Rentals)

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

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.

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.

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.

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.

property at 1700 Webb St

$2,500 - $3,400

1 To 3 Bedroom Rentals

Available Now

1700 Webb St

Asbury ParkNJ07712

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
Munroe TowersFloorplan N1BR,1BA$2,004
501-511 Lake Ter2BR/1.0BA2BR,1BA$2,300
211 First Ave2BR/1.0BA2BR,1BA$2,750
TWELVE17 Ocean AveLuxury 1BD1BR,1BA$2,850
Surfside CrossingOne Bedroom1BR,1BA$2,900
Surfhouse Asbury ParkA1M3 - Balcony1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Surfside CrossingOne Bedroom1BR,1BA$2.64
302 5th Avenue, Unit Apt 5302 5th Avenue1BR,1BA$3.33
501-511 Lake Ter2BR/1.0BA2BR,1BA$2.63
211 First Ave2BR/1.0BA2BR,1BA$3.56
TWELVE17 Ocean AveLuxury 1BD1BR,1BA$3.90
Munroe TowersFloorplan L1BR,1BA$3.13
8th Ave Condos1BR/1.0BA1BR,1BA$3.40
212 3rd Avenue1BR/1.0BA1BR,1BA$3.49
200 Deal Lake Drive1 Bed / 1 Bath1BR,1BA$3.00
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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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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Quick Rent Budget Calculator

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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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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

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.

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

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.

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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.

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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.