Cheap Homes for Rent in Asbury Park, NJ from $1,500 (46 Rentals)

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

property at 709 Ocean Ave N

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

Studio, 1 Bath Condo for Rent

Available Now

709 Ocean Ave N, Unit 9

709 Ocean Ave N
Avon By The SeaNJ07717
property at 1700 Webb St

$1,800 - $3,400

Studio To 3 Bedroom Rentals

Available Now

1700 Webb St

Asbury ParkNJ07712

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property at 305 4th Ave

$2,250

Total Monthly Price

Total Monthly Price

Base Rent
$2,250

Total Monthly Price
$2,250

1 Bedroom, 1 Bath Condo for Rent

Available Now

305 4th Ave, Unit 202

305 4th Ave
Asbury ParkNJ07712

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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

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Asbury Park, NJ Local Guide

Cheapest Neighborhoods for Apartments in Asbury Park, NJ

Pricing Updated: 08/20/2026

Current apartment rentals in the Asbury Park, NJ area range in price from $1,500 to $35,000 with an overall median price of $3,189. The three Asbury Park neighborhoods with the lowest median rent pricing are Downtown Asbury Park at $3,100, Southeast Asbury Park at $3,100, and Waterfront at $3,150. Here is today’s list of the top 7 neighborhoods with the lowest median pricing for Asbury Park Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Asbury Park$3,100$1,500129
Southeast Asbury Park$3,100$1,500127
Waterfront$3,150$1,500115
Southwest Asbury Park$3,200$1,500125
Northwest Asbury Park$3,250$1,500104
Northeast Asbury Park$3,275$1,50099
Westside$3,275$1,500128

Cheapest Available Asbury Park Apartments for Rent

 

The cheapest available apartment rental in Asbury Park, NJ is a Studio unit found at Holly House Apartments in the Waterfront neighborhood priced from $1,437. Middlebrook at Monmouth in the Wanamassa neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,725. Here is today’s list of the most affordable Asbury Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Holly House ApartmentsStudioStudio,1BA$1,437
Middlebrook at Monmouth$2.24/sq.ft. - One Bedroom1BR,1BA$1,725
200 Deal Lake DriveStudioStudio,1BA$1,875
201 LaReineStudio (renovated)Studio,1BA$1,900
Munroe TowersFloorplan N1BR,1BA$1,991
8th Ave Condos1BR/1.0BA1BR,1BA$2,100
Gables ApartmentsOne Bedroom w/ Dining Area1BR,1BA$2,135
Mariner ApartmentsOne Bedroom1BR,1BA$2,165

Best Value Apartments for Rent in Asbury Park, NJ

As of August 20, 2026 the best value apartment in the Asbury Park area is the $1.40 price per square foot 705 Brinley Ave Model at 705 Brinley Ave, Unit 705 Brinley Avenue, Apt. 2 in the in the Downtown Asbury Park neighborhood starting from $2,100. The second greatest value Asbury Park apartment is the On Main With A View Model at 301 Main Street starting at $3,400 with a $3.24 price per square foot in the Bradley Beach neighborhood. Here is today’s list of the best values for Asbury Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
705 Brinley Ave, Unit 705 Brinley Avenue, Apt. 2705 Brinley Ave2BR,1BA$1.40
301 Main StreetOn Main With A View2BR,2BA$3.24
Ludlow Partners LLC2BD2BR,1BA$3.00
The Monroe1A.21BR,1BA$3.13
501-511 Lake Ter2BR/1.0BA2BR,1BA$2.63
Gables ApartmentsOne Bedroom w/ Dining Area1BR,1BA$2.73
Middlebrook at Monmouth$2.24/sq.ft. - One Bedroom1BR,1BA$2.24
Munroe TowersFloorplan N1BR,1BA$2.89
Mariner ApartmentsOne Bedroom1BR,1BA$3.25
200 Deal Lake Drive1 Bed / 1 Bath1BR,1BA$3.17

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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Asbury Park

What type of rentals are currently available in Asbury Park?

There are currently 431 Apartments for Rent in Asbury Park, NJ with pricing that ranges from $1,437 to $12,500. There are also 286 Single Family Homes for rent, Condos, and Townhome rentals currently available in Asbury Park ranging from $1,500 to $35,000.

What is the current price range for Rental Homes in Asbury Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Asbury Park ranges from $1,500 to $35,000 with an average monthly rent of $4,497.

How much are larger Three and Four Bedroom Rentals in Asbury Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Asbury Park range from $2,500 to $12,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $35,000. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $7,750.

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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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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.