
Cheap Apartments for Rent in the Southwest Asbury Park Neighborhood of Asbury Park, NJ from $1,000 (58 Rentals)
Search the lowest-cost Apartments available for rent right now in the Southwest Asbury Park area of Asbury Park.


320 7th Ave

644 Church St

1004 Fifth Ave

Munroe Towers

309 2nd Ave

817 Drummond Ave

702-704-704 Fifth Ave, Unit A4

406 Deal Lake

308 7th Ave
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.

1014 Fifth Ave

Stephen Manor

407 8th Ave

904 Bergh St

Springwood Apartments

Frederick Douglas Apartments

510 5th Ave

610 1/2 Fifth Ave

1266 Washington Ave

413 Ridge Ave
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.

400 3rd Ave

212 3rd Avenue

211 First Ave

319 7th Ave

8th Ave Condos

527 Bangs Ave

1609 W Lake Ave

35 1/2 Olin St

19 Webb Ave

43 Webb Ave
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.

1401 9th Ave

Terrace Lake Apartments, LLC

Total Monthly Price
406 Fisher Ave, Unit 1st Floor Apartment, Unit 1st Floor Apartment

501-511 Lake Ter

89 Main Ave, Unit 5

Neptune Gardens

78 New York Ave

35 Ocean Pathway

114 Heck Ave

77 Abbott Ave
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.

23 Abbott Ave

87 Cookman Ave

1225 7th Ave

1917 W Lake Ave

65 Mt Hermon Way

124 Broadway

10 Seaview Ave

100 Mt Tabor Way

132 Heck Ave

124 Main Ave
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.
Southwest Asbury Park, Asbury Park, NJ Local Guide

How much does it cost to rent an apartment in Southwest Asbury Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southwest Asbury Park Studio Apartments | $2,243 | $1,437 | $3,095 |
| Southwest Asbury Park 1 Bedroom Apartments | $2,506 | $1,156 | $4,100 |
| Southwest Asbury Park 2 Bedroom Apartments | $3,961 | $2,400 | $7,000 |
| Southwest Asbury Park 3 Bedroom Apartments | $12,056 | $2,800 | $10,000+ |
| Southwest Asbury Park 4 Bedroom Apartments | $11,542 | $9,235 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 58 rentals with your search options within a 1 mile radius of the Southwest Asbury Park Neighborhood of Asbury Park, NJ.
See all Apartments in Asbury ParkExplore Asbury Park
Southwest Asbury Park, Asbury Park, NJ Local Guide
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Cheapest Available Southwest Asbury Park Apartments for Rent
 The cheapest available apartment rental in the Southwest Asbury Park area of Asbury Park, NJ is a Studio unit found at Holly House Apartments priced from $1,437. 320 7th Ave has the second lowest priced unit, which is a Studio apartment currently listed from $1,725. Here are the most affordable Southwest Asbury Park apartments for rent in Asbury Park, NJ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Holly House Apartments | Studio | Studio,1BA | $1,437 |
| 320 7th Ave | 0BR/1.0BA | Studio,1BA | $1,725 |
| Munroe Towers | Floorplan P | 1BR,1BA | $1,952 |
| 406 Deal Lake | 1BR/1.0BA | 1BR,1BA | $2,075 |
| 400 3rd Ave | 1BR/1.0BA | 1BR,1BA | $2,150 |
| 212 3rd Avenue | 1BR/1.0BA | 1BR,1BA | $2,150 |
| 501-511 Lake Ter | 2BR/1.0BA | 2BR,1BA | $2,300 |
| 211 First Ave | 1BR/1.0BA | 1BR,1BA | $2,350 |
| 8th Ave Condos | 1BR/1.0BA | 1BR,1BA | $2,375 |
Best Value Apartments for Rent in Southwest Asbury Park, NJ
As of April 22, 2026 the best value apartment in the Southwest 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 Southwest 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 Southwest Asbury Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| SS Adams Luxury Rentals | InteriorTwo Bedroom #406 | 2BR,2BA | $2.67 |
| 302 5th Avenue, Unit Apt 5 | 302 5th Avenue | 1BR,1BA | $3.33 |
| 501-511 Lake Ter | 2BR/1.0BA | 2BR,1BA | $2.63 |
| 406 Deal Lake | 1BR/1.0BA | 1BR,1BA | $2.77 |
| Munroe Towers | Floorplan D | 1BR,1BA | $3.12 |
| 212 3rd Avenue | 1BR/1.0BA | 1BR,1BA | $3.45 |
| 8th Ave Condos | 1BR/1.0BA | 1BR,1BA | $3.88 |
| 400 3rd Ave | 1BR/1.0BA | 1BR,1BA | $3.52 |
| 211 First Ave | 1BR/1.0BA | 1BR,1BA | $3.94 |
| Holly House Apartments | Studio | Studio ,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.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Best Local Schools in Southwest Asbury Park, Asbury Park, NJ
Dr. Martin Luther King Middle School
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving.com is proud to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, and customized analysis for Central Asbury Park, NJ. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, family-friendliness, raising pets, transit options, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Southwest Asbury Park Apartments
What is a cheap apartment in Southwest Asbury Park?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Southwest Asbury Park is under $2,375.
What is the price of a cheap apartment in Southwest Asbury Park?
The cheapest apartment in Southwest Asbury Park is Holly House Apartments which is listed at $1,539, while the average apartment in Southwest Asbury Park costs $11,542.
What types of apartments are the cheapest in Southwest Asbury Park?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 2 regular apartments in Southwest Asbury Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Southwest Asbury Park?
Cheap apartments in Southwest Asbury Park have an average cost of $159 which is $11,383 cheaper than the average rent for all rentals in Southwest Asbury Park.
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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.

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.

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.