
Cheap Apartments for Rent in the Southwest Asbury Park Neighborhood of Asbury Park, NJ from $1,000 (57 Rentals)
Search the lowest-cost Apartments available for rent right now in the Southwest Asbury Park area of Asbury Park.


12 Borden Ave

702-704-704 Fifth Ave, Unit E2

Munroe Towers

307 4th Ave

1409 Bangs Ave, Unit 1FL

Stephen Manor

407 8th Ave

Springwood Apartments

Frederick Douglas Apartments
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.

211 First Ave

Minot Gardens

1266 Washington Ave

1022-24 Sewall Ave

805 Sixth Ave

201 Atkins Ave

8th Ave Condos

212 3rd Avenue

319 7th Ave

305 4th Ave, Unit 202
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.

35 1/2 Olin St

22 Webb Ave

137 Main Ave

19 Webb Ave

61 Broadway

64 Mt Hermon Way

7 Webb Ave

89 Main Ave, Unit 5

Terrace Lake Apartments, LLC

45 Pilgrim Pathway, Unit APT#3
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.

TWELVE17 Ocean Ave

101 Anelve Ave

501-511 Lake Ter

Neptune Gardens

78 New York Ave

35 Ocean Pathway

6 Webb Ave

65 Mt Hermon Way

80 Franklin Ave

50 Cookman 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.

1225 6th Ave

1314 Laurel Ave

87 Mt Zion Way

366 Lake Ave

328 Newark Ave

124 Main Ave

100 Mt Tabor Way

132 Heck Ave

109 Mt Tabor Way

77 Abbott 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.
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 | $2,394 | $1,437 | $3,095 |
| Southwest Asbury Park 1 Bedroom Apartments | $2,559 | $1,450 | $5,000 |
| Southwest Asbury Park 2 Bedroom Apartments | $3,355 | $2,050 | $5,910 |
| Southwest Asbury Park 3 Bedroom Apartments | $5,482 | $2,500 | $10,000+ |
| Southwest Asbury Park 4 Bedroom Apartments | $9,353 | $7,750 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 57 rentals with your search options within a 1 mile radius of the Southwest Asbury Park Neighborhood of Asbury Park, NJ.
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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. Munroe Towers has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,991. 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 |
| Munroe Towers | Floorplan N | 1BR,1BA | $1,991 |
| 8th Ave Condos | 1BR/1.0BA | 1BR,1BA | $2,100 |
| 501-511 Lake Ter | 2BR/1.0BA | 2BR,1BA | $2,300 |
| 406 Deal Lake | 1BR/1.0BA | 1BR,1BA | $2,325 |
| The Monroe | 1A.1 | 1BR,1BA | $2,665 |
| 310 8th Ave. | 2BR/1.0BA | 2BR,1BA | $2,700 |
| 211 First Ave | 2BR/1.0BA | 2BR,1BA | $2,725 |
Best Value Apartments for Rent in Southwest Asbury Park, NJ
As of August 20, 2026 the best value apartment in the Southwest Asbury Park area is the $3.00 price per square foot 2BD Model at Ludlow Partners LLC in the in the Waterfront neighborhood starting from $3,000. 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. |
|---|---|---|---|
| Ludlow Partners LLC | 2BD | 2BR,1BA | $3.00 |
| 302 5th Avenue, Unit Apt 5 | 302 5th Avenue | 1BR,1BA | $3.33 |
| The Monroe | 1A.2 | 1BR,1BA | $3.13 |
| 501-511 Lake Ter | 2BR/1.0BA | 2BR,1BA | $2.63 |
| Surfside Crossing | Model E | 1BR,1BA | $3.50 |
| 211 First Ave | 2BR/1.0BA | 2BR,1BA | $3.53 |
| Munroe Towers | Floorplan N | 1BR,1BA | $2.89 |
| 406 Deal Lake | 1BR/1.0BA | 1BR,1BA | $3.51 |
| 8th Ave Condos | 1BR/1.0BA | 1BR,1BA | $3.32 |
| Holly House Apartments | Studio | Studio ,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.
Read ArticleReal 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.
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 $2,725.
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 $1,531, while the average apartment in Southwest Asbury Park costs $2,950.
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 $239 which is $2,711 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

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.

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.

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.

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.