Cheap Apartments for Rent in the Waterfront Neighborhood of Asbury Park, NJ from $1,000 (13 Rentals)

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

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Stephen Manor
1 to 3 Bedroom Apartments

Stephen Manor

1100 Atlantic AveAsbury Park, NJ 07712
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407 8th Ave
Studio to 2 Bedroom Apartments

407 8th Ave

407 8th AveAsbury Park, NJ 07712

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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.

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400 3rd Ave
Studio to 1 Bedroom Apartments

400 3rd Ave

400-402 3rd AveAsbury Park, NJ 07712
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300 Emory St
Studio to 2 Bedroom Apartments

300 Emory St

300 Emory StAsbury Park, NJ 07712
  • Utilities Included
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8th Ave Condos
Studio to 2 Bedroom Apartments

8th Ave Condos

315-317 8th AveAsbury Park, NJ 07712
Corporate Housing

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.

Waterfront, Asbury Park, NJ Local Guide

Cheapest Available Waterfront Apartments for Rent

 

The cheapest available apartment rental in the Waterfront 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 $1,650. Here are the most affordable Waterfront apartments for rent in Asbury Park, NJ:

Apartment ListingModel NameBed/BathPriced From
Holly House ApartmentsStudioStudio,1BA$1,437
200 Deal Lake DriveStudioStudio,1BA$1,650
Munroe TowersFloorplan P1BR,1BA$1,841
8th Ave Condos1BR/1.0BA1BR,1BA$1,938
406 Deal Lake1BR/1.0BA1BR,1BA$2,100

Best Value Apartments for Rent in Waterfront, NJ

As of December 19, 2025 the best value apartment in the Waterfront area is the $2.73 price per square foot 401 Sewall Ave Model at 401 Sewall Ave, Unit 2 in the in the Waterfront neighborhood starting from $3,000. The second greatest value Waterfront apartment is the 2BR/1.0BA Model at 406 Deal Lake starting at $2,700 with a $3.28 price per square foot in the Waterfront neighborhood. Here is today’s list of the best values for Waterfront apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
401 Sewall Ave, Unit 2401 Sewall Ave3BR,1BA$2.73
406 Deal Lake2BR/1.0BA2BR,1BA$3.28
Munroe TowersFloorplan P1BR,1BA$2.65
320 7th Ave1BR/1.0BA1BR,1BA$3.25
212 3rd Avenue1BR/1.0BA1BR,1BA$3.53
8th Ave Condos1BR/1.0BA1BR,1BA$3.17
400 3rd Ave1BR/1.0BA1BR,1BA$3.59
200 Deal Lake Drive1 Bed / 1 Bath1BR,1BA$2.92
211 First Ave1BR/1.0BA1BR,1BA$3.58
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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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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Pet Friendly Lifestyle
Waterfront, Asbury Park, NJ

Ranked #5

Among cities in New Jersey for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Cheap Waterfront Apartments

What is the Cheapest Studio apartment in Waterfront?

Currently the most affordable Cheap Studio Apartment in Waterfront is at Holly House Apartments listed at $1,437.

How much is rent for a Cheap One Bedroom Waterfront Apartment?

The lowest price for a Cheap One Bedroom Waterfront Apartment is $1,539 at Holly House Apartments.

What is the lowest price for a Cheap Two Bedroom Waterfront Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Waterfront is starting from $2,446 at 8th Ave Condos.

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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.