Cheap Apartments for Rent in the Waterfront Neighborhood of Asbury Park, NJ from $1,000 (69 Rentals)

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

property at 644 Church St

$1,850 - $2,500

Studio To 2 Bedroom Rentals

Available Now

644 Church St

Asbury ParkNJ07712

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.

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property at 611 3rd Ave

$2,600 - $2,750

2 To 3 Bedroom Rentals

Available Now

611 3rd Ave

Asbury ParkNJ07712
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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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Minot Gardens
Studio to 1 Bedroom Apartments

Minot Gardens

400-402 3rd AveAsbury Park, NJ 07712
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510-512 5th Ave
Studio to 1 Bedroom Apartments

510-512 5th Ave

510-512 5th AveAsbury Park, NJ 07712
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Colleen Apartments
Studio to 1 Bedroom Apartments

Colleen Apartments

320 7th AveAsbury Park, NJ 07712
  • Utilities Included
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8th Ave Condos
Studio to 3 Bedroom Apartments

8th Ave Condos

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

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.

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212 3rd Avenue
1 to 2 Bedroom Apartments

212 3rd Avenue

212 3rd AveAsbury Park, NJ 07712
  • Utilities Included
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Park Terrace Apartments
Studio to 1 Bedroom Apartments

Park Terrace Apartments

319 7th AveAsbury Park, NJ 07712
  • Utilities Included
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527 Bangs Ave
Studio to 2 Bedroom Apartments

527 Bangs Ave

527 Bangs AveAsbury Park, NJ 07712
property at 402 4th Ave

$2,400

1 Bedroom Rentals

Available Now

402 4th Ave

Asbury ParkNJ07712
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404 5th Ave
1 Bedroom Apartments

404 5th Ave

404 5th AveAsbury Park, NJ 07712
  • Utilities Included
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The Steinbach Building
Studio to 2 Bedroom Apartments

The Steinbach Building

300 Emory StAsbury Park, NJ 07712
  • Utilities Included

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.

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property at 1700 Webb St

$2,500 - $3,400

1 To 3 Bedroom Rentals

Available Now

1700 Webb St

Asbury ParkNJ07712
property at 35 1/2 Olin St

$1,350 - $1,450

1 Bedroom Rentals

Available Now

35 1/2 Olin St

Ocean GroveNJ07756
property at 19 Webb Ave

$1,750 - $2,950

1 To 4 Bedroom Rentals

Available Now

19 Webb Ave

Ocean GroveNJ07756

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.

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property at 71 Delaware Ave

$2,500

Total Monthly Price

Total Monthly Price

Base Rent
$2,500
Total Monthly Price
$2,500

2 Bedroom, 1.5 Bath Home for Rent

Available Now

71 Delaware Ave

Ocean GroveNJ07756

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.

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Showing Results 1-50, Page 1 of 2

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 $1,700. 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$1,700
Munroe TowersFloorplan N1BR,1BA$1,997
211 First Ave2BR/1.0BA2BR,1BA$2,750
Surfhouse Asbury ParkA1M3 - Balcony1BR,1BA$3,250

Best Value Apartments for Rent in Waterfront, NJ

As of July 11, 2026 the best value apartment in the Waterfront area is the $3.33 price per square foot 302 5th Avenue Model at 302 5th Avenue, Unit Apt 5 in the in the Waterfront neighborhood starting from $3,000. The second greatest value Waterfront apartment is the 2BR/1.0BA Model at 211 First Ave starting at $2,750 with a $3.56 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.
302 5th Avenue, Unit Apt 5302 5th Avenue1BR,1BA$3.33
211 First Ave2BR/1.0BA2BR,1BA$3.56
Surfhouse Asbury ParkA1M2 - Juliet Balcony1BR,1BA$5.28
Munroe TowersFloorplan L1BR,1BA$3.14
200 Deal Lake Drive1 Bed / 1 Bath1BR,1BA$3.00
45 Pilgrim Pathway, Unit APT#345 Pilgrim Pathway2BR,1BA$4.10
Holly House ApartmentsStudioStudio ,1BA$3.33
116 Embury Ave, Unit Cottage116 Embury Ave1BR,1BA$5.25

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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Best Local Schools in
Waterfront, Asbury Park, NJ

School data provided by Great Schools

Frequently Asked Questions about Cheap Waterfront Apartments

What is a cheap apartment in Waterfront?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Waterfront is under $3,250.

What is the price of a cheap apartment in Waterfront?

The cheapest apartment in Waterfront is Holly House Apartments which is listed at $1,531, while the average apartment in Waterfront costs $8,030.

What types of apartments are the cheapest in Waterfront?

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 Waterfront 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 Waterfront?

Cheap apartments in Waterfront have an average cost of $179 which is $7,851 cheaper than the average rent for all rentals in Waterfront.

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 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.

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.