Cheap Homes for Rent in the Waterfront Neighborhood of Asbury Park, NJ from $1,500 (36 Rentals)

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

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.

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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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property at 402 4th Ave

$2,400

1 Bedroom Rentals

Available Now

402 4th Ave

Asbury ParkNJ07712

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.

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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
property at 400 Deal Lake Dr

$2,500 - $3,750

1 To 2 Bedroom Rentals

Available Now

400 Deal Lake Dr

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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Showing Results 1-36, Page 1 of 1

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$1,981
211 First Ave2BR/1.0BA2BR,1BA$2,725
Surfhouse Asbury ParkA1M3 - Balcony1BR,1BA$3,250

Best Value Apartments for Rent in Waterfront, NJ

As of July 22, 2026 the best value apartment in the Waterfront area is the $5.25 price per square foot C4 - Juliet Balcony Model at Surfhouse Asbury Park in the in the Waterfront neighborhood starting from $5,640. The second greatest value Waterfront 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 Waterfront apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Surfhouse Asbury ParkC4 - Juliet Balcony2BR,2BA$5.25
302 5th Avenue, Unit Apt 5302 5th Avenue1BR,1BA$3.33
211 First Ave2BR/1.0BA2BR,1BA$3.53
Munroe TowersFloorplan L1BR,1BA$3.06
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

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Frequently Asked Questions about Waterfront

What type of rentals are currently available in Waterfront?

There are currently 315 Apartments for Rent in Waterfront, NJ with pricing that ranges from $1,350 to $12,500. There are also 134 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterfront ranging from $1,500 to $35,000.

What is the current price range for Rental Homes in Waterfront?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Waterfront ranges from $1,500 to $35,000 with an average monthly rent of $5,909.

How much are larger Three and Four Bedroom Rentals in Waterfront?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Waterfront range from $3,200 to $12,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $35,000. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $2,995.

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.

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.