Cheap Apartments for Rent in Cape May, NJ from $700 (44 Rentals)

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Victorian Towers
Studio to 1 Bedroom Apartments

Victorian Towers

608 Washington StCape May, NJ 08204
  • Utilities Included

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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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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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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Mispillion Apartments
1 to 2 Bedroom Apartments

Mispillion Apartments

1029 S Walnut StMilford, DE 19963
  • Utilities Included

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.

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Lakeside Apartments
1 to 2 Bedroom Apartments

Lakeside Apartments

505 NW Front StMilford, DE 19963
  • Utilities Included
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Ascend by the Sea
1 to 3 Bedroom Apartments

Ascend by the Sea

35205 Tupelo CirMillville, DE 19945

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.

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Showing Results 1-44, Page 1 of 1

Cape May, NJ Local Guide

Cheapest Available Cape May Apartments for Rent and Nearby

 

The cheapest available apartment rental in Cape May, NJ is a 1 Bed unit found at Riverview Condominiums in the Wheaton Village neighborhood priced from $1,395. Mill Chase in the Retreat at Millstone neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,400. Here is today’s list of the most affordable Cape May apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Riverview CondominiumsOne Bedroom1BR,1BA$1,395
Mill ChaseTwo Bedroom2BR,1BA$1,400
Reserve at SawmillHolly1BR,1BA$1,500
College Park Apartments and Rental HomesHawthorn1BR,1BA$1,525
Weston Willows1BR/1BA: $1,5351BR,1BA$1,535
Cypress GroveStacked Flats at Cypress Grove (1BR/1BA)1BR,1BA$1,535
Millville Manor2 Bedroom2BR,1BA$1,600
Watergate Townhomes2 Bed 2 Bath Townhome2BR,2BA$1,620
Carriage House ApartmentsOne Bedroom1BR,1BA$1,650
Carillon WoodsOne Bedroom One Bathroom1BR,1BA$1,651

Best Value Apartments for Rent in Cape May, NJ and Nearby

As of April 28, 2026 the best value apartment in the Cape May area is the $0.78 price per square foot 3 Bd Townhome Model at Fairway Village Rental Townhomes in the in the Coastal Club neighborhood starting from $2,025. The second greatest value Cape May apartment is the VO1 Model at Vincent Overlook starting at $2,695 with a $1.42 price per square foot in the Bay Front neighborhood. Here is today’s list of the best values for Cape May apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fairway Village Rental Townhomes3 Bd Townhome3BR,2.5BA$0.78
Vincent OverlookVO13BR,2BA$1.42
Heron BayHeron Bay 13BR,2BA$1.31
Windward Grove - Townhome RentalsInterior Unit - Fenced3BR,2.5BA$1.52
Millville Manor2 Bedroom2BR,1.5BA$1.33
Riverside ApartmentsSandbar2BR,2BA$1.53
Lakeside Apartments2 Bed | 1.5 Bath2BR,1.5BA$1.50
The Oaks at GeorgetownCanby2BR,2BA$1.50
Watergate Townhomes2 Bed 2 Bath Townhome2BR,2BA$1.46
Mill ChaseTwo Bedroom2BR,1BA$1.56

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.

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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 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.

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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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Quick 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.

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Cape May, NJ

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Frequently Asked Questions about Cheap Cape May Apartments

How much is rent for a Cheap One Bedroom Cape May Apartment?

The lowest price for a Cheap One Bedroom Cape May Apartment is $1,395 at Riverview Condominiums.

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

Today's best deal for a Cheap Two Bedroom Apartment in Cape May is starting from $1,400 at Mill Chase.

What is the most affordable Cape May Three Bedroom Apartment?

The best deal on a cheap Cape May Three Bedroom Apartment rental is at Mill Chase and starts from $1,600.

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 Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.

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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.