
Cheap Apartments for Rent in Cape May, NJ from $700 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in Cape May.


Victorian Towers

602 Shunpike Rd

Dunbarton Estates Apartments

County Seat Apartments, LLC.

Riverview Condominiums

Mill Chase

Houston Acres
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.

Bayview Court Apartments

Cypress Grove

Weston Willows

College Park Apartments and Rental Homes

The Reserve at Cypress Hall

Millville Manor

Watergate Townhomes

The Oaks at Georgetown
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.

Mystic Point

Carriage House Apartments

Riverside Apartments

Coastal Tide Apartments

Olympus by the Sea

The Reserve at Sandbar

Carillon Woods

Windward on the River
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.

MI-Place at the Vineyard

Seaglass at Rehoboth Beach

Groveland Manor

Sea Aire

Beach Plum Dunes

Windward Grove - Townhome Rentals

Mispillion Apartments

Haven House at St. John of God
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.

Jefferson Estates

509 N Wildwood Blvd

Lakeside Apartments

513 Blackburn Ave

511 Blackburn Ave

Reserve at Sawmill

109-109 Union St

157 Bark Dr
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.

54 W New York Ave

33106 N Village Loop
Cape May, NJ Local Guide

How much does it cost to rent an apartment in Cape May?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cape May 1 Bedroom Apartments | $1,754 | $776 | $2,900 |
| Cape May 2 Bedroom Apartments | $2,123 | $796 | $3,550 |
| Cape May 3 Bedroom Apartments | $2,494 | $1,500 | $8,431 |
| Cape May 4 Bedroom Apartments | $2,547 | $2,250 | $2,795 |
Browse Top Apartments in Cape May
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Cape May, NJ Local Guide
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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 Dunbarton Estates Apartments in the Sussex County neighborhood priced from $776. Lakeside Apartments in the Orchard Hill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,213. Here is today’s list of the most affordable Cape May apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Dunbarton Estates Apartments | 1 Bed, 1 bath | 1BR,1BA | $776 |
| Lakeside Apartments | 1 Bed | 1 Bath | 1BR,1BA | $1,213 |
| Riverview Condominiums | One Bedroom | 1BR,1BA | $1,395 |
| Houston Acres | One Bedroom w/Loft & One-Car Garage | 1BR,1BA | $1,400 |
| Mill Chase | Two Bedroom | 2BR,1BA | $1,400 |
| Cypress Grove | Apartments at Cypress Grove (1BR/1BA) | 1BR,1BA | $1,545 |
| Weston Willows | 1BR/1BA: $1,555 | 1BR,1BA | $1,555 |
| Millville Manor | 2 Bedroom | 2BR,1BA | $1,600 |
| Watergate Townhomes | 2 Bed 2 Bath Townhome | 2BR,2BA | $1,645 |
| The Oaks at Georgetown | Willow | 2BR,2BA | $1,645 |
Best Value Apartments for Rent in Cape May, NJ and Nearby
As of July 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 $2,595 with a $1.37 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Fairway Village Rental Townhomes | 3 Bd Townhome | 3BR,2.5BA | $0.78 |
| Vincent Overlook | VO1 | 3BR,2BA | $1.37 |
| Windward Grove - Townhome Rentals | Interior Unit - Fenced | 3BR,2.5BA | $1.44 |
| Windward on the River | Carlisle | 3BR,2BA | $1.44 |
| Millville Manor | 2 Bedroom | 2BR,1.5BA | $1.33 |
| Riverside Apartments | Sandbar | 2BR,2BA | $1.53 |
| The Oaks at Georgetown | Canby | 2BR,2BA | $1.45 |
| Watergate Townhomes | 2 Bed 2 Bath Townhome | 2BR,2BA | $1.49 |
| Lakeside Apartments | 1 Bed | 1 Bath | 1BR,1BA | $1.44 |
| Dunbarton Estates Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.05 |
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 Cape May, NJ
Richard M Teitelman School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Cape May, NJ Rentals by Map
See the most popular apartments and homes in Cape May, NJ
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 $776 at Dunbarton Estates Apartments.
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 $796 at Dunbarton Estates Apartments.
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

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.

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.

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.

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.