
Cheap Apartments for Rent in Cape May, NJ from $700 (50 Rentals)
Search the lowest-cost Apartments available for rent right now in Cape May.


Victorian Towers

Dunbarton Estates Apartments

County Seat Apartments, LLC.

Houston Acres

Riverview Condominiums

Mill Chase

Bayview Court Apartments

College Park Apartments and Rental Homes

Cypress Grove
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.

Weston Willows

The Reserve at Cypress Hall

Millville Manor

Windward on the River

Riverside Apartments

Watergate Townhomes

Coastal Tide Apartments

Carillon Woods

The Reserve at Sandbar

Mystic Point
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.

Carriage House Apartments

The Oaks at Georgetown

MI-Place at the Vineyard

Sea Aire

Olympus by the Sea

Seaglass at Rehoboth Beach

Groveland Manor

Beach Plum Dunes

Fairway Village Rental Townhomes

Windward Grove - Townhome Rentals
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.

Mispillion Apartments

Haven House at St. John of God

Jefferson Apartments

513 Blackburn Ave

Reserve at Sawmill

7413 John St

7357 William Ave

Lakeside Apartments

22806 Sycamore Dr

18482 Evelynton Rd
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.

20416 Hopkins Rd

157 Bark Dr

27644 Dunstan Ct

17829 Callaway Dr

17632 Fieldstone Ave

213 E 25th Ave

143 Hickory Branch Ct

33106 N Village Loop

116 Manila Ave

410 Spruce St
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.
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 | $1,725 | $776 | $2,900 |
| Cape May 2 Bedroom Apartments | $2,102 | $796 | $3,550 |
| Cape May 3 Bedroom Apartments | $2,493 | $1,500 | $8,714 |
| 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 priced from $776. Houston Acres in the Retreat at Millstone neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,300. 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 |
| Houston Acres | One Bedroom Cottage w/One-Car Garage | 1BR,1BA | $1,300 |
| Riverview Condominiums | One Bedroom | 1BR,1BA | $1,395 |
| Mill Chase | Two Bedroom | 2BR,1BA | $1,400 |
| College Park Apartments and Rental Homes | Hawthorn | 1BR,1BA | $1,525 |
| Cypress Grove | Apartments at Cypress Grove (1BR/1BA) | 1BR,1BA | $1,545 |
| Millville Manor | 2 Bedroom | 2BR,1BA | $1,600 |
| Watergate Townhomes | 2 Bed 2 Bath Townhome | 2BR,2BA | $1,645 |
| Reserve at Sawmill | Cedar | 2BR,2BA | $1,665 |
| Coastal Tide Apartments | Cove ADA | 1BR,1BA | $1,679 |
Best Value Apartments for Rent in Cape May, NJ and Nearby
As of June 12, 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 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 | $1.42 |
| The Reserve at Sandbar | 3BD | 3BR,2BA | $1.46 |
| Windward on the River | Carlisle | 3BR,2BA | $1.51 |
| Millville Manor | 2 Bedroom | 2BR,1.5BA | $1.33 |
| Riverside Apartments | Sandbar | 2BR,2BA | $1.53 |
| The Oaks at Georgetown | Canby | 2BR,2BA | $1.50 |
| Watergate Townhomes | 2 Bed 2 Bath Townhome | 2BR,2BA | $1.49 |
| Weston Willows | 2BR/2BA: $1,710 | 2BR,2BA | $1.55 |
| 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

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.

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.