Cheap Homes for Rent in Cape May, NJ from $1,200 (14 Rentals)

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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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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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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 Mispillion Apartments in the Orchard Hill neighborhood priced from $678. Dunbarton Estates Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $776. Here is today’s list of the most affordable Cape May apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mispillion ApartmentsOne bedroom1BR,1BA$678
Dunbarton Estates Apartments1 Bed, 1 bath1BR,1BA$776
Jefferson Apartments1 Bed, 1 bath1BR,1BA$922
Cypress GroveATTAINABLE HOUSING at Cypress Grove (1BR/1BA)1BR,1BA$1,140
Riverview CondominiumsOne Bedroom1BR,1BA$1,395

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

As of June 22, 2025 the best value apartment in the Cape May area is the $1.43 price per square foot VO3 Model at Vincent Overlook in the in the Bay Front neighborhood starting from $2,795. The second greatest value Cape May apartment is the Windstone 1 Model at Windstone starting at $2,395 with a $1.23 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.
Vincent OverlookVO33BR,2BA$1.43
WindstoneWindstone 13BR,2BA$1.23
Heron BayHeron Bay 13BR,2BA$1.31
Windward Grove - Townhome Rentalsinterior Unit3BR,2.5BA$1.45
The Reserve at Cypress Hall22BR,2BA$1.35
Millville Manor2 Bedroom2BR,1.5BA$1.29
The Oaks at GeorgetownWillow2BR,2BA$1.46
Watergate Townhomes2 Bed 2 Bath Townhome2BR,2BA$1.44
Dunbarton Estates Apartments1 Bed, 1 bath1BR,1BA$1.05
Mispillion ApartmentsOne bedroom1BR,1BA$1.04

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Frequently Asked Questions about Cape May

What type of rentals are currently available in Cape May?

There are currently 54 Apartments for Rent in Cape May, NJ with pricing that ranges from $200 to $4,091. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cape May ranging from $1,200 to $40,000.

What is the current price range for Rental Homes in Cape May?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Cape May ranges from $1,200 to $40,000 with an average monthly rent of $6,025.

How much are larger Three and Four Bedroom Rentals in Cape May?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Cape May range from $1,450 to $3,910, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,850 to $40,000. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $2,250.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.