
Cheap Apartments for Rent in Carteret, NJ from $1,150 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in Carteret.


Total Monthly Price
49 Holly St, Unit 2nd Floor Apartment

Carteret Gardens

Gateway at Carteret

62 Larch St

Total Monthly Price
62 Larch St

The Arthur

Wheeler Apartments

88 Roosevelt
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.

Lexington of Carteret

Essex Apartments

52 St Ann St

Wheeler Avenue Apartments

Jackson Homes 55+ Community

Lexington at Carteret

49 W Main St

51 Foothill Ct

Maple Tree Manor (62+ Community)
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.

109 Irene St

Riverside Apartments

Meridia Linden 1001

Meridia Lifestyles II

Meridia Lifestyles

Woodbridge Apartments

Bridgeton Apartments

REVA Rahway

580 E Milton Ave
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.

Heritage Village at Rosegate, 55+ Community

Rahway Plaza Apartments

Rahway Arts Apartments

Greens at Avenel

810 E Hazelwood Ave

707 Bonnett St

JS Rahway Apartments

Skyview Apartments at Carriage City Plaza

1300 Fulton St
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.

433 Ainsworth St

556 Cleveland Ave

766 Maguire Ave

The Gramercy of Rahway

114 W 17th St

Brookside Court At Rahway

Village at Falcon Point

Piper Place Townhomes

1930 Henry St
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.

Waters Edge At Rahway

326 Lower Alden Dr
Carteret, NJ Local Guide

How much does it cost to rent an apartment in Carteret?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Carteret Studio Apartments | $2,041 | $1,150 | $2,350 |
| Cheap Carteret 1 Bedroom Apartments | $2,257 | $1,531 | $2,695 |
| Cheap Carteret 2 Bedroom Apartments | $2,733 | $1,700 | $3,614 |
| Cheap Carteret 3 Bedroom Apartments | $3,002 | $2,800 | $3,325 |
Browse Top Apartments in Carteret
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Carteret, NJ Local Guide
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Cheapest Available Carteret Apartments for Rent
 The cheapest available apartment rental in Carteret, NJ is a 1 Bed unit found at Maple Tree Manor (62+ Community) in the Westbury neighborhood priced from $1,531. Riverside Apartments in the Rahway Transit Village neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,750. Here is today’s list of the most affordable Carteret apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Maple Tree Manor (62+ Community) | 1 Bedroom | 1BR,1BA | $1,531 |
| Riverside Apartments | Studio | Studio,1BA | $1,750 |
| Carteret Gardens | 1 Bedroom | 1BR,1BA | $1,750 |
| Meridia Linden 1001 | 1B1B_E | 1BR,1BA | $1,895 |
| Gateway at Carteret | Gramercy- 88 Roosevelt | 1BR,1BA | $1,895 |
| Woodbridge Apartments | 1 Bed | 1BR,1BA | $1,900 |
| Meridia Lifestyles | Q | 1BR,1BA | $1,900 |
Best Value Apartments for Rent in Carteret, NJ
As of September 12, 2026 the best value apartment in the Carteret area is the $0.62 price per square foot 62 Larch St Model at 62 Larch St in the in the Prince's Bay neighborhood starting from $1,950. The second greatest value Carteret apartment is the 245 Washington St Model at 245 Washington St, Unit 2nd Floor starting at $2,900 with a $1.87 price per square foot in the Rahway Transit Village neighborhood. Here is today’s list of the best values for Carteret apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 62 Larch St | 62 Larch St | 2BR,1BA | $0.62 |
| 245 Washington St, Unit 2nd Floor | 245 Washington St | 3BR,2BA | $1.87 |
| 102 Lincoln Ave, Unit Apt first floor | 102 Lincoln Ave | 3BR,1.5BA | $2.14 |
| Park Square Apartments | 2 Bedroom | 2BR,2BA | $2.08 |
| Barron's Gate At Woodbridge | 2BR/2.0BA | 2BR,2BA | $1.95 |
| River Place At Rahway | 2 Bedroom D | 2BR,2BA | $2.22 |
| Fox Hill Run | 2 Bedroom B1 with Den | 2BR,2.5BA | $2.32 |
| 66 Atlantic St, Unit 2 | 66 Atlantic St | 2BR,2BA | $2.08 |
| 49 Holly St, Unit 2nd Floor Apartment | 49 Holly St | 2BR,1BA | $2.27 |
| 49 W Main St | 49 W Main St | Studio ,1BA | $2.45 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 Carteret, NJ
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Carteret, NJ Rentals by Map
See the most popular apartments and homes in Carteret, NJ
Frequently Asked Questions about Cheap Carteret Apartments
What is the Cheapest Studio apartment in Carteret?
Currently the most affordable Cheap Studio Apartment in Carteret is at Riverside Apartments listed at $1,750.
How much is rent for a Cheap One Bedroom Carteret Apartment?
The lowest price for a Cheap One Bedroom Carteret Apartment is $1,531 at Maple Tree Manor (62+ Community).
What is the lowest price for a Cheap Two Bedroom Carteret Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Carteret is starting from $2,085 at Carteret Gardens.
What is the most affordable Carteret Three Bedroom Apartment?
The best deal on a cheap Carteret Three Bedroom Apartment rental is at Forest View and starts from $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

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.