
Cheap Apartments for Rent in Carteret, NJ from $700 (57 Rentals)
Search the lowest-cost Apartments available for rent right now in Carteret.


Carteret Gardens

15 Fitch St

The Botanic

Total Monthly Price
77 Heald St, Unit 1

The Arthur

29 Washington Ave

47 Holly St

Wheeler Apartments

88 Roosevelt
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.

Lexington of Carteret

Essex Apartments

15 Fitch St

Wheeler Avenue Apartments

Jackson Homes 55+ Community

Lexington at Carteret

123 Heald St, Unit F2

230 Washington Ave, Unit 1

49 W Main St

Maple Tree Manor (62+ Community)
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.

868 Sheldon Ave, Unit 1 BEDROOM APT

Riverside Apartments

Meridia Lifestyles II

Woodbridge Apartments

Bridgeton Apartments

Meridia Linden 1001

Meridia Lifestyles

Grand Meridia

587 Darlington Ave

300 Mitchell Ave
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.

1946 Barnett St

Meridia Lafayette Village

The Mint

Total Monthly Price
155 W Main St, Unit 3

Heritage Village at Rosegate, 55+ Community

Rahway Plaza Apartments

Rahway Arts Apartments

Greens at Avenel

Barron's Gate

35 Chesterfield Ln
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.

Skyview Apartments at Carriage City Plaza

JS Rahway Apartments

1300 Fulton St

433 Ainsworth St

24 E Price St

The Gramercy of Rahway

Village at Falcon Point

Brookside Court At Rahway

762 Ogden St

128 Cricket Ln
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.
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 | $2,122 | $1,150 | $2,310 |
| Cheap Carteret 1 Bedroom Apartments | $2,251 | $1,531 | $2,850 |
| Cheap Carteret 2 Bedroom Apartments | $2,730 | $1,900 | $3,607 |
| Cheap Carteret 3 Bedroom Apartments | $2,743 | $2,350 | $3,325 |
| Cheap Carteret 4 Bedroom Apartments | $3,400 | $3,400 | $3,400 |
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 |
| Meridia Lifestyles II | A | Studio,1BA | $1,825 |
| Woodbridge Apartments | 1 Bed | 1BR,1BA | $1,850 |
| Gateway at Carteret | Gramercy- 101 Roosevelt | 1BR,1BA | $1,895 |
| Meridia Linden 1001 | 1B1B_E | 1BR,1BA | $1,895 |
| Bridgeton Apartments | 1 Bedroom NEW RENOVATION- Available 04/24/26 | 1BR,1BA | $1,895 |
| Carteret Gardens | 1 Bedroom | 1BR,1BA | $1,900 |
| Meridia Lifestyles | G | 1BR,1BA | $1,985 |
Best Value Apartments for Rent in Carteret, NJ
As of June 13, 2026 the best value apartment in the Carteret area is the $1.56 price per square foot 920 Hampden St Model at 920 Hampden St, Unit B in the starting from $2,500. The second greatest value Carteret apartment is the 2 Bedroom Model at Park Square Apartments starting at $2,889 with a $2.07 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. |
|---|---|---|---|
| 920 Hampden St, Unit B | 920 Hampden St | 3BR,1BA | $1.56 |
| Park Square Apartments | 2 Bedroom | 2BR,2BA | $2.07 |
| 67 Edgar St, Unit 1 | 67 Edgar St | 3BR,1BA | $2.00 |
| Fox Hill Run | 2 Bedroom B1 with Den | 2BR,2.5BA | $2.45 |
| 318 Kennedy Dr, Unit 2 Floor | 318 Kennedy Dr | 3BR,1.5BA | $2.27 |
| 77 Heald St, Unit 1 | 77 Heald St | 2BR,1BA | $2.05 |
| Forest View | The Pine I | 2BR,2BA | $2.49 |
| 868 Sheldon Ave, Unit 1 BEDROOM APT | 868 Sheldon Ave | 1BR,1BA | $2.12 |
| Gateway at Carteret | Gramercy- 101 Roosevelt | 1BR,1BA | $2.43 |
| 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 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 $2,150 at Bridgeton Apartments.
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 $2,955.
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.