Cheap Apartments for Rent in Matawan, NJ from $600 (35 Rentals)

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Search the lowest-cost Apartments available for rent right now in Matawan.

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.

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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.

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Tree Haven
1 to 2 Bedroom Apartments

Tree Haven

33 Aberdeen RdMatawan, NJ 07747

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.

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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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Showing Results 1-35, Page 1 of 1

Matawan, NJ Local Guide

Cheapest Neighborhoods for Apartments in Matawan, NJ

Pricing Updated: 05/27/2026

Current apartment rentals in the Matawan, NJ area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Matawan Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Lakeridge$2,962$73529
Cheesequake$3,551$73539
Brownville$4,655$65748

Cheapest Available Matawan Apartments for Rent

 

The cheapest available apartment rental in Matawan, NJ is a 1 Bed unit found at Parkview at Madison in the Cheesequake neighborhood priced from $1,595. Ken Gardens in the Crestview Cove neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,799. Here is today’s list of the most affordable Matawan apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parkview at Madison3.5 Room 1 Bedroom1BR,1BA$1,595
Ken Gardens1 Bedroom Spruce1BR,1BA$1,799
Balmoral Arms1 BR KITCHEN1BR,1BA$1,805
Barrington GardensStandard One Bedroom1BR,1BA$1,925
Two Rivers at Matawan1 Bedroom Renovated1BR,1BA$1,950
Heritage Square at Aberdeen1 Bed / 1 Bath1BR,1BA$1,990
Keyport Harbor Apartment Homes1 Bedroom Renovated1BR,1BA$1,995
Tree HavenTree Haven I1BR,1BA$2,050
Chelsea VillageOne Bedroom1BR,1BA$2,095
Strathmore Gardens ApartmentsOne Bedroom1BR,1BA$2,185

Best Value Apartments for Rent in Matawan, NJ

As of May 27, 2026 the best value apartment in the Matawan area is the $2.03 price per square foot 2 BD Model at Old Bridge Town Center in the in the Browntown neighborhood starting from $2,750. The second greatest value Matawan apartment is the BAY Model at The Franklin at Marlboro starting at $2,900 with a $2.39 price per square foot in the Brownville neighborhood. Here is today’s list of the best values for Matawan apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Old Bridge Town Center2 BD2BR,2BA$2.03
The Franklin at MarlboroBAY2BR,2BA$2.39
Oak Tree ApartmentsB2-Oak2BR,1BA$2.28
The Apartments at Aberdeen StationB32BR,2BA$2.50
Tree HavenTree Haven I2BR,1BA$2.75
Matawan Town Center1 Bedroom1BR,1BA$2.67
Heritage Square at Aberdeen1 Bed / 1 Bath1BR,1BA$2.36
Barrington GardensStandard One Bedroom1BR,1BA$2.33
Chestnut Court1 Bedroom1BR,1BA$2.76
Ken Gardens1 Bedroom Oak1BR,1BA$2.56

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.

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Real 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.

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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.

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Matawan, NJ Area Reviews

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Kathleen • 4+ years in Matawan

February 25, 2025

I was born in matawan nj 07447 in my grandparents home on broad street and grew up on main street. Robert Dennis tommarazzo is my grandparents son and Ruth Ann is my mother Robert's sister. I would like to move to Monmouth area. With my children and boyfriend of many years. Thank you. Kathleen Marie cafiero 551 3757799 Cafierokathleen62@gmail.com

Frequently Asked Questions about Cheap Matawan Apartments

What is the price of a cheap apartment in Matawan?

The cheapest apartment in Matawan is Parkview at Madison which is listed at $1,595, while the average apartment in Matawan costs $3,722.

What types of apartments are the cheapest in Matawan?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 2 regular apartments in Matawan that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.