Cheap Apartments for Rent in Middletown, NJ from $700 (10 Rentals)

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

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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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Greentree Apartments
Studio to 2 Bedroom Apartments

Greentree Apartments

239 Spring StRed Bank, NJ 07701
  • Utilities Included

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Navesink Woods
1 to 3 Bedroom Apartments

Navesink Woods

1027 Highway 36Atlantic Highlands, NJ 07716
  • Utilities Included

Middletown, NJ Local Guide

Cheapest Neighborhoods for Apartments in Middletown, NJ

Pricing Updated: 09/11/2025

Current apartment rentals in the Middletown, 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 Middletown Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
North Middletown$2,475$1,0757
Aberdeen Hazlet Middletown$3,449$65779

Cheapest Available Middletown Apartments for Rent

 

The cheapest available apartment rental in Middletown, NJ is a 1 Bed unit found at The Place at Middletown Walk in the Aberdeen Hazlet Middletown neighborhood priced from $1,398. Cove on the Bay in the Aberdeen Hazlet Middletown neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,818. Here is today’s list of the most affordable Middletown apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Place at Middletown WalkOne Bedroom1BR,1BA$1,398
Cove on the Bay1 bedroom1BR,1BA$1,818
Beachway ApartmentsRenovated 2 Bedroom2BR,1BA$1,899

Best Value Apartments for Rent in Middletown, NJ

As of September 11, 2025 the best value apartment in the Middletown area is the $2.56 price per square foot Penthouse Duplex Model at Cove on the Bay in the in the Aberdeen Hazlet Middletown neighborhood starting from $3,700. The second greatest value Middletown apartment is the RB1B Model at The Rail at Red Bank starting at $3,604 with a $3.85 price per square foot in the Greenbriar Falls neighborhood. Here is today’s list of the best values for Middletown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cove on the BayPenthouse Duplex2BR,2BA$2.56
The Rail at Red BankRB1B1BR,1BA$3.85
ELK Harbor View LLCApartment D2BR,2BA$3.69
Colony House ApartmentsH1BR,1BA$3.96
Beachway ApartmentsRenovated 2 Bedroom2BR,1BA$2.26
247 Creek Rd, Unit 16247 Creek Rd2BR,1BA$3.17
Atlantic Pointe Apartments1 bedroom 1 bathroom deluxe with basement1BR,1BA$3.93
Molly Pitcher Village Apartments2 Bedroom2BR,1BA$3.99
The Place at Middletown WalkOne Bedroom1BR,1BA$1.97
127-131 Hudson Ave1 bed1BR,1BA$3.67

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Getting Around Middletown, NJ

Walk Score®

51 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

40 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Middletown Apartments

What is the price of a cheap apartment in Middletown?

The cheapest apartment in Middletown is The Place at Middletown Walk which is listed at $1,398, while the average apartment in Middletown costs $2,962.

What types of apartments are the cheapest in Middletown?

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 6 regular apartments in Middletown that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Middletown?

Cheap apartments in Middletown have an average cost of $717 which is $2,245 cheaper than the average rent for all rentals in Middletown.

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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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.