Cheap Apartments for Rent in Middletown, NJ from $663 (66 Rentals)

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

property at 2 Leonardville Rd
$2,100

Total Monthly Price

Base Rent$2,100
Total Monthly Price$2,100
1 Bedroom, 1 Bath Condo for Rent
Available Now
Cost Per Sq.Ft.

2 Leonardville Rd, Unit 2

2 Leonardville Rd
MiddletownNJ07748
property at 1 Leonardville Rd
$2,350

Total Monthly Price

Base Rent$2,350
Total Monthly Price$2,350
1 Bedroom, 1 Bath Home for Rent
Available Now

1 Leonardville Rd

MiddletownNJ07748

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.

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32 Bay Ave
$1,550 - $1,765

Total Monthly Price

Base Rent$1,550 - $1,765
Total Monthly Price$1,550 - $1,765
1 Bedroom Apartment Available Now

32 Bay Ave

32 Bay AveKeansburg, NJ 07734
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56 Spring St, Unit 56 B
$1,800

Total Monthly Price

Base Rent$1,800
Total Monthly Price$1,800
1 Bedroom Apartment Available Oct 15

56 Spring St, Unit 56 B

56 Spring StRed Bank, NJ 07701
Affordability
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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.

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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.

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Greentree Apartments
Studio to 2 Bedroom Apartments

Greentree Apartments

239 Spring StRed Bank, NJ 07701
  • Utilities Included

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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83 Monmouth St
Studio to 1 Bedroom Apartments

83 Monmouth St

83 Monmouth StRed Bank, NJ 07701
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Grandville Towers
1 to 2 Bedroom Apartments

Grandville Towers

19 Morford PlRed Bank, NJ 07701
  • Utilities Included
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Baypoint
1 to 2 Bedroom Apartments

Baypoint

19 Carr AveKeansburg, NJ 07734

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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Middletown, NJ Local Guide

Cheapest Neighborhoods for Apartments in Middletown, NJ

Pricing Updated: 09/09/2026

Current apartment rentals in the Middletown, NJ area range in price from $657 to $8,681 with an overall median price of $2,410. Here is today’s list neighborhoods with the lowest median pricing for Middletown Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
North Middletown$2,000$1,35022
Aberdeen Hazlet Middletown$2,497$657104

Cheapest Available Middletown Apartments for Rent

 

The cheapest available apartment rental in Middletown, NJ is a Studio unit found at Beachway Apartments in the Aberdeen Hazlet Middletown neighborhood priced from $1,350. Bayshore Village (62+) in the Port Monmouth neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,444. Here is today’s list of the most affordable Middletown apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Beachway ApartmentsStandard StudioStudio,1BA$1,350
Bayshore Village (62+)1 Bed, 1 bath1BR,1BA$1,444
KNOLLWOOD GARDENS/ NO PETS ALLOWED1 BEDRM FIRST FLOOR1BR,1BA$1,725
Cove on the Bay1 bedroom1BR,1BA$1,818
Shore Landing4.5 Room 2 Bedroom2BR,1BA$2,295
Colony House ApartmentsSTUDIO - DDStudio,1BA$2,350

Best Value Apartments for Rent in Middletown, NJ

As of September 09, 2026 the best value apartment in the Middletown area is the $2.66 price per square foot 2 Bed, 2 Bth Model at The Forum in the in the Greenbriar Falls neighborhood starting from $4,250. The second greatest value Middletown apartment is the Penthouse Duplex Model at Cove on the Bay starting at $3,700 with a $2.56 price per square foot in the Aberdeen Hazlet Middletown 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.
The Forum2 Bed, 2 Bth2BR,2BA$2.66
Cove on the BayPenthouse Duplex2BR,2BA$2.56
65 1st Ave1D2BR,2BA$3.57
131 Northampton Dr, Unit Holmdel Mews131 Northampton Dr1BR,1BA$2.45
247 Creek Rd, Unit 16247 Creek Rd2BR,1BA$3.17
55 Ocean Ave, Unit B55 Ocean Ave2BR,1BA$3.33
826 Grove St, Unit 826826 Grove St2BR,1BA$2.79
Beachway ApartmentsRenovated 1 Bedroom1BR,1BA$2.32
KNOLLWOOD GARDENS/ NO PETS ALLOWED1 BEDRM FIRST FLOOR1BR,1BA$2.56
Bayshore Village (62+)1 Bed, 1 bath1BR,1BA$2.15

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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Navigating 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.

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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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Best Local Schools in
Middletown, NJ

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

Explore Middletown, NJ Rentals by Map

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Frequently Asked Questions about Cheap Middletown Apartments

What is a cheap apartment in Middletown?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Middletown is under $2,350.

What is the price of a cheap apartment in Middletown?

The cheapest apartment in Middletown is Bayshore Village (62+) which is listed at $1,444, while the average apartment in Middletown costs $2,410.

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 4 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 $144 which is $2,266 cheaper than the average rent for all rentals in Middletown.

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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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.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

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.

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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.

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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.