
Cheap Apartments for Rent in Neptune, NJ from $1,422 (120 Rentals)
Search the lowest-cost Apartments available for rent right now in Neptune.


Neptune Gardens

Steiner Ocean Apartments

Mi Place at Wayside

Gables Apartments

Hampshire Terrace Apartments

300 10th Ave, Unit SWI

Heritage Village at Ocean, A 55+ Community

Holly House Apartments

22 Webb Ave
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.

Continental Gardens

Middlebrook at Monmouth

Ocean Harbor Apartments, LLC

61 Broadway

Brinley Manor, LLC

515 Monmouth Ave

12 Borden Ave

7 Webb Ave

200 Deal Lake Drive

201 LaReine
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.

89 Main Ave, Unit 5

142 Broadway, Unit 2E

35 Ocean Pathway

700 Emory St

702-704-704 Fifth Ave, Unit E2

West Park Manor

Terrace Lake Apartments, LLC

Munroe Towers

Glen Wall Heights

45 Pilgrim Pathway, Unit APT#3
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.

The Heights at Spring Lake

The Manor at Spring Lake, LLC

Shenandoah Arms, LLC

Mariner Apartments

19 Webb Ave

543 Prospect Ave

109 2nd Ave

TWELVE17 Ocean Ave

501-511 Lake Ter

101 Anelve Ave
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.

Tinton Falls Senior Residence

The Willows at Collingwood Park

Stephen Manor

Seacrest Apartments

407 8th Ave

The Pines at Tinton Falls

Wayside Oaks

311 6th Ave.

Spring Lake Apartments

Meadowbrook
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.
Neptune, NJ Local Guide

How much does it cost to rent an apartment in Neptune?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Neptune Studio Apartments | $2,348 | $1,437 | $3,095 |
| Cheap Neptune 1 Bedroom Apartments | $2,427 | $1,422 | $3,786 |
| Cheap Neptune 2 Bedroom Apartments | $3,161 | $2,045 | $5,910 |
| Cheap Neptune 3 Bedroom Apartments | $4,179 | $2,500 | $8,500 |
| Cheap Neptune 4 Bedroom Apartments | $6,967 | $3,375 | $10,000+ |
Browse Top Apartments in Neptune
See all Apartments in NeptuneExplore Neptune
Neptune, NJ Local Guide
- Neptune Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Neptune, NJ
Pricing Updated: 09/07/2026Current apartment rentals in the Neptune, NJ area range in price from $1,437 to $11,540 with an overall median price of $2,995. Here is today’s list neighborhoods with the lowest median pricing for Neptune Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Neptune City | $2,995 | $1,437 | 83 |
Cheapest Available Neptune Apartments for Rent
 The cheapest available apartment rental in Neptune, NJ is a 1 Bed unit found at 311 6th Ave. in the Waterfront neighborhood priced from $1,300. Heritage Village at Ocean, A 55+ Community in the Wanamassa neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,422. Here is today’s list of the most affordable Neptune apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 311 6th Ave. | 1BR/4.0BA | 1BR,4BA | $1,300 |
| Heritage Village at Ocean, A 55+ Community | 1 BEDROOM | 1BR,1BA | $1,422 |
| Holly House Apartments | Studio | Studio,1BA | $1,437 |
| Middlebrook at Monmouth | $2.24/sq.ft. - One Bedroom | 1BR,1BA | $1,725 |
| 200 Deal Lake Drive | Studio | Studio,1BA | $1,875 |
| West Park Manor | 1 Bedroom | 1BR,1BA | $1,999 |
| Munroe Towers | Floorplan N | 1BR,1BA | $2,005 |
| 8th Ave Condos | 1BR/1.0BA | 1BR,1BA | $2,050 |
| Mi Place at Wayside | 1BR/1BA | 1BR,1BA | $2,060 |
Best Value Apartments for Rent in Neptune, NJ
As of September 07, 2026 the best value apartment in the Neptune area is the $2.80 price per square foot 2 BD / 1.5 BA Model at The Plaza at Belmar in the in the Belmar neighborhood starting from $3,275. The second greatest value Neptune apartment is the Corner 2 bedroom Model at SS Adams Luxury Rentals starting at $3,050 with a $2.77 price per square foot in the Downtown Asbury Park neighborhood. Here is today’s list of the best values for Neptune apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Plaza at Belmar | 2 BD / 1.5 BA | 2BR,1.5BA | $2.80 |
| SS Adams Luxury Rentals | Corner 2 bedroom | 2BR,2BA | $2.77 |
| Ludlow Partners LLC | 2BD | 2BR,1BA | $3.00 |
| Mi Place at Wayside | 1BR/1BA | 1BR,1BA | $2.31 |
| 501-511 Lake Ter | 2BR/1.0BA | 2BR,1BA | $2.63 |
| The Pointe at Neptune | Halifax | 1BR,1BA | $3.03 |
| Gables Apartments | One Bedroom w/ Dining Area | 1BR,1BA | $2.73 |
| Middlebrook at Monmouth | $2.24/sq.ft. - One Bedroom | 1BR,1BA | $2.24 |
| Heritage Village at Ocean, A 55+ Community | 1 BEDROOM | 1BR,1BA | $1.98 |
| West Park Manor | 1 Bedroom | 1BR,1BA | $2.86 |
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 Neptune, NJ
Summerfield Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Neptune, NJ Rentals by Map
See the most popular apartments and homes in Neptune, NJ
Frequently Asked Questions about Cheap Neptune Apartments
What is the price of a cheap apartment in Neptune?
The cheapest apartment in Neptune is 311 6th Ave. which is listed at $1,300, while the average apartment in Neptune costs $2,995.
What types of apartments are the cheapest in Neptune?
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 Neptune 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 Neptune?
Cheap apartments in Neptune have an average cost of $205 which is $2,790 cheaper than the average rent for all rentals in Neptune.
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.