Cheap Apartments for Rent in Neptune, NJ from $700 (112 Rentals)

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

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Neptune Gardens
1 to 2 Bedroom Apartments

Neptune Gardens

300 Neptune BlvdNeptune, NJ 07753
  • Utilities Included
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Mi Place at Wayside
1 to 2 Bedroom Apartments

Mi Place at Wayside

740 Wayside RdNeptune, NJ 07753
  • Utilities Included
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Gables Apartments
1 to 2 Bedroom Apartments

Gables Apartments

113 Walnut StNeptune, NJ 07753
  • Utilities Included
property at 35 1/2 Olin St

$1,350 - $1,450

1 Bedroom Rentals

Available Now

35 1/2 Olin St

Ocean GroveNJ07756

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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property at 19 Webb Ave

$1,750 - $2,950

1 To 4 Bedroom Rentals

Available Now

19 Webb Ave

Ocean GroveNJ07756
property at 644 Church St

$1,850 - $2,500

Studio To 2 Bedroom Rentals

Available Now

644 Church St

Asbury ParkNJ07712

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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property at 7 Webb Ave

$1,850 - $2,000

1 To 2 Bedroom Rentals

Available Oct 1

7 Webb Ave

Ocean GroveNJ07756

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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property at 1101 A St

$2,200

2 Bedroom Rentals

Available Now

1101 A St

BelmarNJ07719

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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Stephen Manor
1 to 3 Bedroom Apartments

Stephen Manor

1100 Atlantic AveAsbury Park, NJ 07712
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Seacrest Apartments
1 to 2 Bedroom Apartments

Seacrest Apartments

105 Mccabe AveBradley Beach, NJ 07720
  • Utilities Included

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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Neptune, NJ Local Guide

Cheapest Neighborhoods for Apartments in Neptune, NJ

Pricing Updated: 07/24/2026

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

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Neptune City$8,000$1,35073

Cheapest Available Neptune Apartments for Rent

 

The cheapest available apartment rental in Neptune, NJ is a Studio unit found at Holly House Apartments in the Waterfront neighborhood priced from $1,437. 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 $1,440. Here is today’s list of the most affordable Neptune apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Holly House ApartmentsStudioStudio,1BA$1,437
Heritage Village at Ocean, A 55+ Community1 BEDROOM1BR,1BA$1,440
Middlebrook at Monmouth$2.20/sq.ft. - One Bedroom1BR,1BA$1,695
200 Deal Lake DriveStudioStudio,1BA$1,700
Shenandoah Arms, LLC1 Bedroom/1 Bath1BR,1BA$1,975
West Park Manor1 Bedroom1BR,1BA$1,999
Munroe TowersFloorplan N1BR,1BA$2,012
Mi Place at Wayside1BR/1BA1BR,1BA$2,060

Best Value Apartments for Rent in Neptune, NJ

As of July 24, 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 One Bedroom Model at Surfside Crossing starting at $2,900 with a $2.64 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Plaza at Belmar2 BD / 1.5 BA2BR,1.5BA$2.80
Surfside CrossingOne Bedroom1BR,1BA$2.64
The Monroe1 Bed, 1 bath1BR,1BA$2.92
Mi Place at Wayside1BR/1BA1BR,1BA$2.31
501-511 Lake Ter2BR/1.0BA2BR,1BA$2.63
Shenandoah Arms, LLC1 Bedroom/1 Bath1BR,1BA$2.48
Gables ApartmentsOne Bedroom w/ Dining Area1BR,1BA$2.73
Middlebrook at Monmouth$2.20/sq.ft. - One Bedroom1BR,1BA$2.20
Heritage Village at Ocean, A 55+ Community1 BEDROOM1BR,1BA$2.00
200 Deal Lake Drive1 Bed / 1 Bath1BR,1BA$3.00

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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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.

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Neptune, NJ

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

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Frequently Asked Questions about Cheap Neptune Apartments

What is a cheap apartment in Neptune?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Neptune is under $2,060.

What is the price of a cheap apartment in Neptune?

The cheapest apartment in Neptune is Heritage Village at Ocean, A 55+ Community which is listed at $1,440, while the average apartment in Neptune costs $8,000.

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 $179 which is $7,821 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

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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 Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.