Cheap Apartments for Rent in Neptune, NJ from $700 (97 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
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Gables Apartments
1 to 2 Bedroom Apartments

Gables Apartments

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

$1,350 - $1,450

1 Bedroom Rentals

Available Now

35 1/2 Olin St

Ocean GroveNJ07756

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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property at 19 Webb Ave

$1,750 - $2,950

1 To 4 Bedroom Rentals

Available Now

19 Webb Ave

Ocean GroveNJ07756

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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property at 644 Church St

$1,850 - $2,500

Studio To 2 Bedroom Rentals

Available Now

644 Church St

Asbury ParkNJ07712

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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Stephen Manor
1 to 3 Bedroom Apartments

Stephen Manor

1100 Atlantic AveAsbury Park, NJ 07712

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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Seacrest Apartments
1 to 2 Bedroom Apartments

Seacrest Apartments

105 Mccabe AveBradley Beach, NJ 07720
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407 8th Ave
Studio to 2 Bedroom Apartments

407 8th Ave

407 8th AveAsbury Park, NJ 07712
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Wayside Oaks
1 to 2 Bedroom Apartments

Wayside Oaks

1200 Wayside RdTinton Falls, NJ 07712
Senior Living
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Meadowbrook
1 to 2 Bedroom Apartments

Meadowbrook

25 Pine StTinton Falls, NJ 07753
Senior Living

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Neptune, NJ Local Guide

Cheapest Neighborhoods for Apartments in Neptune, NJ

Pricing Updated: 06/08/2026

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$8,405$1,43762

Cheapest Available Neptune Apartments for Rent

 

The cheapest available apartment rental in Neptune, NJ is a 1 Bed unit found at Wayside Oaks priced from $1,230. Allenwood Terrace Apartments in the Wall Township neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,237. Here is today’s list of the most affordable Neptune apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Wayside OaksTHE CHESTNUT1BR,1BA$1,230
Allenwood Terrace ApartmentsOne Bedroom1BR,1BA$1,237
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
Oxford HeightsSpring Special 50% off second month! Spacious F...1BR,1BA$1,825
Munroe TowersFloorplan N1BR,1BA$1,971
The Manor at Spring Lake, LLC1 Bedroom/1Bath1BR,1BA$1,985
West Park Manor1 Bedroom1BR,1BA$1,999

Best Value Apartments for Rent in Neptune, NJ

As of June 08, 2026 the best value apartment in the Neptune area is the $2.22 price per square foot 227 16th Ave Model at 227 16th Ave, Unit B in the in the Downtown Neptune City 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.
227 16th Ave, Unit B227 16th Ave4BR,1.5BA$2.22
Surfside CrossingOne Bedroom1BR,1BA$2.64
Mi Place at Wayside1BR/1BA1BR,1BA$2.31
501-511 Lake Ter2BR/1.0BA2BR,1BA$2.63
The Manor at Spring Lake, LLC1 Bedroom/1Bath1BR,1BA$2.36
Middlebrook at Monmouth$2.20/sq.ft. - One Bedroom1BR,1BA$2.20
Allenwood Terrace ApartmentsOne Bedroom1BR,1BA$1.64
Heritage Village at Ocean, A 55+ Community1 BEDROOM1BR,1BA$2.00
Oxford HeightsSpring Special 50% off second month! Spacious F...1BR,1BA$2.61
Wayside OaksTHE CHESTNUT1BR,1BA$1.79

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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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 $1,999.

What is the price of a cheap apartment in Neptune?

The cheapest apartment in Neptune is Wayside Oaks which is listed at $1,230, while the average apartment in Neptune costs $8,405.

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 $8,226 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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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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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.