Cheap Apartments for Rent in Neptune, NJ from $700 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in Neptune.

129 Pennsylvania Ave

35 Olin St
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.

Heritage Village at Ocean, A 55+ Community

Continental Gardens

601 Main St

Holly House Apartments

19 Webb Ave

45 Pilgrim Pathway, Unit APT#2
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.
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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 | $4,642 | $1,427 | $10,000+ |
Cheap Neptune 1 Bedroom Apartments | $2,507 | $1,350 | $10,000+ |
Cheap Neptune 2 Bedroom Apartments | $3,673 | $1,350 | $10,000+ |
Cheap Neptune 3 Bedroom Apartments | $5,444 | $2,600 | $10,000+ |
Cheap Neptune 4 Bedroom Apartments | $3,240 | $3,240 | $3,240 |
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Neptune, NJ Local Guide
- Neptune Neighborhoods
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Cheapest Neighborhoods for Apartments in Neptune, NJ
Pricing Updated: 06/10/2025Current 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:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Downtown Neptune City | $8,000 | $1,350 | 55 |
Cheapest Available Neptune Apartments for Rent
 The cheapest available apartment rental in Neptune, NJ is a 1 Bed unit found at Heritage Village at Ocean, A 55+ Community in the Wanamassa neighborhood priced from $1,367. Holly House Apartments in the Waterfront neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,427. Here is today’s list of the most affordable Neptune apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Heritage Village at Ocean, A 55+ Community | 1 BEDROOM | 1BR,1BA | $1,367 |
Holly House Apartments | Studio | Studio,1BA | $1,427 |
Springwood Apartments | Studio | Studio,1BA | $1,550 |
Middlebrook at Monmouth | $2.18/sq.ft. - One Bedroom | 1BR,1BA | $1,675 |
200 Deal Lake Drive | Studio | Studio,1BA | $1,795 |
Best Value Apartments for Rent in Neptune, NJ
As of June 10, 2025 the best value apartment in the Neptune area is the $2.20 price per square foot 227 16th Ave Model at 227 16th Ave, Unit B in the in the Downtown Neptune City neighborhood starting from $3,240. The second greatest value Neptune apartment is the CORNER 2BD / 2BA Model at The Plaza at Belmar starting at $3,390 with a $2.57 price per square foot in the Downtown Neptune City 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. |
---|---|---|---|
227 16th Ave, Unit B | 227 16th Ave | 4BR,1.5BA | $2.20 |
The Plaza at Belmar | CORNER 2BD / 2BA | 2BR,2BA | $2.57 |
Primrose Place | Farnsworth | 2BR,2BA | $2.41 |
WELLSBROOK, LLC | A Lesson in Luxury.... We call it Wellsbrook - ... | 2BR,1.5BA | $2.68 |
The Oaks | One Bedroom | 1BR,1BA | $2.68 |
Victoria Gardens | 1 Bedroom | 1BR,1BA | $2.08 |
The Manor at Spring Lake, LLC | 1 Bedroom/1Bath | 1BR,1BA | $2.32 |
Middlebrook at Monmouth | $2.18/sq.ft. - One Bedroom | 1BR,1BA | $2.18 |
Heritage Village at Ocean, A 55+ Community | 1 BEDROOM | 1BR,1BA | $1.90 |
Oxford Heights | Spacious Fully Renovated 1-Bedroom Apartment wi... | 1BR,1BA | $2.71 |
Quick Rent Budget Calculator
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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!
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Getting Around Neptune, NJ
Walk Score®
62 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
57 / 100
Bikeable
Some bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,900.
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 $1,367, 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.
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.