
Cheap Apartments for Rent in the Downtown Neptune City Neighborhood of Neptune, NJ from $1,023 (73 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Neptune City area of Neptune.


Steiner Ocean Apartments

Mi Place at Wayside

Gables Apartments

300 10th Ave, Unit SWI

Holly House Apartments

22 Webb Ave

Ocean Harbor Apartments, LLC

61 Broadway

Brinley Manor, LLC
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.

515 Monmouth Ave

12 Borden Ave

7 Webb Ave

89 Main Ave, Unit 5

142 Broadway, Unit 2E

201 LaReine

35 Ocean Pathway

702-704-704 Fifth Ave, Unit E2

700 Emory St

Munroe Towers
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.

Terrace Lake Apartments, LLC

45 Pilgrim Pathway, Unit APT#3

Mariner Apartments

19 Webb Ave

543 Prospect Ave

Stephen Manor

Seacrest Apartments

311 6th Ave.

78 New York Ave

709 Ocean Ave N, Unit 9
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.

Springwood Apartments

Frederick Douglas Apartments

85 Mt Zion Way

327 New Bedford Rd

124 Broadway

Sylvania

211 First Ave

Minot Gardens

65 Mt Hermon Way

80 Franklin 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.

1700 Webb St

Fifth Avenue Flats

1225 6th Ave

206 16th Ave

506 Brinley Ave

Oxford Heights

1266 Washington Ave

1022-24 Sewall Ave

50 Cookman Ave

805 Sixth Ave
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.
Downtown Neptune City, Neptune, NJ Local Guide

How much does it cost to rent an apartment in Downtown Neptune City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Neptune City Studio Apartments | $2,416 | $1,437 | $3,095 |
| Downtown Neptune City 1 Bedroom Apartments | $2,510 | $1,500 | $3,715 |
| Downtown Neptune City 2 Bedroom Apartments | $3,325 | $2,050 | $5,910 |
| Downtown Neptune City 3 Bedroom Apartments | $4,208 | $2,500 | $8,500 |
| Downtown Neptune City 4 Bedroom Apartments | $6,967 | $3,375 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 73 rentals with your search options within a 2 mile radius of the Downtown Neptune City Neighborhood of Neptune, NJ.
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Downtown Neptune City, Neptune, NJ Local Guide
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Cheapest Available Downtown Neptune City Apartments for Rent
 The cheapest available apartment rental in the Downtown Neptune City area of Neptune, NJ is a 1 Bed unit found at 311 6th Ave. priced from $1,300. Holly House Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,437. Here are the most affordable Downtown Neptune City apartments for rent in Neptune, NJ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 311 6th Ave. | 1BR/4.0BA | 1BR,4BA | $1,300 |
| Holly House Apartments | Studio | Studio,1BA | $1,437 |
| Munroe Towers | Floorplan N | 1BR,1BA | $1,995 |
| Mi Place at Wayside | 1BR/1BA | 1BR,1BA | $2,060 |
| Gables Apartments | One Bedroom w/ Dining Area | 1BR,1BA | $2,135 |
| Mariner Apartments | One Bedroom | 1BR,1BA | $2,165 |
| 501-511 Lake Ter | 2BR/1.0BA | 2BR,1BA | $2,300 |
| The Monroe | 1A.1 | 1BR,1BA | $2,665 |
Best Value Apartments for Rent in Downtown Neptune City, NJ
As of September 06, 2026 the best value apartment in the Downtown Neptune City 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 Downtown Neptune City 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 Downtown Neptune City 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 |
| 301 Main Street | On Main With A View | 2BR,2BA | $3.24 |
| Ludlow Partners LLC | 2BD | 2BR,1BA | $3.00 |
| Mi Place at Wayside | 1BR/1BA | 1BR,1BA | $2.31 |
| The Monroe | 1A.2 | 1BR,1BA | $3.13 |
| 501-511 Lake Ter | 2BR/1.0BA | 2BR,1BA | $2.63 |
| Gables Apartments | One Bedroom w/ Dining Area | 1BR,1BA | $2.73 |
| Mariner Apartments | One Bedroom | 1BR,1BA | $3.25 |
| Holly House Apartments | Studio | Studio ,1BA | $3.33 |
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 Downtown Neptune City, Neptune, NJ
Woodrow Wilson Elementary School
School data provided by Great Schools
Frequently Asked Questions about Cheap Downtown Neptune City Apartments
What is the price of a cheap apartment in Downtown Neptune City?
The cheapest apartment in Downtown Neptune City is 311 6th Ave. which is listed at $1,300, while the average apartment in Downtown Neptune City costs $2,995.
What types of apartments are the cheapest in Downtown Neptune City?
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 Downtown Neptune City 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 Downtown Neptune City?
Cheap apartments in Downtown Neptune City have an average cost of $205 which is $2,790 cheaper than the average rent for all rentals in Downtown Neptune City.
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.