
Cheap Apartments for Rent in the Downtown Neptune City Neighborhood of Neptune, NJ from $1,000 (72 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Neptune City area of Neptune.


Gables Apartments

Mi Place at Wayside

Hampshire Terrace Apartments

1609 W Lake Ave

Holly House Apartments

35 1/2 Olin St

Ocean Harbor Apartments, LLC

201 LaReine

112a 18th 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.

Total Monthly Price
321 Fisher Ave, Unit 321 Fisher Ave-#1, Unit 321 Fisher Ave-#1

321 Fisher Ave

702-704-704 Fifth Ave, Unit D1

644 Church St

19 Webb Ave

43 Webb Ave

Brinley Manor, LLC

515 Monmouth Ave

Munroe Towers

309 2nd 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.

Terrace Lake Apartments, LLC

Total Monthly Price
200 6th Ave, Unit 2, Unit 2

817 Drummond Ave

45 Pilgrim Pathway, Unit APT#3, Unit APT#3

Mariner Apartments

7 Abbott Ave

Total Monthly Price
406 Fisher Ave, Unit 1st Floor Apartment, Unit 1st Floor Apartment

91 Main Ave, Unit 5

308 7th Ave

501-511 Lake Ter
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.

406 4th Ave

922 4th Ave

89 Main Ave, Unit 5

Stephen Manor

Seacrest Apartments

78 New York Ave

Springwood Apartments

35 Ocean Pathway

Frederick Douglas Apartments

Sylvania
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.

510 5th Ave

320 7th Ave

Fifth Avenue Flats

506 Brinley Ave

23 Abbott Ave

1266 Washington Ave

Oxford Heights

87 Cookman Ave

1225 7th Ave

413 Ridge Ave
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.
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 | $2,491 | $1,437 | $3,800 |
| Downtown Neptune City 1 Bedroom Apartments | $2,646 | $1,156 | $4,180 |
| Downtown Neptune City 2 Bedroom Apartments | $5,353 | $2,050 | $10,000+ |
| Downtown Neptune City 3 Bedroom Apartments | $6,469 | $1,700 | $10,000+ |
| Downtown Neptune City 4 Bedroom Apartments | $8,786 | $3,275 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 72 rentals with your search options within a 2 mile radius of the Downtown Neptune City Neighborhood of Neptune, NJ.
See all Apartments in NeptuneExplore Neptune
Downtown Neptune City, Neptune, NJ Local Guide
- Nearby Neptune neighborhoods
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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 Studio unit found at Holly House Apartments priced from $1,437. 201 LaReine has the second lowest priced unit, which is a Studio apartment currently listed from $1,700. Here are the most affordable Downtown Neptune City apartments for rent in Neptune, NJ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Holly House Apartments | Studio | Studio,1BA | $1,437 |
| 201 LaReine | Studio (renovated) | Studio,1BA | $1,700 |
| 320 7th Ave | 0BR/1.0BA | Studio,1BA | $1,725 |
| 510 5th Ave | 1BR/1.0BA | 1BR,1BA | $1,800 |
| Munroe Towers | Floorplan N | 1BR,1BA | $1,929 |
| Gables Apartments | One Bedroom w/ Dining Area | 1BR,1BA | $2,135 |
| 400 3rd Ave | 1BR/1.0BA | 1BR,1BA | $2,150 |
Best Value Apartments for Rent in Downtown Neptune City, NJ
As of April 12, 2026 the best value apartment in the Downtown Neptune City area is the $2.94 price per square foot 2 BD / 2 BA + DEN Model at The Plaza at Belmar in the in the Downtown Neptune City neighborhood starting from $3,500. The second greatest value Downtown Neptune City apartment is the InteriorTwo Bedroom #406 Model at SS Adams Luxury Rentals starting at $2,800 with a $2.67 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 / 2 BA + DEN | 2BR,2BA | $2.94 |
| SS Adams Luxury Rentals | InteriorTwo Bedroom #406 | 2BR,2BA | $2.67 |
| 321 Fisher Ave, Unit 321 Fisher Ave-#1 | 321 Fisher Ave | 1BR,1BA | $1.70 |
| 302 5th Avenue, Unit Apt 5 | 302 5th Avenue | 1BR,1BA | $3.33 |
| 501-511 Lake Ter | 2BR/1.0BA | 2BR,1BA | $2.63 |
| Gables Apartments | One Bedroom w/ Dining Area | 1BR,1BA | $2.73 |
| 200 6th Ave, Unit 2 | 200 6th Ave | 1BR,1BA | $2.72 |
| Munroe Towers | Floorplan D | 1BR,1BA | $3.13 |
| 510 5th Ave | 1BR/1.0BA | 1BR,1BA | $3.00 |
| Holly House Apartments | Studio | Studio ,1BA | $3.33 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 a cheap apartment in Downtown Neptune City?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Neptune City is under $2,150.
What is the price of a cheap apartment in Downtown Neptune City?
The cheapest apartment in Downtown Neptune City is Holly House Apartments which is listed at $1,539, while the average apartment in Downtown Neptune City costs $9,235.
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 $119 which is $9,116 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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.