
Cheap Apartments for Rent in the Downtown Neptune City Neighborhood of Neptune, NJ from $1,000 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Neptune City area of Neptune.


1609 W Lake Ave

35 1/2 Olin St

Holly House Apartments

31 Atlantic Ave

Ocean Harbor Apartments, LLC
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Total Monthly Price
710 Grand Ave

16 Lake Ave

112a 18th Ave

19 Webb Ave

43 Webb Ave

201 LaReine
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Stephen Manor

Seacrest Apartments

Springwood Apartments

Frederick Douglas Apartments

Sylvania

Fifth Avenue Flats
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320 7th Ave

506 Brinley Ave
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 | $2,099 | $1,437 | $3,100 |
| Downtown Neptune City 1 Bedroom Apartments | $2,630 | $1,156 | $10,000+ |
| Downtown Neptune City 2 Bedroom Apartments | $5,766 | $2,340 | $10,000+ |
| Downtown Neptune City 3 Bedroom Apartments | $3,625 | $1,700 | $5,850 |
| Downtown Neptune City 4 Bedroom Apartments | $8,408 | $3,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 20 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 Studio unit found at Holly House Apartments priced from $1,437. Munroe Towers has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,876. 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 |
| Munroe Towers | Floorplan P | 1BR,1BA | $1,876 |
| Oxford Heights | Spacious Fully Renovated 1-Bedroom Apartment wi... | 1BR,1BA | $1,899 |
| 510 5th Ave | 1BR/1.0BA | 1BR,1BA | $2,075 |
| 212 3rd Avenue | 1BR/1.0BA | 1BR,1BA | $2,175 |
Best Value Apartments for Rent in Downtown Neptune City, NJ
As of February 25, 2026 the best value apartment in the Downtown Neptune City area is the $2.67 price per square foot InteriorTwo Bedroom #406 Model at SS Adams Luxury Rentals in the in the Downtown Asbury Park neighborhood starting from $2,800. The second greatest value Downtown Neptune City apartment is the 2BR/1.0BA Model at 501-511 Lake Ter starting at $2,493 with a $2.85 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. |
|---|---|---|---|
| SS Adams Luxury Rentals | InteriorTwo Bedroom #406 | 2BR,2BA | $2.67 |
| 501-511 Lake Ter | 2BR/1.0BA | 2BR,1BA | $2.85 |
| Gables Apartments | One Bedroom w/ Dining Area | 1BR,1BA | $2.81 |
| 319 7th Ave | 1BR/1.0BA | 1BR,1BA | $3.20 |
| 200 6th Ave, Unit 2 | 200 6th Ave | 1BR,1BA | $2.72 |
| Oxford Heights | Spacious Fully Renovated 1-Bedroom Apartment wi... | 1BR,1BA | $2.71 |
| Munroe Towers | Floorplan L | 1BR,1BA | $3.20 |
| 212 3rd Avenue | 1BR/1.0BA | 1BR,1BA | $3.49 |
| 510 5th Ave | 1BR/1.0BA | 1BR,1BA | $3.46 |
| 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.
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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 $2,350.
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 $8,890.
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 $8,771 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

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.