
Cheap Apartments for Rent in the Downtown Neptune City Neighborhood of Neptune, NJ from $1,000 (74 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

Holly House Apartments

35 1/2 Olin St

Ocean Harbor Apartments, LLC

19 Webb Ave

61 Broadway

433 Garfield Ln
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.

620 Mattison Ave

Brinley Manor, LLC

515 Monmouth Ave

644 Church St

151 Stockton Ave

34 Webb Ave

Munroe Towers

309 2nd Ave

Terrace Lake Apartments, LLC

45 Pilgrim Pathway, Unit APT#3
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.

1005 Main St

Mariner Apartments

Total Monthly Price
200 6th Ave, Unit 2

212 3rd Avenue

711 3rd Ave

1014 Fifth Ave

501-511 Lake Ter

201 LaReine

404 16th Ave

Stephen Manor
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.

Seacrest Apartments

78 New York Ave

90 Mt Hermon Way

Springwood Apartments

35 Ocean Pathway

Frederick Douglas Apartments

Sylvania

400 3rd Ave

510 5th Ave

320 7th Ave
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.

Fifth Avenue Flats

77 Abbott Ave

506 Brinley Ave

211 First Ave

1266 Washington Ave

Oxford Heights

87 Cookman Ave

1917 W Lake Ave

604 12th Ave

516.5 15th Ave
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.
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 | $8,198 | $1,437 | $10,000+ |
| Downtown Neptune City 1 Bedroom Apartments | $2,928 | $1,450 | $10,000+ |
| Downtown Neptune City 2 Bedroom Apartments | $3,607 | $1,800 | $10,000+ |
| Downtown Neptune City 3 Bedroom Apartments | $4,153 | $3,025 | $6,075 |
| Downtown Neptune City 4 Bedroom Apartments | $7,560 | $3,275 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 74 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
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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. 510 5th Ave has the second lowest priced unit, which is a Studio apartment currently listed from $1,725. 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 |
| 510 5th Ave | 0BR/1.0BA | Studio,1BA | $1,725 |
| Oxford Heights | Spring Special 50% off second month! Spacious F... | 1BR,1BA | $1,899 |
| Munroe Towers | Floorplan P | 1BR,1BA | $1,961 |
| Gables Apartments | One Bedroom | 1BR,1BA | $2,135 |
| 501-511 Lake Ter | 2BR/1.0BA | 2BR,1BA | $2,300 |
| 211 First Ave | 2BR/1.0BA | 2BR,1BA | $2,750 |
Best Value Apartments for Rent in Downtown Neptune City, NJ
As of May 27, 2026 the best value apartment in the Downtown Neptune City area is the $3.48 price per square foot 215 14th Ave Model at 215 14th Ave, Unit Apt A in the in the Downtown Neptune City neighborhood starting from $8,000. The second greatest value Downtown Neptune City apartment is the 302 5th Avenue Model at 302 5th Avenue, Unit Apt 5 starting at $3,000 with a $3.33 price per square foot in the Waterfront 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. |
|---|---|---|---|
| 215 14th Ave, Unit Apt A | 215 14th Ave | 6BR,3BA | $3.48 |
| 302 5th Avenue, Unit Apt 5 | 302 5th Avenue | 1BR,1BA | $3.33 |
| 205 10th Ave | 205 10th Ave | 3BR,1BA | $3.36 |
| 501-511 Lake Ter | 2BR/1.0BA | 2BR,1BA | $2.63 |
| 211 First Ave | 2BR/1.0BA | 2BR,1BA | $3.56 |
| 200 6th Ave, Unit 2 | 200 6th Ave | 1BR,1BA | $2.93 |
| Oxford Heights | Spring Special 50% off second month! Spacious F... | 1BR,1BA | $2.71 |
| Munroe Towers | Floorplan L | 1BR,1BA | $3.01 |
| Gables Apartments | One Bedroom | 1BR,1BA | $3.42 |
| 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 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 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 $2,750.
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 $8,405.
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 $179 which is $8,226 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

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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.