Cheap Apartments for Rent in the Downtown Neptune City Neighborhood of Neptune, NJ from $1,000 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Neptune City area of Neptune.

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.

Holly House Apartments

45 Pilgrim Pathway, Unit APT#2

Springwood Apartments
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 | $4,825 | $1,362 | $10,000+ |
Downtown Neptune City 1 Bedroom Apartments | $2,624 | $1,350 | $10,000+ |
Downtown Neptune City 2 Bedroom Apartments | $3,687 | $1,950 | $10,000+ |
Downtown Neptune City 3 Bedroom Apartments | $5,760 | $2,750 | $10,000+ |
Downtown Neptune City 4 Bedroom Apartments | $3,240 | $3,240 | $3,240 |
Browse Apartments in this Neighborhood
There are currently 10 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 $1,362. Springwood Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,550. 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 | $1,362 |
Springwood Apartments | Studio | Studio,1BA | $1,550 |
200 Deal Lake Drive | Studio | Studio,1BA | $1,795 |
Best Value Apartments for Rent in Downtown Neptune City, NJ
As of June 05, 2025 the best value apartment in the Downtown Neptune City 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 Downtown Neptune City 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 Downtown Neptune City 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 |
301 Main Street | On Main | 2BR,2BA | $3.04 |
WELLSBROOK, LLC | A Lesson in Luxury.... We call it Wellsbrook - ... | 2BR,1.5BA | $2.68 |
227 16th Ave, Unit A | 227 16th Ave | 3BR,1.5BA | $2.98 |
SS Adams Luxury Rentals | One Bed One Bath with bath on Suite | 1BR,1BA | $2.99 |
205 10th Ave, Unit Rear House Unit 4 | 205 10th Ave | 3BR,1BA | $3.06 |
501-511 Lake Ter | 2BR/1.0BA | 2BR,1BA | $2.85 |
The Manor at Spring Lake, LLC | 1 Bedroom/1Bath | 1BR,1BA | $2.32 |
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 Downtown Neptune City, Neptune, NJ
Woodrow Wilson Elementary School
School data provided by Great Schools
Getting Around the Downtown Neptune City Neighborhood in Neptune, NJ
Walk Score®
76 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
70 / 100
Very Bikeable
Biking is convenient for most trips
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 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 $2,050.
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 $1,795, while the average apartment in Downtown Neptune City costs $8,000.
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.
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.