
Cheap Apartments for Rent in the Downtown Neptune City Neighborhood of Neptune, NJ from $1,000 (80 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Neptune City area of Neptune.


Neptune Gardens

Steiner Ocean Apartments

Mi Place at Wayside

Gables Apartments

Hampshire Terrace Apartments

35 1/2 Olin St

Holly House Apartments

Ocean Harbor Apartments, LLC

19 Webb Ave
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.

61 Broadway

1705 A St

Brinley Manor, LLC

515 Monmouth Ave

644 Church St

7 Webb Ave

34 Webb Ave

7 Borden Ave

Munroe Towers

Terrace Lake Apartments, LLC
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.

1531 Sewall Ave

45 Pilgrim Pathway, Unit APT#3

Total Monthly Price
116 Embury Ave, Unit Cottage

Mariner Apartments

1000 13th Ave

307 4th Ave

1101 A St

1217 Ocean Ave N

TWELVE17 Ocean Ave

501-511 Lake Ter
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.

101 Anelve Ave

Stephen Manor

Seacrest Apartments

78 New York Ave

Springwood Apartments

35 Ocean Pathway

Frederick Douglas Apartments

5 Ocean Ave N

Sylvania

Minot Gardens
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.

510-512 5th Ave

65 Mt Hermon Way

80 Franklin Ave

Colleen Apartments

100 Ocean Ave N

Fifth Avenue Flats

307 18th Ave

46 Broadway

506 Brinley Ave

Oxford Heights
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 | $8,286 | $1,437 | $10,000+ |
| Downtown Neptune City 1 Bedroom Apartments | $2,685 | $1,350 | $6,000 |
| Downtown Neptune City 2 Bedroom Apartments | $3,184 | $1,800 | $5,910 |
| Downtown Neptune City 3 Bedroom Apartments | $4,621 | $2,600 | $10,000+ |
| Downtown Neptune City 4 Bedroom Apartments | $6,492 | $2,995 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 80 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 $1,981. 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 N | 1BR,1BA | $1,981 |
| 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 | 1 Bed, 1 bath | 1BR,1BA | $2,600 |
| 211 First Ave | 2BR/1.0BA | 2BR,1BA | $2,725 |
Best Value Apartments for Rent in Downtown Neptune City, NJ
As of July 22, 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 One Bedroom Model at Surfside Crossing starting at $2,900 with a $2.64 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 |
| Surfside Crossing | One Bedroom | 1BR,1BA | $2.64 |
| 301 Main Street | On Main With A View | 2BR,2BA | $3.24 |
| The Monroe | 1 Bed, 1 bath | 1BR,1BA | $2.92 |
| Mi Place at Wayside | 1BR/1BA | 1BR,1BA | $2.31 |
| 501-511 Lake Ter | 2BR/1.0BA | 2BR,1BA | $2.63 |
| Gables Apartments | One Bedroom w/ Dining Area | 1BR,1BA | $2.73 |
| Munroe Towers | Floorplan L | 1BR,1BA | $3.06 |
| 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 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 $2,725.
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 $1,531, 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.
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 $7,821 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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.