Cheap Homes for Rent in Downtown Neptune City Neighborhood of Neptune, NJ from $1,000 (30 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown Neptune City area of Neptune.

property at 90 Mt Hermon Way

$1,500 - $2,200

1 Bedroom Rentals

Available Now

90 Mt Hermon Way

Ocean GroveNJ07756

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.

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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.

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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.

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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.

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Downtown Neptune City, Neptune, NJ Local Guide

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 ListingModel NameBed/BathPriced From
Holly House ApartmentsStudioStudio,1BA$1,437
510 5th Ave0BR/1.0BAStudio,1BA$1,725
Oxford HeightsSpring Special 50% off second month! Spacious F...1BR,1BA$1,899
Munroe TowersFloorplan P1BR,1BA$1,961
Gables ApartmentsOne Bedroom1BR,1BA$2,135
501-511 Lake Ter2BR/1.0BA2BR,1BA$2,300
211 First Ave2BR/1.0BA2BR,1BA$2,750

Best Value Apartments for Rent in Downtown Neptune City, NJ

As of May 28, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
215 14th Ave, Unit Apt A215 14th Ave6BR,3BA$3.48
302 5th Avenue, Unit Apt 5302 5th Avenue1BR,1BA$3.33
205 10th Ave205 10th Ave3BR,1BA$3.36
501-511 Lake Ter2BR/1.0BA2BR,1BA$2.63
211 First Ave2BR/1.0BA2BR,1BA$3.56
200 6th Ave, Unit 2200 6th Ave1BR,1BA$2.93
Oxford HeightsSpring Special 50% off second month! Spacious F...1BR,1BA$2.71
Munroe TowersFloorplan L1BR,1BA$3.01
Gables ApartmentsOne Bedroom1BR,1BA$3.42
Holly House ApartmentsStudioStudio ,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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Real 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.

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Best Local Schools in
Downtown Neptune City, Neptune, NJ

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Frequently Asked Questions about Downtown Neptune City

What type of rentals are currently available in Downtown Neptune City?

There are currently 430 Apartments for Rent in Downtown Neptune City, NJ with pricing that ranges from $1,437 to $50,000. There are also 217 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Neptune City ranging from $1,000 to $59,000.

What is the current price range for Rental Homes in Downtown Neptune City?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Neptune City ranges from $1,000 to $59,000 with an average monthly rent of $7,465.

How much are larger Three and Four Bedroom Rentals in Downtown Neptune City?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Neptune City range from $3,025 to $6,075, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $35,000. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $3,275.

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

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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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.

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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.

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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.