
Cheap Homes for Rent in Neptune, NJ from $1,500 (34 Rentals)
Search the lowest-cost Homes available for rent right now in Neptune.


35 Ocean Pathway

65 Mt Hermon Way

307 18th Ave

1917 W Lake Ave

98 Darlington Rd

87 Cookman Ave

604 12th Ave
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.

629 Redmond Ave

747 20th Ave

516.5 15th Ave

507 15th Ave

206 16th Ave

124 Broadway

15 Garfield Ave

303 7th Ave
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.

1691 M St

301 8th Ave

109 Mt Tabor Way

132 Heck Ave

603 Laurel Ave

100 Mt Tabor Way

124 Main Ave

609 16th Ave
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.

819 1/2 16th Ave

407 1/2 13th Ave

147 Broadway

77 Abbott Ave

113 Central Ave

205 Ocean Ave N

107 Des Moines Ct

608 Lareine 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.

738 18th Ave

119 Pilgrim Pathway
Neptune, NJ Local Guide

How much does it cost to rent a home in Neptune?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Neptune 2 Bedroom Homes for Rent | $5,149 | $1,875 | $10,000+ |
| Neptune 3 Bedroom Homes for Rent | $7,235 | $1,900 | $10,000+ |
| Neptune 4 Bedroom Homes for Rent | $8,725 | $2,200 | $10,000+ |
| Neptune 5 Bedroom Homes for Rent | $9,117 | $2,500 | $10,000+ |
| Neptune 6 Bedroom Homes for Rent | $15,627 | $3,600 | $10,000+ |
| Neptune 7 Bedroom Homes for Rent | $16,666 | $4,200 | $10,000+ |
Browse Top Homes for Rent in Neptune
Explore Neptune
Neptune, NJ Local Guide
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Cheapest Neighborhoods for Apartments in Neptune, NJ
Pricing Updated: 06/04/2026Current apartment rentals in the Neptune, NJ area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Neptune Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Neptune City | $8,405 | $1,437 | 56 |
Cheapest Available Neptune Apartments for Rent and Nearby
 The cheapest available apartment rental in Neptune, NJ is a 1 Bed unit found at Wayside Oaks priced from $1,230. Allenwood Terrace Apartments in the Wall Township neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,237. Here is today’s list of the most affordable Neptune apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Wayside Oaks | THE CHESTNUT | 1BR,1BA | $1,230 |
| Allenwood Terrace Apartments | One Bedroom | 1BR,1BA | $1,237 |
| Holly House Apartments | Studio | Studio,1BA | $1,437 |
| Heritage Village at Ocean, A 55+ Community | 1 BEDROOM | 1BR,1BA | $1,440 |
| Middlebrook at Monmouth | $2.20/sq.ft. - One Bedroom | 1BR,1BA | $1,695 |
| 200 Deal Lake Drive | Studio | Studio,1BA | $1,700 |
| Oxford Heights | Spring Special 50% off second month! Spacious F... | 1BR,1BA | $1,825 |
| Munroe Towers | Floorplan N | 1BR,1BA | $1,944 |
| The Manor at Spring Lake, LLC | 1 Bedroom/1Bath | 1BR,1BA | $1,985 |
| West Park Manor | 1 Bedroom | 1BR,1BA | $1,999 |
Best Value Apartments for Rent in Neptune, NJ and Nearby
As of June 04, 2026 the best value apartment in the Neptune area is the $2.22 price per square foot 227 16th Ave Model at 227 16th Ave, Unit B in the in the Downtown Neptune City neighborhood starting from $3,275. The second greatest value Neptune 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 Neptune 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 | $2.22 |
| Surfside Crossing | One Bedroom | 1BR,1BA | $2.64 |
| Mi Place at Wayside | 1BR/1BA | 1BR,1BA | $2.31 |
| 501-511 Lake Ter | 2BR/1.0BA | 2BR,1BA | $2.63 |
| The Manor at Spring Lake, LLC | 1 Bedroom/1Bath | 1BR,1BA | $2.36 |
| Middlebrook at Monmouth | $2.20/sq.ft. - One Bedroom | 1BR,1BA | $2.20 |
| Allenwood Terrace Apartments | One Bedroom | 1BR,1BA | $1.64 |
| Heritage Village at Ocean, A 55+ Community | 1 BEDROOM | 1BR,1BA | $2.00 |
| Oxford Heights | Spring Special 50% off second month! Spacious F... | 1BR,1BA | $2.61 |
| Wayside Oaks | THE CHESTNUT | 1BR,1BA | $1.79 |
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 Neptune, NJ
Summerfield Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Neptune, NJ Rentals by Map
See the most popular apartments and homes in Neptune, NJ
Frequently Asked Questions about Neptune
What type of rentals are currently available in Neptune?
There are currently 482 Apartments for Rent in Neptune, NJ with pricing that ranges from $1,437 to $50,000. There are also 322 Single Family Homes for rent, Condos, and Townhome rentals currently available in Neptune ranging from $1,500 to $59,000.
What is the current price range for Rental Homes in Neptune?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Neptune ranges from $1,500 to $59,000 with an average monthly rent of $9,302.
How much are larger Three and Four Bedroom Rentals in Neptune?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Neptune range from $3,025 to $6,075, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,900 to $55,000. Four Bedroom Single-Family rentals are also available starting from $2,200 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

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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.

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.