Cheap Apartments for Rent in Ocean Grove, NJ from $1,000 (73 Rentals)

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Search the lowest-cost Apartments available for rent right now in Ocean Grove.

property at 35 1/2 Olin St

$1,350 - $1,450

1 Bedroom Rentals

Available Now

35 1/2 Olin St

Ocean GroveNJ07756
property at 19 Webb Ave

$1,750 - $3,500

1 To 4 Bedroom Rentals

Available Now

19 Webb Ave

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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property at 1609 W Lake Ave

$1,156

1 Bedroom, 1 Bath Home for Rent

Available Now

1609 W Lake Ave

Neptune CityNJ07753

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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property at 644 Church St

$1,750 - $1,850

Studio Rentals

Available Now

644 Church St

Asbury ParkNJ07712
property at 817 Drummond Ave

$2,000 - $5,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000 - $5,000
Total Monthly Price
$2,000 - $5,000

1 To 3 Bedroom Homes for Rent

Available Now

817 Drummond Ave

Asbury ParkNJ07712

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.

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property at 406 4th Ave

$2,200 - $2,300

1 Bedroom Rentals

Available Now

406 4th Ave

Asbury ParkNJ07712
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Stephen Manor
1 to 3 Bedroom Apartments

Stephen Manor

1100 Atlantic AveAsbury Park, NJ 07712
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Seacrest Apartments
1 to 2 Bedroom Apartments

Seacrest Apartments

105 Mccabe AveBradley Beach, NJ 07720
  • Utilities Included
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407 8th Ave
Studio to 2 Bedroom Apartments

407 8th Ave

407 8th AveAsbury Park, NJ 07712

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-50, Page 1 of 2

Ocean Grove, NJ Local Guide

Cheapest Available Ocean Grove Apartments for Rent

 

The cheapest available apartment rental in Ocean Grove, NJ is a Studio unit found at Holly House Apartments in the Waterfront neighborhood priced from $1,437. 200 Deal Lake Drive in the Waterfront neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,700. Here is today’s list of the most affordable Ocean Grove apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Holly House ApartmentsStudioStudio,1BA$1,437
200 Deal Lake DriveStudioStudio,1BA$1,700
201 LaReineStudio (renovated)Studio,1BA$1,700
320 7th Ave0BR/1.0BAStudio,1BA$1,725
510 5th Ave1BR/1.0BA1BR,1BA$1,800
Munroe TowersFloorplan N1BR,1BA$1,929
406 Deal Lake1BR/1.0BA1BR,1BA$2,075
212 3rd Avenue1BR/1.0BA1BR,1BA$2,150

Best Value Apartments for Rent in Ocean Grove, NJ

As of April 11, 2026 the best value apartment in the Ocean Grove area is the $2.67 price per square foot InteriorTwo Bedroom #406 Model at SS Adams Luxury Rentals in the in the Downtown Asbury Park neighborhood starting from $2,800. The second greatest value Ocean Grove apartment is the 321 Fisher Ave Model at 321 Fisher Ave, Unit 321 Fisher Ave-#1 starting at $1,700 with a $1.70 price per square foot in the Southeast Asbury Park neighborhood. Here is today’s list of the best values for Ocean Grove apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
SS Adams Luxury RentalsInteriorTwo Bedroom #4062BR,2BA$2.67
321 Fisher Ave, Unit 321 Fisher Ave-#1321 Fisher Ave1BR,1BA$1.70
302 5th Avenue, Unit Apt 5302 5th Avenue1BR,1BA$3.33
501-511 Lake Ter2BR/1.0BA2BR,1BA$2.63
406 Deal Lake2BR/1.0BA2BR,1BA$3.22
Munroe TowersFloorplan D1BR,1BA$3.13
212 3rd Avenue1BR/1.0BA1BR,1BA$3.45
200 Deal Lake Drive1 Bed / 1 Bath1BR,1BA$3.00
510 5th Ave1BR/1.0BA1BR,1BA$3.00
Holly House ApartmentsStudioStudio ,1BA$3.33

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Ocean Grove, NJ Rentals by Map

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See the most popular apartments and homes in Ocean Grove, NJ

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Frequently Asked Questions about Cheap Ocean Grove Apartments

What is the Cheapest Studio apartment in Ocean Grove?

Currently the most affordable Cheap Studio Apartment in Ocean Grove is at Holly House Apartments listed at $1,437.

How much is rent for a Cheap One Bedroom Ocean Grove Apartment?

The lowest price for a Cheap One Bedroom Ocean Grove Apartment is $1,539 at Holly House Apartments.

What is the lowest price for a Cheap Two Bedroom Ocean Grove Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Ocean Grove is starting from $2,300 at 501-511 Lake Ter.

What is the most affordable Ocean Grove Three Bedroom Apartment?

The best deal on a cheap Ocean Grove Three Bedroom Apartment rental is at Surfhouse Asbury Park and starts from $5,400.

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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.