Cheap Apartments for Rent in Ocean Grove, NJ from $1,000 (89 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 - $2,950

1 To 4 Bedroom Rentals

Available Now

19 Webb Ave

Ocean GroveNJ07756
property at 151 Stockton Ave

$1,900 - $2,100

1 To 2 Bedroom Rentals

Available Jun 15

151 Stockton Ave

Ocean GroveNJ07756
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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property at 644 Church St

$1,850 - $2,500

Studio To 2 Bedroom Rentals

Available Now

644 Church St

Asbury ParkNJ07712

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 1014 Fifth Ave

$2,295 - $2,500

1 To 2 Bedroom Rentals

Available Now

1014 Fifth 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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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. 510 5th Ave in the Waterfront neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,725. 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
510 5th Ave0BR/1.0BAStudio,1BA$1,725
200 Deal Lake Drive1 Bed / 1 Bath1BR,1BA$1,800
Oxford HeightsSpring Special 50% off second month! Spacious F...1BR,1BA$1,899
Munroe TowersFloorplan P1BR,1BA$1,967
501-511 Lake Ter2BR/1.0BA2BR,1BA$2,300
211 First Ave2BR/1.0BA2BR,1BA$2,750

Best Value Apartments for Rent in Ocean Grove, NJ

As of May 27, 2026 the best value apartment in the Ocean Grove area is the $3.33 price per square foot 302 5th Avenue Model at 302 5th Avenue, Unit Apt 5 in the in the Waterfront neighborhood starting from $3,000. The second greatest value Ocean Grove apartment is the 2BR/1.0BA Model at 501-511 Lake Ter starting at $2,300 with a $2.63 price per square foot in the Downtown 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.
302 5th Avenue, Unit Apt 5302 5th Avenue1BR,1BA$3.33
501-511 Lake Ter2BR/1.0BA2BR,1BA$2.63
42 Pilgrim Pathway2/22BR,2BA$4.19
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$3.02
200 Deal Lake Drive1 Bed / 1 Bath1BR,1BA$3.00
45 Pilgrim Pathway, Unit APT#345 Pilgrim Pathway2BR,1BA$4.10
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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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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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 $5,620.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

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.

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.