Cheap Homes for Rent in Ocean Grove, NJ from $1,500 (44 Rentals)

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

property at 709 Ocean Ave N

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

Studio, 1 Bath Condo for Rent

Available Now

709 Ocean Ave N, Unit 9

709 Ocean Ave N
Avon By The SeaNJ07717

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.

property at 1700 Webb St

$1,800 - $3,400

Studio To 3 Bedroom Rentals

Available Now

1700 Webb St

Asbury ParkNJ07712

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.

property at 311 4th Ave

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950

1 Bedroom, 1 Bath Condo for Rent

Available Now

311 4th Ave, Unit 202

311 4th Ave
Asbury ParkNJ07712

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.

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.

property at 305 4th Ave

$2,250

Total Monthly Price

Total Monthly Price

Base Rent
$2,250

Total Monthly Price
$2,250

1 Bedroom, 1 Bath Condo for Rent

Available Now

305 4th Ave, Unit 202

305 4th Ave
Asbury ParkNJ07712

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.

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 $1,875. 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$1,875
201 LaReineStudio (renovated)Studio,1BA$1,900
Munroe TowersFloorplan N1BR,1BA$1,949
8th Ave Condos1BR/1.0BA1BR,1BA$2,050
Mariner ApartmentsOne Bedroom1BR,1BA$2,165
501-511 Lake Ter2BR/1.0BA2BR,1BA$2,300
406 Deal Lake1BR/1.0BA1BR,1BA$2,325

Best Value Apartments for Rent in Ocean Grove, NJ

As of August 30, 2026 the best value apartment in the Ocean Grove area is the $2.64 price per square foot Interior Two Bedroom Model at SS Adams Luxury Rentals in the in the Downtown Asbury Park neighborhood starting from $2,900. The second greatest value Ocean Grove apartment is the On Main With A View Model at 301 Main Street starting at $3,400 with a $3.24 price per square foot in the Bradley Beach 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 RentalsInterior Two Bedroom2BR,2BA$2.64
301 Main StreetOn Main With A View2BR,2BA$3.24
Ludlow Partners LLC2BD2BR,1BA$3.00
The Monroe1A.21BR,1BA$3.13
501-511 Lake Ter2BR/1.0BA2BR,1BA$2.63
Munroe TowersFloorplan N1BR,1BA$2.83
Mariner ApartmentsOne Bedroom1BR,1BA$3.25
8th Ave Condos1BR/1.0BA1BR,1BA$3.24
200 Deal Lake Drive1 Bed / 1 Bath1BR,1BA$3.17
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

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

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Frequently Asked Questions about Ocean Grove

What type of rentals are currently available in Ocean Grove?

There are currently 428 Apartments for Rent in Ocean Grove, NJ with pricing that ranges from $1,437 to $12,500. There are also 263 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ocean Grove ranging from $1,500 to $32,000.

What is the current price range for Rental Homes in Ocean Grove?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Ocean Grove ranges from $1,500 to $32,000 with an average monthly rent of $4,600.

How much are larger Three and Four Bedroom Rentals in Ocean Grove?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Ocean Grove range from $2,500 to $12,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $12,500. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $7,750.

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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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.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.