Cheap Homes for Rent in Ocean Grove, NJ from $1,200 (32 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 302 Fifth Ave

302 Fifth Ave

Asbury ParkNJ07712
property at 311 4th Ave

311 4th Ave

Asbury ParkNJ07712
property at 302 Fifth Ave

302 Fifth Ave

Asbury ParkNJ07712
property at 1957 W Lake Ave

1957 W Lake Ave

Neptune CityNJ07753
Showing Results 1-32, Page 1 of 1

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. Springwood Apartments in the Waterfront neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,550. 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
Springwood ApartmentsStudioStudio,1BA$1,550
200 Deal Lake DriveStudioStudio,1BA$1,800
Munroe TowersFloorplan P1BR,1BA$1,906
Mariner Apartments1 Bed, 1 bath1BR,1BA$1,954
8th Ave Condos1BR/1.0BA1BR,1BA$2,030
Oxford HeightsSpacious Fully Renovated 1-Bedroom Apartment wi...1BR,1BA$2,075
320 7th Ave1BR/1.0BA1BR,1BA$2,100
406 Deal Lake1BR/1.0BA1BR,1BA$2,200
211 First Ave1BR/1.0BA1BR,1BA$2,200

Best Value Apartments for Rent in Ocean Grove, NJ

As of September 30, 2025 the best value apartment in the Ocean Grove area is the $3.00 price per square foot Corner Two Bedroom Two bath Model at SS Adams Luxury Rentals in the in the Downtown Asbury Park neighborhood starting from $3,300. The second greatest value Ocean Grove apartment is the 401 Sewall Ave Model at 401 Sewall Ave, Unit 2 starting at $3,200 with a $2.91 price per square foot in the Waterfront 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 RentalsCorner Two Bedroom Two bath2BR,2BA$3.00
401 Sewall Ave, Unit 2401 Sewall Ave3BR,1BA$2.91
104 5th Ave Belmar2BR/1.0BA2BR,1BA$2.59
501-511 Lake Ter2BR/1.0BA2BR,1BA$2.85
Hampshire Terrace Apartments1 Bedroom1BR,1BA$2.71
404 5th Ave1BR/1.0BA1BR,1BA$2.87
Oxford HeightsSpacious Fully Renovated 1-Bedroom Apartment wi...1BR,1BA$2.96
Munroe TowersFloorplan P1BR,1BA$2.75
320 7th Ave1BR/1.0BA1BR,1BA$3.10
Mariner Apartments1 Bed, 1 bath1BR,1BA$3.12

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.

decorative image of people with a giant lease agreement

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

Explore Ocean Grove, NJ Rentals by Map

Decorative image of map

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

View Map
Ocean Grove, NJ Apartments Map
View Map
Ocean Grove, NJ Rental Homes Map

Frequently Asked Questions about Ocean Grove

What type of rentals are currently available in Ocean Grove?

There are currently 416 Apartments for Rent in Ocean Grove, NJ with pricing that ranges from $1,350 to $6,610. There are also 215 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ocean Grove ranging from $1,250 to $70,000.

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 $1,250 to $70,000 with an average monthly rent of $6,436.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Kansas Citys Major Employers & the Best Places to Rent Near Them | A Local Expert Guide article

Kansas Citys Major Employers & the Best Places to Rent Near Them | A Local Expert Guide

Written by: Amber Kanuckel

Hey, there! I’m Amber, your ApartmentHomeLiving.com local expert for Kansas City, and I’m back with my recommendations for top employers in the area.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.