
Cheap Homes for Rent in Ocean Grove, NJ from $1,500 (36 Rentals)
Search the lowest-cost Homes available for rent right now in Ocean Grove.


35 Ocean Pathway

5 Ocean Ave N

80 Franklin Ave

65 Mt Hermon Way

12 Elberon Ave

46 Broadway

50 Cookman Ave

15 Garfield 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.

87 Cookman Ave

407 2nd Ave

7 Borden Ave

1531 Sewall Ave

98 Neptune Ave

205 Ocean Ave N

805 Sixth Ave

612 Lareine Ave

504 Corlies 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.

109 Mt Tabor Way

315-317 8th Ave

124 Main Ave

100 Mt Tabor Way

132 Heck Ave

1225 6th Ave

113 Webb Ave

98 Stockton Ave

1402 1/2 Monroe Ave, Unit C
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.

113 Central Ave

124 Broadway

77 Abbott Ave

608 Lareine Ave

612 W Sylvania Ave

109 2nd Ave

510 Blanchard Pkwy

119 Pilgrim Pathway

402 4th 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.
Ocean Grove, NJ Local Guide

How much does it cost to rent a home in Ocean Grove?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Ocean Grove 2 Bedroom Homes for Rent | $4,368 | $1,900 | $10,000+ |
| Ocean Grove 3 Bedroom Homes for Rent | $4,525 | $1,950 | $10,000+ |
| Ocean Grove 4 Bedroom Homes for Rent | $6,394 | $2,400 | $10,000+ |
| Ocean Grove 5 Bedroom Homes for Rent | $8,394 | $2,500 | $10,000+ |
| Ocean Grove 6 Bedroom Homes for Rent | $7,357 | $4,500 | $10,000+ |
| Ocean Grove 7 Bedroom Homes for Rent | $9,500 | $4,200 | $10,000+ |
Browse Top Homes for Rent in Ocean Grove
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Ocean Grove, NJ Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Holly House Apartments | Studio | Studio,1BA | $1,437 |
| 200 Deal Lake Drive | Studio | Studio,1BA | $1,700 |
| Munroe Towers | Floorplan N | 1BR,1BA | $1,976 |
| Mariner Apartments | One Bedroom | 1BR,1BA | $2,140 |
| 501-511 Lake Ter | 2BR/1.0BA | 2BR,1BA | $2,300 |
| The Monroe | 1 Bed, 1 bath | 1BR,1BA | $2,600 |
| 211 First Ave | 2BR/1.0BA | 2BR,1BA | $2,750 |
| Surfside Crossing | One Bedroom | 1BR,1BA | $2,900 |
Best Value Apartments for Rent in Ocean Grove, NJ
As of July 16, 2026 the best value apartment in the Ocean Grove area is the $2.64 price per square foot One Bedroom Model at Surfside Crossing 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Surfside Crossing | One Bedroom | 1BR,1BA | $2.64 |
| 301 Main Street | On Main With A View | 2BR,2BA | $3.24 |
| 302 5th Avenue, Unit Apt 5 | 302 5th Avenue | 1BR,1BA | $3.33 |
| The Monroe | 1 Bed, 1 bath | 1BR,1BA | $2.92 |
| 501-511 Lake Ter | 2BR/1.0BA | 2BR,1BA | $2.63 |
| 211 First Ave | 2BR/1.0BA | 2BR,1BA | $3.56 |
| Munroe Towers | Floorplan L | 1BR,1BA | $3.14 |
| Mariner Apartments | One Bedroom | 1BR,1BA | $3.21 |
| 200 Deal Lake Drive | 1 Bed / 1 Bath | 1BR,1BA | $3.00 |
| Holly House Apartments | Studio | Studio ,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.
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.
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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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Ocean Grove, NJ
Frequently Asked Questions about Ocean Grove
What type of rentals are currently available in Ocean Grove?
There are currently 426 Apartments for Rent in Ocean Grove, NJ with pricing that ranges from $1,437 to $50,000. There are also 224 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ocean Grove ranging from $1,500 to $45,000.
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 $45,000 with an average monthly rent of $6,397.
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 $2,600 to $12,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $35,000. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $2,995.
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

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.