Cheap Homes for Rent in Ocean Grove, NJ from $1,500 (31 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article
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

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.

Read Article

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.

Read Article

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.

Read Article
Showing Results 1-31, 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. 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$1,899
406 Deal Lake1BR/1.0BA1BR,1BA$2,075
212 3rd Avenue1BR/1.0BA1BR,1BA$2,150
400 3rd Ave1BR/1.0BA1BR,1BA$2,175

Best Value Apartments for Rent in Ocean Grove, NJ

As of April 17, 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 302 5th Avenue Model at 302 5th Avenue, Unit Apt 5 starting at $3,000 with a $3.33 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 RentalsInteriorTwo Bedroom #4062BR,2BA$2.67
302 5th Avenue, Unit Apt 5302 5th Avenue1BR,1BA$3.33
501-511 Lake Ter2BR/1.0BA2BR,1BA$2.63
406 Deal Lake1BR/1.0BA1BR,1BA$2.77
Munroe TowersFloorplan D1BR,1BA$3.12
212 3rd Avenue1BR/1.0BA1BR,1BA$3.45
400 3rd Ave1BR/1.0BA1BR,1BA$3.57
200 Deal Lake Drive1 Bed / 1 Bath1BR,1BA$3.00
510 5th Ave1BR/1.0BA1BR,1BA$3.70
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.

Read Article
Decorative image

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 Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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 409 Apartments for Rent in Ocean Grove, NJ with pricing that ranges from $1,156 to $50,000. There are also 219 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ocean Grove ranging from $1,500 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 $1,500 to $70,000 with an average monthly rent of $9,608.

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 $2,800 to $42,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,900 to $70,000. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $9,235.

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.

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

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

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.