Cheap Homes for Rent in Ocean Grove, NJ from $1,500 (36 Rentals)

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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.

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.

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.

property at 109 2nd Ave

$2,280 - $2,380

1 Bedroom Rentals

Available Now

109 2nd Ave

Bradley BeachNJ07720
property at 402 4th Ave

$2,400

1 Bedroom Rentals

Available Now

402 4th Ave

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.

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
Munroe TowersFloorplan N1BR,1BA$1,976
Mariner ApartmentsOne Bedroom1BR,1BA$2,140
501-511 Lake Ter2BR/1.0BA2BR,1BA$2,300
The Monroe1 Bed, 1 bath1BR,1BA$2,600
211 First Ave2BR/1.0BA2BR,1BA$2,750
Surfside CrossingOne Bedroom1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Surfside CrossingOne Bedroom1BR,1BA$2.64
301 Main StreetOn Main With A View2BR,2BA$3.24
302 5th Avenue, Unit Apt 5302 5th Avenue1BR,1BA$3.33
The Monroe1 Bed, 1 bath1BR,1BA$2.92
501-511 Lake Ter2BR/1.0BA2BR,1BA$2.63
211 First Ave2BR/1.0BA2BR,1BA$3.56
Munroe TowersFloorplan L1BR,1BA$3.14
Mariner ApartmentsOne Bedroom1BR,1BA$3.21
200 Deal Lake Drive1 Bed / 1 Bath1BR,1BA$3.00
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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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!

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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

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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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.

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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.

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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.