Cheap Homes for Rent in Ocean Grove, NJ from $1,500 (37 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.

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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.

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property at 109 2nd Ave

$2,300 - $2,450

1 Bedroom Rentals

Available Now

109 2nd Ave

Bradley BeachNJ07720

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.

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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.

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Showing Results 1-37, 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 1 Bed apartment currently listed from $1,800. 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 Drive1 Bed / 1 Bath1BR,1BA$1,800
Munroe TowersFloorplan P1BR,1BA$1,880
Oxford HeightsSpring Special 50% off second month! Spacious F...1BR,1BA$1,899
501-511 Lake Ter2BR/1.0BA2BR,1BA$2,300
42 Pilgrim Pathway2/22BR,2BA$3,350
Surfhouse Asbury ParkA2 - Terrace1BR,1BA$3,550

Best Value Apartments for Rent in Ocean Grove, NJ

As of June 01, 2026 the best value apartment in the Ocean Grove area is the $4.95 price per square foot D1M1 - Juliet Balcony Model at Surfhouse Asbury Park in the in the Waterfront neighborhood starting from $5,935. 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.
Surfhouse Asbury ParkD1M1 - Juliet Balcony3BR,2BA$4.95
302 5th Avenue, Unit Apt 5302 5th Avenue1BR,1BA$3.33
501-511 Lake Ter2BR/1.0BA2BR,1BA$2.63
42 Pilgrim Pathway2/22BR,2BA$4.19
Oxford HeightsSpring Special 50% off second month! Spacious F...1BR,1BA$2.71
Munroe TowersFloorplan L1BR,1BA$2.94
200 Deal Lake Drive1 Bed / 1 Bath1BR,1BA$3.00
45 Pilgrim Pathway, Unit APT#345 Pilgrim Pathway2BR,1BA$4.10
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!

Explore Ocean Grove, NJ Rentals by Map

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Frequently Asked Questions about Ocean Grove

What type of rentals are currently available in Ocean Grove?

There are currently 417 Apartments for Rent in Ocean Grove, NJ with pricing that ranges from $1,437 to $50,000. There are also 194 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ocean Grove ranging from $1,500 to $49,000.

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 $49,000 with an average monthly rent of $8,553.

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 $3,200 to $6,075, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,900 to $46,000. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $8,310.

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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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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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.