Cheap Apartments for Rent in Ocean, NJ from $700 (191 Rentals)

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

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Wanamassa Gardens
1 to 2 Bedroom Apartments

Wanamassa Gardens

1515 Allen AveOcean, NJ 07712
  • Utilities Included
property at 1609 W Lake Ave

$1,156

1 Bedroom, 1 Bath Home for Rent

Available Now

1609 W Lake Ave

Neptune CityNJ07753
property at 35 1/2 Olin St

$1,350 - $1,450

1 Bedroom Rentals

Available Now

35 1/2 Olin St

Ocean GroveNJ07756

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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property at 19 Webb Ave

$1,750 - $2,950

1 To 4 Bedroom Rentals

Available Now

19 Webb Ave

Ocean GroveNJ07756
property at 644 Church St

$1,850 - $2,500

Studio To 2 Bedroom Rentals

Available Now

644 Church St

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.

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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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property at 1515 Allen Ave

$2,100 - $2,600

1 To 2 Bedroom Rentals

Available Now

1515 Allen Ave

Ocean TownshipNJ07712

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.

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property at 1014 Fifth Ave

$2,350 - $2,500

1 To 2 Bedroom Rentals

Available May 15

1014 Fifth Ave

Asbury ParkNJ07712

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-50, Page 1 of 4

Ocean, NJ Local Guide

Cheapest Neighborhoods for Apartments in Ocean, NJ

Pricing Updated: 04/30/2026

Current apartment rentals in the Ocean, NJ area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Ocean Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Wanamassa$8,310$1,15645

Cheapest Available Ocean Apartments for Rent

 

The cheapest available apartment rental in Ocean, NJ is a 1 Bed unit found at Wayside Oaks priced from $1,195. Holly House Apartments in the Waterfront neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,437. Here is today’s list of the most affordable Ocean apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Wayside OaksTHE CHESTNUT1BR,1BA$1,195
Holly House ApartmentsStudioStudio,1BA$1,437
Heritage Village at Ocean, A 55+ Community1 BEDROOM1BR,1BA$1,440
Twinbrook Village1BR/1BA1BR,1BA$1,600
Middlebrook at Monmouth$2.20/sq.ft. - One Bedroom1BR,1BA$1,695
200 Deal Lake DriveStudioStudio,1BA$1,700
320 7th Ave0BR/1.0BAStudio,1BA$1,750
176 Chelsea1/11BR,1BA$1,850
Oxford HeightsSpring Special 50% off second month! Spacious F...1BR,1BA$1,899

Best Value Apartments for Rent in Ocean, NJ

As of April 30, 2026 the best value apartment in the Ocean area is the $2.46 price per square foot Farnsworth Model at Primrose Place in the in the Wanamassa neighborhood starting from $2,975. The second greatest value Ocean apartment is the 2BR/1BA Model at Twinbrook Village starting at $2,250 with a $2.05 price per square foot in the Wanamassa neighborhood. Here is today’s list of the best values for Ocean apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Primrose PlaceFarnsworth2BR,2BA$2.46
Twinbrook Village2BR/1BA2BR,1BA$2.05
SS Adams Luxury RentalsInteriorTwo Bedroom #4062BR,2BA$2.67
130 Morris Ave.Luxury 11BR,1BA$2.24
501-511 Lake Ter2BR/1.0BA2BR,1BA$2.63
Wedgewood Gardens1 Bedroom FM1BR,1BA$2.60
Middlebrook at Monmouth$2.20/sq.ft. - One Bedroom1BR,1BA$2.20
264 Highway 35, Unit A264 Highway 351BR,1BA$2.65
Heritage Village at Ocean, A 55+ Community1 BEDROOM1BR,1BA$2.00
Wayside OaksTHE CHESTNUT1BR,1BA$1.74

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.

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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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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.

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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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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.

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

Explore Ocean, NJ Rentals by Map

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Frequently Asked Questions about Cheap Ocean Apartments

What is a cheap apartment in Ocean?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Ocean is under $1,899.

What is the price of a cheap apartment in Ocean?

The cheapest apartment in Ocean is Wayside Oaks which is listed at $1,195, while the average apartment in Ocean costs $8,310.

What types of apartments are the cheapest in Ocean?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3 regular apartments in Ocean that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Ocean?

Cheap apartments in Ocean have an average cost of $188 which is $8,122 cheaper than the average rent for all rentals in Ocean.

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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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.

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.