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

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Wanamassa Gardens
1 to 2 Bedroom Apartments

Wanamassa Gardens

1515 Allen AveOcean, NJ 07712
  • Utilities Included
property at 35 1/2 Olin St

$1,350 - $1,450

1 Bedroom Rentals

Available Now

35 1/2 Olin St

Ocean GroveNJ07756
property at 538 Ocean Blvd

$1,600 - $2,500

1 To 3 Bedroom Rentals

Available Sep 7

538 Ocean Blvd

Long BranchNJ07740

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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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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property at 15 Reid St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000
Total Monthly Price
$2,000

2 Bedroom, 1 Bath Home for Rent

Available Sep 1

15 Reid St

Long BranchNJ07740

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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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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: 06/14/2026

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$8,405$1,43743

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 $1,230. 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$1,230
Holly House ApartmentsStudioStudio,1BA$1,437
Heritage Village at Ocean, A 55+ Community1 BEDROOM1BR,1BA$1,440
Twinbrook Village1BR/1BA1BR,1BA$1,675
Middlebrook at Monmouth$2.20/sq.ft. - One Bedroom1BR,1BA$1,695
200 Deal Lake DriveStudioStudio,1BA$1,700
Oxford HeightsSpring Special 50% off second month! Spacious F...1BR,1BA$1,825
176 Chelsea1/11BR,1BA$1,850
Glen Ellen Apartment HomesOne Bedroom - 640 sqft1BR,1BA$1,925
Eatoncrest Apartment HomesOne Bedroom - 648 sqft1BR,1BA$1,940

Best Value Apartments for Rent in Ocean, NJ

As of June 14, 2026 the best value apartment in the Ocean area is the $1.65 price per square foot B1 Model at West End in the in the Long Branch City neighborhood starting from $2,575. 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.
West EndB12BR,1BA$1.65
Twinbrook Village2BR/1BA2BR,1BA$2.05
130 Morris Ave.Luxury 11BR,1BA$2.24
Wedgewood Gardens1 Bedroom FM1BR,1BA$2.18
Mi Place at Wayside1BR/1BA1BR,1BA$2.31
501-511 Lake Ter2BR/1.0BA2BR,1BA$2.63
Middlebrook at Monmouth$2.20/sq.ft. - One Bedroom1BR,1BA$2.20
Heritage Village at Ocean, A 55+ Community1 BEDROOM1BR,1BA$2.00
Oxford HeightsSpring Special 50% off second month! Spacious F...1BR,1BA$2.61
Wayside OaksTHE CHESTNUT1BR,1BA$1.79

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, 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 $1,940.

What is the price of a cheap apartment in Ocean?

The cheapest apartment in Ocean is Wayside Oaks which is listed at $1,230, while the average apartment in Ocean costs $8,405.

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 $169 which is $8,236 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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

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.