
Cheap Apartments for Rent in Port Monmouth, NJ from $600 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in Port Monmouth.


The Place at Middletown Walk

The Willows at Glassworks

McGuire's Grove

Beachway Apartments

Sutton Pointe Apartments

HOLMDEL POINTE
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Ken Gardens

Shrewsbury Manor

KNOLLWOOD GARDENS/ NO PETS ALLOWED

Cove on the Bay

Two Rivers at Matawan

Atlantic Pointe Apartments

Keyport Harbor Apartment Homes
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

66 Main St, Unit 1

171 Twilight Ave

Regency Park (NO PETS ALLOWED)

Strathmore Gardens Apartments

Bethany Manor Apartments 55+

Creek Point Apartments

Cornerstone at Holmdel
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.

River Street Commons - 55+ Community

8 Kane Ln

40 Shore Blvd

18 Avenue A

Baypoint

Sutton Commons

31 St James Pl
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.

186 Ocean Ave
Port Monmouth, NJ Local Guide

How much does it cost to rent an apartment in Port Monmouth?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Port Monmouth Studio Apartments | $2,350 | $2,350 | $2,350 |
| Cheap Port Monmouth 1 Bedroom Apartments | $2,300 | $663 | $4,277 |
| Cheap Port Monmouth 2 Bedroom Apartments | $2,992 | $798 | $6,500 |
| Cheap Port Monmouth 3 Bedroom Apartments | $2,592 | $922 | $3,797 |
Browse Top Apartments in Port Monmouth
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Port Monmouth, NJ Local Guide
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Cheapest Available Port Monmouth Apartments for Rent
 The cheapest available apartment rental in Port Monmouth, NJ is a 2 Beds unit found at Bayshore Village (62+) in the Port Monmouth neighborhood priced from $1,291. Beachway Apartments in the Aberdeen Hazlet Middletown neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,600. Here is today’s list of the most affordable Port Monmouth apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bayshore Village (62+) | 2 Beds, 1 bath | 2BR,1BA | $1,291 |
| Beachway Apartments | Renovated 1 Bedroom | 1BR,1BA | $1,600 |
| Ken Gardens | 1 Bedroom Oak | 1BR,1BA | $1,799 |
| Cove on the Bay | 1 bedroom | 1BR,1BA | $1,818 |
| Two Rivers at Matawan | 1 Bedroom Renovated | 1BR,1BA | $1,900 |
| Atlantic Pointe Apartments | 1BR 1BA (640 SF) | 1BR,1BA | $1,963 |
| Keyport Harbor Apartment Homes | 1 Bedroom Renovated | 1BR,1BA | $1,995 |
| Sutton Commons | 3 Room 1 Bedroom | 1BR,1BA | $1,995 |
| Strathmore Gardens Apartments | One Bedroom | 1BR,1BA | $2,145 |
| Heritage Square at Aberdeen | 1 Bed / 1 Bath | 1BR,1BA | $2,260 |
Best Value Apartments for Rent in Port Monmouth, NJ
As of July 28, 2026 the best value apartment in the Port Monmouth area is the $2.56 price per square foot Penthouse Duplex Model at Cove on the Bay in the in the Aberdeen Hazlet Middletown neighborhood starting from $3,700. The second greatest value Port Monmouth apartment is the B3 Model at The Apartments at Aberdeen Station starting at $2,915 with a $2.75 price per square foot in the Crestview Cove neighborhood. Here is today’s list of the best values for Port Monmouth apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cove on the Bay | Penthouse Duplex | 2BR,2BA | $2.56 |
| The Apartments at Aberdeen Station | B3 | 2BR,2BA | $2.75 |
| Key Grove Farms | Spacious 2 Bedroom Specials | 2BR,1BA | $2.77 |
| Bayshore Village (62+) | 2 Beds, 1 bath | 2BR,1BA | $1.34 |
| Heritage Square at Aberdeen | 1 Bed / 1 Bath | 1BR,1BA | $2.68 |
| Two Rivers at Matawan | 2 Bedroom Renovated | 2BR,1BA | $2.73 |
| Ken Gardens | 1 Bedroom Holly | 1BR,1BA | $2.51 |
| Sutton Commons | 3 Room 1 Bedroom | 1BR,1BA | $2.75 |
| Beachway Apartments | Renovated 1 Bedroom | 1BR,1BA | $2.32 |
| Keyport Harbor Apartment Homes | 1 Bedroom Renovated | 1BR,1BA | $3.07 |
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 ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Port Monmouth, NJ Rentals by Map
See the most popular apartments and homes in Port Monmouth, NJ
Frequently Asked Questions about Cheap Port Monmouth Apartments
How much is rent for a Cheap One Bedroom Port Monmouth Apartment?
The lowest price for a Cheap One Bedroom Port Monmouth Apartment is $1,600 at Beachway Apartments.
What is the lowest price for a Cheap Two Bedroom Port Monmouth Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Port Monmouth is starting from $1,291 at Bayshore Village (62+).
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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.

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.

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.