
Cheap Apartments for Rent in Red Bank, NJ from $1,550 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in Red Bank.


27 Oakland St

Total Monthly Price
56 Spring St, Unit 56 B

Shrewsbury Manor

56-58-58 N Washington St

Fortune Square

103 Drs James Parker Blvd
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.

Station Place Apartments

Furnished Studio-Red Bank - Middletown

Greentree Apartments

River Street Commons - 55+ Community

83 Monmouth St

Grandville Towers

Sutton Commons
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.

127-131 Hudson Ave

Westside Lofts

31 W Front St

57 Peters Place

139 Manor Dr

10 Lexington Ct

The Red Bank Standard
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.

63 Manor Dr

18 Lexington Ct

222 S Bridge Ave

309 Shrewsbury Ave

Shrewsbury Manor at Allen Place

McGuire's Grove

Shrewsbury Arms Apartments
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.

102 Secretariat Ct

146 Viburnum Terrace
Red Bank, NJ Local Guide

How much does it cost to rent an apartment in Red Bank?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Red Bank Studio Apartments | $3,182 | $3,182 | $3,182 |
| Cheap Red Bank 1 Bedroom Apartments | $2,782 | $1,550 | $7,269 |
| Cheap Red Bank 2 Bedroom Apartments | $3,695 | $1,875 | $8,681 |
| Cheap Red Bank 3 Bedroom Apartments | $3,650 | $3,650 | $3,650 |
Browse Top Apartments in Red Bank
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Red Bank, NJ Local Guide
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Cheapest Available Red Bank Apartments for Rent
 The cheapest available apartment rental in Red Bank, NJ is a 1 Bed unit found at Station Place Apartments in the Greenbriar Falls neighborhood priced from $3,100. Fortune Square in the Greenbriar Falls neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $3,300. Here is today’s list of the most affordable Red Bank apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Station Place Apartments | 1BR/1BA | 1BR, 1BA | $3,100 |
| Fortune Square | Fortune | 2BR, 2BA | $3,300 |
| Colony House Apartments | E | 1BR, 1BA | $3,350 |
Best Value Apartments for Rent in Red Bank, NJ
As of September 22, 2026 the best value apartment in the Red Bank area is the $4.00 price per square foot E Model at Colony House Apartments in the Greenbriar Falls neighborhood starting from $3,350. The second greatest value Red Bank apartment is the 1BR/1BA Model at Station Place Apartments in the Greenbriar Falls neighborhood starting at $3,100 with a $4.01 price per square foot. Here is today’s list of the best values for Red Bank apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Colony House Apartments | E | 1BR, 1BA | $4.00 |
| Station Place Apartments | 1BR/1BA | 1BR, 1BA | $4.01 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 Red Bank, NJ Rentals by Map
See the most popular apartments and homes in Red Bank, NJ
Frequently Asked Questions about Cheap Red Bank Apartments
How much is rent for a Cheap One Bedroom Red Bank Apartment?
The lowest price for a Cheap One Bedroom Red Bank Apartment is $3,100 at Station Place Apartments.
What is the lowest price for a Cheap Two Bedroom Red Bank Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Red Bank is starting from $3,300 at Fortune Square.
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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.