Cheap Apartments for Rent in Shrewsbury, NJ from $900 (35 Rentals)

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

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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128A Branch Ave, Unit 128A
$2,800
Total Monthly Price

Total Monthly Price

Base Rent
$2,800
Total Monthly Price
$2,800
1 Bedroom Apartment Available Jul 1

128A Branch Ave, Unit 128A

128A Branch AveRed Bank, NJ 07701
Affordability
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Greentree Apartments
Studio to 2 Bedroom Apartments

Greentree Apartments

239 Spring StRed Bank, NJ 07701
  • Utilities Included

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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Lido Village
1 to 2 Bedroom Apartments

Lido Village

111 Victor AveEatontown, NJ 07724
  • Utilities Included
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83 Monmouth St
Studio to 1 Bedroom Apartments

83 Monmouth St

83 Monmouth StRed Bank, NJ 07701
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Grandville Towers
1 to 2 Bedroom Apartments

Grandville Towers

19 Morford PlRed Bank, NJ 07701
  • Utilities Included
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57 Peters Place
Studio to 2 Bedroom Apartments

57 Peters Place

57 Peters PlRed Bank, NJ 07701
  • Utilities Included
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Victoria Gardens
1 to 2 Bedroom Apartments

Victoria Gardens

117 Victoria DrEatontown, NJ 07724
  • Utilities Included

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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Westside Lofts
1 to 2 Bedroom Apartments

Westside Lofts

1 Bridge AveRed Bank, NJ 07701
  • Utilities Included
property at 124 McLaren St

$2,500

Total Monthly Price

Total Monthly Price

Base Rent
$2,500
Total Monthly Price
$2,500

1 Bedroom, 1 Bath Condo for Rent

Available Now

124 McLaren St

Red BankNJ07701
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The Red Bank Standard
1 to 2 Bedroom Apartments

The Red Bank Standard

170 Monmouth StRed Bank, NJ 07701
  • Utilities Included

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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Liberty Walk
3 Bedroom Apartments

Liberty Walk

4 Gosselin AveOceanport, NJ 07757
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Shrewsbury, NJ Local Guide

Cheapest Available Shrewsbury Apartments for Rent and Nearby

 

The cheapest available apartment rental in Shrewsbury, NJ is a 1 Bed unit found at Oceanport Gardens in the Jockey Club neighborhood priced from $1,539. Lakeview Terrace Apartment Homes in the Greenbriar Falls neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,840. Here is today’s list of the most affordable Shrewsbury apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Oceanport Gardens1 BD / 1 BA1BR,1BA$1,539
Lakeview Terrace Apartment HomesOne Bedroom - 750 sqft1BR,1BA$1,840
Victoria Gardens1 Bedroom1BR,1BA$1,881
57 Peters PlaceStudioStudio,1BA$1,900
Shrewsbury Arms Apartments1 Bedroom1BR,1BA$1,975
Eatoncrest Apartment HomesOne Bedroom - 648 sqft1BR,1BA$2,000
Garrison ApartmentsOne Bedroom1BR,1BA$2,095
Wedgewood Gardens1 Bedroom FM1BR,1BA$2,098
Colony House ApartmentsSTUDIO - DDStudio,1BA$2,350
Molly Pitcher Village Apartments1 Bedroom1BR,1BA$2,370

Best Value Apartments for Rent in Shrewsbury, NJ and Nearby

As of June 22, 2026 the best value apartment in the Shrewsbury area is the $2.66 price per square foot 2 Bed, 2 Bth Model at The Forum in the in the Greenbriar Falls neighborhood starting from $4,250. The second greatest value Shrewsbury apartment is the 1 Bedroom Model at Victoria Gardens starting at $1,881 with a $1.84 price per square foot . Here is today’s list of the best values for Shrewsbury apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Forum2 Bed, 2 Bth2BR,2BA$2.66
Victoria Gardens1 Bedroom1BR,1BA$1.84
Southbrook Gardens2 Bedroom2BR,2BA$2.79
Wedgewood Gardens1 Bedroom FM1BR,1BA$2.33
Country Club Apartments2 Bedroom 1 Bathroom2BR,1BA$2.93
Garrison ApartmentsOne Bedroom1BR,1BA$2.73
Lakeview Terrace Apartment HomesOne Bedroom - 750 sqft1BR,1BA$2.45
Shrewsbury Arms Apartments1 Bedroom1BR,1BA$2.82
Eatoncrest Apartment HomesOne Bedroom - 648 sqft1BR,1BA$3.09
Oceanport Gardens1 BD / 1 BA1BR,1BA$2.57

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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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 Shrewsbury, NJ Rentals by Map

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Frequently Asked Questions about Cheap Shrewsbury Apartments

How much is rent for a Cheap One Bedroom Shrewsbury Apartment?

The lowest price for a Cheap One Bedroom Shrewsbury Apartment is $1,539 at Oceanport Gardens.

What is the lowest price for a Cheap Two Bedroom Shrewsbury Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Shrewsbury is starting from $1,848 at Oceanport Gardens.

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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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.

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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.