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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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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Greentree Apartments
Studio to 2 Bedroom Apartments

Greentree Apartments

239 Spring StRed Bank, NJ 07701
  • Utilities Included
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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
Studio to 1 Bedroom Apartments

83 Monmouth

83 Monmouth StRed Bank, NJ 07701
property at 228 Spring St

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800
Total Monthly Price
$1,800

11 Bedroom, 1 Bath Home for Rent

Available Now

228 Spring St

Red BankNJ07701
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Grandville Towers
1 to 2 Bedroom Apartments

Grandville Towers

19 Morford PlRed Bank, NJ 07701
  • 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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Victoria Gardens
1 to 2 Bedroom Apartments

Victoria Gardens

117 Victoria DrEatontown, NJ 07724
  • Utilities Included
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Westside Lofts
1 to 2 Bedroom Apartments

Westside Lofts

1 Bridge AveRed 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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The Red Bank Standard
1 to 2 Bedroom Apartments

The Red Bank Standard

170 Monmouth StRed Bank, NJ 07701
  • Utilities Included
Showing Results 1-35, Page 1 of 1

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. 57 Peters Place in the Greenbriar Falls neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,900. 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
57 Peters PlaceStudioStudio,1BA$1,900
Shrewsbury Arms Apartments1 Bedroom1BR,1BA$1,945
Lakeview Terrace Apartment HomesOne Bedroom - 750 sqft1BR,1BA$1,985
Eatoncrest Apartment HomesOne Bedroom - 648 sqft1BR,1BA$1,995
Southbrook Gardens1 Bedroom1BR,1BA$1,999
Sutton Commons3 Room 1 Bedroom1BR,1BA$2,095
Wedgewood Gardens1 Bedroom FM1BR,1BA$2,108
Garrison ApartmentsOne Bedroom1BR,1BA$2,125
Colony House ApartmentsSTUDIO - DDStudio,1BA$2,350

Best Value Apartments for Rent in Shrewsbury, NJ and Nearby

As of May 08, 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 2 Bedroom Model at Victoria Gardens starting at $2,710 with a $2.49 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 Gardens2 Bedroom2BR,1BA$2.49
Southbrook Gardens2 Bedroom2BR,2BA$2.79
Country Club Apartments2 Bedroom Deluxe2BR,1BA$2.74
Wedgewood Gardens1 Bedroom FM1BR,1BA$2.48
Shrewsbury Arms Apartments2 Bedroom2BR,1BA$2.80
Garrison ApartmentsOne Bedroom1BR,1BA$2.77
Lakeview Terrace Apartment HomesOne Bedroom - 750 sqft1BR,1BA$2.65
Sutton Commons3 Room 1 Bedroom1BR,1BA$2.89
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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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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Frequently Asked Questions about Cheap Shrewsbury Apartments

What is the Cheapest Studio apartment in Shrewsbury?

Currently the most affordable Cheap Studio Apartment in Shrewsbury is at 57 Peters Place listed at $1,900.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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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.

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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.