Cheap Homes for Rent in Downtown Asbury Park Neighborhood of Asbury Park, NJ from $1,500 (12 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown Asbury Park area of Asbury Park.

property at 69 Franklin Ave

69 Franklin Ave

Ocean GroveNJ07756
property at 711 3rd Ave

711 3rd Ave

Asbury ParkNJ07712
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Downtown Asbury Park, Asbury Park, NJ Local Guide

Cheapest Available Downtown Asbury Park Apartments for Rent

 

The cheapest available apartment rental in the Downtown Asbury Park area of Asbury Park, NJ is a Studio unit found at Holly House Apartments priced from $1,362. 200 Deal Lake Drive has the second lowest priced unit, which is a Studio apartment currently listed from $1,695. Here are the most affordable Downtown Asbury Park apartments for rent in Asbury Park, NJ:

Apartment ListingModel NameBed/BathPriced From
Holly House ApartmentsStudioStudio,1BA$1,362
200 Deal Lake DriveStudioStudio,1BA$1,695
Mariner Apartments1 Bed, 1 bath1BR,1BA$1,954
8th Ave Condos1BR/1.0BA1BR,1BA$2,050
Munroe TowersFloorplan K2BR,1BA$2,228

Best Value Apartments for Rent in Downtown Asbury Park, NJ

As of April 12, 2025 the best value apartment in the Downtown Asbury Park area is the $2.09 price per square foot Floorplan K Model at Munroe Towers in the in the Waterfront neighborhood starting from $2,228. The second greatest value Downtown Asbury Park apartment is the One Bedroom One Bath On Suite Model at SS Adams Luxury Rentals starting at $2,700 with a $3.00 price per square foot in the Waterfront neighborhood. Here is today’s list of the best values for Downtown Asbury Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Munroe TowersFloorplan K2BR,1BA$2.09
SS Adams Luxury RentalsOne Bedroom One Bath On Suite1BR,1BA$3.00
501-511 Lake Ter2BR/1.0BA2BR,1BA$2.85
8th Ave Condos1BR/1.0BA1BR,1BA$2.45
Mariner Apartments1 Bed, 1 bath1BR,1BA$3.12
400 3rd Ave1BR/1.0BA1BR,1BA$3.85
407 Sewall Ave1BR/1.0BA1BR,1BA$3.96
200 Deal Lake DriveStudioStudio ,1BA$3.39
Holly House ApartmentsStudioStudio ,1BA$3.15

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Frequently Asked Questions about Downtown Asbury Park

What type of rentals are currently available in Downtown Asbury Park?

There are currently 344 Apartments for Rent in Downtown Asbury Park, NJ with pricing that ranges from $1,300 to $5,700. There are also 122 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Asbury Park ranging from $1,500 to $45,000.

What is the current price range for Rental Homes in Downtown Asbury Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Asbury Park ranges from $1,500 to $45,000 with an average monthly rent of $8,125.

How much are larger Three and Four Bedroom Rentals in Downtown Asbury Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Asbury Park range from $2,650 to $3,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,300 to $40,000. Four Bedroom Single-Family rentals are also available starting from $1,950 and Four Bedroom Apartments start at $2,995.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.