
Cheap Apartments for Rent in the Waterfront Neighborhood of Asbury Park, NJ from $900 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waterfront area of Asbury Park.


200 Deal Lake Drive

31 Atlantic Ave

35 Olin St

35 Ocean Pathway
Waterfront, Asbury Park, NJ Local Guide

How much does it cost to rent an apartment in Waterfront?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Waterfront Studio Apartments | $1,816 | $1,362 | $2,500 |
Waterfront 1 Bedroom Apartments | $2,538 | $1,300 | $5,500 |
Waterfront 2 Bedroom Apartments | $3,034 | $2,100 | $5,700 |
Waterfront 3 Bedroom Apartments | $3,200 | $3,200 | $3,200 |
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 1 mile radius of the Waterfront Neighborhood of Asbury Park, NJ.
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Waterfront, Asbury Park, NJ Local Guide
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Cheapest Available Waterfront Apartments for Rent
 The cheapest available apartment rental in the Waterfront area of Asbury Park, NJ is a Studio unit found at Holly House Apartments priced from $1,362. 510 5th Ave has the second lowest priced unit, which is a Studio apartment currently listed from $1,675. Here are the most affordable Waterfront apartments for rent in Asbury Park, NJ:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Holly House Apartments | Studio | Studio,1BA | $1,362 |
510 5th Ave | 0BR/1.0BA | Studio,1BA | $1,675 |
200 Deal Lake Drive | Studio | Studio,1BA | $1,695 |
Munroe Towers | Floorplan D | 1BR,1BA | $1,838 |
Mariner Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,954 |
Best Value Apartments for Rent in Waterfront, NJ
As of April 07, 2025 the best value apartment in the Waterfront area is the $2.40 price per square foot 57 Cookman Ave Model at 57 Cookman Ave, Unit 2 in the in the Waterfront neighborhood starting from $2,400. The second greatest value Waterfront 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 Waterfront apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
57 Cookman Ave, Unit 2 | 57 Cookman Ave | 2BR,1BA | $2.40 |
SS Adams Luxury Rentals | One Bedroom One Bath On Suite | 1BR,1BA | $3.00 |
501-511 Lake Ter | 2BR/1.0BA | 2BR,1BA | $2.85 |
8th Ave Condos | 1BR/1.0BA | 1BR,1BA | $2.45 |
Munroe Towers | Floorplan D | 1BR,1BA | $2.67 |
Mariner Apartments | 1 Bed, 1 bath | 1BR,1BA | $3.12 |
400 3rd Ave | 1BR/1.0BA | 1BR,1BA | $3.85 |
407 Sewall Ave | 1BR/1.0BA | 1BR,1BA | $3.79 |
200 Deal Lake Drive | Studio | Studio ,1BA | $3.39 |
Holly House Apartments | Studio | Studio ,1BA | $3.15 |
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Pet Friendly LifestyleWaterfront, Asbury Park, NJ
Ranked #1
Among neighborhoods in Asbury Park, NJ for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Waterfront, Asbury Park, NJ
Thurgood Marshall Primary School
Dr. Martin Luther King Middle School
School data provided by Great Schools
Frequently Asked Questions about Cheap Waterfront Apartments
What is a cheap apartment in Waterfront?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Waterfront is under $2,493.
What is the price of a cheap apartment in Waterfront?
The cheapest apartment in Waterfront is Holly House Apartments which is listed at $1,795, while the average apartment in Waterfront costs $3,200.
What types of apartments are the cheapest in Waterfront?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 2 regular apartments in Waterfront that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.

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.

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.

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.

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.