Cheap Apartments for Rent in the Downtown Neptune City Neighborhood of Neptune, NJ from $900 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Neptune City area of Neptune.

31 Atlantic Ave

35 Olin St

Holly House Apartments

Ocean Harbor Apartments, LLC

1034 Sewall Ave

35 Ocean Pathway

200 Deal Lake Drive

69 Embury Ave

Brinley Manor, LLC

515 Monmouth Ave

506 3rd Ave

308 7th Ave
Downtown Neptune City, Neptune, NJ Local Guide

How much does it cost to rent an apartment in Downtown Neptune City?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Neptune City Studio Apartments | $1,799 | $1,362 | $2,500 |
Downtown Neptune City 1 Bedroom Apartments | $2,738 | $1,300 | $10,000+ |
Downtown Neptune City 2 Bedroom Apartments | $3,720 | $2,100 | $10,000+ |
Downtown Neptune City 3 Bedroom Apartments | $11,137 | $2,750 | $10,000+ |
Downtown Neptune City 4 Bedroom Apartments | $3,397 | $2,995 | $3,800 |
Browse Apartments in this Neighborhood
There are currently 26 rentals with your search options within a 2 mile radius of the Downtown Neptune City Neighborhood of Neptune, NJ.
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Downtown Neptune City, Neptune, NJ Local Guide
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Cheapest Available Downtown Neptune City Apartments for Rent
 The cheapest available apartment rental in the Downtown Neptune City area of Neptune, 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 Downtown Neptune City apartments for rent in Neptune, 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 |
The Manor at Spring Lake, LLC | 1 Bedroom/1Bath | 1BR,1BA | $1,915 |
Mariner Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,954 |
The Heights at Spring Lake | 1B-1B | 1BR,1BA | $1,995 |
407 Sewall Ave | 1BR/1.0BA | 1BR,1BA | $2,250 |
Hampshire Terrace Apartments | 1 Bedroom | 1BR,1BA | $2,260 |
400 3rd Ave | 1BR/1.0BA | 1BR,1BA | $2,300 |
Best Value Apartments for Rent in Downtown Neptune City, NJ
As of March 30, 2025 the best value apartment in the Downtown Neptune City area is the $2.81 price per square foot InteriorTwo Bedroom Two Bath Model at SS Adams Luxury Rentals in the in the Waterfront neighborhood starting from $2,950. The second greatest value Downtown Neptune City apartment is the 2BR/1.0BA Model at 501-511 Lake Ter starting at $2,493 with a $2.85 price per square foot in the Downtown Asbury Park neighborhood. Here is today’s list of the best values for Downtown Neptune City apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
SS Adams Luxury Rentals | InteriorTwo Bedroom Two Bath | 2BR,2BA | $2.81 |
501-511 Lake Ter | 2BR/1.0BA | 2BR,1BA | $2.85 |
Hampshire Terrace Apartments | 1 Bedroom | 1BR,1BA | $2.66 |
The Manor at Spring Lake, LLC | 1 Bedroom/1Bath | 1BR,1BA | $2.28 |
The Heights at Spring Lake | 2B-1.5B | 2BR,1.5BA | $3.11 |
55 Main St, Unit 2 | 55 Main St | 2BR,1BA | $3.71 |
Munroe Towers | Floorplan D | 1BR,1BA | $2.67 |
Mariner Apartments | 1 Bed, 1 bath | 1BR,1BA | $3.12 |
200 Deal Lake Drive | Studio | Studio ,1BA | $3.39 |
Holly House Apartments | Studio | Studio ,1BA | $3.15 |
Quick Rent Budget Calculator
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Best Local Schools in Downtown Neptune City, Neptune, NJ
Woodrow Wilson Elementary School
School data provided by Great Schools
Best Local Schools in Downtown Neptune City, Neptune, NJ
Woodrow Wilson Elementary School
School data provided by Great Schools
Getting Around the Downtown Neptune City Neighborhood in Neptune, NJ
Walk Score®
76 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
70 / 100
Very Bikeable
Biking is convenient for most trips
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Downtown Neptune City Apartments
What is a cheap apartment in Downtown Neptune City?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Neptune City is under $2,300.
What is the price of a cheap apartment in Downtown Neptune City?
The cheapest apartment in Downtown Neptune City is Holly House Apartments which is listed at $1,795, while the average apartment in Downtown Neptune City costs $8,000.
What types of apartments are the cheapest in Downtown Neptune City?
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 Downtown Neptune City 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.