Cheap Homes for Rent in Ocean Grove, NJ from $1,500 (25 Rentals)

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Ocean Grove, NJ Local Guide

Cheapest Available Ocean Grove Apartments for Rent

 

The cheapest available apartment rental in Ocean Grove, NJ is a Studio unit found at Holly House Apartments in the Waterfront neighborhood priced from $1,362. 200 Deal Lake Drive in the Waterfront neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,795. Here is today’s list of the most affordable Ocean Grove apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Holly House ApartmentsStudioStudio,1BA$1,362
200 Deal Lake DriveStudioStudio,1BA$1,795
Mariner Apartments1 Bed, 1 bath1BR,1BA$1,954
8th Ave Condos1BR/1.0BA1BR,1BA$2,000
Munroe TowersFloorplan P1BR,1BA$2,033

Best Value Apartments for Rent in Ocean Grove, NJ

As of May 13, 2025 the best value apartment in the Ocean Grove area is the $3.06 price per square foot One Bed One Bath with bath on Suite Model at SS Adams Luxury Rentals in the in the Waterfront neighborhood starting from $2,750. The second greatest value Ocean Grove apartment is the 302 5th Avenue Model at 302 5th Avenue, Unit Apt 5 starting at $3,000 with a $3.33 price per square foot in the Waterfront neighborhood. Here is today’s list of the best values for Ocean Grove apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
SS Adams Luxury RentalsOne Bed One Bath with bath on Suite1BR,1BA$3.06
302 5th Avenue, Unit Apt 5302 5th Avenue1BR,1BA$3.33
501-511 Lake Ter2BR/1.0BA2BR,1BA$2.85
Munroe TowersFloorplan P1BR,1BA$2.93
8th Ave Condos1BR/1.0BA1BR,1BA$3.16
Mariner Apartments1 Bed, 1 bath1BR,1BA$3.12
104 5th Ave Belmar2BR/1.0BA2BR,1BA$4.34
200 Deal Lake DriveStudioStudio ,1BA$3.59
Holly House ApartmentsStudioStudio ,1BA$3.15

Quick Rent Budget Calculator

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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Frequently Asked Questions about Ocean Grove

What type of rentals are currently available in Ocean Grove?

There are currently 402 Apartments for Rent in Ocean Grove, NJ with pricing that ranges from $1,350 to $15,000. There are also 244 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ocean Grove ranging from $1,500 to $95,000.

What is the current price range for Rental Homes in Ocean Grove?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Ocean Grove ranges from $1,500 to $95,000 with an average monthly rent of $13,034.

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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.