Apartments for Rent in New Jersey under $500
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3 bd $142Base rent4.0 (5)348 Duncan Ave, Jersey City, NJ 07306Pet friendly • Air conditioner • Washer/Dryer
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1 bd $1862 bd $179Base rent3.5 (5)348 Duncan Ave, Jersey City, NJ 07306Pet friendly
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1 bd $477+Base rent4.0 (36)70 Junction Road, Flemington, NJ 08822Pet friendly • Fitness center • Dishwasher
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Only 2 units leftStudio $200Base rent4.0 (14)420 North Broadway, Pitman, NJ 08071Apply online • Pet friendly -
Only 2 units leftStudio $500+Base rent5.0 (2)175 Washington Avenue, Dumont, NJ 07628Apply online -
2 bd $500+Base rent4.5 (36)21 Mt. Kemble Avenue, Morristown, NJ 07960Apply online
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Only 1 unit leftStudio $350Base rent124 Valley Road, Montclair, NJ 07042Apply online • Pet friendly -
1 bd $453+Base rent3.0 (2)1 Justin Drive, Cranbury, NJ 08512Pet friendly • Fitness center • In unit laundry
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Ask for PricingIncome restricted225 Spring Street, Newton, NJ 07860Pet friendly • Parking • In unit laundry
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1 bd $417+Base rent4.0 (40)230 Kinderkamack Road, River Edge, NJ 07661Pet friendly • Parking • Fitness center
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Ask for pricing3.5 (7)76 Lakeview Avenue, Bridgeton, NJ 08302Pet friendly • Dishwasher • Patio/Balcony
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Studio $150+Base rent4.5 (3)Metuchen Manor, Metuchen, NJ 08840Cat friendly • Parking • In unit laundry
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Studio $200Base rent429 Jackson Avenue, Magnolia, NJ 08049Pet friendly
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Studio $500Base rent4.5 (3)2-4 South West Boulevard, Newfield, NJ 08344Pet friendly -
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1 bd $424+Base rent3.0 (13)1100 Tanyard Oaks Court, Sewell, NJ 08080Dishwasher • Air conditioner • Washer/Dryer -
1 bd $451+Base rent4.0 (5)1 Oaks Drive, Suite 300, Woolwich Twp, NJ 08085Dishwasher • Air conditioner • Washer/Dryer
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Studio $110Base rent4.0 (6)600-656 Ringwood Ave, Pompton Lakes, NJ 07442Pet friendly -
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Studio $200+Base rent3.0 (1)715 Hamburg Turnpike, Pompton Lakes, NJ 07442Pet friendly -
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Studio $1Base rent18 Frederick Street- Garage, Waldwick, NJ 07463Pet friendly -
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Studio $150Base rent222 Walker Street, Cliffside Park, NJ 07010 -
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Studio $307+Base rent3.0 (2)200 Irvington Ave,, South Orange, NJ 07079Pet friendly
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Studio $75+Base rent4.0 (3)252 Collignon Way, River Vale, NJ 07675Pet friendly
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2 bd $455+Base rent5004 Bergenline Avenue, West New York, NJ 07093 -
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1 bd $912 bd $498Base rentGrant Street, Mays Landing, NJ 08330Pet friendly
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Frequently asked questions
When were prices and availability in New Jersey last updated?
Prices and availability in New Jersey were last updated on 13 Jul 2026.
What are the best apartments in New Jersey?
The best apartments in New Jersey are: Station Bay, One Ten, The Randolph, The Enclave and The Austin Apartment Homes.
What type of rental buildings are in New Jersey?
In New Jersey 36% of the housing is rented out compared to 64% of homes are owned, according to the most recent Census Bureau estimates. 19% of New Jersey's apartments are found in large buildings of 50 units or more, 69% are located in smaller apartment complexes with less than 50 units, and 11% are single-family rentals.
Renting apartments in New Jersey under $500
Searching for apartments for rent in New Jersey under $500 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RentCafe can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away. In New Jersey, where the average rent is $716 per month, there are 39 units available for less than $500. Click on any of these units to see pictures, floor plans, amenities and more. After you have picked your favorite, you can contact the property to check availability. Considering that you are trying to spend as little as possible, looking at 1 bedroom apartments and studio apartments might be a good idea.
We’ll help you find the cheapest rental near you
Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $500” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in New Jersey. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in New Jersey going for $110 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.