
Cheap Homes for Rent in Milford, NJ from $1,200 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Milford.


2321 Sycamore St

21 S Main St

964 NJ-173

200 N 11th St

138 Bullman St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

4 Henshaw Ct

1507 Washington St

465 Royal Manor Rd

27 N 2nd St

101 Bullman St

198 Morris St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Milford, NJ Local Guide

How much does it cost to rent a home in Milford?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Milford 2 Bedroom Homes for Rent | $2,408 | $1,595 | $4,000 |
| Milford 3 Bedroom Homes for Rent | $2,841 | $1,750 | $4,700 |
| Milford 4 Bedroom Homes for Rent | $3,400 | $2,300 | $4,500 |
Browse Top Homes for Rent in Milford
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Milford, NJ Local Guide
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Cheapest Available Milford Apartments for Rent and Nearby
 The cheapest available apartment rental in Milford, NJ is a 1 Bed unit found at Ravenscroft Apartments in the College Hill neighborhood priced from $1,300. Nevin Park in the College Hill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,300. Here is today’s list of the most affordable Milford apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ravenscroft Apartments | 1x1 | 1BR,1BA | $1,300 |
| Nevin Park | 1 Bedroom Jr Suite | 1BR,1BA | $1,300 |
| Fourth and Spring | 1BR/1.0BA | 1BR,1BA | $1,400 |
| Washington Court | Palmer | Studio,1BA | $1,404 |
| Brakeley Gardens | A1 Renovated | 1BR,1BA | $1,445 |
Best Value Apartments for Rent in Milford, NJ and Nearby
As of July 05, 2026 the best value apartment in the Milford area is the $1.62 price per square foot Townhome Model at Laurel Hills Townhomes in the in the College Hill neighborhood starting from $2,500. The second greatest value Milford apartment is the Concord Model at Cedar Park Community starting at $2,383 with a $2.02 price per square foot in the South Side neighborhood. Here is today’s list of the best values for Milford apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Laurel Hills Townhomes | Townhome | 3BR,2.5BA | $1.62 |
| Cedar Park Community | Concord | 2BR,2BA | $2.02 |
| The Willows at Flemington Junction North | 2 Bedroom | 2BR,1BA | $1.39 |
| Evergreen Farms at Bethlehem | Balsam | 2BR,2BA | $1.84 |
| The Seville Apartments | 2 Bedroom Center | 2BR,2BA | $2.01 |
| General Lafayette Apartments | 2x2 1036 | 2BR,2BA | $1.55 |
| 21-23 Rosemont Ct | 2 Beds, 2 baths | 2BR,2BA | $1.95 |
| The Village Green at Annandale | 2 Bedroom 1 Bathroom 972 | 2BR,1BA | $1.90 |
| Lafayette Towers | Lehigh | 1BR,1BA | $1.79 |
| Ravenscroft Apartments | 1x1 | 1BR,1BA | $1.86 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Milford
What type of rentals are currently available in Milford?
There are currently 62 Apartments for Rent in Milford, NJ with pricing that ranges from $1,224 to $3,792. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Milford ranging from $1,245 to $4,700.
What is the current price range for Rental Homes in Milford?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Milford ranges from $1,245 to $4,700 with an average monthly rent of $2,526.
Expert Rental Resources
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.
Articles, How-To's, and Tips

Live Local, Spend Less: Your Guide to Affordable Allentown Neighborhoods
Written by: Jodi I
I’m Jodi, your ApartmentHomeLiving.com Local Expert for Allentown, Pennsylvania. I grew up in Bethlehem and moved to Allentown after graduating from the University of Delaware.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.