Cheap Homes for Rent in Milford, NJ from $1,200 (12 Rentals)

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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.

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

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 ListingModel NameBed/BathPriced From
Ravenscroft Apartments1x11BR,1BA$1,300
Nevin Park1 Bedroom Jr Suite1BR,1BA$1,300
Fourth and Spring1BR/1.0BA1BR,1BA$1,350
Ferry Street Flats2BR/1.0BA2BR,1BA$1,525
Brakeley GardensA1 Renovated 1BR,1BA$1,530

Best Value Apartments for Rent in Milford, NJ and Nearby

As of May 21, 2026 the best value apartment in the Milford area is the $1.72 price per square foot Four Bedroom Townhome Model at Cedar Park Community in the in the South Side neighborhood starting from $3,811. The second greatest value Milford apartment is the Townhome Model at Laurel Hills Townhomes starting at $2,500 with a $1.62 price per square foot in the College Hill neighborhood. Here is today’s list of the best values for Milford apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cedar Park CommunityFour Bedroom Townhome4BR,4BA$1.72
Laurel Hills TownhomesTownhome3BR,2.5BA$1.62
Saucon View ApartmentsThe Hemingway2BR,2BA$1.98
The Willows at Flemington Junction North2 Bedroom2BR,1BA$1.39
Sycamore LandingBirch2BR,2BA$2.01
Washington CourtGlendon2BR,2BA$1.61
The Village Green at Annandale2 Bedroom 1 Bathroom 9722BR,1BA$1.90
Lafayette TowersLehigh1BR,1BA$1.79
Ferry Street Flats2BR/1.0BA2BR,1BA$2.03
Ravenscroft Apartments1x11BR,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.

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Real 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.

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Frequently Asked Questions about Milford

What type of rentals are currently available in Milford?

There are currently 57 Apartments for Rent in Milford, NJ with pricing that ranges from $1,223 to $3,842. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Milford ranging from $1,200 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 $1,200 to $4,700 with an average monthly rent of $2,654.

How much are larger Three and Four Bedroom Rentals in Milford?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Milford range from $1,774 to $2,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $4,700. Four Bedroom Single-Family rentals are also available starting from $2,850 and Four Bedroom Apartments start at $3,811.

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

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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.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.