Cheap Homes for Rent in Millburn, NJ from $1,275 (15 Rentals)

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Search the lowest-cost Homes available for rent right now in Millburn.

property at 378 Valley
$2,050

Total Monthly Price

Base Rent$2,050

Total Monthly Price$2,050
1 Bedroom, 1 Bath Condo for Rent
Available Now

378 Valley, Unit #C5C

378 Valley
South OrangeNJ07079
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property at 390 Morris Ave
$2,200

Total Monthly Price

Base Rent$2,200

Total Monthly Price$2,200
2 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

390 Morris Ave

SummitNJ07901
property at 936 Stuyvesant Ave.
$2,200

Total Monthly Price

Base Rent$2,200

Total Monthly Price$2,200
2 Bedroom, 1 Bath Home for Rent
Available Now
property at 856 Hobson St
$2,300

Total Monthly Price

Base Rent$2,300

Total Monthly Price$2,300
2 Bedroom, 1 Bath Home for Rent
Available Now

856 Hobson St, Unit 1

856 Hobson St
UnionNJ07083

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property at 49 Caldwell Pl
$2,375 - $4,300
2 To 5 Bedroom Rentals
Available Now

49 Caldwell Pl

SpringfieldNJ07081
property at 861 Valley St
$2,500

Total Monthly Price

Base Rent$2,500

Total Monthly Price$2,500
2 Bedroom, 1 Bath Home for Rent
Available Now

861 Valley St

VauxhallNJ07088

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Millburn, NJ Local Guide

Cheapest Neighborhoods for Apartments in Millburn, NJ

Pricing Updated: 09/12/2026

Current apartment rentals in the Millburn, NJ area range in price from $1,625 to $9,195 with an overall median price of $2,885. Here is today’s list neighborhoods with the lowest median pricing for Millburn Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
South Mountain$2,523$1,62523
South Hills Park Historic District$2,949$1,62558
Downtown$2,952$1,62569

Cheapest Available Millburn Apartments for Rent

 

The cheapest available apartment rental in Millburn, NJ is a 1 Bed unit found at West Mill Gardens in the Bel Air neighborhood priced from $1,895. Short Hills Terrace in the Downtown neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,981. Here is today’s list of the most affordable Millburn apartments for rent:

Apartment ListingModel NameBed/BathPriced From
West Mill Gardens$2.38/sq.ft. - The Astor1BR,1BA$1,895
Short Hills Terrace1B21BR,1BA$1,981
Short Hills Gardens1 Bedroom Deluxe1BR,1BA$1,995
510 Millburn Avenue ApartmentsOne Bedroom Junior1BR,1BA$2,000
Valley Grand1 Bed 1 Bath1BR,1BA$2,052

Best Value Apartments for Rent in Millburn, NJ

As of September 12, 2026 the best value apartment in the Millburn area is the $2.35 price per square foot $2.35/sq.ft. - Residence D Model at Cider Mill Townhomes in the in the Bel Air neighborhood starting from $5,995. The second greatest value Millburn apartment is the 2x1.5-1641 Model at Berkshire Gardens starting at $3,750 with a $2.29 price per square foot in the South Hills Park Historic District neighborhood. Here is today’s list of the best values for Millburn apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cider Mill Townhomes$2.35/sq.ft. - Residence D2BR,2.5BA$2.35
Berkshire Gardens2x1.5-16412BR,1.5BA$2.29
216 Academy St, Unit 2nd fl216 Academy St2BR,1BA$2.36
The Cove at SpringfieldTwo Bedroom2BR,2BA$2.48
The Villas$2.65/sq.ft. - Two Bedroom2BR,2BA$2.65
The Club at Autumn RidgeThe Birch2BR,2BA$2.32
101 2nd St, Unit 101 2nd St Unit 2101 2nd St2BR,1BA$2.64
Summit HillOne Bed One Bath1BR,1BA$2.62
Short Hills Village Apartment Homes1 Bedroom 1 Bath1BR,1BA$2.59
Short Hills Terrace1B21BR,1BA$2.42

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Millburn

What type of rentals are currently available in Millburn?

There are currently 234 Apartments for Rent in Millburn, NJ with pricing that ranges from $1,495 to $9,195. There are also 60 Single Family Homes for rent, Condos, and Townhome rentals currently available in Millburn ranging from $1,275 to $10,000.

What is the current price range for Rental Homes in Millburn?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Millburn ranges from $1,275 to $10,000 with an average monthly rent of $3,965.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Millburn range from $2,700 to $9,195, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,800 to $6,750. Four Bedroom Single-Family rentals are also available starting from $4,300 and Four Bedroom Apartments start at $3,100.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.