
Cheap Homes for Rent in Millburn, NJ from $1,400 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Millburn.


240 Burkley Pl

2074 Stowe St

78 Burnet Ave
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.

65 Summit Ave

300 Concord Ave

300 Wilson Rd

308 Ohio 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.

305 Millburn Ave
Millburn, NJ Local Guide

How much does it cost to rent a home in Millburn?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Millburn 2 Bedroom Homes for Rent | $2,816 | $1,900 | $4,500 |
| Millburn 3 Bedroom Homes for Rent | $4,326 | $2,775 | $6,800 |
| Millburn 4 Bedroom Homes for Rent | $5,100 | $3,950 | $6,250 |
| Millburn 5 Bedroom Homes for Rent | $9,950 | $5,250 | $10,000+ |
| Millburn 6 Bedroom Homes for Rent | $5,400 | $5,400 | $5,400 |
| Millburn 7 Bedroom Homes for Rent | $14,500 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Millburn
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Millburn, NJ Local Guide
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Cheapest Neighborhoods for Apartments in Millburn, NJ
Pricing Updated: 04/29/2026Current apartment rentals in the Millburn, NJ area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Millburn Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| South Mountain | $8,995 | $1,625 | 33 |
| Downtown | $9,500 | $1,625 | 91 |
| South Hills Park Historic District | $9,500 | $1,625 | 77 |
Cheapest Available Millburn Apartments for Rent
 The cheapest available apartment rental in Millburn, NJ is a 1 Bed unit found at 747 Valley Apartments in the Union Center Four Corners neighborhood priced from $1,675. Normandy Village in the Livingston neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,799. Here is today’s list of the most affordable Millburn apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 747 Valley Apartments | 1BR/1.0BA | 1BR,1BA | $1,675 |
| Normandy Village | 1 Bedroom | 1BR,1BA | $1,799 |
| Short Hills Gardens | 1 Bedroom Junior | 1BR,1BA | $1,820 |
Best Value Apartments for Rent in Millburn, NJ
As of April 29, 2026 the best value apartment in the Millburn area is the $2.19 price per square foot $2.37/sq.ft. - Residence C Model at Cider Mill Townhomes in the in the Bel Air neighborhood starting from $5,545. The second greatest value Millburn apartment is the Townhouse A Model at Northfield Townhouses starting at $2,935 with a $1.63 price per square foot in the Bel Air neighborhood. Here is today’s list of the best values for Millburn apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cider Mill Townhomes | $2.37/sq.ft. - Residence C | 2BR,2.5BA | $2.19 |
| Northfield Townhouses | Townhouse A | 2BR,1BA | $1.63 |
| The Summit | 2 Bed / 2 Bath | 2BR,2BA | $2.50 |
| 255 Tuscan | 2 Bedroom 2.5 Bath w/ Loft | 2BR,2.5BA | $2.20 |
| Maplewood Crossing Luxury Apartments | 2 Beds, 2 baths | 2BR,2BA | $2.58 |
| West Mill Gardens | $2.14/sq.ft. - The Chelsea | 2BR,1.5BA | $2.65 |
| The Cove at Springfield | One Bedroom | 1BR,1BA | $2.58 |
| Short Hills Village Apartment Homes | 1 Bedroom 1 Bath | 1BR,1BA | $2.47 |
| 348 Boyden Ave, Unit 3 | 348 Boyden Ave | Studio ,1BA | $1.52 |
| Art Deco Charm in the Heart of Downtown | 1 BR | 1BR,1BA | $2.63 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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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.
Best Local Schools in Millburn, NJ
South Mountain Elementary School
Millburn Sr High School
School data provided by Great Schools
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 232 Apartments for Rent in Millburn, NJ with pricing that ranges from $1,295 to $9,500. There are also 53 Single Family Homes for rent, Condos, and Townhome rentals currently available in Millburn ranging from $1,400 to $14,500.
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 $1,400 to $14,500 with an average monthly rent of $6,396.
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 $2,750 to $8,895, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,775 to $6,800. Four Bedroom Single-Family rentals are also available starting from $3,950 and Four Bedroom Apartments start at $3,550.
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

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.

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.