Cheap Homes for Rent in New Milford, CT from $1,500 (15 Rentals)

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property at 77 Belair Dr

77 Belair Dr, Unit 77

77 Belair Dr
New MilfordCT06776

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

property at 5 Acorn Ln

5 Acorn Ln

New MilfordCT06776

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

property at 28 Belair Dr

28 Belair Dr

New MilfordCT06776
property at 95 Park Lane Rd

95 Park Lane Rd

New MilfordCT06776

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

New Milford, CT Local Guide

Cheapest Available New Milford Apartments for Rent

 

The cheapest available apartment rental in New Milford, CT is a 1 Bed unit found at 1243 W Main St in the Waterbury Middlebury neighborhood priced from $1,250. Bunker Hill in the Waterbury Middlebury neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,315. Here is today’s list of the most affordable New Milford apartments for rent:

Apartment ListingModel NameBed/BathPriced From
1243 W Main StOne Bedroom1BR,1BA$1,250
Bunker HillTwo Bedroom2BR,1BA$1,315
Simeon Village- AGE RESTRICTEDStudio UnitStudio,1BA$1,450
WoodburyLily RenovatedStudio,1BA$1,550
Middlebury Crossing ApartmentsTwo Bedroom/ 1 Bath2BR,1BA$1,650

Best Value Apartments for Rent in New Milford, CT

As of July 10, 2025 the best value apartment in the New Milford area is the $2.54 price per square foot C Floorplan Model at The Grand at Stony Hill Village in the in the Hawleyville neighborhood starting from $3,250. The second greatest value New Milford apartment is the 2 Bed/2 Bath-Laurel Terrace Model at Willow Grove Apartment Homes starting at $2,976 with a $2.49 price per square foot in the Danbury Newtown Monroe neighborhood. Here is today’s list of the best values for New Milford apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Grand at Stony Hill VillageC Floorplan3BR,2BA$2.54
Willow Grove Apartment Homes2 Bed/2 Bath-Laurel Terrace2BR,2BA$2.49
Middlebury Crossing Apartments2 Bedroom/1.5 Bath Townhome2BR,1.5BA$1.68
Brookview Commons WestBCW-B72BR,2BA$2.51
West Hill ApartmentsTown Home with Full Basement2BR,1.5BA$1.86
Emporium Plaza Apartments1 x 11BR,1BA$2.17
2205 Mayor Mitchell Court2 bedroom2BR,1BA$2.45
Towne Brooke CommonsHawley1BR,1BA$2.45
Ridgeway PlaceAmherst1BR,1BA$2.86
1243 W Main StOne Bedroom1BR,1BA$1.67

Quick 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.

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Frequently Asked Questions about New Milford

What type of rentals are currently available in New Milford?

There are currently 69 Apartments for Rent in New Milford, CT with pricing that ranges from $1,100 to $5,478. There are also 81 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Milford ranging from $1,500 to $40,000.

What is the current price range for Rental Homes in New Milford?

Today's rental pricing for Homes for Rent, Condos and Townhomes in New Milford ranges from $1,500 to $40,000 with an average monthly rent of $13,201.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.