Cheap Homes for Rent in New Milford, CT from $1,500 (7 Rentals)

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

property at 74 Belair Dr

$1,575

Total Monthly Price

Total Monthly Price

Base Rent
$1,575

Total Monthly Price
$1,575

1 Bedroom, 1 Bath Condo for Rent

Available Now

74 Belair Dr

New MilfordCT06776

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.

property at 25 Canterbury Arms

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

2 Bedroom, 1 Bath Condo for Rent

Available Now

25 Canterbury Arms

New MilfordCT06776
property at 21 CT-39

$2,100

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

1 Bedroom, 1 Bath Home for Rent

Available Now

21 CT-39

ShermanCT06784
property at 689 Kent Rd

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

2 Bedroom, 1 Bath Home for Rent

Available Now

689 Kent Rd

New MilfordCT06755

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.

property at 18 Inglenook Dr

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

2 Bedroom, 1 Bath Home for Rent

Available Now

18 Inglenook Dr

New FairfieldCT06812

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 $1,350. Simeon Village- AGE RESTRICTED in the Danbury Newtown Monroe neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,550. 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$1,350
Simeon Village- AGE RESTRICTEDStudio UnitStudio,1BA$1,550
Woodbury KnollLily RenovatedStudio,1BA$1,599

Best Value Apartments for Rent in New Milford, CT

As of July 08, 2026 the best value apartment in the New Milford area is the $2.45 price per square foot Danbury Model at Ridgeway Place in the in the Danbury Newtown Monroe neighborhood starting from $3,118. The second greatest value New Milford apartment is the Bridgeport Model at Arrive Danbury starting at $3,129 with a $2.51 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.
Ridgeway PlaceDanbury3BR,2BA$2.45
Arrive DanburyBridgeport2BR,2BA$2.51
Willow Grove Apartment Homes2 Bed/2 Bath-Laurel2BR,2BA$2.41
THE GRAND AT BETHELCanterbury3BR,2BA$2.50
Oxford CommonsChelsea 3-Bdrm/Affordable3BR,2BA$1.67
Middlebury Crossing Apartments2 Bedroom/1.5 Bath Townhome2BR,1.5BA$1.81
West Hill ApartmentsTown Home with Full Basement2BR,1.5BA$1.84
2205 Mayor Mitchell Court2 bedroom2BR,1BA$2.45
1243 W Main StOne Bedroom1BR,1BA$1.80
2 Pasture Way, Unit #12 Pasture Way1BR,1BA$2.50

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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Quick Rent Budget Calculator

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

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Frequently Asked Questions about New Milford

What type of rentals are currently available in New Milford?

There are currently 73 Apartments for Rent in New Milford, CT with pricing that ranges from $1,250 to $5,419. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Milford ranging from $1,575 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 $1,575 to $40,000 with an average monthly rent of $9,986.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in New Milford range from $1,875 to $5,419, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,950 to $30,900. Four Bedroom Single-Family rentals are also available starting from $3,000 and Four Bedroom Apartments start at $2,195.

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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.

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

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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.