
Cheap Homes for Rent in New Milford, CT from $1,575 (12 Rentals)
Search the lowest-cost Homes available for rent right now in New Milford.


21 Nicholas Square, Unit C

59 Park Lane Rd

26 Bostwick Arms

100 Pumpkin Hill Rd

15 Harry Brook Village, Unit 15
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

7 Terrace Pl

17 Willow Springs

17 Fordyce Ct

179 Willow Springs

160 Willow Springs

303 Willow Springs
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
New Milford, CT Local Guide

How much does it cost to rent a home in New Milford?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Milford 2 Bedroom Homes for Rent | $4,772 | $2,000 | $10,000+ |
| New Milford 3 Bedroom Homes for Rent | $6,459 | $2,295 | $10,000+ |
| New Milford 4 Bedroom Homes for Rent | $13,488 | $2,700 | $10,000+ |
| New Milford 5 Bedroom Homes for Rent | $9,950 | $9,950 | $9,950 |
| New Milford 6 Bedroom Homes for Rent | $20,350 | $8,500 | $10,000+ |
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New Milford, CT Local Guide
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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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1243 W Main St | One Bedroom | 1BR,1BA | $1,350 |
| Simeon Village | Studio Unit | Studio,1BA | $1,550 |
| Woodbury Knoll | Lily Renovated | Studio,1BA | $1,674 |
| Middlebury Crossing Apartments | Two Bedroom/ 1 Bath | 2BR,1BA | $1,745 |
| Barnbeck Place | EF1 | Studio,1BA | $1,850 |
Best Value Apartments for Rent in New Milford, CT
As of August 22, 2026 the best value apartment in the New Milford area is the $1.83 price per square foot Berkely Model at Mayfair Square in the in the Danbury Newtown Monroe neighborhood starting from $3,595. The second greatest value New Milford apartment is the C Floorplan Model at The Grand at Stony Hill Village starting at $3,250 with a $2.54 price per square foot in the Hawleyville neighborhood. Here is today’s list of the best values for New Milford apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Mayfair Square | Berkely | 2BR,2.5BA | $1.83 |
| The Grand at Stony Hill Village | C Floorplan | 3BR,2BA | $2.54 |
| Willow Grove Apartment Homes | 2 Bed/2 Bath-Laurel Terrace | 2BR,2BA | $2.44 |
| Oxford Commons | Chelsea 3-Bdrm/2-Bath | 3BR,2BA | $1.84 |
| Ridgeway Place | Concord | 2BR,2BA | $2.36 |
| Middlebury Crossing Apartments | 2 Bedroom/1.5 Bath Townhome | 2BR,1.5BA | $1.81 |
| West Hill Apartments | Town Home with Full Basement | 2BR,1.5BA | $1.84 |
| 2205 Mayor Mitchell Court | 2 bedroom | 2BR,1BA | $2.45 |
| Barton Commons | 2 Bedroom | 2BR,1BA | $2.30 |
| 1243 W Main St | One Bedroom | 1BR,1BA | $1.80 |
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.
Read ArticleReal 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.
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 New Milford, CT
Sarah Noble Intermediate School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore New Milford, CT Rentals by Map
See the most popular apartments and homes in New Milford, CT
Frequently Asked Questions about New Milford
What type of rentals are currently available in New Milford?
There are currently 70 Apartments for Rent in New Milford, CT with pricing that ranges from $1,250 to $8,000. There are also 56 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Milford ranging from $1,575 to $37,500.
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 $37,500 with an average monthly rent of $8,062.
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 $2,075 to $5,309, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,295 to $30,900. Four Bedroom Single-Family rentals are also available starting from $2,700 and Four Bedroom Apartments start at $1,995.
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

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.

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.

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.

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.