Cheap Apartments for Rent near New Milford, IL from $800 (73 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article
close
View Me
Rockford Housing Authority
1 to 2 Bedroom Apartments

Rockford Housing Authority

223 S Winnebago StRockford, IL 61102
Corporate Housing
  • Utilities Included
close
View Me
Millbrook Townhomes
2 to 3 Bedroom Apartments

Millbrook Townhomes

1754 Millbrook LaneCherry Valley, IL 61016

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.

Read Article
close
View Me
Windsor Apartments
Studio to 3 Bedroom Apartments

Windsor Apartments

902 N Main StRockford, IL 61103
  • Utilities Included
close
View Me
Carthage Apartments
1 to 2 Bedroom Apartments

Carthage Apartments

4440 Carthage DrRockford, IL 61109
  • Utilities Included
close
View Me
Carlton Apartments
2 to 3 Bedroom Apartments

Carlton Apartments

948 N Main StRockford, IL 61103
  • Utilities Included
close
View Me
2816 Rudeen Close
1 to 2 Bedroom Apartments

2816 Rudeen Close

2816 Rudeen CloseRockford, IL 61108
close
View Me
4471 Carthage Dr
2 Bedroom Apartments

4471 Carthage Dr

4471 Carthage DrRockford, IL 61109
close
View Me
4418 Eastridge Dr
1 Bedroom Apartments

4418 Eastridge Dr

4418 Eastridge DrRockford, IL 61107
close
View Me
4566 Governors Dr
1 to 2 Bedroom Apartments

4566 Governors Dr

4566 Governors DrRockford, IL 61109

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.

Read Article
close
View Me
4210-4212 7th St
2 Bedroom Apartments

4210-4212 7th St

4210-4212 7th StRockford, IL 61109
close
View Me
4703 Turner St
Studio to 2 Bedroom Apartments

4703 Turner St

4703 Turner StRockford, IL 61107
  • Utilities Included
close
View Me
3036 La Salle Ave
1 to 2 Bedroom Apartments

3036 La Salle Ave

3036 La Salle AveRockford, IL 61114
close
View Me
4710 Trevor Cir
1 to 2 Bedroom Apartments

4710 Trevor Cir

4710 Trevor CirRockford, IL 61109
close
View Me
4551 Governors Dr
2 Bedroom Apartments

4551 Governors Dr

4551 Governors DrRockford, IL 61109
close
View Me
4003 9th St
2 Bedroom Apartments

4003 9th St

4003 9th StRockford, IL 61109
close
View Me
4205 8th St
2 Bedroom Apartments

4205 8th St

4205 8th StRockford, IL 61109
close
View Me
4682 Trevor Cir
1 to 2 Bedroom Apartments

4682 Trevor Cir

4682 Trevor CirRockford, IL 61109

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.

Read Article
Showing Results 1-50, Page 1 of 2

New Milford, IL Local Guide

Cheapest Available New Milford Apartments for Rent and Nearby

 

The cheapest available apartment rental in New Milford, IL is a 2 Beds unit found at Windsor Apartments in the Central Terrace neighborhood priced from $825. Carlton Apartments in the Central Terrace neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $875. Here is today’s list of the most affordable New Milford apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Windsor Apartments2 bedroom 1 bathroom2BR,1BA$825
Carlton Apartments2 bedroom one bathroom2BR,1BA$875
Roberts Court2 Beds, 1.5 baths2BR,1BA$970
Creekview ApartmentsNewly Renovated 1BR1BR,1BA$995
**CREEKVIEW PROPERTIES**Garden2BR,1BA$1,000
Riverside Terrace ApartmentsRiverside Terrace - 1 Bedroom1BR,1BA$1,095
Wesleyan Apartments2425-2505 Wesleyan Ave1BR,1BA$1,095
Harrison AveHarrison Ave - 2 Bedroom (Balcony)2BR,1BA$1,175
4651 GOVERNORS DR2BR/1.0BA2BR,1BA$1,175
Beacon Hill ApartmentsOrchid1BR,1BA$1,190

Best Value Apartments for Rent in New Milford, IL and Nearby

As of August 25, 2026 the best value apartment in the New Milford area is the $1.13 price per square foot Brighton Model at Harbour East in the in the East Rockford neighborhood starting from $1,800. The second greatest value New Milford apartment is the 2 bedroom 1 bathroom Model at Windsor Apartments starting at $825 with a $0.67 price per square foot in the Central Terrace 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.
Harbour EastBrighton2BR,2BA$1.13
Windsor Apartments2 bedroom 1 bathroom2BR,1BA$0.67
Carlton Apartments2 bedroom one bathroom2BR,1BA$0.73
Riverside Apartments3 Bedroom 1 Bath - 844263BR,1BA$1.18
The MeadowsCrossing Two Bedroom Two Bath2BR,2BA$1.49
Roberts Court2 Beds, 1.5 baths2BR,1.5BA$0.97
4651 GOVERNORS DR2BR/1.0BA2BR,1BA$1.27
Creekview ApartmentsNewly Renovated 1BR+Washer/dryer1BR,1BA$1.36
**CREEKVIEW PROPERTIES**Upper floor with dishwasher2BR,1BA$1.31
Carriage Court Apartments1BR/1.0BA1BR,1BA$1.51

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 Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

Explore New Milford, IL Rentals by Map

Decorative image of map

See the most popular apartments and homes in New Milford, IL

View Map
New Milford, IL Apartments Map
View Map
New Milford, IL Rental Homes Map

Frequently Asked Questions about Cheap New Milford Apartments

How much is rent for a Cheap One Bedroom New Milford Apartment?

The lowest price for a Cheap One Bedroom New Milford Apartment is $995 at Creekview Apartments.

What is the lowest price for a Cheap Two Bedroom New Milford Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in New Milford is starting from $825 at Windsor Apartments.

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

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.

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

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

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.