Cheap Apartments for Rent in New Milford, IL from $400 (22 Rentals)

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4003 9th St
2 Bedroom Apartments

4003 9th St

4003 9th StRockford, IL 61109
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Carthage Apartments
1 to 2 Bedroom Apartments

Carthage Apartments

4440 Carthage DrRockford, IL 61109
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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 Rockford Housing Authority in the Central Terrace neighborhood priced from $480. Millbrook Townhomes in the Outer South Rockford neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $491. Here is today’s list of the most affordable New Milford apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rockford Housing AuthorityPark Terrace 2 Bed2BR,1BA$480
Millbrook TownhomesA 302BR,1BA$491
Roberts Court1 Bed, 1 bath1BR,1BA$715
Windsor Apartments2 bedroom 1 bathroom2BR,1BA$825
Beacon Hill ApartmentsPrimrose - Beacon Hill1BR,1BA$839

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

As of September 20, 2025 the best value apartment in the New Milford area is the $1.18 price per square foot 2BD 2BA Model at Hampton Trail in the in the Rolling Green neighborhood starting from $1,650. The second greatest value New Milford apartment is the A 30 Model at Millbrook Townhomes starting at $491 with a $0.36 price per square foot in the Outer South Rockford 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.
Hampton Trail2BD 2BA2BR,2BA$1.18
Millbrook TownhomesA 302BR,1.5BA$0.36
The Meadows ApartmentsThree Bedroom Two Bath Two Car Garage3BR,2BA$1.38
Windsor Apartments2 bedroom 1 bathroom2BR,1BA$0.67
Riverside Glen Apartments3 Bedroom 2 Bath3BR,2BA$1.27
4012 Renn Hart Hills2BR/1.0BA2BR,1BA$1.33
Creekview Apartments - First Month FREE!Newly Renovated 1BR1BR,1BA$1.23
***CREEKVIEW PROPERTIES***Upper floor with dishwasher2BR,1BA$1.31
Roberts Court1 Bed, 1 bath1BR,1BA$1.10
Rockford Housing AuthorityOlesen Plaza 1 Bed1BR,1BA$0.98

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Getting Around New Milford, IL

Walk Score®

9 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

26 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $480 at Rockford Housing Authority.

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 $480 at Rockford Housing Authority.

What is the most affordable New Milford Three Bedroom Apartment?

The best deal on a cheap New Milford Three Bedroom Apartment rental is at Riverside Apartments and starts from $1,345.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.