
Cheap Apartments for Rent in New Milford, IL from $400 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in New Milford.


Millbrook Townhomes

Windsor Apartments

Great Oaks Apartments
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.

Beacon Hill Apartments

Carlton Apartments

Immaculate Updated 1 & 2 Bedroom with 1 Bath

One bedroom apartment with balcony
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.

Riverside Terrace Apartments

Halsted Park Apartments

Hampton Ridge

4728 Trevor Cir

4734 Trevor Cir
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, IL Local Guide

How much does it cost to rent an apartment in New Milford?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
New Milford Studio Apartments | $1,185 | $823 | $1,399 |
New Milford 1 Bedroom Apartments | $1,047 | $480 | $1,795 |
New Milford 2 Bedroom Apartments | $1,394 | $480 | $2,500 |
New Milford 3 Bedroom Apartments | $1,502 | $568 | $3,150 |
Browse Top Apartments in New Milford
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New Milford, IL Local Guide
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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. Windsor Apartments in the North Rockford neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $600. Here is today’s list of the most affordable New Milford apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Rockford Housing Authority | Park Terrace 2 Bed | 2BR,1BA | $480 |
Windsor Apartments | 3 bedroom 2 bathroom | 3BR,2BA | $600 |
Roberts Court | 1 Bed, 1 bath | 1BR,1BA | $715 |
Great Oaks Apartments | Primrose at Great Oaks | 1BR,1BA | $795 |
Carlton Apartments | 2 bedroom one bathroom | 2BR,1BA | $825 |
Best Value Apartments for Rent in New Milford, IL and Nearby
As of June 09, 2025 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 one bathroom Model at Carlton Apartments starting at $825 with a $0.69 price per square foot in the North Rockford 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. |
---|---|---|---|
Harbour East | Brighton | 2BR,2BA | $1.13 |
Carlton Apartments | 2 bedroom one bathroom | 2BR,1BA | $0.69 |
Rock Valley Apartments | The Sue | 2BR,2BA | $1.37 |
Riverside Glen Apartments | 3 Bedroom 2 Bath | 3BR,2BA | $1.27 |
Lakeland Apartments | 2br/1bth with Washer & Dryer | 2BR,1BA | $1.25 |
Creekview Apartments | Newly Renovated 1BR | 1BR,1BA | $1.22 |
Windsor Apartments | 1 bedroom 1 bathroom | 1BR,1BA | $0.87 |
***CREEKVIEW PROPERTIES*** | Upper floor with dishwasher | 2BR,1BA | $1.31 |
Roberts Court | 1 Bed, 1 bath | 1BR,1BA | $1.10 |
Rockford Housing Authority | Olesen Plaza 1 Bed | 1BR,1BA | $0.98 |
Quick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore New Milford, IL Rentals by Map
See the most popular apartments and homes in New Milford, IL
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 Windsor Apartments and starts from $600.
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.

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.

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.

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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.