Cheap Apartments for Rent near New Milford, IL from $400 (64 Rentals)

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

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.

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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.

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Rockford Housing Authority
1 to 2 Bedroom Apartments

Rockford Housing Authority

223 S Winnebago StRockford, IL 61102
Corporate Housing
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Millbrook Townhomes
2 to 3 Bedroom Apartments

Millbrook Townhomes

1754 Millbrook LaneCherry Valley, IL 61016
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Windsor Apartments
Studio to 3 Bedroom Apartments

Windsor Apartments

902 N Main StRockford, IL 61103
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Carthage Apartments
1 to 2 Bedroom Apartments

Carthage Apartments

4440 Carthage DrRockford, IL 61109
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Carlton Apartments
2 to 3 Bedroom Apartments

Carlton Apartments

948 N Main StRockford, IL 61103
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2816 Rudeen Close
1 to 2 Bedroom Apartments

2816 Rudeen Close

2816 Rudeen CloseRockford, IL 61108

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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4418 Eastridge Dr
1 Bedroom Apartments

4418 Eastridge Dr

4418 Eastridge DrRockford, IL 61107
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4471 Carthage Dr
2 Bedroom Apartments

4471 Carthage Dr

4471 Carthage DrRockford, IL 61109
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4604 Governors Dr
1 to 2 Bedroom Apartments

4604 Governors Dr

4604 Governors DrRockford, IL 61109
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4651 GOVERNORS DR
1 to 2 Bedroom Apartments

4651 GOVERNORS DR

4651 Governors DrRockford, IL 61109
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4210-4212 7th St
2 Bedroom Apartments

4210-4212 7th St

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

4703 Turner St

4703 Turner StRockford, IL 61107
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4714 Trevor Cir
1 to 2 Bedroom Apartments

4714 Trevor Cir

4714 Trevor CirRockford, IL 61109
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3036 La Salle Ave
1 to 2 Bedroom Apartments

3036 La Salle Ave

3036 La Salle AveRockford, IL 61114

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.

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4710 Trevor Cir
1 to 2 Bedroom Apartments

4710 Trevor Cir

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

4551 Governors Dr

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

4003 9th St

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

4205 8th St

4205 8th StRockford, IL 61109
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4536 Trevor Cir
1 to 2 Bedroom Apartments

4536 Trevor Cir

4536 Trevor CirRockford, IL 61109
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4682 Trevor Cir
1 to 2 Bedroom Apartments

4682 Trevor Cir

4682 Trevor CirRockford, IL 61109
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1720 Remington Rd
1 to 2 Bedroom Apartments

1720 Remington Rd

1720 Remington RdRockford, IL 61108
  • Utilities Included

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.

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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 1 Bed unit found at Roberts Court in the Central Terrace neighborhood priced from $820. Windsor Apartments in the Central Terrace neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $825. Here is today’s list of the most affordable New Milford apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Roberts Court1 Bed, 1 bath1BR,1BA$820
Windsor Apartments2 bedroom 1 bathroom2BR,1BA$825
Carlton Apartments2 bedroom one bathroom2BR,1BA$875
Creekview Apartments- Upcoming Open Houses!Newly Renovated 1BR1BR,1BA$995
**CREEKVIEW PROPERTIES**Garden2BR,1BA$1,000
Riverside ApartmentsStudio with washer and dryer1BR,1BA$1,045
Great Oaks ApartmentsMarigold at Great Oaks2BR,1BA$1,149
Carriage Court Apartments1BR/1.0BA1BR,1BA$1,195
Harrison Beach ApartmentsSpacious Newly Renovated 2b/1b2BR,1BA$1,299
Beacon Hill ApartmentsDahlia2BR,1BA$1,366

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

As of July 10, 2026 the best value apartment in the New Milford area is the $0.67 price per square foot 2 bedroom 1 bathroom Model at Windsor Apartments in the in the Central Terrace neighborhood starting from $825. The second greatest value New Milford apartment is the 2 bedroom one bathroom Model at Carlton Apartments starting at $875 with a $0.73 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.
Windsor Apartments2 bedroom 1 bathroom2BR,1BA$0.67
Carlton Apartments2 bedroom one bathroom2BR,1BA$0.73
Pembrook PlaceChestnut1BR,1BA$1.62
Terra Creek ApartmentsYellowstone2BR,1BA$1.61
Creekview Apartments- Upcoming Open Houses!Newly Renovated 1BR+Washer/dryer1BR,1BA$1.36
Harrison Beach ApartmentsSpacious Newly Renovated 2b/1b2BR,1BA$1.62
**CREEKVIEW PROPERTIES**Upper floor with dishwasher2BR,1BA$1.31
Carriage Court Apartments1BR/1.0BA1BR,1BA$1.51
Roberts Court1 Bed, 1 bath1BR,1BA$1.26
Riverside ApartmentsStudio with washer and dryer1BR,1BA$1.61

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

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.

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

Explore New Milford, IL Rentals by Map

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

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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 $820 at Roberts Court.

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

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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.

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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.

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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.