
Cheap Homes for Rent in New Milford, IL from $700 (10 Rentals)
Search the lowest-cost Homes available for rent right now in New Milford.


2425 Wesleyan Ave
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.

113 Foxglove Ln

2818 Hanson St

2410 Benderwirt Ave

4728 Trevor Cir

907 14th St

314 N Longwood St

1661 5th Ave
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.

409 Tay St
New Milford, IL 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 | $1,211 | $900 | $1,500 |
New Milford 3 Bedroom Homes for Rent | $1,514 | $1,250 | $2,500 |
New Milford 4 Bedroom Homes for Rent | $1,831 | $1,475 | $2,400 |
New Milford 5 Bedroom Homes for Rent | $5,000 | $5,000 | $5,000 |
Browse Top Homes for Rent in New Milford
Explore New Milford
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. Roberts Court in the Central Terrace neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $715. 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 |
Roberts Court | 1 Bed, 1 bath | 1BR,1BA | $715 |
Carlton Apartments | 2 bedroom one bathroom | 2BR,1BA | $825 |
Best Value Apartments for Rent in New Milford, IL and Nearby
As of June 28, 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 Central Terrace 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 ::OPEN HOUSE:: | 2br/1bth with Washer & Dryer | 2BR,1BA | $1.25 |
Riverside Terrace Apartments | Riverside Terrace - 2 Bedroom | 2BR,1BA | $1.32 |
Creekview Apartments ::OPEN HOUSE:: | Newly Renovated 1BR | 1BR,1BA | $1.22 |
***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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Frequently Asked Questions about New Milford
What type of rentals are currently available in New Milford?
There are currently 64 Apartments for Rent in New Milford, IL with pricing that ranges from $480 to $3,150. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Milford ranging from $790 to $5,000.
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 $790 to $5,000 with an average monthly rent of $2,111.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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.