Cheap Apartments for Rent in New Milford, NJ from $900 (69 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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property at 846 Williams Ave

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000
Total Monthly Price
$2,000

1 Bedroom, 1 Bath Home for Rent

Available Jul 1

846 Williams Ave

TeaneckNJ07666

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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Saron 1 Apartments
Studio to 1 Bedroom Apartments

Saron 1 Apartments

805 Red RdTeaneck, NJ 07666
  • Utilities Included

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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The Newport
1 Bedroom Apartments

The Newport

350 Prospect AveHackensack, NJ 07601
  • Utilities Included
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20 W Church St
1 Bedroom Apartments

20 W Church St

20 W Church StBergenfield, NJ 07621
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The Eldorado
1 to 2 Bedroom Apartments

The Eldorado

240 Anderson StHackensack, NJ 07601
  • Utilities Included
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Bergen Sterling
Studio to 2 Bedroom Apartments

Bergen Sterling

815-821 Red RdTeaneck, NJ 07666
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Beverly Gardens
1 to 3 Bedroom Apartments

Beverly Gardens

490 Beverly RdTeaneck, NJ 07666
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25 Fairmount Ave
Studio to 2 Bedroom Apartments

25 Fairmount Ave

25 Fairmount AveHackensack, NJ 07601
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River Terrace Gardens
1 to 3 Bedroom Apartments

River Terrace Gardens

144 Bogert RdRiver Edge, NJ 07661
Corporate Housing

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.

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Showing Results 1-50, Page 1 of 2

New Milford, NJ Local Guide

Cheapest Available New Milford Apartments for Rent

 

The cheapest available apartment rental in New Milford, NJ is a 1 Bed unit found at Saint James Apartments in the Northwest Teaneck neighborhood priced from $1,500. River Terrace Gardens in the Northwest Teaneck neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,635. Here is today’s list of the most affordable New Milford apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Saint James ApartmentsSt. James 1 BDRM Third floor1BR,1BA$1,500
River Terrace GardensRTG-1b1a1BR,1BA$1,635
Brookchester ApartmentsStudioStudio,1BA$1,665
Fairleigh ArmsS1Studio,1BA$1,695
107 Ross Ave1 Bed - 1 Bath1BR,1BA$1,695
New Milford Estates2 Room Studio/Eff1BR,1BA$1,695
Grovefield Apartments3 Room 1 Bedroom1BR,1BA$1,795
Temple ApartmentsA11BR,1BA$1,850
Cadillac Manor1-1 (565 en suite)1BR,1BA$1,895
Clinton Arms1BR/1BA1BR,1BA$1,895

Best Value Apartments for Rent in New Milford, NJ

As of May 24, 2026 the best value apartment in the New Milford area is the $2.71 price per square foot 2-2 (1234) Model at The Atrium @ Anderson Station in the in the Teaneck Riverftont neighborhood starting from $3,350. The second greatest value New Milford apartment is the A12 Model at Linden House starting at $2,610 with a $2.80 price per square foot in the Teaneck Riverftont 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.
The Atrium @ Anderson Station2-2 (1234)2BR,2BA$2.71
Linden HouseA122BR,1BA$2.80
River Terrace GardensRTG-2b1b2BR,1BA$2.72
Oak Terrace2BR/1BA2BR,1BA$2.87
Saint James ApartmentsSt. James 1 BDRM Third floor1BR,1BA$1.76
The Carlyle524-1x1B1BR,1BA$2.72
211 Johnson Ave Apartments1 Bedroom1BR,1BA$2.63
107 Ross Ave1 Bed - 1 Bath1BR,1BA$2.26
Briarwood Commons1 BR/ 1 BA1BR,1BA$2.75
Fairleigh ArmsS1Studio ,1BA$2.51

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.

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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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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, NJ Rentals by Map

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Frequently Asked Questions about Cheap New Milford Apartments

What is the Cheapest Studio apartment in New Milford?

Currently the most affordable Cheap Studio Apartment in New Milford is at Brookchester Apartments listed at $1,665.

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

The lowest price for a Cheap One Bedroom New Milford Apartment is $1,500 at Saint James 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 $1,995 at New Milford Estates.

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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.