Cheap Apartments for Rent in New Milford, NJ from $1,124 (75 Rentals)

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

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690 River Rd
1 Bedroom Apartments

690 River Rd

690 River RdNew Milford, NJ 07646
  • Smoke Free
property at 792 Kinderkamack Rd

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650
Total Monthly Price
$1,650

1 Bedroom, 1 Bath Condo for Rent

Available Now

792 Kinderkamack Rd, Unit 1

792 Kinderkamack Rd
River EdgeNJ07661

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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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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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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The Walcott Hackensack
Rent Specials
$2,256 - $4,936
Total Monthly Price

Total Monthly Price

Base Rent
$2,256 - $4,936
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Walcott Hackensack

435 Main StHackensack, NJ 07601
Corporate Housing
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Saron 1 Apartments
Studio to 1 Bedroom Apartments

Saron 1 Apartments

805 Red RdTeaneck, NJ 07666
  • Utilities Included
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The Newport
1 Bedroom Apartments

The Newport

350 Prospect AveHackensack, NJ 07601
  • Utilities Included
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Bergen Sterling
Studio to 2 Bedroom Apartments

Bergen Sterling

815-821 Red RdTeaneck, NJ 07666
  • Utilities Included

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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The Eldorado
1 to 2 Bedroom Apartments

The Eldorado

240 Anderson StHackensack, NJ 07601
  • Utilities Included
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Beverly Gardens
1 to 3 Bedroom Apartments

Beverly Gardens

490 Beverly RdTeaneck, NJ 07666
  • Utilities Included
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107 Ross Ave
1 Bedroom Apartments

107 Ross Ave

107 Ross AveHackensack, NJ 07601
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Windsor Apartments
1 to 3 Bedroom Apartments

Windsor Apartments

70 Anderson StHackensack, NJ 07601
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45 Linden
1 to 2 Bedroom Apartments

45 Linden

45-47 Linden StHackensack, NJ 07601
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Temple Apartments
1 Bedroom Apartments

Temple Apartments

54-78 Temple AveHackensack, NJ 07601
  • Utilities Included

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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New Milford, NJ Local Guide

Cheapest Available New Milford Apartments for Rent

 

The cheapest available apartment rental in New Milford, NJ is a 2 Beds unit found at Courtyard at Prospect in the Northwest Teaneck neighborhood priced from $1,426. The Johnson House in the Teaneck Riverftont neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,675. Here is today’s list of the most affordable New Milford apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Courtyard at Prospect4 Room 2 Bedroom2BR,1BA$1,426
The Johnson HouseStudioStudio,1BA$1,675
OM Bergenfield Apartments1BR/1.0BA1BR,1BA$1,700
Brookchester ApartmentsStudioStudio,1BA$1,720
Royal Court0BR/1.0BAStudio,1BA$1,750
45 Linden45 Linden - 071BR,1BA$1,750
New Milford Estates3 Room 1 Bedroom1BR,1BA$1,795
Saint James ApartmentsSt. James 1 BDRM 1ST FLOOR1BR,1BA$1,800
Grovefield Apartments3 Room 1 Bedroom1BR,1BA$1,825

Best Value Apartments for Rent in New Milford, NJ

As of August 22, 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 B2 Model at Fairleigh Arms starting at $2,395 with a $2.00 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
Fairleigh ArmsB22BR,1BA$2.00
Saint James ApartmentsSt. James 2 BDRM1BR,1BA$2.56
Royal Court Apartments, LLC1 Bedroom/1 Bath1BR,1BA$2.64
50 Anderson St, Unit A1150 Anderson St1BR,1BA$2.19
The Carlyle524-1x1A1BR,1BA$2.75
20 W Church St1 Bed, 1 bath1BR,1BA$2.46
Oak Terrace1BR/1BA1BR,1BA$2.68
Briarwood Commons1 BR/ 1 BA1BR,1BA$2.75
Courtyard at Prospect4 Room 2 Bedroom2BR,1BA$2.04

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

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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 The Johnson House listed at $1,675.

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

The lowest price for a Cheap One Bedroom New Milford Apartment is $1,700 at OM Bergenfield 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 $1,426 at Courtyard at Prospect.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.