
Cheap Apartments for Rent in New Milford, NJ from $900 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in New Milford.


Brookchester Apartments

Dorchester Manor Apartments

1193 Overlook Ave, Unit A

Courtyard at Prospect

Grovefield Apartments

The Walcott Hackensack
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.

Saint James Apartments

38 River Edge Rd

Ivy Lane Apartments

Merritt Associates

The Forte

Continental Gardens

Oak Terrace
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.

Clinton Arms
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.
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
New Milford, NJ Local Guide

How much does it cost to rent an apartment in New Milford?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap New Milford Studio Apartments | $2,409 | $1,665 | $8,444 |
Cheap New Milford 1 Bedroom Apartments | $2,512 | $1,549 | $5,204 |
Cheap New Milford 2 Bedroom Apartments | $3,749 | $2,000 | $10,000+ |
Cheap New Milford 3 Bedroom Apartments | $4,264 | $1,995 | $10,000+ |
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New Milford, NJ Local Guide
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Cheapest Available New Milford Apartments for Rent
 The cheapest available apartment rental in New Milford, NJ is a 1 Bed unit found at Courtyard at Prospect in the Northwest Teaneck neighborhood priced from $1,549. Brookchester Apartments in the Northeast Teaneck neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,665. Here is today’s list of the most affordable New Milford apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Courtyard at Prospect | 2 Room Studio | 1BR,1BA | $1,549 |
Brookchester Apartments | Studio | Studio,1BA | $1,665 |
New Milford Estates | 3 Room 1 Bedroom | 1BR,1BA | $1,750 |
34 State St | Studio | Studio,1BA | $1,795 |
Grovefield Apartments | 3 Room 1 Bedroom | 1BR,1BA | $1,795 |
Ivy Lane Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,895 |
The Forte | Studio | Studio,1BA | $1,969 |
The Cornerstone | 1-1 | 1BR,1BA | $2,050 |
River Terrace Gardens | RTG-1b1b | 1BR,1BA | $2,050 |
Best Value Apartments for Rent in New Milford, NJ
As of July 30, 2025 the best value apartment in the New Milford area is the $2.63 price per square foot 2-2 (1234) Model at The Atrium @ Anderson Station in the in the Teaneck Riverftont neighborhood starting from $3,250. The second greatest value New Milford apartment is the One Bedroom Model at River Commons starting at $3,150 with a $2.65 price per square foot in the Northwest Teaneck 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. |
---|---|---|---|
The Atrium @ Anderson Station | 2-2 (1234) | 2BR,2BA | $2.63 |
River Commons | One Bedroom | 1BR,2BA | $2.65 |
505 KinderKamack | B1 | 2BR,1BA | $2.95 |
The Carlyle | 524-2x2A | 2BR,2BA | $2.51 |
75 Anderson St, Unit 3 | 75 Anderson St | 1BR,1BA | $2.21 |
River Terrace Gardens | RTG-2b1b | 2BR,1BA | $2.72 |
10 McKinley Ave, Unit #4 | 10 McKinley Ave | 1BR,1BA | $2.31 |
Merritt Associates | 3.5 Room 1 Bedroom | 1BR,1BA | $2.60 |
Ivy Lane Apartments | 2 Beds, 1 bath | 2BR,1BA | $3.14 |
New Milford Estates | 3 Room 1 Bedroom | 1BR,1BA | $3.18 |
Quick Rent Budget Calculator
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Getting Around New Milford, NJ
Walk Score®
69 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
47 / 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
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 $1,549 at Courtyard at Prospect.
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 $2,195 at Courtyard at Prospect.
What is the most affordable New Milford Three Bedroom Apartment?
The best deal on a cheap New Milford Three Bedroom Apartment rental is at Reveal Hackensack and starts from $4,730.
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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.