
Cheap Apartments for Rent in New Milford, NJ from $900 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in New Milford.


Brookchester Apartments

Courtyard at Prospect

Grovefield Apartments

The Walcott Hackensack

Saint James Apartments

Continental Gardens

38 River Edge Rd

Ivy Lane Apartments

Reveal Hackensack

The Forte

Clinton Arms
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 | $2,508 | $1,640 | $9,796 |
Cheap New Milford 1 Bedroom Apartments | $2,572 | $1,549 | $7,906 |
Cheap New Milford 2 Bedroom Apartments | $3,759 | $2,000 | $10,000+ |
Cheap New Milford 3 Bedroom Apartments | $3,876 | $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 $1,640. 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 | $1,640 |
Grovefield Apartments | 3 Room 1 Bedroom | 1BR,1BA | $1,695 |
34 State St | Studio | Studio,1BA | $1,795 |
New Milford Estates | 3 Room 1 Bedroom | 1BR,1BA | $1,825 |
Ivy Lane Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,895 |
The Forte | Studio | Studio,1BA | $1,969 |
The Carlyle | 524-1x1A | 1BR,1BA | $1,975 |
Oak Terrace | 1BR/1BA | 1BR,1BA | $1,995 |
The Cornerstone | 1-1 | 1BR,1BA | $2,050 |
Best Value Apartments for Rent in New Milford, NJ
As of June 28, 2025 the best value apartment in the New Milford area is the $2.65 price per square foot One Bedroom Model at River Commons in the in the Northwest Teaneck neighborhood starting from $3,150. The second greatest value New Milford apartment is the The Atrium @ Anderson Station: No Security Depo... Model at The Atrium @ Anderson Station starting at $2,995 with a $2.59 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
River Commons | One Bedroom | 1BR,2BA | $2.65 |
The Atrium @ Anderson Station | The Atrium @ Anderson Station: No Security Depo... | 2BR,2BA | $2.59 |
The Carlyle | 524-2x2A | 2BR,2BA | $2.66 |
River Terrace Gardens | RTG-2b1b | 2BR,1BA | $2.72 |
35 Pangborn Pl, Unit #2 | 35 Pangborn Pl | 2BR,1BA | $3.17 |
Oak Terrace | 1BR/1BA | 1BR,1BA | $2.68 |
Ivy Lane Apartments | 2 Beds, 1 bath | 2BR,1BA | $3.14 |
Linden House | 1 Bedroom | 1BR,1BA | $2.80 |
Ora | S6 | Studio ,1BA | $3.23 |
Grovefield Apartments | 3 Room 1 Bedroom | 1BR,1BA | $3.08 |
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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 $1,640.
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 $2,250 at Brookchester Apartments.
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.