
Cheap Apartments for Rent in New Milford, NJ from $900 (83 Rentals)
Search the lowest-cost Apartments available for rent right now in New Milford.


Brookchester Apartments

690 River Rd

Dorchester Manor Apartments

230 Milford Ave.

Courtyard at Prospect

Saint James Apartments

Total Monthly Price
67 N Washington Ave, Unit 3

66 N Washington Ave

34 State St
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.

River Edge Commons

1 Murray Hill Terrace

Continental Gardens

Grovefield Apartments

Clinton Arms

The Forte

Omni Apartments

Ivy Lane Apartments

Merritt Associates

Oak Terrace
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.

Briarwood Commons

712 Cedar Ln

Steuben Arms

Ora

Royal Court Apartments, LLC

17 W Englewood Ave

1480 Terrace Cir

Cadillac Manor

The Carlyle

5 Linden St
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.

Reveal Hackensack

Total Monthly Price
The Walcott Hackensack

Legion Manor

Carriage House

The Current On River

Liberty Gardens

The Jefferson

Washington Square at Hickory

Total Monthly Price
The Atrium @ Anderson Station

Total Monthly Price
Hickory Manor
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.

455 Main St

74 Clarendon Pl

Saron 1 Apartments

Madison Arms Apartments

The Newport

20 W Church St

Royal Court

The Eldorado

Bergen Sterling
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 | $2,258 | $1,665 | $2,760 |
| Cheap New Milford 1 Bedroom Apartments | $2,544 | $1,495 | $4,024 |
| Cheap New Milford 2 Bedroom Apartments | $3,326 | $1,995 | $6,085 |
| Cheap New Milford 3 Bedroom Apartments | $3,108 | $1,995 | $4,698 |
Browse Top Apartments in New Milford
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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 Teaneck Properties in the Teaneck Riverftont neighborhood priced from $1,460. Saint James Apartments in the Northwest Teaneck neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,500. Here is today’s list of the most affordable New Milford apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Teaneck Properties | 3 Room, 1 Bedroom | 1BR,1BA | $1,460 |
| Saint James Apartments | St. James 1 BDRM Third floor | 1BR,1BA | $1,500 |
| New Milford Estates | 2 Room Studio/Eff | 1BR,1BA | $1,625 |
| Brookchester Apartments | Studio | Studio,1BA | $1,665 |
| Rose Garden | A1 | 1BR,1BA | $1,700 |
| River Edge Commons | 1 Bed, 1 bath | 1BR,1BA | $1,825 |
| 1 Murray Hill Terrace | 1BR/1.0BA | 1BR,1BA | $1,850 |
| Temple Apartments | A1 | 1BR,1BA | $1,850 |
| Continental Gardens | One Bedroom | 1BR,1BA | $1,875 |
Best Value Apartments for Rent in New Milford, NJ
As of April 06, 2026 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 $3,250 with a $2.81 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 | $2.81 |
| Fairleigh Arms | A1 | 1BR,1BA | $2.15 |
| Linden House | A12 | 2BR,1BA | $2.80 |
| Saint James Apartments | St. James 1 BDRM Third floor | 1BR,1BA | $1.76 |
| River Terrace Gardens | RTG-1b1b | 1BR,1BA | $2.58 |
| Oak Terrace | 1BR/1BA | 1BR,1BA | $2.68 |
| Briarwood Commons | 1 BR/ 1 BA | 1BR,1BA | $2.75 |
| Dorchester Manor Apartments | 1 BEDROOM | 1BR,1BA | $2.72 |
| Rose Garden | A1 | 1BR,1BA | $2.46 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore New Milford, NJ Rentals by Map
See the most popular apartments and homes in New Milford, NJ
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 $1,460 at Teaneck Properties.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
