
Cheap Apartments for Rent in New Milford, NJ from $900 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in New Milford.


Brookchester Apartments

Dorchester Manor Apartments

Saint James Apartments

Courtyard at Prospect

Grovefield Apartments

850 Main 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.

975-995-995 Teaneck Rd

Clinton Arms

Cadillac Manor

Ivy Lane Apartments
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.

Omni Apartments

Merritt Associates

The Forte

Linden House

Briarwood Commons
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.
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.
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.
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 | $2,130 | $1,665 | $2,800 |
| Cheap New Milford 1 Bedroom Apartments | $2,448 | $1,500 | $3,715 |
| Cheap New Milford 2 Bedroom Apartments | $3,251 | $2,000 | $4,830 |
| Cheap New Milford 3 Bedroom Apartments | $4,074 | $1,995 | $10,000+ |
| Cheap New Milford 4 Bedroom Apartments | $4,800 | $4,800 | $4,800 |
Browse Top Apartments in New Milford
See all Apartments in New MilfordExplore New Milford
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 Saint James Apartments in the Northeast Teaneck neighborhood priced from $1,500. Grovefield Apartments in the Northeast Teaneck neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,650. Here is today’s list of the most affordable New Milford apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Saint James Apartments | St. James 1 BDRM Third floor | 1BR,1BA | $1,500 |
| Grovefield Apartments | 3 Room 1 Bedroom | 1BR,1BA | $1,650 |
| Brookchester Apartments | Studio | Studio,1BA | $1,665 |
| New Milford Estates | 3 Room 1 Bedroom | 1BR,1BA | $1,750 |
| 1 Murray Hill Terrace | 1BR/1.0BA | 1BR,1BA | $1,750 |
| Clinton Arms | 1BR/1BA | 1BR,1BA | $1,895 |
| Ivy Lane Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,895 |
| Cadillac Manor | 0-1 (375) | Studio,1BA | $1,895 |
Best Value Apartments for Rent in New Milford, NJ
As of December 05, 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 2-2 (1155) 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 | 2-2 (1155) | 2BR,2BA | $2.59 |
| The Carlyle | 524-2x2A | 2BR,2BA | $2.66 |
| Saint James Apartments | St. James 1 BDRM Third floor | 1BR,1BA | $1.76 |
| 829 Main St, Unit 2nd Floor | 829 Main St | 2BR,1BA | $2.71 |
| Linden House | A9 | 1BR,1BA | $2.73 |
| 50 Anderson St, Unit E8 | 50 Anderson St | 1BR,1BA | $2.24 |
| 10 McKinley Ave, Unit #4 | 10 McKinley Ave | 1BR,1BA | $2.31 |
| Oak Terrace | 1BR/1BA | 1BR,1BA | $2.54 |
| Dorchester Manor Apartments | 1 BEDROOM | 1BR,1BA | $2.72 |
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.
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 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
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 $1,500 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 $2,000 at Clinton Arms.
What is the most affordable New Milford Three Bedroom Apartment?
The best deal on a cheap New Milford Three Bedroom Apartment rental is at Ivy Lane Apartments and starts from $2,700.
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.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

























