Cheap Apartments for Rent in New Milford, NJ from $900 (39 Rentals)

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

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.

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.

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Saron 1 Apartments
Studio to 1 Bedroom Apartments

Saron 1 Apartments

805 Red RdTeaneck, NJ 07666
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The Newport
1 Bedroom Apartments

The Newport

350 Prospect AveHackensack, NJ 07601
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Royal Court
Studio to 2 Bedroom Apartments

Royal Court

5 Pangborn PlHackensack, NJ 07601
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The Eldorado
1 to 2 Bedroom Apartments

The Eldorado

240 Anderson StHackensack, NJ 07601
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Bergen Sterling
Studio to 2 Bedroom Apartments

Bergen Sterling

815-821 Red RdTeaneck, NJ 07666
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Rose Garden Apartments
Studio to 1 Bedroom Apartments

Rose Garden Apartments

401-407 Passaic StHackensack, NJ 07601
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Fairleigh Arms
Studio to 2 Bedroom Apartments

Fairleigh Arms

230 Anderson StHackensack, NJ 07601
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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.

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Windsor Apartments
1 to 3 Bedroom Apartments

Windsor Apartments

70 Anderson StHackensack, NJ 07601
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Beverly Gardens
1 to 3 Bedroom Apartments

Beverly Gardens

490 Beverly RdTeaneck, NJ 07666
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25 Fairmount Ave
Studio to 2 Bedroom Apartments

25 Fairmount Ave

25 Fairmount AveHackensack, NJ 07601
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30 Elm St
Studio to 3 Bedroom Apartments

30 Elm St

30 Elm StBergenfield, NJ 07621
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34 State St
Studio to 2 Bedroom Apartments

34 State St

34 State StTeaneck, NJ 07666
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Temple Ave Apartments
1 Bedroom Apartments

Temple Ave Apartments

54-78 Temple AveHackensack, NJ 07601
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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.

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Gibraltar Towers
1 to 2 Bedroom Apartments

Gibraltar Towers

40 Jefferson StHackensack, NJ 07601
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Liberty Gardens
1 to 3 Bedroom Apartments

Liberty Gardens

101 Liberty RdBergenfield, NJ 07621
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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 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 ListingModel NameBed/BathPriced From
Saint James ApartmentsSt. James 1 BDRM Third floor1BR,1BA$1,500
Grovefield Apartments3 Room 1 Bedroom1BR,1BA$1,650
Brookchester ApartmentsStudioStudio,1BA$1,665
New Milford Estates3 Room 1 Bedroom1BR,1BA$1,695
1 Murray Hill Terrace1BR/1.0BA1BR,1BA$1,850
Oak Terrace1BR/1BA1BR,1BA$1,895
Ivy Lane Apartments1 Bed, 1 bath1BR,1BA$1,895
Omni Apartments1 Bed, 1 bath1BR,1BA$1,950
The ForteStudioStudio,1BA$1,969

Best Value Apartments for Rent in New Milford, NJ

As of November 09, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
River CommonsOne Bedroom1BR,2BA$2.65
The Atrium @ Anderson Station2-2 (1155)2BR,2BA$2.59
505 KinderKamackB12BR,1BA$2.95
The Carlyle524-2x2A2BR,2BA$2.66
River Terrace GardensRTG-2b1a2BR,1BA$2.78
1504 W Terrace Cir, Unit 1504 Terrace Cir1504 W Terrace Cir1BR,1BA$2.81
Saint James ApartmentsSt. James 1 BDRM Third floor1BR,1BA$1.76
10 McKinley Ave, Unit #410 McKinley Ave1BR,1BA$2.31
Oak Terrace1BR/1BA1BR,1BA$2.54
Briarwood Commons1 BR/ 1 BA1BR,1BA$2.75

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The 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.

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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.

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

Explore New Milford, NJ Rentals by Map

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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

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.