
Cheap Apartments for Rent in New Milford, NJ from $900 (48 Rentals)
Search the lowest-cost Apartments available for rent right now in New Milford.


New Milford Estates

Dorchester Manor Apartments

Saint James Apartments

Courtyard at Prospect

67 N Washington Ave, Unit 3

Total Monthly Price
41 River Edge Rd, Unit Studio 1G

66 N Washington Ave

Briarwood Commons
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.

10 McKinley Ave, Unit #4

1 Murray Hill Terrace

Total Monthly Price
1648 Shelbourne St, Unit 2

100 Van Buskirk Rd

500 Alma Terrace

Clinton Arms

Cadillac Manor

Grovefield 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.

The Forte

Ivy Lane Apartments

Merritt Associates

100 Van Buskirk Rd

Omni Apartments

Oak Terrace

River Terrace Gardens

Saron 1 Apartments

Madison Arms Apartments
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.

The Newport

20 W Church St

Royal Court

The Eldorado

Bergen Sterling

211 Johnson Ave Apartments

Windsor Apartments

Beverly Gardens

Kent Apartments of Dumont
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.

25 Fairmount Ave

30 Elm St

Rose Garden

Temple Apartments

River Edge Commons

Garret J. Durie House Apartments

Maple Shade Apartments

The Cornerstone: Heat, Gas, Hot & Cold Water Included, Elevator, Cat & Dog Friendly

Magnolia Court Apartments
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.

Gibraltar Towers

Fairleigh Arms

Liberty Gardens
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 | $2,100 | $1,600 | $2,445 |
| Cheap New Milford 1 Bedroom Apartments | $2,456 | $1,500 | $3,715 |
| Cheap New Milford 2 Bedroom Apartments | $3,174 | $1,995 | $4,830 |
| Cheap New Milford 3 Bedroom Apartments | $3,201 | $1,995 | $4,564 |
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 Saint James Apartments in the Northwest Teaneck neighborhood priced from $1,500. Brookchester Apartments in the Northwest 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 |
|---|---|---|---|
| Saint James Apartments | St. James 1 BDRM Third floor | 1BR,1BA | $1,500 |
| Brookchester Apartments | Studio | Studio,1BA | $1,665 |
| Briarwood Commons | 1 BR/ 1 BA | 1BR,1BA | $1,695 |
| Rose Garden | A1 | 1BR,1BA | $1,700 |
| Temple Apartments | A1 | 1BR,1BA | $1,795 |
| 34 State St | Studio | Studio,1BA | $1,795 |
| River Edge Commons | 1 Bed, 1 bath | 1BR,1BA | $1,825 |
| 1 Murray Hill Terrace | 1BR/1.0BA | 1BR,1BA | $1,850 |
Best Value Apartments for Rent in New Milford, NJ
As of February 20, 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 2 Bedroom Model at Gibraltar Towers starting at $2,350 with a $2.23 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 |
| Gibraltar Towers | 2 Bedroom | 2BR,1BA | $2.23 |
| 445 Ryeside Ave, Unit 2nd floor | 445 Ryeside Ave | 3BR,1BA | $2.50 |
| Oak Terrace | 2BR/1BA | 2BR,1BA | $2.69 |
| Saint James Apartments | St. James 1 BDRM Third floor | 1BR,1BA | $1.76 |
| 10 McKinley Ave, Unit #4 | 10 McKinley Ave | 1BR,1BA | $2.31 |
| The Carlyle | 524-1x1A | 1BR,1BA | $2.75 |
| Merritt Associates | 3.5 Room 1 Bedroom | 1BR,1BA | $2.60 |
| Rose Garden | A1 | 1BR,1BA | $2.46 |
| 41 River Edge Rd, Unit Studio 1G | 41 River Edge Rd | Studio ,1BA | $2.67 |
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 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 $1,500 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 $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.
