
Cheap Apartments for Rent in New Milford, NJ from $900 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in New Milford.


Brookchester Apartments

Saint James Apartments

Courtyard at Prospect

Grovefield Apartments

1 Murray Hill Terrace
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

140 W Englewood Ave

Briarwood Commons

Cadillac Manor

Ivy Lane Apartments

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

Clinton Arms

Merritt Associates

Omni Apartments

100 Van Buskirk Rd, Unit #4

The Forte

River Terrace Gardens
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.
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 | $2,139 | $1,665 | $2,800 |
| Cheap New Milford 1 Bedroom Apartments | $2,415 | $1,500 | $3,715 |
| Cheap New Milford 2 Bedroom Apartments | $3,242 | $1,995 | $4,850 |
| Cheap New Milford 3 Bedroom Apartments | $4,467 | $1,995 | $10,000+ |
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 20 W Church St in the Northwest Teaneck neighborhood priced from $1,375. 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 |
|---|---|---|---|
| 20 W Church St | 1 Bed, 1 bath | 1BR,1BA | $1,375 |
| Saint James Apartments | St. James 1 BDRM Third floor | 1BR,1BA | $1,500 |
| Brookchester Apartments | Studio | Studio,1BA | $1,665 |
| New Milford Estates | 3 Room 1 Bedroom | 1BR,1BA | $1,695 |
| 1 Murray Hill Terrace | 1BR/1.0BA | 1BR,1BA | $1,750 |
| Briarwood Commons | 1 BR/ 1 BA | 1BR,1BA | $1,875 |
| 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 January 02, 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 2-2 (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 |
| Gibraltar Towers | 2 Bedroom | 2BR,1BA | $2.45 |
| Saint James Apartments | St. James 1 BDRM Third floor | 1BR,1BA | $1.76 |
| Linden House | A7 | 1BR,1BA | $2.42 |
| 50 Anderson St, Unit E8 | 50 Anderson St | 1BR,1BA | $2.24 |
| 10 McKinley Ave, Unit #4 | 10 McKinley Ave | 1BR,1BA | $2.31 |
| 28 Reid Ave, Unit 2 | 28 Reid Ave | 1BR,1BA | $2.38 |
| 20 W Church St | 1 Bed, 1 bath | 1BR,1BA | $1.83 |
| Briarwood Commons | 1 BR/ 1 BA | 1BR,1BA | $2.59 |
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 $1,375 at 20 W Church St.
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.
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
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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!

























