
Cheap Apartments for Rent in New Milford, NJ from $900 (79 Rentals)
Search the lowest-cost Apartments available for rent right now in New Milford.


Brookchester Apartments

Dorchester Manor Apartments

152 Washington A

690 River Rd

Courtyard at Prospect

Saint James Apartments

107 Ross Ave

OM Bergenfield Apartments

Continental Gardens
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

500 Alma Terrace

38 River Edge Rd

Cadillac Manor

Clinton Arms

The Cornerstone

Royal Court

392 Washington 1A

Total Monthly Price
211 Johnson Ave Apartments

Ivy Lane Apartments

Merritt Associates
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.

The Forte

Omni Apartments

Briarwood Commons

Oak Terrace

Ora

Royal Court Apartments, LLC

25 Grand Ave, Unit 5th floor unit

Hickory Manor

Steuben Arms

The Carlyle
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.

5 Linden St, Unit 2E

Total Monthly Price
The Walcott Hackensack

Carriage House

925 Main St, Unit 10

300 STATE

386 Kinderkamack Rd

Legion Manor

The Current On River

31 Home Pl, Unit #1
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.

208 Anderson St, Unit S2F

Saron 1 Apartments

Madison Arms Apartments

The Newport

20 W Church St

The Eldorado

Bergen Sterling

Teaneck Properties

Beverly Gardens

Kent Apartments of Dumont
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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 | $2,260 | $1,695 | $2,709 |
| Cheap New Milford 1 Bedroom Apartments | $2,483 | $1,124 | $3,799 |
| Cheap New Milford 2 Bedroom Apartments | $3,494 | $1,426 | $5,946 |
| Cheap New Milford 3 Bedroom Apartments | $2,522 | $1,845 | $2,800 |
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 Northeast Teaneck neighborhood priced from $1,500. New Milford Estates in the Northeast Teaneck neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,625. 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 Second floor | 1BR,1BA | $1,500 |
| New Milford Estates | 2 Room Studio/Eff | 1BR,1BA | $1,625 |
| Brookchester Apartments | Studio | Studio,1BA | $1,695 |
| 107 Ross Ave | 1 Bed - 1 Bath | 1BR,1BA | $1,695 |
| OM Bergenfield Apartments | 1BR/1.0BA | 1BR,1BA | $1,700 |
| Temple Apartments | A1 | 1BR,1BA | $1,850 |
| Grovefield Apartments | 3 Room 1 Bedroom | 1BR,1BA | $1,850 |
| Royal Court | 1BR/1.0BA | 1BR,1BA | $1,900 |
| River Terrace Gardens | RTG-1b1a | 1BR,1BA | $1,950 |
| 1 Murray Hill Terrace | 1BR/1.0BA | 1BR,1BA | $1,950 |
Best Value Apartments for Rent in New Milford, NJ
As of July 08, 2026 the best value apartment in the New Milford area is the $2.24 price per square foot 2BR 2 BA Model at 1070 River Rd in the in the Northwest Teaneck neighborhood starting from $3,500. The second greatest value New Milford apartment is the 2-2 (1155) 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. |
|---|---|---|---|
| 1070 River Rd | 2BR 2 BA | 2BR,2BA | $2.24 |
| The Atrium @ Anderson Station | 2-2 (1155) | 2BR,2BA | $2.81 |
| The Carlyle | 524-2x2A | 2BR,2BA | $2.51 |
| 211 Johnson Ave Apartments | 2 Bed, 1.5 Bath | 2BR,1.5BA | $2.68 |
| Saint James Apartments | St. James 2 BDRM | 1BR,1BA | $2.44 |
| River Terrace Gardens | RTG-1b1b | 1BR,1BA | $2.81 |
| 107 Ross Ave | 1 Bed - 1 Bath | 1BR,1BA | $2.26 |
| Oak Terrace | 1BR/1BA | 1BR,1BA | $2.81 |
| Briarwood Commons | 1 BR/ 1 BA | 1BR,1BA | $2.90 |
| Temple Apartments | A1 | 1BR,1BA | $3.00 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 $1,695.
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 $2,275 at Brookchester Apartments.
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
