Cheap Homes for Rent in New Milford, NJ from $1,700 (12 Rentals)

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

property at 272 Frances St

$2,000

Studio, 1 Bath Home for Rent

Available Now

272 Frances St

TeaneckNJ07666

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.

property at 51 E Main St

$2,345

Total Monthly Price

Total Monthly Price

Base Rent
$2,345

Total Monthly Price
$2,345

1 Bedroom, 1 Bath Condo for Rent

Available Now

51 E Main St, Unit 210

51 E Main St
BergenfieldNJ07621
property at 9-11 Passaic St

$2,365 - $2,985

1 Bedroom Rentals

Available Now

9-11 Passaic St

HackensackNJ07601

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.

New Milford, NJ Local Guide

Cheapest Available New Milford Apartments for Rent and Nearby

 

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 ListingModel NameBed/BathPriced From
Saint James ApartmentsSt. James 1 BDRM Third floor1BR,1BA$1,500
Brookchester ApartmentsStudioStudio,1BA$1,665
Briarwood Commons1 BR/ 1 BA1BR,1BA$1,695
Rose GardenA11BR,1BA$1,700
Temple ApartmentsA11BR,1BA$1,795

Best Value Apartments for Rent in New Milford, NJ and Nearby

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 ListingModel NameBed/BathPrice Per Sq.Ft.
River CommonsOne Bedroom1BR,2BA$2.65
Gibraltar Towers2 Bedroom2BR,1BA$2.23
445 Ryeside Ave, Unit 2nd floor445 Ryeside Ave3BR,1BA$2.50
Oak Terrace2BR/1BA2BR,1BA$2.69
Saint James ApartmentsSt. James 1 BDRM Third floor1BR,1BA$1.76
10 McKinley Ave, Unit #410 McKinley Ave1BR,1BA$2.31
The Carlyle524-1x1A1BR,1BA$2.75
Merritt Associates3.5 Room 1 Bedroom1BR,1BA$2.60
Rose GardenA11BR,1BA$2.46
41 River Edge Rd, Unit Studio 1G41 River Edge RdStudio ,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.

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

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Frequently Asked Questions about New Milford

What type of rentals are currently available in New Milford?

There are currently 182 Apartments for Rent in New Milford, NJ with pricing that ranges from $1,500 to $4,830. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Milford ranging from $1,700 to $25,000.

What is the current price range for Rental Homes in New Milford?

Today's rental pricing for Homes for Rent, Condos and Townhomes in New Milford ranges from $1,700 to $25,000 with an average monthly rent of $5,301.

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

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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.

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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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

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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.