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$1,795Studio Apartments Available Now
34 State St, Unit 5C
34 State StTeaneck, NJ 07666
Cheap Homes for Rent in New Milford, NJ from $1,800 (10 Rentals)
Search the lowest-cost Homes available for rent right now in New Milford.
40 Linwood St
BergenfieldNJ07621
27-55-55 Green Ave
WestwoodNJ07675
28 Park Ave
DumontNJ07628
28 Park Ave, Unit 28 Park Ave, Dumont, NJ, Unit 28 Park Ave, Dumont, NJ
28 Park Ave
DumontNJ07628
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.
846 Williams Ave
TeaneckNJ07666
5 Linden 2H
HackensackNJ07601
25 Grand Ave, Unit 5th floor unit, Unit 5th floor unit
25 Grand Ave
HackensackNJ07601
5 Linden St, Unit 2E
5 Linden St
HackensackNJ07601
213 Elm Ave
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.
Showing Results 1-10, Page 1 of 1
New Milford, NJ Local Guide
New Bridge Landing Historic Site by Ken Lund is licensed under CC BY 2.0
How much does it cost to rent a home in New Milford?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Milford 2 Bedroom Homes for Rent | $3,009 | $2,300 | $3,650 |
| New Milford 3 Bedroom Homes for Rent | $4,062 | $3,100 | $4,700 |
| New Milford 4 Bedroom Homes for Rent | $6,271 | $3,850 | $10,000+ |
| New Milford 5 Bedroom Homes for Rent | $14,165 | $3,995 | $10,000+ |
| New Milford 6 Bedroom Homes for Rent | $8,500 | $8,500 | $8,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in New Milford
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New Milford, NJ Local Guide
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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 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 |
| New Milford Estates | 2 Room Studio/Eff | 1BR,1BA | $1,695 |
Best Value Apartments for Rent in New Milford, NJ and Nearby
As of May 22, 2026 the best value apartment in the New Milford area is the $2.71 price per square foot 2-2 (1234) Model at The Atrium @ Anderson Station in the in the Teaneck Riverftont neighborhood starting from $3,350. The second greatest value New Milford apartment is the A12 Model at Linden House starting at $2,610 with a $2.80 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. |
|---|---|---|---|
| The Atrium @ Anderson Station | 2-2 (1234) | 2BR,2BA | $2.71 |
| Linden House | A12 | 2BR,1BA | $2.80 |
| River Terrace Gardens | RTG-2b1b | 2BR,1BA | $2.72 |
| Oak Terrace | 2BR/1BA | 2BR,1BA | $2.87 |
| Saint James Apartments | St. James 1 BDRM Third floor | 1BR,1BA | $1.76 |
| The Carlyle | 524-1x1B | 1BR,1BA | $2.72 |
| 211 Johnson Ave Apartments | 1 Bedroom | 1BR,1BA | $2.63 |
| 107 Ross Ave | 1 Bed - 1 Bath | 1BR,1BA | $2.26 |
| Briarwood Commons | 1 BR/ 1 BA | 1BR,1BA | $2.75 |
| Fairleigh Arms | S1 | Studio ,1BA | $2.51 |
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 Article
Real 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.
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See the most popular apartments and homes in New Milford, NJ
Frequently Asked Questions about New Milford
What type of rentals are currently available in New Milford?
There are currently 177 Apartments for Rent in New Milford, NJ with pricing that ranges from $1,495 to $6,102. There are also 53 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Milford ranging from $1,850 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 $1,850 to $25,000 with an average monthly rent of $6,367.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.