Cheap Homes for Rent in New Milford, NJ from $1,800 (15 Rentals)
Search the lowest-cost Homes available for rent right now in New Milford.

280 Union St

566 North St

125 Clinton Park Dr
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.

27-55 Green St

80 3rd
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.

80 3rd Ave

31 Home Pl, Unit 31

40 Zabriskie St

208 Anderson St

213 Elm Ave
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.

211 Johnson Ave

185 James St

118 Atlantic St
New Milford, NJ Local Guide

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 | $2,565 | $2,200 | $3,500 |
New Milford 3 Bedroom Homes for Rent | $4,492 | $2,600 | $6,500 |
New Milford 4 Bedroom Homes for Rent | $6,279 | $3,750 | $10,000+ |
New Milford 5 Bedroom Homes for Rent | $10,358 | $3,150 | $10,000+ |
Browse Top Homes for Rent in New Milford
Explore New Milford
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 Studio unit found at Brookchester Apartments in the Northeast Teaneck neighborhood priced from $1,665. Courtyard at Prospect in the Northwest Teaneck neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,695. Here is today’s list of the most affordable New Milford apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Brookchester Apartments | Studio | Studio,1BA | $1,665 |
Courtyard at Prospect | 3 Room 1 Bedroom | 1BR,1BA | $1,695 |
New Milford Estates | 3 Room 1 Bedroom | 1BR,1BA | $1,750 |
34 State St | Studio | Studio,1BA | $1,795 |
Grovefield Apartments | 3 Room 1 Bedroom | 1BR,1BA | $1,795 |
Best Value Apartments for Rent in New Milford, NJ and Nearby
As of July 23, 2025 the best value apartment in the New Milford area is the $2.63 price per square foot 2-2 (1234) Model at The Atrium @ Anderson Station in the in the Teaneck Riverftont neighborhood starting from $3,250. The second greatest value New Milford apartment is the One Bedroom Model at River Commons starting at $3,150 with a $2.65 price per square foot in the Northwest Teaneck 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 | $2.63 |
River Commons | One Bedroom | 1BR,2BA | $2.65 |
505 KinderKamack | B1 | 2BR,1BA | $2.95 |
The Carlyle | 524-2x2A | 2BR,2BA | $2.51 |
75 Anderson St, Unit 3 | 75 Anderson St | 1BR,1BA | $2.21 |
River Terrace Gardens | RTG-2b1b | 2BR,1BA | $2.72 |
10 McKinley Ave, Unit #4 | 10 McKinley Ave | 1BR,1BA | $2.31 |
Oak Terrace | 1BR/1BA | 1BR,1BA | $2.68 |
Linden House | 1 Bedroom | 1BR,1BA | $2.80 |
Courtyard at Prospect | 4 Room 2 Bedroom | 2BR,1BA | $3.14 |
Quick Rent Budget Calculator
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Frequently Asked Questions about New Milford
What type of rentals are currently available in New Milford?
There are currently 172 Apartments for Rent in New Milford, NJ with pricing that ranges from $1,549 to $11,671. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Milford ranging from $1,850 to $35,000.
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 $35,000 with an average monthly rent of $5,192.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.