
Cheap Apartments for Rent near New Milford, NY from $500 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in New Milford.


Monroe Commons

Devon Woods

Northgate Manor 55+

Hearthstone Apartments

Alpine Village

Wilson Manor

Pulaski
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Berkeley Square

Sutton Hill Apartments

Crestwood Apartments

Brookside Garden Apartments

Harriman Woods Apartments

Lamplight Village Apartments

Slatewood Apartments

Carriage Hill Apartments
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.

Boulder Hills at Wantage

Total Monthly Price
Country Manor Apartments

The Point at Sutton Hill

Woodbury Gardens

Boulder Pointe Apartments

The North Court Apartments.

Catherine Street

Middlecrest Crossing 55+ Senior Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

620 Jersey Ave

The 211 Luxury Lofts

Cottage Suites

2 Gunstock Dr

9 Poplar St

1 Scotts Way

103 Edgewood Ln

649 Lakes Rd
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.

Golf Links Apartments

1935 Union Valley Rd
New Milford, NY Local Guide

How much does it cost to rent an apartment in New Milford?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Milford Studio Apartments | $2,435 | $2,435 | $2,435 |
| New Milford 1 Bedroom Apartments | $2,201 | $515 | $3,248 |
| New Milford 2 Bedroom Apartments | $2,716 | $1,297 | $5,200 |
| New Milford 3 Bedroom Apartments | $2,962 | $2,800 | $3,125 |
Browse Top Apartments in New Milford
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New Milford, NY Local Guide
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Cheapest Available New Milford Apartments for Rent and Nearby
 The cheapest available apartment rental in New Milford, NY is a 1 Bed unit found at Devon Woods priced from $914. Hearthstone Apartments in the Glenview Hills At Florida neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,214. Here is today’s list of the most affordable New Milford apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Devon Woods | 2nd Fl 1br | 1BR,1BA | $914 |
| Hearthstone Apartments | 1 Bed / 1 Bath - 60% | 1BR,1BA | $1,214 |
| Wilson Manor | Small One Bedroom | 1BR,1BA | $1,550 |
| Sutton Hill Apartments | Sutton Hill Type 2 | 1BR,1BA | $1,730 |
| Crestwood Apartments | 1-Bedroom | 1BR,1BA | $1,750 |
| Slatewood Apartments | 1 Bed | 1BR,1BA | $1,850 |
| Country Manor Apartments | 1BR/1.0BA | 1BR,1BA | $1,875 |
| Carriage Hill Apartments | 1BR/ 1BA Deluxe | 1BR,1BA | $1,975 |
| Lamplight Village Apartments | 1 bedroom plus den 2nd floor | 2BR,1BA | $2,000 |
| Woodbury Gardens | Two Bedroom | 2BR,1BA | $2,100 |
Best Value Apartments for Rent in New Milford, NY and Nearby
As of August 19, 2026 the best value apartment in the New Milford area is the $2.04 price per square foot 8 Ridgefield Rd 101 Model at Mountain Ridge at Sussex in the in the Briar Crest at Crystal Springs neighborhood starting from $2,550. The second greatest value New Milford apartment is the Hampton Model at Sterling Parc at Middletown starting at $2,503 with a $2.22 price per square foot in the Middletown Goshen 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. |
|---|---|---|---|
| Mountain Ridge at Sussex | 8 Ridgefield Rd 101 | 2BR,2BA | $2.04 |
| Sterling Parc at Middletown | Hampton | 2BR,2BA | $2.22 |
| Boulder Pointe Apartments | 2 Bedrooms | 2 Bathrooms | 2BR,2BA | $2.56 |
| Woodbury Gardens | Two Bedroom | 2BR,1BA | $2.28 |
| Carriage Hill Apartments | 1BR/ 1BA Deluxe | 1BR,1BA | $2.27 |
| Lamplight Village Apartments | 1 bedroom plus den 2nd floor | 2BR,1BA | $2.56 |
| Slatewood Apartments | 1 Bed | 1BR,1BA | $2.39 |
| Crestwood Apartments | 1-Bedroom | 1BR,1BA | $2.37 |
| Devon Woods | 1st Fl 1br | 1BR,1BA | $1.47 |
| Hearthstone Apartments | 1 Bed / 1 Bath - 60% | 1BR,1BA | $2.02 |
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, NY Rentals by Map
See the most popular apartments and homes in New Milford, NY
Frequently Asked Questions about Cheap New Milford Apartments
How much is rent for a Cheap One Bedroom New Milford Apartment?
The lowest price for a Cheap One Bedroom New Milford Apartment is $914 at Devon Woods.
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 $1,850 at Sutton Hill 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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.