Cheap Apartments for Rent in New Milford, IL from $400 (35 Rentals)

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4003 9th St
2 Bedroom Apartments

4003 9th St

4003 9th StRockford, IL 61109
property at 2208 8th St

2208 8th St

RockfordIL61104
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One bedroom
1 Bedroom Apartments

One bedroom

177 Flintridge DrRockford, IL 61107
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Carthage Apartments
1 to 2 Bedroom Apartments

Carthage Apartments

4440 Carthage DrRockford, IL 61109
  • Utilities Included
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4471 Carthage Dr
2 Bedroom Apartments

4471 Carthage Dr

4471 Carthage DrRockford, IL 61109
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4703 Turner St
2 Bedroom Apartments

4703 Turner St

4703 Turner StRockford, IL 61107
  • Utilities Included

New Milford, IL Local Guide

Cheapest Available New Milford Apartments for Rent and Nearby

 

The cheapest available apartment rental in New Milford, IL is a 2 Beds unit found at Rockford Housing Authority in the Central Terrace neighborhood priced from $480. Millbrook Townhomes in the East Rockford neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $498. Here is today’s list of the most affordable New Milford apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rockford Housing AuthorityPark Terrace 2 Bed2BR,1BA$480
Millbrook TownhomesC2BR,2BA$498
Roberts Court1 Bed, 1 bath1BR,1BA$715
Immaculate Updated 1 Bedroom1BR/1.0BA1BR,1BA$850
Immaculate Updated 2 Bedroom with 1 Bath1BR/1.0BA1BR,1BA$875
Creekview ApartmentsNewly Renovated 1BR1BR,1BA$895
Riverside Terrace ApartmentsRiverside Terrace - 1 Bedroom1BR,1BA$895
Great Oaks ApartmentsPrimrose at Great Oaks1BR,1BA$898
The ArborsRemodeled One Bedroom Alpine with Patio1BR,1BA$899
Beacon Hill ApartmentsOrchid View1BR,1BA$918

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

As of April 22, 2025 the best value apartment in the New Milford area is the $0.88 price per square foot D Model at Millbrook Townhomes in the in the East Rockford neighborhood starting from $1,270. The second greatest value New Milford apartment is the The Sue Model at Rock Valley Apartments starting at $1,495 with a $1.37 price per square foot in the East Rockford 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.
Millbrook TownhomesD3BR,2.5BA$0.88
Rock Valley ApartmentsThe Sue2BR,2BA$1.37
Riverside Glen Apartments2 Bedroom 1.5 Bath2BR,1.5BA$1.01
Lakeland Apartments2br/1bth with Washer & Dryer2BR,1BA$1.22
Halsted Park ApartmentsNewly Remodeled 2 Bedroom2BR,1BA$1.35
Creekview ApartmentsNewly Renovated 1BR1BR,1BA$1.14
Immaculate Updated 2 Bedroom with 1 Bath1BR/1.0BA1BR,1BA$1.13
Immaculate Updated 1 Bedroom1BR/1.0BA1BR,1BA$1.13
Roberts Court1 Bed, 1 bath1BR,1BA$1.10
Rockford Housing AuthorityOlesen Plaza 1 Bed1BR,1BA$0.98

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Getting Around New Milford, IL

Walk Score®

9 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

26 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 $480 at Rockford Housing Authority.

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 $480 at Rockford Housing Authority.

What is the most affordable New Milford Three Bedroom Apartment?

The best deal on a cheap New Milford Three Bedroom Apartment rental is at Rock Valley Apartments and starts from $1,225.

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.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.