2425 Wesleyan Ave
RockfordIL61108
Cheap Homes for Rent in New Milford, IL from $700 (8 Rentals)
Search the lowest-cost Homes available for rent right now in New Milford.
2208 8th St
RockfordIL61104
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.
113 Jonquil Dr
Davis JunctionIL61020
4728 Trevor Cir
RockfordIL61109
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
124 Primrose Ln
Davis JunctionIL61020
104 Dayflower Cir
Davis JunctionIL61020
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
219 Adams St
RockfordIL61107
1412 Elm St
RockfordIL61102
Showing Results 1-8, Page 1 of 1
New Milford, IL Local Guide
Corn at the farmers market by Gemma Billings 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 | $1,263 | $899 | $2,000 |
| New Milford 3 Bedroom Homes for Rent | $1,702 | $1,250 | $2,500 |
| New Milford 4 Bedroom Homes for Rent | $1,749 | $1,350 | $2,450 |
| New Milford 5 Bedroom Homes for Rent | $1,800 | $1,800 | $1,800 |
Browse Top Homes for Rent in New Milford
Explore New Milford
New Milford, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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. Windsor Apartments in the North Rockford neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $600. Here is today’s list of the most affordable New Milford apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rockford Housing Authority | Park Terrace 2 Bed | 2BR,1BA | $480 |
| Windsor Apartments | 3 bedroom 2 bathroom | 3BR,2BA | $600 |
| Whitestone Manor Apartments | 1BR/1.0BA | 1BR,1BA | $650 |
Best Value Apartments for Rent in New Milford, IL and Nearby
As of May 14, 2025 the best value apartment in the New Milford area is the $0.79 price per square foot 3 bedroom 1.5 bath Model at Carlton Apartments in the in the North Rockford neighborhood starting from $1,100. The second greatest value New Milford apartment is the 3 Bedroom 2 Bath Model at Riverside Glen Apartments starting at $1,350 with a $1.27 price per square foot in the North Rock 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. |
|---|---|---|---|
| Carlton Apartments | 3 bedroom 1.5 bath | 3BR,1.5BA | $0.79 |
| Riverside Glen Apartments | 3 Bedroom 2 Bath | 3BR,2BA | $1.27 |
| Hampton Ridge | Two Bedroom One Bath | 2BR,1BA | $1.23 |
| Lakeland Apartments | 2br/1bth with Washer & Dryer | 2BR,1BA | $1.25 |
| Creekview Apartments | Newly Renovated 1BR | 1BR,1BA | $1.22 |
| Windsor Apartments | 1 bedroom 1 bathroom | 1BR,1BA | $0.87 |
| Immaculate Updated 1 & 2 Bedroom with 1 Bath | 1BR/1.0BA | 1BR,1BA | $1.10 |
| Roberts Court | 1 Bed, 1 bath | 1BR,1BA | $1.10 |
| Whitestone Manor Apartments | 1BR/1.0BA | 1BR,1BA | $1.24 |
| Rockford Housing Authority | Olesen Plaza 1 Bed | 1BR,1BA | $0.98 |
Quick 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.
Let everyone know!
Do you know the New Milford area?
If you’re an expert on all things New Milford, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Frequently Asked Questions about New Milford
What type of rentals are currently available in New Milford?
There are currently 63 Apartments for Rent in New Milford, IL with pricing that ranges from $480 to $3,150. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Milford ranging from $725 to $2,500.
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 $725 to $2,500 with an average monthly rent of $1,461.
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.
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.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.