
Cheap Apartments for Rent in New Milford, NJ from $900 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in New Milford.


New Milford Estates

Courtyard at Prospect

The Walcott Hackensack

75 Anderson St, Unit #5

Saint James Apartments

Grovefield Apartments

818 Summit Ave

Continental Gardens
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.

Crossroads 389

Merritt Associates

Ivy Lane Apartments

The Forte

Clinton Arms

Oak Terrace
New Milford, NJ Local Guide

How much does it cost to rent an apartment in New Milford?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap New Milford Studio Apartments | $2,359 | $1,615 | $10,000+ |
Cheap New Milford 1 Bedroom Apartments | $2,540 | $1,549 | $8,689 |
Cheap New Milford 2 Bedroom Apartments | $3,535 | $2,000 | $10,000+ |
Cheap New Milford 3 Bedroom Apartments | $2,565 | $1,995 | $3,000 |
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New Milford, NJ Local Guide
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Cheapest Available New Milford Apartments for Rent
 The cheapest available apartment rental in New Milford, NJ is a Studio unit found at Brookchester Apartments in the Northeast Teaneck neighborhood priced from $1,615. New Milford Estates in the Northwest Teaneck neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,750. 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 | $1,615 |
New Milford Estates | 3 Room 1 Bedroom | 1BR,1BA | $1,750 |
Continental Gardens | One Bedroom | 1BR,1BA | $1,920 |
The Forte | Studio | Studio,1BA | $1,968 |
Cadillac Manor | 1-1 (590) | 1BR,1BA | $1,995 |
Clinton Arms | 1BR/1BA | 1BR,1BA | $1,995 |
Oak Terrace | 1BR/1BA | 1BR,1BA | $1,995 |
River Terrace Gardens | RTG-1b1b | 1BR,1BA | $2,025 |
Best Value Apartments for Rent in New Milford, NJ
As of April 24, 2025 the best value apartment in the New Milford area is the $2.65 price per square foot One Bedroom Model at River Commons in the in the Northwest Teaneck neighborhood starting from $3,150. The second greatest value New Milford apartment is the The Atrium @ Anderson Station: No Security Depo... Model at The Atrium @ Anderson Station starting at $2,995 with a $2.59 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. |
---|---|---|---|
River Commons | One Bedroom | 1BR,2BA | $2.65 |
The Atrium @ Anderson Station | The Atrium @ Anderson Station: No Security Depo... | 2BR,2BA | $2.59 |
The Carlyle | 524-2x2A | 2BR,2BA | $2.64 |
Linden House | 2 Bedroom A | 2BR,1BA | $2.74 |
River Terrace Gardens | RTG-2b1b | 2BR,1BA | $2.70 |
Hickory Manor: In-Unit Washer & Dryer | 1-1 (815) 115 | 1BR,1BA | $3.06 |
10 McKinley Ave, Unit #4 | 10 McKinley Ave | 1BR,1BA | $2.31 |
75 Anderson St, Unit #5 | 75 Anderson St | 1BR,1BA | $2.24 |
Oak Terrace | 1BR/1BA | 1BR,1BA | $2.68 |
Briarwood Commons | 1 BR/ 1 BA | 1BR,1BA | $2.89 |
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Getting Around New Milford, NJ
Walk Score®
69 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
47 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap New Milford Apartments
What is the Cheapest Studio apartment in New Milford?
Currently the most affordable Cheap Studio Apartment in New Milford is at Brookchester Apartments listed at $1,615.
How much is rent for a Cheap One Bedroom New Milford Apartment?
The lowest price for a Cheap One Bedroom New Milford Apartment is $1,750 at New Milford Estates.
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 $2,250 at Brookchester Apartments.
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.

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.

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.

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.

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.