Last updated on June 18, 2026

Average rent in
Millburn, NJ

Median rent

Median rent in Millburn

$3,800/mo

decreased by3%

vs previous year

The average rent in Millburn is $3,800 per month as of June 2026. This is 95% above the national average rent, or $1,850 more per month.

$8.73

average price per square foot

Total rentals

Available rentals in Millburn

21

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Millburn rentals at each price point

35%26%18%9%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Millburn, NJ

Average rent prices in Millburn have increased by 14% over the last month and have decreased by 3% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Millburn, NJ

Rent prices in Millburn vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Millburn is $2,950, whereas a house costs $4,650. 1-bedroom apartments in Millburn run $1,975 on average, while 2-bedroom apartments are $2,700.

Listings

Studio

$1,600

-

-

1 bedroom

$2,533

3%

25%

2 bedroom

$2,700

4%

No Change

3 bedroom

$3,732

4%

7%

4 bedroom

$7,100

6%

58%

Studio

Average rent

$1,600

1 bedroom

Average rent

$2,533

Last 30 days

3%

Last year

25%

2 bedroom

Average rent

$2,700

Last 30 days

4%

3 bedroom

Average rent

$3,732

Last 30 days

4%

Last year

7%

4 bedroom

Average rent

$7,100

Last 30 days

6%

Last year

58%

The table above reflects average rent prices in Millburn, NJ, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Millburn, NJ compare to other cities?

Compare median rent prices in Millburn and Caldwell by all bedroom counts and property types.

Millburn

Median rent price$3,800
increased by95%

higher than the national median

Median rent price$2,100
increased by8%

higher than the national median

Takeaway

The median rent for all rentals in Millburn, NJ is 81% higher than the median rent in Caldwell, NJ.

Discover rentals in Millburn, NJ

19 Rosedale Ave #2 - Photo 1 of 1

5d+ ago

Apartment for rent in Millburn

3 or More Stories - Millburn Twp., NJ

19 Rosedale Ave #2, Millburn, NJ 07041

2 beds

1 bath

$2,500

Apartment for rent

176 Millburn Ave #29 - Photo 1 of 1

5d+ ago

Condo for rent in Millburn

Condo Complex, One Floor Unit - Millburn Twp., NJ

176 Millburn Ave #29, Millburn, NJ 07041

2 beds

1 bath

$2,580

Condo for rent

176 Millburn Ave #22 - Photo 1 of 1

5d+ ago

Condo for rent in Millburn

Multi Floor Unit - Millburn Twp., NJ

176 Millburn Ave #22, Millburn, NJ 07041

2 beds

1 bath

$2,600

Condo for rent

25 Spring St #A - Photo 1 of 1

5d+ ago

Apartment for rent in Millburn

3 beds

3 baths

$4,200

Apartment for rent

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Millburn, NJ

Quick answers to common questions about the Millburn rental market.

How much is rent in Millburn?

The average rent in Millburn is $3,800 per month as of June 13, 2026.

Is rent up or down in Millburn?

Average rent prices in Millburn have increased by 14% over the last month and have decreased by 3% since last year.

How does Millburn rent compare to the national average?

Rent in Millburn is 95% above the national average, which means renters are paying approximately $1,850 more per month.

What salary do I need to afford rent in Millburn?

To comfortably afford rent in Millburn, you'd need to earn approximately $152,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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