Last updated on October 31, 2026

Average rent in
Millburn, NJ

Median rent

Median rent in Millburn

$4,644/mo

increased by22%

vs previous year

The average rent in Millburn is $4,644 per month as of October 2026. This is 144% above the national average rent, or $2,744 more per month.

$6.56

average price per square foot

Total rentals

Available rentals in Millburn

12

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Millburn rentals at each price point

50%38%25%13%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Millburn, NJ, in the last 30 days, rent estimates may not represent the actual market.

Rent trends in Millburn, NJ

Average rent prices in Millburn have decreased by 3% over the last month and have increased by 22% 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 $3,609, whereas a house costs $4,750. 1-bedroom apartments in Millburn run $3,244 on average, while 2-bedroom apartments are $4,644.

Listings

Studio

$1,700

-

-

1 bedroom

$2,800

42%

41%

2 bedroom

$3,475

21%

7%

3 bedroom

$4,700

10%

24%

4 bedroom

$5,350

30%

11%

Studio

Average rent

$1,700

1 bedroom

Average rent

$2,800

Last 30 days

42%

Last year

41%

2 bedroom

Average rent

$3,475

Last 30 days

21%

Last year

7%

3 bedroom

Average rent

$4,700

Last 30 days

10%

Last year

24%

4 bedroom

Average rent

$5,350

Last 30 days

30%

Last year

11%

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$4,644
increased by144%

higher than the national median

Median rent price$3,589
increased by89%

higher than the national median

Takeaway

The median rent for all rentals in Millburn, NJ is 29% higher than the median rent in Caldwell, NJ.

Discover rentals in Millburn, NJ

52 Mechanic St - Photo 1 of 1

5d+ ago

Condo for rent in Millburn

Millburn Twp., NJ

52 Mechanic St, Millburn, NJ 07041

3 beds

1 bath

$3,200

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
90 Spring St #2 - Photo 1 of 1

5d+ ago

Apartment for rent in Millburn

Rental, Millburn Twp., NJ

90 Spring St #2, Millburn, NJ 07041

3 beds

2 baths

$3,500

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

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 $4,644 per month as of October 31, 2026.

Is rent up or down in Millburn?

Average rent prices in Millburn have decreased by 3% over the last month and have increased by 22% since last year.

How does Millburn rent compare to the national average?

Rent in Millburn is 144% above the national average, which means renters are paying approximately $2,744 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 $186,000/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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