Average Rent in Millburn, NJ and Rent Price Trends

Rent price trends in
Millburn, NJ

Rent price trends

Rent prices for all bedroom counts and property types in Millburn, NJ have increased by 28% in the last month and have decreased by 23% in the last year.

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

Rent comparables in
Millburn, NJ
The monthly rent for an apartment in Millburn, NJ is $2,995. A 1-bedroom apartment in Millburn, NJ costs about $2,600 on average, while a 2-bedroom apartment is $3,000. Houses for rent in Millburn, NJ are more expensive, with an average monthly cost of $5,350.


1 bedroom	$2,600	No Change	-
2 bedroom	$2,825	11%	11%
3 bedroom	$5,500	18%	9%
4 bedroom	$6,500	36%	13%
Studio	$1,990	-	-


Apartments	$2,995	No Change	No Change
Condos	$2,700	15%	No Change
Houses	$5,350	24%	No Change

Studio

Average rent

$1,990

1 bedroom

Average rent

$2,600

2 bedroom

Average rent

$2,825

Last 30 days

11%

Last year

11%

3 bedroom

Average rent

$5,500

Last 30 days

18%

Last year

4 bedroom

Average rent

$6,500

Last 30 days

36%

Last year

13%

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.

Compare rent prices in Millburn, NJ to other cities

Median rent prices in Millburn, NJ for all bedroom counts and property types compared to Caldwell, NJ.

Millburn

Median rent price$3,450

81%

higher than the national median

Median rent price$2,500

32%

higher than the national median

Takeaway

The median rent for all rentals in Millburn, NJ is 38% higher than the median rent in Caldwell, NJ.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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