Last updated on July 23, 2026

Average rent in
Milltown, NJ

Median rent

Median rent in Milltown

$2,350/mo

decreased by4%

vs previous year

The average rent in Milltown is $2,350 per month as of July 2026. This is 21% above the national average rent, or $405 more per month.

$2.73

average price per square foot

Total rentals

Available rentals in Milltown

19

for rent on Zumper.com as of July 2026

Rent price distribution

Share of Milltown rentals at each price point

75%56%38%19%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Milltown, NJ

Average rent prices in Milltown have decreased by 4% over the last month and have decreased by 4% 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 Milltown, NJ

Rent prices in Milltown vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Milltown is $2,422, whereas a house costs $3,375. 1-bedroom apartments in Milltown run $1,715 on average, while 2-bedroom apartments are $2,450.

Listings

1 bedroom

$1,905

3%

-

2 bedroom

$2,495

4%

3%

3 bedroom

$3,250

1%

42%

4 bedroom

$3,650

7%

5%

1 bedroom

Average rent

$1,905

Last 30 days

3%

2 bedroom

Average rent

$2,495

Last 30 days

4%

Last year

3%

3 bedroom

Average rent

$3,250

Last 30 days

1%

Last year

42%

4 bedroom

Average rent

$3,650

Last 30 days

7%

Last year

5%

The table above reflects average rent prices in Milltown, 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 Milltown, NJ compare to other cities?

Compare median rent prices in Milltown and Bound Brook by all bedroom counts and property types.

Milltown

Median rent price$2,350
increased by21%

higher than the national median

Median rent price$2,150
increased by11%

higher than the national median

Takeaway

The median rent for all rentals in Milltown, NJ is 9% higher than the median rent in Bound Brook, NJ.

Discover rentals in Milltown, NJ

167169 N Main St - Photo 1 of 1

5d+ ago

Apartment for rent in Milltown

APARTMENT - Other - Milltown, NJ

167169 N Main St, Milltown, NJ 08850

3 beds

2 baths

$2,800

Apartment for rent

Stay up to date with rental market insights

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Frequently asked questions for Milltown, NJ

Quick answers to common questions about the Milltown rental market.

How much is rent in Milltown?

The average rent in Milltown is $2,350 per month as of July 18, 2026.

Is rent up or down in Milltown?

Average rent prices in Milltown have decreased by 4% over the last month and have decreased by 4% since last year.

How does Milltown rent compare to the national average?

Rent in Milltown is 21% above the national average, which means renters are paying approximately $405 more per month.

What salary do I need to afford rent in Milltown?

To comfortably afford rent in Milltown, you'd need to earn approximately $94,000/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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