Last updated on October 22, 2026

Average rent in
Milltown, NJ

Median rent

Median rent in Milltown

$2,898/mo

The average rent in Milltown is $2,898 per month as of October 2026. This is 53% above the national average rent, or $998 more per month.

$2.99

average price per square foot

Total rentals

Available rentals in Milltown

12

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Milltown rentals at each price point

60%45%30%15%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 Milltown, NJ, in the last 30 days, rent estimates may not represent the actual market.

Rent trends in Milltown, NJ

Average rent prices in Milltown have decreased by 34% over the last month.

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 $2,734, whereas a house costs $3,150. 1-bedroom apartments in Milltown run $2,424 on average, while 2-bedroom apartments are $3,003.

Listings

1 bedroom

$2,423

No Change

-

2 bedroom

$2,600

21%

-

3 bedroom

$3,400

19%

-

4 bedroom

$4,275

5%

-

1 bedroom

Average rent

$2,423

Last 30 days

No Change

2 bedroom

Average rent

$2,600

Last 30 days

21%

3 bedroom

Average rent

$3,400

Last 30 days

19%

4 bedroom

Average rent

$4,275

Last 30 days

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$2,898
increased by53%

higher than the national median

Median rent price$2,162
increased by14%

higher than the national median

Takeaway

The median rent for all rentals in Milltown, NJ is 34% higher than the median rent in Bound Brook, NJ.

Discover rentals in Milltown, NJ

31 Richter Ave #2 - Photo 1 of 1

5d+ ago

Apartment for rent in Milltown

Residential Lease, Milltown, NJ

31 Richter Ave #2, Milltown, NJ 08850

1 bed

1 bath

$1,850

111 S Main St - Photo 1 of 1

5d+ ago

Apartment for rent in Milltown

Residential Lease, Milltown, NJ

111 S Main St, Milltown, NJ 08850

1 bed

1 bath

$1,700

Milltown Apts LLC - Photo 1 of 1

5d+ ago

8.6

Very good

Milltown Apts LLC

19 Kuhlthau Ave, Milltown, NJ 08850

1 bed

1 bath

$1,685

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 $2,898 per month as of October 17, 2026.

Is rent up or down in Milltown?

Average rent prices in Milltown have decreased by 34% over the last month.

How does Milltown rent compare to the national average?

Rent in Milltown is 53% above the national average, which means renters are paying approximately $998 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 $116,000/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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