Last updated on June 30, 2026

Average rent in
New Milford, NJ

Median rent

Median rent in New Milford

$2,848/mo

increased by44%

vs previous year

The average rent in New Milford is $2,848 per month as of June 2026. This is 46% above the national average rent, or $898 more per month.

$4.28

average price per square foot

Total rentals

Available rentals in New Milford

13

for rent on Zumper.com as of June 2026

Rent price distribution

Share of New Milford rentals at each price point

55%41%28%14%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 New Milford, NJ, in the last 30 days, rent estimates may not represent the actual market.

Rent trends in New Milford, NJ

Average rent prices in New Milford have decreased by 17% over the last month and have increased by 44% 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 New Milford, NJ

Rent prices in New Milford vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in New Milford is $2,700, whereas a house costs $4,500. 1-bedroom apartments in New Milford run $2,250 on average, while 2-bedroom apartments are $2,500.

Listings

Studio

$2,130

-

-

1 bedroom

$2,295

No Change

46%

2 bedroom

$3,445

3%

65%

3 bedroom

$4,600

5%

17%

4 bedroom

$4,790

4%

4%

Studio

Average rent

$2,130

1 bedroom

Average rent

$2,295

Last year

46%

2 bedroom

Average rent

$3,445

Last 30 days

3%

Last year

65%

3 bedroom

Average rent

$4,600

Last 30 days

5%

Last year

17%

4 bedroom

Average rent

$4,790

Last 30 days

4%

Last year

4%

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

Compare median rent prices in New Milford and Cresskill by all bedroom counts and property types.

New Milford

Median rent price$2,848
increased by46%

higher than the national median

Median rent price$6,250
increased by221%

higher than the national median

Takeaway

The median rent for all rentals in New Milford, NJ is 54% lower than the median rent in Cresskill, NJ.

Discover rentals in New Milford, NJ

66 Boulevard #2ndFL - Photo 1 of 1

5d+ ago

Apartment for rent in New Milford

MULTI_FAMILY - New Milford, NJ

66 Boulevard #2ndFL, New Milford, NJ 07646

3 beds

1.5 baths

$2,998

Apartment for rent

126 California Ave #A - Photo 1 of 1

5d+ ago

Townhouse for rent in New Milford

MULTI_FAMILY - New Milford, NJ

126 California Ave #A, New Milford, NJ 07646

4 beds

2 baths

$3,500

House 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 New Milford, NJ

Quick answers to common questions about the New Milford rental market.

How much is rent in New Milford?

The average rent in New Milford is $2,848 per month as of June 27, 2026.

Is rent up or down in New Milford?

Average rent prices in New Milford have decreased by 17% over the last month and have increased by 44% since last year.

How does New Milford rent compare to the national average?

Rent in New Milford is 46% above the national average, which means renters are paying approximately $898 more per month.

What salary do I need to afford rent in New Milford?

To comfortably afford rent in New Milford, you'd need to earn approximately $114,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in New Milford?

New Milford's rental market averages about 8 listings per month, so renters should be prepared to act quickly when suitable apartments become available. The limited inventory means timing is less about seasonal patterns and more about staying alert to new listings as they appear.

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).

Apartments for rent in Jersey City