Average Rent in New Milford, NJ and Rent Price Trends

Rent trends in New Milford, NJ

Average rent prices in New Milford have remained the same over the last month and have decreased by 24% 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 $2,841, whereas a house costs $4,250. 1-bedroom apartments in New Milford run $2,621 on average, while 2-bedroom apartments are $2,500.


Studio	$2,130	14%	-
1 bedroom	$2,650	No Change	-
2 bedroom	$3,112	2%	7%
3 bedroom	$4,000	24%	2%
4 bedroom	$6,300	No Change	-


Apartments	$2,841	7%	No Change
Condos	$2,700	-	No Change
Houses	$4,250	No Change	No Change

Studio

Average rent

$2,130

Last 30 days

14%

1 bedroom

Average rent

$2,650

2 bedroom

Average rent

$3,112

Last 30 days

Last year

3 bedroom

Average rent

$4,000

Last 30 days

24%

Last year

4 bedroom

Average rent

$6,300

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$2,605

37%

higher than the national median

Median rent price$5,675

199%

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.

Average rent in nearby cities

Explore rent trends in neighboring markets

$5,675

$4,000

$4,500

$4,000

$4,247

$5,000

$4,647

$4,400

$3,121

Township Of Washington

$3,700

$2,900

$2,652

Discover rentals in New Milford, NJ

5d+ ago

Apartment for rent in New Milford

675 Columbia St, New Milford, NJ 07646

Studio

1 bath

$2,100

Stay up to date with rental market insights

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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 $2,605 per month as of September 26, 2026.

Is rent up or down in New Milford?

Average rent prices in New Milford have remained the same over the last month and have decreased by 24% since last year.

How does New Milford rent compare to the national average?

Rent in New Milford is 37% above the national average, which means renters are paying approximately $705 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 $104,000/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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