Last updated on November 15, 2026

Average rent in
New Milford, NJ

Median rent

Median rent in New Milford

$2,854/mo

increased by6%

vs previous year

The average rent in New Milford is $2,854 per month as of November 2026. This is 50% above the national average rent, or $954 more per month.

$4.12

average price per square foot

Total rentals

Available rentals in New Milford

12

for rent on Zumper.com as of November 2026

Rent price distribution

Share of New Milford rentals at each price point

45%34%23%11%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 8% over the last month and have increased by 6% 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 $2,916, whereas a house costs $4,775. 1-bedroom apartments in New Milford run $2,479 on average, while 2-bedroom apartments are $3,104.

Listings

Studio

$2,047

No Change

6%

1 bedroom

$2,250

No Change

1%

2 bedroom

$3,016

27%

12%

3 bedroom

$3,600

26%

21%

4 bedroom

$4,775

No Change

5%

Studio

Average rent

$2,047

Last year

6%

1 bedroom

Average rent

$2,250

Last year

1%

2 bedroom

Average rent

$3,016

Last 30 days

27%

Last year

12%

3 bedroom

Average rent

$3,600

Last 30 days

26%

Last year

21%

4 bedroom

Average rent

$4,775

Last year

5%

At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in New Milford, NJ.

Apartments

Average rent

$2,916

Last 30 days

33%

Last year

4%

Condos

Average rent

$2,637

Houses

Average rent

$4,775

Last 30 days

18%

Last year

1%

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$2,854
increased by50%

higher than the national median

Median rent price$5,375
increased by183%

higher than the national median

Takeaway

The median rent for all rentals in New Milford, NJ is 47% lower than the median rent in Cresskill, NJ.

Discover rentals in New Milford, NJ

152 Washington Ave #A - Photo 1 of 1

5d+ ago

Apartment for rent in New Milford

Rentals/Res, Duplex, New Milford, NJ

152 Washington Ave #A, New Milford, NJ 07646

2 beds

1 bath

$2,500

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
346 Trensch Dr - Photo 1 of 1

5d+ ago

House for rent in New Milford

Rentals/Res, Ranch, New Milford, NJ

346 Trensch Dr, New Milford, NJ 07646

2 beds

2 baths

$3,850

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
346 Trensch Dr - Photo 1 of 1

5d+ ago

House for rent in New Milford

Rentals/Res, Ranch, New Milford, NJ

346 Trensch Dr, New Milford, NJ 07646

2 beds

2 baths

$3,850

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
346 Trensch Dr - Photo 1 of 1

5d+ ago

House for rent in New Milford

Rentals/Res, Ranch, New Milford, NJ

346 Trensch Dr, New Milford, NJ 07646

2 beds

2 baths

$3,850

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
379 Leonard Dr - Photo 1 of 1

5d+ ago

House for rent in New Milford

Rentals/Res, Splt Lvl, New Milford, NJ

379 Leonard Dr, New Milford, NJ 07646

4 beds

2.5 baths

$5,950

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
152 Washington Ave #A - Photo 1 of 1

5d+ ago

Apartment for rent in New Milford

Rentals/Res, Duplex, New Milford, NJ

152 Washington Ave #A, New Milford, NJ 07646

2 beds

1 bath

$2,500

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
152 Washington Ave #A - Photo 1 of 1

5d+ ago

Apartment for rent in New Milford

Rentals/Res, Duplex, New Milford, NJ

152 Washington Ave #A, New Milford, NJ 07646

2 beds

1 bath

$2,500

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

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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 $2,854 per month as of November 14, 2026.

Is rent up or down in New Milford?

Average rent prices in New Milford have decreased by 8% over the last month and have increased by 6% since last year.

How does New Milford rent compare to the national average?

Rent in New Milford is 50% above the national average, which means renters are paying approximately $954 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.

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).