Rentometer, Inc. | Data as of 10/22/2025
New Milford, New Jersey, offers a vibrant rental market that blends suburban charm with easy access to the greater New York metropolitan area. The city’s well‑maintained streets and tree‑lined neighborhoods provide a welcoming backdrop for renters seeking both convenience and community. Popular areas such as the historic downtown district and the charming Riverfront section feature a mix of period homes and modern apartment complexes, making it easy to find a residence that matches a variety of lifestyles.
Prospective tenants can choose from a range of housing options, including spacious single‑family houses and contemporary apartment buildings. One‑bedroom apartments typically rent in the $1800s, while two‑bedroom units often fall within the $2200 range, reflecting the city’s balanced supply of comfortable, well‑located rentals. Many of these properties are situated near key amenities such as the Towne Center mall, convenient public transit stops, and green spaces like Memorial Park, providing residents with shopping, dining, and recreational opportunities just steps from their front doors.
New Milford’s strong rental market is supported by its excellent schools, low crime rates, and a thriving local economy anchored by small businesses and professional services. Whether you are a young professional commuting to nearby corporate hubs, a growing family looking for a safe neighborhood, or a retiree seeking a peaceful yet connected community, New Milford’s diverse housing stock and welcoming atmosphere make it an attractive destination for renters throughout New Jersey.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,865 | $1,825 | $1,775 - $1,995 | $1,775 - $1,995 |
| Apartment | 2 Bedroom | $2,291 | $2,275 | $2,250 - $2,350 | $2,250 - $2,350 |
In the current period, the average rent in New Milford was
$1,865 for 1 Bedroom, and
$2,292 for 2 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.