Apartments for Rent in New Milford, NJ

Prices and availability in New Milford, NJ were last updated on 24 Oct 2026.

The best apartments in New Milford, NJ are: New Milford Estates, Dorchester Manor Apartments and Milford Arms Apartments.

The average rent in New Milford, NJ is $1,936.

The price range for a 1-bedroom apartment in New Milford, NJ is between $1,625 and $2,185.

The price range for a 2-bedroom apartment in New Milford, NJ is between $1,995 and $2,195.

In New Milford, 39% of the residents are renting compared to 61% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 13% of New Milford's rentals, 80% are small-scale complexes with under 50 units, and 7% are single-family rentals.

The average age of rental buildings in New Milford is 68 years old, with none being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 2 stories, of which all are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Rental apartments in New Milford come in a range of sizes and floorplans. Studio apartments represent 7% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 65% of the total apartments in the city, while 2-bedroom floorplans represent around 27% of all rentals in New Milford. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.