Apartments for Rent in New Milford, NJ

Prices and availability in New Milford, NJ were last updated on 20 Sep 2026.

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

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 $2,185 and $2,375.

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.

Studio apartments in New Milford are around 7% of rentals, while 1-bedroom floor plans represent 65% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 27% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.