New Milford, NJ Rental Market Trends
What is the average rent in New Milford?
The average rent for an apartment in New Milford is $1,936. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in New Milford, NJ
Last updated November 2024
| Average Rent | Average Apartment Size |
|---|---|
| $1,936 | 618 sq. ft. |
What is the average apartment size in New Milford?
The average size for a New Milford, NJ apartment is 618 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
New Milford, NJ apartment rent ranges
New Milford, NJ Occupied Housing Units
2,250 or 36% of the households in New Milford, NJ are renter-occupied while 3,920 or 64% are owner-occupied.
New Milford, NJ rent trends
How New Milford Compares to Other Cities
| State | Average Rent |
|---|---|
| Jersey Shore | $1,965 |
| Jersey City | $3,730 |
| Newark | $1,634 |
| East Orange | $1,769 |
| Bayonne | $2,558 |
| Hoboken | $4,453 |
| Elizabeth | $1,830 |
| Summit | $2,624 |
| Paterson | $1,659 |
| Blackwood | $1,607 |
| Fort Lee | $2,877 |
| Waldwick | $3,031 |
| Edgewater | $3,657 |
| Elmwood Park | $2,369 |
| Hasbrouck Heights | $1,812 |
| Lodi | $1,989 |
| Westwood | $2,716 |
| Bergenfield | $2,249 |
| Cresskill | $2,411 |
| Dumont | $2,355 |
| New Milford | $1,936 |
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