How much is a 2-bedroom apartment in New Milford Borough, NJ?

Name: Rent by bedrooms in New Milford Borough, NJ, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

In New Milford Borough, NJ, the median gross rent for a two-bedroom home is $1,819 (±$103) a month (2020–2024 American Community Survey, table B25031).

A one-bedroom home rents for a median of $1,702 (±$40).

A three-bedroom home rents for a median of $2,961 (±$1,112).

HUD’s fiscal year 2027 Fair Market Rent for a two-bedroom home in the Bergen-Passaic, NJ HUD Metro FMR Area is $2,282.

Figures last updated on November 12, 2026.

Studio: $1,491 (±$386)
1 bedroom: $1,702 (±$40)
2 bedrooms: $1,819 (±$103)
3 bedrooms: $2,961 (±$1,112)

Rent by bedroom count in New Milford Borough

Median gross rent by number of bedrooms, estimate (90% margin of error)
	New Milford Borough	Bergen County	New Jersey	United States
Studio	$1,491 (±$386)	$1,638 (±$69)	$1,363 (±$30)	$1,248
1 bedroom	$1,702 (±$40)	$1,698 (±$22)	$1,465 (±$9)	$1,235
2 bedrooms	$1,819 (±$103)	$2,014 (±$48)	$1,804 (±$9)	$1,407
3 bedrooms	$2,961 (±$1,112)	$2,431 (±$65)	$2,037 (±$18)	$1,584

A median for a bedroom size is published only where enough renting households of that size were surveyed; a dash means the Census Bureau did not publish one.

Census rents against HUD’s Fair Market Rent, fiscal year 2027

Dollars a month; the Fair Market Rent is for the Bergen-Passaic, NJ HUD Metro FMR Area
	Census median, this place	HUD Fair Market Rent
1 bedroom	$1,702 (±$40)	$1,987
2 bedrooms	$1,819 (±$103)	$2,282
3 bedrooms	$2,961 (±$1,112)	$2,771

A Fair Market Rent is HUD’s estimate of the gross rent of a modest rental home across the whole HUD area, set for the voucher program; the Census median is what renting households in this place reported paying.

The two answer different questions and are not expected to match.

Median gross rent, 2 bedrooms in places near New Milford Borough

Nearest places with a published estimate, compared with New Milford Borough
Place	Distance	Median gross rent, 2 bedrooms	Compared with this place
New Milford Borough	—	$1,819 (±$103)	—
River Edge Borough	1.1 mi	$2,246 (±$59)	Higher
Bergenfield Borough	1.4 mi	$1,855 (±$202)	Not measurably different
Dumont Borough	1.6 mi	$2,066 (±$268)	Not measurably different
Oradell Borough	1.7 mi	$2,750 (±$1,112)	Not measurably different
Paramus Borough	2.8 mi	$1,708 (±$981)	Not measurably different
Emerson Borough	2.8 mi	$3,500 or more	—
Teaneck Township	3.1 mi	$1,995 (±$188)	Not measurably different
Maywood Borough	3.2 mi	$2,153 (±$112)	Higher

Nearby places with a measurably higher figure: River Edge Borough, NJ ($2,246), Maywood Borough, NJ ($2,153).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent, 2 bedrooms across Bergen County, place by place

Rank	Place	Median gross rent, 2 bedrooms
42	Elmwood Park Borough	$1,928 (±$133)
43	Englewood	$1,923 (±$211)
44	Montvale Borough	$1,879 (±$284)
45	Lyndhurst Township	$1,871 (±$191)
46	Bergenfield Borough	$1,855 (±$202)
47	South Hackensack Township	$1,823 (±$94)
48	New Milford Borough	$1,819 (±$103)
49	North Arlington Borough	$1,806 (±$56)
50	Wallington Borough	$1,803 (±$130)
51	Closter Borough	$1,783 (±$299)
52	Hasbrouck Heights Borough	$1,775 (±$39)
53	Lodi Borough	$1,760 (±$63)
54	Norwood Borough	$1,731 (±$498)

Showing 13 of 62 places in Bergen County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

What you can do on Seayora in New Milford Borough

One account for renting, owning, managing and fixing homes, with these figures beside you.

Looking for a place to rent?

Browse homes for rent near New Milford Borough, save the ones you like and apply online.

Browse rentals · Create a renter account

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for New Milford Borough beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near New Milford Borough, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about New Milford Borough

How much is a one-bedroom apartment in New Milford Borough?

The median gross rent for a one-bedroom home in New Milford Borough, NJ is $1,702 (±$40) a month (2020–2024 American Community Survey).

How much is a two-bedroom apartment in New Milford Borough?

The median gross rent for a two-bedroom home in New Milford Borough, NJ is $1,819 (±$103) a month (2020–2024 American Community Survey).

How much does a three-bedroom rental cost in New Milford Borough?

The median gross rent for a three-bedroom home in New Milford Borough, NJ is $2,961 (±$1,112) a month (2020–2024 American Community Survey).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year detailed tables (acs/acs5) for New Milford borough, Bergen County, New Jersey (county subdivision:51660, in state:34 county:003).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

B25031_002E, B25031_002M, B25031_003E, B25031_003M, B25031_004E, B25031_004M, B25031_005E, B25031_005M, B25031_006E, B25031_006M, B25031_007E, B25031_007M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.