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New Milford, NJ

Area Guide

Avg Rent

$1,832

Population

16,934

Renter Mix

39% Rent

Relish suburban convenience in the Birthplace of Bergen County

Suburban Family-Friendly Welcoming

Located about 20 miles northwest of New York City, New Milford is a charming suburb with a small-town atmosphere. New Milford’s Main Street is teeming with an array of shops, eateries, convenience stores, and more in unassuming buildings surrounded by lush natural beauty.

Nestled alongside the Hackensack River, New Milford offers residents a broad range of options for outdoor recreation, from local community parks to the sprawling Van Saun County Park. New Milford is convenient to all kinds of retail delights at Westfield Garden State Plaza and the Outlets at Bergen Town Center in addition to a host of educational and cultural opportunities at nearby Fairleigh Dickinson University. Commuting to Manhattan and northern New Jersey business centers from New Milford is simple with access to Route 4, the Garden State Parkway, and NJ Transit’s Pascack Valley Line.

Demographics

Median Household Income

$98,059

Average: $128,428

Education

6,424

Residents Have a Degree

Job Market

9,486

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

43 Years

Largest Age Group

55-64 Years

Approximately 14% of Residents

Under 20

22%

Over 65

20%

Housing Distribution

New Milford has more homeowners than renters.

Renters
39%
Non-Renters
61%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
36%
Other Education
64%

Rent Trends

As of June 2026, the average apartment rent in New Milford, NJ is $1,717 for a studio, $1,832 for one bedroom, and $2,246 for two bedrooms. Apartment rent in New Milford has increased by 2.4% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,832/month
492 Sq Ft
See Rental Market Trends in New Milford, NJ

Getting Around

Moderately Walkable

Walkability

60 / 100

Limited Public Transit

Transit

30 / 100

Moderately Drivable

Drivability

60 / 100

Fairly Bikeable

Bikeability

40 / 100

Schools

Berkley Street Elementary School

Public

Grades PK-5

431 Students

Bertram F. Gibbs Elementary School

Public

Grades PK-5

491 Students

David E Owens Middle School

Public

Grades PK & 6-8

529 Students

New Milford High School

Public

Grades 9-12

588 Students

Points of Interest

Parks and Recreation

  • Bergen County Zoo
  • Van Saun County Park
  • Demarest Nature Center
  • Teaneck Creek Conservancy
  • Pascack Brook County Park

Airports

  • LaGuardia
  • Newark Liberty International

Top Apartments in New Milford

Search Nearby Rentals

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.