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Rental Market Trends in New Milford, CT

Updated July 2026

The average rent in New Milford, CT is $1,814/month.

Rent in New Milford is roughly equal to the national average rent of of $1,663/month.

$1,814/month

Average Rent

650 Sq Ft

Average Size

+1.5%

Change / Year

37

Available Apartments

New Milford rent varies by unit size and layout:

  • Studio apartments in New Milford average $868 per month.
  • One-bedroom apartments in New Milford average $1,814 per month.
  • Two-bedroom apartments in New Milford average $1,810 per month.
  • Three-bedroom apartments in New Milford average or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$868/month
533 Sq Ft
One Bedroom
$1,814/month
650 Sq Ft
Two Bedroom
$1,810/month
627 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$5,750/month
1,162 Sq Ft
Three Bedroom
$7,400/month
1,956 Sq Ft
Four Bedroom
$7,815/month
2,907 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$2,291/month
1,131 Sq Ft
View New Milford Apartments

How much has average rent changed in New Milford, CT?

In the past year, rent has increased by 1.5%, which averages out to $27 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in New Milford, CT

July 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in New Milford, CT
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
71% $1,001 - $1,500/month
0% $1,501 - $2,000/month
29% Above $2,000/month

What salary do I need to live comfortably in New Milford, CT?

Because the average rent in New Milford is $1,814, you’ll want to make about $6,046 per month or $72,552 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

New Milford, CT

37 Available Apartments for Rent

Search for Nearby Apartments

How does New Milford, CT compare to other nearby cities and neighborhoods?

Use the tool below to compare New Milford, CT to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

View the New Milford Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Brookfield

    Brookfield

Apartment Communities in New Milford We Think You'll Love

Barton Commons

Barton Commons

34 East St,
New Milford, CT 06776

2 Beds | $1,995

Overlook at Fort Hill Apartments

Overlook at Fort Hill Apartments

45 Fort Hill Rd,
New Milford, CT 06776

2 Beds | $2,200

19 Candlewood Springs Road

19 Candlewood Springs Road

19 Candlewood Springs Road,
New Milford, CT 06776

4 Beds | $3,900

15 Harry Brook Village

15 Harry Brook Village

15 Harry Brook Village,
New Milford, CT 06776

2 Beds | $2,000

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Frequently Asked Questions

What is the average rent in New Milford?

The average rent in New Milford is $1,814 per month, which is 9.1% higher than the national average of $1,663.

What is the average rent for a house in New Milford?

The average rent for a house in New Milford, CT is $7,400 per month.

Are rents going up or down in New Milford?

Rents in New Milford, CT are increasing, with prices up 1.5% year-over-year and $27 more per month.

What rent range is most common in New Milford?

In New Milford, CT, 71% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

United States Connecticut New Milford Rental Trends

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.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity