• Renter Tools
    • Favorites
    • Saved Searches
  • Manage Rentals
  • Apartments For Rent
  • Houses For Rent
  • Condos For Rent
  • Townhomes For Rent
  • Help Center
  • Area Guide
  • Rent Calculator
English

Language

English Español
Apartments.com Logo
Manage Rentals      Sign Up / Sign In
Add a Property

Rental Market Trends in New Milford, CT

Updated September 2026

The average rent in New Milford, CT is $1,919/month.

Rent in New Milford is 15% higher than the national average rent of $1,665/month, making this one of the more expensive cities statewide.

$1,919/month

Average Rent

650 Sq Ft

Average Size

+6.8%

Change / Year

38

Available Apartments

New Milford rent varies by unit size and layout:

  • Studio apartments in New Milford average $869 per month.
  • One-bedroom apartments in New Milford average $1,919 per month.
  • Two-bedroom apartments in New Milford average $1,814 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
$869/month
533 Sq Ft
One Bedroom
$1,919/month
650 Sq Ft
Two Bedroom
$1,814/month
627 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$4,350/month
1,568 Sq Ft
Three Bedroom
$3,280/month
1,676 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,577/month
619 Sq Ft
Two Bedroom
$2,510/month
1,098 Sq Ft
View New Milford Apartments

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

In the past year, rent has increased by 6.8%, which averages out to $131 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in New Milford, CT

September 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
57% $1,001 - $1,500/month
14% $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 $1,919, you’ll want to make about $6,396 per month or $76,752 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

38 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

    Avg Rent: $2,114/month

  • Pawling

    Pawling

    Avg Rent: $1,106/month

Apartment Communities in New Milford We Think You'll Love

Barton Commons

Barton Commons

34 East St,
New Milford, CT 06776

1 Bed | $1,775

Overlook at Fort Hill Apartments

Overlook at Fort Hill Apartments

45 Fort Hill Rd,
New Milford, CT 06776

2 Beds | $2,200

47 Still River Dr

47 Still River Dr

47 Still River Dr,
New Milford, CT 06776

2 Beds | $8,000

44 Ferris Estates Rd

44 Ferris Estates Rd

44 Ferris Estates Rd,
New Milford, CT 06776

3 Beds | $3,500

Rental Management, Simplified

Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com

Manage Your Rentals

Guides for Managing Your Rental

Introducing the Rental ROI Calculator

Evaluate any deal with a rental ROI calculator.

How To Run a Rental Property Cash Flow Analysis

Check cash flow by lining up income and expenses.

3 Ways to Choose Your Next Rental Location

Pick a profitable rental location with fewer regrets.

Rental Property Depreciation: What It Means for Your Taxes as a Landlord

Claim depreciation the right way at tax time.

Explore Rental Manager Resources

Frequently Asked Questions

What is the average rent in New Milford?

The average rent in New Milford is $1,919 per month, which is 15.3% higher than the national average of $1,665.

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

The average rent for a house in New Milford, CT is $3,280 per month.

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

The average rent for a condo in New Milford, CT is $1,577 per month.

Are rents going up or down in New Milford?

Rents in New Milford, CT are increasing, with prices up 6.8% year-over-year and $131 more per month.

What rent range is most common in New Milford?

In New Milford, CT, 57% 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 September 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.

  • About Us
  • Advertise
  • Legal Notices
  • Privacy Notice
  • Avoid Scams
  • Accessibility
  • Blog
  • Sitemap
apartments.com
© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity