What's the average rent in Millburn, NJ?

Rental Market Trends in Millburn, NJ

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in Millburn, NJ is $4,600 per month, which is 134% higher than the national average rent of $1,965 per month.

AVERAGE RENT

$4,600
76.9%
$2,000 increase month-over-month
17.9%
$700 increase year-over-year

AVAILABLE RENTALS

27

APARTMENTS

$2,639

HOUSES

$5,600

TOWNHOUSES

$4,600
As of August 2026, apartments are the most affordable rental option in Millburn, NJ at $2,639 per month, while houses are the most expensive at $5,600 per month. Townhomes average $4,600 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$2,218
2 Bedrooms$2,950
3 Bedrooms$5,150
4 Bedrooms$5,888
All$4,600
As of August 2026, the average rent for a 1 bedroom rental in Millburn, NJ is $2,218 per month, followed by $2,950 for a 2 bedroom rental, $5,150 for a 3 bedroom rental, and $5,888 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has increased by +14% compared to the previous year, which is a +$550 increase.
This year (2026)
Last year (2025)

Rent distribution

33% of rentals have rent of $5,000 and above/month

Rental price range

The price range for rentals is $1,675 to $9,500.
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