What's the average rent in Millburn, NJ?

Rental Market Trends in Millburn, NJ

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SOURCE: TRULIA DATA

Rental market highlights

As of May 2026, the average rent in Millburn, NJ is $2,650 per month, which is 39% higher than the national average rent of $1,910 per month.

AVERAGE RENT

$2,650
-5.4%
-$150 decrease month-over-month
-41.8%
-$1,900 decrease year-over-year

AVAILABLE RENTALS

24

APARTMENTS

$2,458

HOUSES

$4,450

TOWNHOUSES

$2,800
As of May 2026, apartments are the most affordable rental option in Millburn, NJ at $2,458 per month, while houses are the most expensive at $4,450 per month. Townhomes average $2,800 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$2,050
2 Bedrooms$2,500
3 Bedrooms$3,900
4 Bedrooms$6,000
All$2,700
As of May 2026, the average rent for a 1 bedroom rental in Millburn, NJ is $2,050 per month, followed by $2,500 for a 2 bedroom rental, $3,900 for a 3 bedroom rental, and $6,000 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has decreased by -43% compared to the previous year, which is a $2,150 decrease.
This year (2026)
Last year (2025)

Rent distribution

39% of rentals have rent of $2,200-$2,999/month

Rental price range

The price range for rentals is $1,990 to $8,995.
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