What's the average rent in Millburn, NJ?
Rental Market Trends in Millburn, NJ
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
HOUSES
TOWNHOUSES
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 type | Average 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.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,990 |
| 2 Bedrooms | $2,756 |
| 3 Bedrooms | — |
| 4 Bedrooms | $8,995 |
| All | $2,756 |
As of May 2026, the average rent for a 1 bedroom townhome in Millburn, NJ is $1,990 per month, followed by $2,756 for a 2 bedroom townhome, and $8,995 for a 4 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $2,050 |
| 2 Bedrooms | $2,500 |
| 3 Bedrooms | $3,700 |
| 4 Bedrooms | — |
| All | $2,450 |
As of May 2026, the average rent for a 1 bedroom apartment in Millburn, NJ is $2,050 per month, followed by $2,500 for a 2 bedroom apartment, and $3,700 for a 3 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $2,550 |
| 3 Bedrooms | $3,900 |
| 4 Bedrooms | $6,000 |
| All | $4,383 |
As of May 2026, the average rent for a 2 bedroom house in Millburn, NJ is $2,550 per month, followed by $3,900 for a 3 bedroom house, and $6,000 for a 4 bedroom house.
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.