What's the average rent in Millburn, NJ?

Rental Market Trends in Millburn, NJ

SOURCE: TRULIA DATA

Rental market highlights

As of June 2026, the average rent in Millburn, NJ is $2,450 per month, which is 26% higher than the national average rent of $1,951 per month.

AVERAGE RENT

$2,450
-18.2%
-$545 decrease month-over-month
-38.0%
-$1,500 decrease year-over-year

AVAILABLE RENTALS

32

APARTMENTS

$2,263

HOUSES

$6,750

TOWNHOUSES

$5,200
As of June 2026, apartments are the most affordable rental option in Millburn, NJ at $2,263 per month, while houses are the most expensive at $6,750 per month. Townhomes average $5,200 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$2,600
3 Bedrooms$4,500
4 Bedrooms$6,500
All$2,450
As of June 2026, the average rent for a 1 bedroom rental in Millburn, NJ is $2,050 per month, followed by $2,600 for a 2 bedroom rental, $4,500 for a 3 bedroom rental, and $6,500 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has decreased by -26% compared to the previous year, which is a $1,150 decrease.
This year (2026)
Last year (2025)

Rent distribution

38% of rentals have rent of $1,500-$2,199/month

Rental price range

The price range for rentals is $1,990 to $7,200.
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