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 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
HOUSES
TOWNHOUSES
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 type | Average 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.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,990 |
| 2 Bedrooms | $2,600 |
| 3 Bedrooms | $6,500 |
| 4 Bedrooms | $6,500 |
| All | $5,200 |
As of June 2026, the average rent for a 1 bedroom townhome in Millburn, NJ is $1,990 per month, followed by $2,600 for a 2 bedroom townhome, $6,500 for a 3 bedroom townhome, and $6,500 for a 4 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $2,050 |
| 2 Bedrooms | $2,600 |
| 3 Bedrooms | $3,600 |
| 4 Bedrooms | — |
| All | $2,100 |
As of June 2026, the average rent for a 1 bedroom apartment in Millburn, NJ is $2,050 per month, followed by $2,600 for a 2 bedroom apartment, and $3,600 for a 3 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $5,400 |
| 4 Bedrooms | $6,750 |
| All | $6,750 |
As of June 2026, the average rent for a 3 bedroom house in Millburn, NJ is $5,400 per month, followed by $6,750 for a 4 bedroom house.
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.