Millburn, NJ rental market

What is the average rent in Millburn, NJ?

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Last updated April 16, 2026

Rental market summary

The average rent for all bedrooms and all property types in Millburn, NJ is $2,700.

Average rent

$2,700

Month-over-month change

-$250

Year-over-year change

-$1,750

Available rentals

24

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,990 to $8,995.

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Rent frequencies
Rent priceNumber of rental properties
$1,9001
$2,1004
$2,4004
$2,5002
$2,6003
$2,7002
$2,8001
$3,4001
$3,5001
$3,6001
$3,7001
$3,8003
$3,9002
$4,4002
$4,5001
$4,9001
$5,000+3

Average rent price over time

In the last year, rent has decreased by $1,750 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$3,750$3,400
Feb$4,188$4,450
Mar$4,950$3,050
Apr$5,000$2,850
May$4,450No data
Jun$4,350No data
Jul$3,900No data
Aug$3,950No data
Sep$3,600No data
Oct$3,400No data
Nov$2,850No data
Dec$3,195No data

Market temperature

The Millburn, NJ rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Millburn, NJ is 35% higher than the national average.

Millburn, NJvs.

$2,700

$2,000

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Frequently asked questions

1. What is the average rent in Millburn, NJ?

The average rent in Millburn, NJ is $2,700.

2. What is the average rent for a one-bedroom apartment in Millburn, NJ?

The average rent for a one-bedroom apartment in Millburn, NJ is $2,150 per month.

3. What is the average rent for a two-bedroom apartment in Millburn, NJ?

The average rent for a two-bedroom apartment in Millburn, NJ is $2,650 per month.

4. What is the average rent for a three-bedroom apartment in Millburn, NJ?

The average rent for a three-bedroom apartment in Millburn, NJ is $3,900 per month.

5. What is the average rent for a four-bedroom apartment in Millburn, NJ?

The average rent for a four-bedroom apartment in Millburn, NJ is $6,250 per month.

6. How much does it cost to rent a house in Millburn, NJ?

Houses in Millburn, NJ rent between $1,990 - $8,995 with an average rent of $2,700.

7. How has the rent in Millburn, NJ changed in the last year?

In the last year, the rent in Millburn, NJ decreased by $1,750

8. How much has the rent in Millburn, NJ increased/decreased in the last month?

In the last month, the rent in Millburn, NJ decreased by $250

9. How many available rentals are there in Millburn, NJ?

There are currently 24 rentals available in Millburn, NJ.

10. How do rent prices in Millburn, NJ compare with the national average?

The average rent in Millburn, NJ is $2,700 — 35% higher the national average of $2,000.