Millburn, NJ rental market
What is the average rent in Millburn, NJ?
Last updated August 7, 2026
Rental market summary
The average rent for all bedrooms and all property types in Millburn, NJ is $4,500.
Average rent
$4,500
Month-over-month change
+$1,000
Year-over-year change
+$600
Available rentals
24
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $1,675 to $6,990.
| Rent price | Number of rental properties |
|---|---|
| $1,600 | 1 |
| $2,100 | 1 |
| $2,200 | 1 |
| $2,300 | 1 |
| $2,500 | 3 |
| $2,600 | 1 |
| $2,900 | 1 |
| $3,200 | 1 |
| $3,300 | 1 |
| $3,400 | 1 |
| $3,500 | 2 |
| $3,600 | 1 |
| $3,700 | 1 |
| $3,800 | 1 |
| $4,400 | 2 |
| $4,500 | 3 |
| $4,600 | 1 |
| $4,800 | 1 |
| $4,900 | 1 |
| $5,000+ | 9 |
Average rent price over time
In the last year, rent has increased by $600 compared to the previous year.
| Last year (2025) | This year (2026) | |
|---|---|---|
| Jan | $3,750 | $3,400 |
| Feb | $4,188 | $4,450 |
| Mar | $4,950 | $3,050 |
| Apr | $5,000 | $2,830 |
| May | $4,450 | $2,500 |
| Jun | $4,350 | $3,200 |
| Jul | $3,900 | $2,600 |
| Aug | $3,950 | $4,500 |
| Sep | $3,600 | No data |
| Oct | $3,400 | No data |
| Nov | $2,850 | No data |
| Dec | $3,195 | No 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.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Millburn, NJ is 124% higher than the national average.
$4,500
$2,005
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Frequently asked questions
1. What is the average rent in Millburn, NJ?
2. What is the average rent for a studio apartment in Millburn, NJ?
3. What is the average rent for a one-bedroom apartment in Millburn, NJ?
4. What is the average rent for a two-bedroom apartment in Millburn, NJ?
5. What is the average rent for a three-bedroom apartment in Millburn, NJ?
6. What is the average rent for a four-bedroom apartment in Millburn, NJ?
7. How much does it cost to rent a house in Millburn, NJ?
8. How has the rent in Millburn, NJ changed in the last year?
9. How much has the rent in Millburn, NJ increased/decreased in the last month?
10. How many available rentals are there in Millburn, NJ?
11. How do rent prices in Millburn, NJ compare with the national average?
