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Milltown, NJ Condos for Rent

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  • /25

    $2,300

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 1,300 Sq Ft
    • Condo for Rent

    108 Clay St Unit 1, Milltown, NJ 08850

    Beautifully Renovated 1st-Floor Apartment in Milltown, NJWelcome to 108 Clay Street, Unit 1, a charming first-floor apartment located on a quiet residential street in a desirable Milltown neighborhood.This apartment has been beautifully updated with a brand-new kitchen, new appliances, and a completely renovated bathroom, offering a clean, modern living space while maintaining the

    108 Clay St Unit 1, Milltown, NJ 08850
  • /17

    $1,800

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 1,200 Sq Ft
    • Condo for Rent

    111 S Main St Unit 2nd Floor, Milltown, NJ 08850

    A large great/clean one (1) or two (2) bedrooms apt near downtown New Brunswick, restaurants, shopping, Rutgers College Campuses, etc. (Freshly Painted). There is a newer large eat in kitchen, pantry, washer and dryer in the unit, new private bath, dining room/tv room, great closet space and plenty of storage. There is on & off-street parking. And a bus stop in front of the building.

    111 S Main St Unit 2nd Floor, Milltown, NJ 08850

Frequently Asked Questions

How much does it cost to rent a condo in Milltown, NJ?
The median rent for a condo in Milltown, NJ is $1,975 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Milltown, NJ?
To comfortably afford the median rent in Milltown, NJ, a household needs to earn roughly $92,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,300 per month in Milltown, NJ, renters typically need to show $6,900 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Milltown, NJ?
In Milltown, NJ, the price-to-rent ratio is 21.2, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Condos for Rent
2
Median Condo Rent
$1,975
Median 1 Bedroom Condo Rent
$1,600
Median 2 Bedroom Condo Rent
$2,175
How to Rent a Home