What's the average rent in Franklin Lakes, NJ?
Rental Market Trends in Franklin Lakes, NJ
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SOURCE: TRULIA DATA
Rental market highlights
As of August 2026, the average rent in Franklin Lakes, NJ is $4,484 per month, which is 128% higher than the national average rent of $1,965 per month.
AVERAGE RENT
$4,484
-15.2%-$806 decrease month-over-month
-11.7%-$596 decrease year-over-year
AVAILABLE RENTALS
6
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $2,847 |
| 2 Bedrooms | $4,300 |
| 3 Bedrooms | $5,290 |
| 4 Bedrooms | — |
| All | $4,484 |
As of August 2026, the average rent for a 1 bedroom rental in Franklin Lakes, NJ is $2,847 per month, followed by $4,300 for a 2 bedroom rental, and $5,290 for a 3 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $2,750 |
| 2 Bedrooms | — |
| 3 Bedrooms | $5,290 |
| 4 Bedrooms | — |
| All | $5,290 |
As of August 2026, the average rent for a 1 bedroom house in Franklin Lakes, NJ is $2,750 per month, followed by $5,290 for a 3 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -21% compared to the previous year, which is a $1,105 decrease.
This year (2026)
Last year (2025)
Rent distribution
43% of rentals have rent of $3,800-$4,999/month
Rental price range
The price range for rentals is $2,740 to $35,000.
