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 June 2026, the average rent in Franklin Lakes, NJ is $5,290 per month, which is 171% higher than the national average rent of $1,951 per month.
AVERAGE RENT
$5,290
23.0%$990 increase month-over-month
58.8%$1,959 increase year-over-year
AVAILABLE RENTALS
7
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $2,500 |
| 2 Bedrooms | $3,150 |
| 3 Bedrooms | $5,290 |
| 4 Bedrooms | $9,500 |
| All | $5,290 |
As of June 2026, the average rent for a 1 bedroom rental in Franklin Lakes, NJ is $2,500 per month, followed by $3,150 for a 2 bedroom rental, $5,290 for a 3 bedroom rental, and $9,500 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $5,290 |
| 4 Bedrooms | $9,500 |
| All | $6,000 |
As of June 2026, the average rent for a 3 bedroom house in Franklin Lakes, NJ is $5,290 per month, followed by $9,500 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +36% compared to the previous year, which is a +$1,148 increase.
This year (2026)
Last year (2025)
Rent distribution
56% of rentals have rent of $5,000 and above/month
Rental price range
The price range for rentals is $2,830 to $35,000.
