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 September 2026, the average rent in Franklin Lakes, NJ is $4,465 per month, which is 129% higher than the national average rent of $1,948 per month.
AVERAGE RENT
$4,465
21.1%$778 increase month-over-month
-7.0%-$335 decrease year-over-year
AVAILABLE RENTALS
8
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $2,600 |
| 2 Bedrooms | $4,350 |
| 3 Bedrooms | — |
| 4 Bedrooms | $6,450 |
| All | $4,465 |
As of September 2026, the average rent for a 1 bedroom rental in Franklin Lakes, NJ is $2,600 per month, followed by $4,350 for a 2 bedroom rental, and $6,450 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $2,600 |
| 2 Bedrooms | — |
| 3 Bedrooms | — |
| 4 Bedrooms | $6,450 |
| All | $6,450 |
As of September 2026, the average rent for a 1 bedroom house in Franklin Lakes, NJ is $2,600 per month, followed by $6,450 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -20% compared to the previous year, which is a $1,017 decrease.
This year (2026)
Last year (2025)
Rent distribution
43% of rentals have rent of $2,200-$2,999/month
Rental price range
The price range for rentals is $2,600 to $35,000.
