What's the average rent in Franklin, NJ?

Rental Market Trends in Franklin, NJ

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in Franklin, NJ is $2,300 per month, which is 17% higher than the national average rent of $1,962 per month.

AVERAGE RENT

$2,300

24.3%$450 increase month-over-month

39.4%$650 increase year-over-year

AVAILABLE RENTALS

APARTMENTS

$2,100

HOUSES

$2,300

TOWNHOUSES

$3,500

As of August 2026, apartments are the most affordable rental option in Franklin, NJ at $2,100 per month, while townhomes are the most expensive at $3,500 per month. Houses average $2,300 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,400
2 Bedrooms	$2,300
3 Bedrooms	$2,500
4 Bedrooms	—
All	$2,300

As of August 2026, the average rent for a 1 bedroom rental in Franklin, NJ is $1,400 per month, followed by $2,300 for a 2 bedroom rental, and $2,500 for a 3 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,400
2 Bedrooms	$2,200
3 Bedrooms	$3,000
4 Bedrooms	—
All	$1,700

As of August 2026, the average rent for a 1 bedroom apartment in Franklin, NJ is $1,400 per month, followed by $2,200 for a 2 bedroom apartment, and $3,000 for a 3 bedroom apartment.