Cheap Apartments for Rent in Franklin Lakes, NJ from $600 (26 Rentals)

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Search the lowest-cost Apartments available for rent right now in Franklin Lakes.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 203 Brittany Dr

$1,940

Total Monthly Price

Total Monthly Price

Base Rent
$1,940
Total Monthly Price
$1,940

1 Bedroom, 1 Bath Condo for Rent

Available Now

203 Brittany Dr, Unit 203

203 Brittany Dr
WayneNJ07470

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Residences at Choctaw
1 to 3 Bedroom Apartments

Residences at Choctaw

25 E Allendale RdSaddle River, NJ 07458
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Arnhem Apartments
1 to 2 Bedroom Apartments

Arnhem Apartments

636 Godwin AveMidland Park, NJ 07432
  • Utilities Included
Showing Results 1-26, Page 1 of 1

Franklin Lakes, NJ Local Guide

Cheapest Available Franklin Lakes Apartments for Rent

 

The cheapest available apartment rental in Franklin Lakes, NJ is a 1 Bed unit found at Brooklawn Gardens in the Preakness neighborhood priced from $1,720. 35 McKinley in the Southeast Ridgewood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,799. Here is today’s list of the most affordable Franklin Lakes apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Brooklawn Gardens1 Bed, 1 bath1BR,1BA$1,720
35 McKinley1 BD1BR,1BA$1,799
Hawthorne Garden1BD/1BA Upgraded Units1BR,1BA$1,850
Lafayette Park Apartments1 BR 1 BA1BR,1BA$1,900
Kings Arms Garden Apartments1 bedroom1BR,1BA$1,900
139 Royal1 Bed, 1 bath1BR,1BA$2,095
Tudor Gardens1 Bed, 1 bath1BR,1BA$2,100
Wayne Village Apartments1 Bedroom Standard1BR,1BA$2,235
263 Franklin Ave. ApartmentsOne Bedroom 1 bath1BR,1BA$2,265

Best Value Apartments for Rent in Franklin Lakes, NJ

As of June 12, 2026 the best value apartment in the Franklin Lakes area is the $1.73 price per square foot Two Bedroom Model at Sunset Ridge at Totowa in the in the Totowa neighborhood starting from $2,850. The second greatest value Franklin Lakes apartment is the B9L Model at Avalon Bloomingdale starting at $3,240 with a $2.55 price per square foot in the Pompton Lake neighborhood. Here is today’s list of the best values for Franklin Lakes apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sunset Ridge at TotowaTwo Bedroom2BR,2BA$1.73
Avalon BloomingdaleB9L2BR,2BA$2.55
Berdan Court2BR/1BA2BR,1BA$2.54
The Horizons at Franklin Lakes Apartment HomesTwo Bedroom 2 Bath - 1,066 sqft2BR,1BA$2.72
Brooklawn Gardens2 Beds, 1 bath2BR,1BA$2.18
Haledon Estates ApartmentsGarden Two Bedroom w/Den2BR,1BA$2.63
Tudor Gardens1 Bed, 1 bath1BR,1BA$2.63
Hawthorne Garden1BD/1BA Upgraded Units1BR,1BA$2.64
Lafayette Park Apartments1 BR 1 BA1BR,1BA$2.71
35 McKinley1 BD1BR,1BA$2.73

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Best Local Schools in
Franklin Lakes, NJ

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Franklin Lakes Apartments

How much is rent for a Cheap One Bedroom Franklin Lakes Apartment?

The lowest price for a Cheap One Bedroom Franklin Lakes Apartment is $1,720 at Brooklawn Gardens.

What is the lowest price for a Cheap Two Bedroom Franklin Lakes Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Franklin Lakes is starting from $2,175 at Brooklawn Gardens.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.