Cheap Apartments for Rent in Franklin Lakes, NJ from $600 (40 Rentals)

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

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Residences at Choctaw
1 to 3 Bedroom Apartments

Residences at Choctaw

25 E Allendale RdSaddle River, NJ 07458
  • Utilities Included

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Arnhem Apartments
1 to 2 Bedroom Apartments

Arnhem Apartments

636 Godwin AveMidland Park, NJ 07432
  • Utilities Included
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139 Royal
1 Bedroom Apartments

139 Royal

139 RoyalHawthorne, NJ 07506
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Midland Apartments
1 Bedroom Apartments

Midland Apartments

110 Midland AveMidland Park, NJ 07432
  • Utilities Included
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The VIEW at Wanaque
Studio to 2 Bedroom Apartments

The VIEW at Wanaque

1049 Ringwood AveWanaque, NJ 07420
  • Smoke Free

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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DICKINSON MANOR
1 to 2 Bedroom Apartments

DICKINSON MANOR

140 Dickinson LnMahwah, NJ 07430
  • Utilities Included
  • Smoke Free

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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Showing Results 1-40, 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 $1,820. Hawthorne Garden in the Southeast Ridgewood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,850. 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$1,820
Hawthorne Garden1BD/1BA Upgraded Units1BR,1BA$1,850
Kings Arms Garden Apartments1 bedroom1BR,1BA$1,900
Manchester Village1 X 11BR,1BA$1,960
Tudor Gardens1 Bed, 1 bath1BR,1BA$2,100
Berdan Court1BR/1BA1BR,1BA$2,195
Meridia Pompton Lakes1K1BR,1BA$2,295
Avalon WayneSM05-AStudio,1BA$2,350
Lakeside Residence1b1b-7061BR,1BA$2,350
East Gate at Ridgewood1BR/1BA1BR,1BA$2,450

Best Value Apartments for Rent in Franklin Lakes, NJ

As of July 28, 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 Indigo Model at Molly Brook on Belmont starting at $3,232 with a $2.76 price per square foot in the Preakness 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
Molly Brook on BelmontIndigo2BR,2BA$2.76
The Horizons at Franklin Lakes Apartment HomesTwo Bedroom 2 Bath - 1,066 sqft2BR,1BA$2.57
Manchester Village2 X 12BR,1BA$2.38
Brooklawn Gardens2 Beds, 1 bath2BR,1BA$2.18
Haledon Estates ApartmentsGarden Two Bedroom w/Den2BR,1BA$2.51
East Gate at Ridgewood1BR/1BA1BR,1BA$2.72
Berdan Court1BR/1BA1BR,1BA$2.73
Tudor Gardens1 Bed, 1 bath1BR,1BA$2.63
Hawthorne Garden1BD/1BA Upgraded Units1BR,1BA$2.64

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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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

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

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See the most popular apartments and homes in Franklin Lakes, NJ

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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 $1,820 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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

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.