95 Norwood St
HaledonNJ07508
Cheap Homes for Rent in Franklin Lakes, NJ from $1,600 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Franklin Lakes.
145 Parker Ave
HawthorneNJ07506
471 Sicomac Ave
WyckoffNJ07481
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.
44 Ekings Ave
HawthorneNJ07506
15 Cottage St
Midland ParkNJ07432
49 7th Ave
HawthorneNJ07506
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.
8 N 12th St
HawthorneNJ07506
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Franklin Lakes, NJ Local Guide
Franklin Lakes Nature Preserve by Lithium6ion is licensed under CCO 1.0
How much does it cost to rent a home in Franklin Lakes?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin Lakes 2 Bedroom Homes for Rent | $2,959 | $2,000 | $4,900 |
| Franklin Lakes 3 Bedroom Homes for Rent | $3,272 | $2,750 | $4,600 |
| Franklin Lakes 4 Bedroom Homes for Rent | $6,000 | $3,500 | $8,500 |
| Franklin Lakes 5 Bedroom Homes for Rent | $6,000 | $6,000 | $6,000 |
| Franklin Lakes 6 Bedroom Homes for Rent | $12,000 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Franklin Lakes
Explore Franklin Lakes
Franklin Lakes, NJ Local Guide
- Nearby Cities
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Cheapest Available Franklin Lakes Apartments for Rent and Nearby
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Brooklawn Gardens | 1 Bed, 1 bath | 1BR,1BA | $1,720 |
| 35 McKinley | 1 BD | 1BR,1BA | $1,799 |
| Hawthorne Garden | 1BD/1BA Upgraded Units | 1BR,1BA | $1,850 |
Best Value Apartments for Rent in Franklin Lakes, NJ and Nearby
As of April 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 C2 Model at Avalon Bloomingdale starting at $3,500 with a $2.84 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sunset Ridge at Totowa | Two Bedroom | 2BR,2BA | $1.73 |
| Avalon Bloomingdale | C2 | 3BR,2BA | $2.84 |
| Brooklawn Gardens | 2 Beds, 1 bath | 2BR,1BA | $2.18 |
| The VIEW at Wanaque | 2BD/2BA | 2BR,1BA | $2.80 |
| Tudor Gardens | 2 Beds, 2 baths | 2BR,2BA | $2.81 |
| East Gate at Ridgewood | 1BR/1BA | 1BR,1BA | $2.81 |
| Kings Arms Garden Apartments | 2 bedroom | 2BR,1.5BA | $2.82 |
| Hawthorne Garden | 1BD/1BA Upgraded Units | 1BR,1BA | $2.64 |
| Lafayette Park Apartments | 1 BR 1 BA | 1BR,1BA | $2.71 |
| 35 McKinley | 1 BD | 1BR,1BA | $2.65 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleQuick 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
Franklin Ave Middle School
Franklin Lakes Public School District
Public School - Grades 6-8 (384)
7 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Franklin Lakes, NJ Rentals by Map
See the most popular apartments and homes in Franklin Lakes, NJ
Frequently Asked Questions about Franklin Lakes
What type of rentals are currently available in Franklin Lakes?
There are currently 56 Apartments for Rent in Franklin Lakes, NJ with pricing that ranges from $1,720 to $10,000. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin Lakes ranging from $1,650 to $12,000.
What is the current price range for Rental Homes in Franklin Lakes?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Franklin Lakes ranges from $1,650 to $12,000 with an average monthly rent of $5,401.
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
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.