
Cheap Homes for Rent near Franklin Lakes, NJ from $1,300 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Franklin Lakes.


160 5th Ave

57 9th Ave

76 Mohawk Ave

156 6th Ave
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.

58 Buena Vista Ave

275 Wanaque Ave

100 Haledon Ave

24 Horton Ave

9 Brown Ave
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.

194 Sherman Ave

42 Annette Ave

20 Annette Ave

94 Garside Ave

11 Brown Ave
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.

21 Belmont Ave

423 River St
Franklin Lakes, NJ Local Guide

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 | $2,705 | $2,100 | $3,750 |
| Franklin Lakes 3 Bedroom Homes for Rent | $3,450 | $2,300 | $4,800 |
| Franklin Lakes 4 Bedroom Homes for Rent | $4,800 | $2,500 | $6,500 |
| Franklin Lakes 5 Bedroom Homes for Rent | $9,750 | $9,750 | $9,750 |
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Franklin Lakes, NJ Local Guide
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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 Hawthorne Garden in the Southeast Ridgewood neighborhood priced from $1,795. Brooklawn Gardens in the Preakness neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,820. Here is today’s list of the most affordable Franklin Lakes apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hawthorne Garden | 1BD/1BA Upgraded Units | 1BR,1BA | $1,795 |
| Brooklawn Gardens | 1 Bed, 1 bath | 1BR,1BA | $1,820 |
| Rhinesmith Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,850 |
| Kings Arms Garden Apartments | 1 bedroom | 1BR,1BA | $1,900 |
| Manchester Village | 1 X 1 | 1BR,1BA | $1,960 |
Best Value Apartments for Rent in Franklin Lakes, NJ and Nearby
As of September 11, 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 2 X 1 Model at Manchester Village starting at $2,575 with a $2.45 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sunset Ridge at Totowa | Two Bedroom | 2BR,2BA | $1.73 |
| Manchester Village | 2 X 1 | 2BR,1BA | $2.45 |
| Rhinesmith Apartments | 2 Beds, 2 baths | 2BR,2BA | $2.34 |
| Brooklawn Gardens | 2 Beds, 1 bath | 2BR,1BA | $2.18 |
| Tudor Gardens | 2 Beds, 2 baths | 2BR,2BA | $2.92 |
| Haledon Estates Apartments | Low Rise One Bedroom | 1BR,1BA | $2.41 |
| Berdan Court | 1BR/1BA | 1BR,1BA | $2.73 |
| Avalon Bloomingdale | A2 | 1BR,1BA | $2.95 |
| Hawthorne Garden | 1BD/1BA Upgraded Units | 1BR,1BA | $2.64 |
| Kings Arms Garden Apartments | 1 bedroom | 1BR,1BA | $2.77 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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.
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.
Best Local Schools in Franklin Lakes, NJ
Franklin Ave Middle School
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 57 Apartments for Rent in Franklin Lakes, NJ with pricing that ranges from $1,799 to $10,000. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin Lakes ranging from $1,300 to $9,750.
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 $1,300 to $9,750 with an average monthly rent of $3,317.
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

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.