
Cheap Homes for Rent in Franklin Lakes, NJ from $1,800 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Franklin Lakes.


286 N 6th St

944 Hamburg Tpke

36 Colfax Ave
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.

203 Brittany Dr, Unit 203

19 Linda Vista Ave

39 Struyk Ave

471 Sicomac Ave
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.
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 | $3,190 | $1,850 | $5,250 |
| Franklin Lakes 3 Bedroom Homes for Rent | $4,026 | $2,000 | $6,500 |
| Franklin Lakes 4 Bedroom Homes for Rent | $6,125 | $4,500 | $8,500 |
| Franklin Lakes 5 Bedroom Homes for Rent | $14,666 | $3,000 | $10,000+ |
| Franklin Lakes 6 Bedroom Homes for Rent | $11,000 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Franklin Lakes
Explore Franklin Lakes
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 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 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sunset Ridge at Totowa | Two Bedroom | 2BR,2BA | $1.73 |
| Avalon Bloomingdale | B9L | 2BR,2BA | $2.55 |
| Berdan Court | 2BR/1BA | 2BR,1BA | $2.54 |
| The Horizons at Franklin Lakes Apartment Homes | Two Bedroom 2 Bath - 1,066 sqft | 2BR,1BA | $2.72 |
| Brooklawn Gardens | 2 Beds, 1 bath | 2BR,1BA | $2.18 |
| Haledon Estates Apartments | Garden Two Bedroom w/Den | 2BR,1BA | $2.63 |
| Tudor Gardens | 1 Bed, 1 bath | 1BR,1BA | $2.63 |
| 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 | $2.73 |
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.
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 $1,720 to $10,000. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin Lakes ranging from $1,800 to $35,000.
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 $1,800 to $35,000 with an average monthly rent of $6,830.
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

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.

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.

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.

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.