
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.


1412 Faulkner Ct

145 Parker Ave

216 Ringwood 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.

31 Rea Ave

43 Knox Terrace

15 Cottage St

49 7th Ave
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.
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 | $5,433 | $2,000 | $10,000+ |
| Franklin Lakes 3 Bedroom Homes for Rent | $3,592 | $2,850 | $4,000 |
| Franklin Lakes 4 Bedroom Homes for Rent | $4,537 | $3,600 | $5,850 |
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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 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 $1,749. 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 | $1,749 |
| Hawthorne Garden | 1BD/1BA Upgraded Units | 1BR,1BA | $1,850 |
Best Value Apartments for Rent in Franklin Lakes, NJ and Nearby
As of March 14, 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 $3,575 with a $2.90 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 | $2.90 |
| 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 | $2.70 |
| Kings Arms Garden Apartments | 2 bedroom | 2BR,1.5BA | $2.82 |
| Berdan Court | 1BR/1BA | 1BR,1BA | $2.73 |
| 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 | $2.57 |
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.
Best Local Schools in Franklin Lakes, NJ
Woodside Avenue Elementary School
Ramapo High School
Franklin Ave Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Franklin Lakes
What type of rentals are currently available in Franklin Lakes?
There are currently 55 Apartments for Rent in Franklin Lakes, NJ with pricing that ranges from $1,720 to $4,900. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin Lakes ranging from $1,800 to $42,000.
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 $42,000 with an average monthly rent of $3,740.
How much are larger Three and Four Bedroom Rentals in Franklin Lakes?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Franklin Lakes range from $2,900 to $4,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,850 to $4,000. Four Bedroom Single-Family rentals are also available starting from $3,600 and Four Bedroom Apartments start at $4,000.
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

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.