Cheap Apartments for Rent in Franklin, NJ from $500 (40 Rentals)

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

property at 174 Main St

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850
Total Monthly Price
$1,850

1 Bedroom, 1 Bath Home for Rent

Available Now

174 Main St, Unit 3R

174 Main St
FranklinNJ07416

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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8 Prince St, Unit B
$1,395
Total Monthly Price

Total Monthly Price

Base Rent
$1,395
Total Monthly Price
$1,395
1 Bedroom Apartment Available Jun 1

8 Prince St, Unit B

8 Prince StHamburg, NJ 07419
  • 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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Cash 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.

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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.

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224 Glen Rd
1 Bedroom Apartments

224 Glen Rd

224 Glen RdSparta, NJ 07871
  • Utilities Included
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Carlton Village
Studio to 2 Bedroom Apartments

Carlton Village

3331 State Rt 94Hamburg, NJ 07419
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-40, Page 1 of 1

Franklin, NJ Local Guide

Cheapest Available Franklin Apartments for Rent and Nearby

 

The cheapest available apartment rental in Franklin, NJ is a 1 Bed unit found at Wilson Manor in the Rolling Hills Estates neighborhood priced from $1,550. Jefferson Ridge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,680. Here is today’s list of the most affordable Franklin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Wilson ManorSmall One Bedroom1BR,1BA$1,550
Jefferson Ridge ApartmentsOne Bedroom - First Floor1BR,1BA$1,680
69 King St1-Bedroom1BR,1BA$1,850
Country Village1 bedroom 1 bathroom1BR,1BA$1,875
Shore Hill Apartments1 Bed 1 Bath1BR,1BA$1,895
Rockaway Gardens ApartmentsColonial Style by level1BR,1BA$1,900
Mt. Arlington Gardens Apartment HomesOne Bedroom - 1,000 sqft1BR,1BA$1,935
The Carriage ClubS1BR,1BA$1,989
The View At Mine Hill1 Bed + 1 Bath1BR,1BA$2,050
10 N. MainY21BR,1BA$2,072

Best Value Apartments for Rent in Franklin, NJ and Nearby

As of May 30, 2026 the best value apartment in the Franklin area is the $2.07 price per square foot 2BR Model at Rock Pointe in the starting from $2,795. The second greatest value Franklin apartment is the 8 Ridgefield Rd 101 Model at Mountain Ridge at Sussex starting at $2,550 with a $2.04 price per square foot in the Briar Crest at Crystal Springs neighborhood. Here is today’s list of the best values for Franklin apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Rock Pointe2BR2BR,2BA$2.07
Mountain Ridge at Sussex8 Ridgefield Rd 1012BR,2BA$2.04
Kinnelon Ridge$2.19/sq.ft. - The Avon2BR,2BA$2.19
Mt. Arlington Gardens Apartment HomesTwo Bedroom - 1,100 sqft2BR,1BA$2.28
Pondview Estates$2.90/sq.ft. - One Bedroom with Basement1BR,1.5BA$2.46
The Crown Walk1 Bed/1 Bath1BR,1BA$2.42
Newtonian Gardens ApartmentsTwo Bedroom-One Bath2BR,1BA$2.54
Woodmont West at Mt. ArlingtonVenice I1BR,1BA$2.53
Jefferson Ridge ApartmentsOne Bedroom - First Floor1BR,1BA$2.24
Shore Hill Apartments1 Bed 1 Bath1BR,1BA$2.53

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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Frequently Asked Questions about Cheap Franklin Apartments

How much is rent for a Cheap One Bedroom Franklin Apartment?

The lowest price for a Cheap One Bedroom Franklin Apartment is $1,550 at Wilson Manor.

What is the lowest price for a Cheap Two Bedroom Franklin Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Franklin is starting from $2,100 at Mountain Top Estates.

What is the most affordable Franklin Three Bedroom Apartment?

The best deal on a cheap Franklin Three Bedroom Apartment rental is at Rockaway Gardens Apartments and starts from $2,800.

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

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

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.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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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.

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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.