Cheap Apartments for Rent in Franklin, NJ from $1,320 (54 Rentals)

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

property at 174 Main St

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200
Total Monthly Price
$2,200

2 Bedroom, 1 Bath Home for Rent

Available Now

174 Main St, Unit 2R

174 Main St
FranklinNJ07416

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.

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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.

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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.

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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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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
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Country Village
1 to 2 Bedroom Apartments

Country Village

456 Rockaway RdDover, NJ 07801
  • Utilities Included

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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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 $1,650. 10 Unit Multifamily + Additional Income in the Rolling Hills Estates neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,650. Here is today’s list of the most affordable Franklin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Wilson ManorOne Bedroom1BR,1BA$1,650
10 Unit Multifamily + Additional Income1 bedroom1BR,1BA$1,650
Jefferson Ridge ApartmentsOne Bedroom - First Floor1BR,1BA$1,730
Brook Bridge ApartmentsSmall 1BR1BR,1BA$1,757
NETCONG HEIGHTSOne Bedroom First Floor1BR,1BA$1,775
Newtonian Gardens ApartmentsOne Bedroom1BR,1BA$1,845
Shore Hill Apartments1 Bed 1 Bath1BR,1BA$1,895
The View At Mine Hill1 Bed + 1 Bath1BR,1BA$2,050
Mt. Arlington Gardens Apartment HomesOne Bedroom - 1,000 sqft1BR,1BA$2,070

Best Value Apartments for Rent in Franklin, NJ and Nearby

As of August 29, 2026 the best value apartment in the Franklin area is the $2.04 price per square foot 8 Ridgefield Rd 101 Model at Mountain Ridge at Sussex in the in the Briar Crest at Crystal Springs neighborhood starting from $2,550. The second greatest value Franklin apartment is the $2.10/sq.ft. - The Avon Model at Kinnelon Ridge starting at $2,590 with a $2.10 price per square foot in the Grandview at Kinnelon 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.
Mountain Ridge at Sussex8 Ridgefield Rd 1012BR,2BA$2.04
Kinnelon Ridge$2.10/sq.ft. - The Avon2BR,2BA$2.10
Hillside GardensTwo Bedroom2BR,1BA$1.83
Mt. Arlington Gardens Apartment HomesTwo Bedroom - 1,100 sqft2BR,1BA$2.19
The Crown Walk1 Bed/1 Bath1BR,1BA$2.40
91 Main St, Unit 191 Main St1BR,1BA$1.75
Jefferson Ridge ApartmentsOne Bedroom - First Floor1BR,1BA$2.31
Brook Bridge ApartmentsSmall 1BR1BR,1BA$2.34
NETCONG HEIGHTSOne Bedroom Second Floor1BR,1BA$2.39
10 Unit Multifamily + Additional Income1 bedroom1BR,1BA$2.41

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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Quick Rent Budget Calculator

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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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Franklin, NJ

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Franklin Apartments

What is the Cheapest Studio apartment in Franklin?

Currently the most affordable Cheap Studio Apartment in Franklin is at 80East listed at $2,175.

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

The lowest price for a Cheap One Bedroom Franklin Apartment is $1,650 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.

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

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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.

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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.

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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.