
Cheap Homes for Rent in Franklin, NJ from $1,500 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Franklin.


49 Main St

29 Walnut St

3 Steamboat Dr

55 Madison St
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.

100 Heritage Ln

20 Ryerson Ave

3 Gray Rock Dr

164 Coon Den Rd

441 Rutherford 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, NJ Local Guide

How much does it cost to rent a home in Franklin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin 2 Bedroom Homes for Rent | $2,203 | $1,650 | $3,500 |
| Franklin 3 Bedroom Homes for Rent | $2,921 | $2,000 | $3,700 |
| Franklin 4 Bedroom Homes for Rent | $4,525 | $4,150 | $4,900 |
| Franklin 5 Bedroom Homes for Rent | $5,647 | $3,495 | $7,800 |
Browse Top Homes for Rent in Franklin
Explore Franklin
Franklin, NJ Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Franklin Apartments for Rent and Nearby
 The cheapest available apartment rental in Franklin, NJ is a Studio unit found at Hillside Terrace priced from $1,335. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hillside Terrace | EFFICIENCY NEW KIT | Studio,1BA | $1,335 |
| Jefferson Ridge Apartments | One Bedroom - First Floor | 1BR,1BA | $1,680 |
| Newtonian Gardens Apartments | One Bedroom | 1BR,1BA | $1,745 |
Best Value Apartments for Rent in Franklin, NJ and Nearby
As of January 30, 2026 the best value apartment in the Franklin area is the $1.88 price per square foot 2 Beds, 2 baths Model at Mountain Ridge at Sussex in the in the Briar Crest at Crystal Springs neighborhood starting from $2,600. The second greatest value Franklin apartment is the $2.28/sq.ft. - The Avon Model at Kinnelon Ridge starting at $2,810 with a $2.28 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Mountain Ridge at Sussex | 2 Beds, 2 baths | 2BR,2BA | $1.88 |
| Kinnelon Ridge | $2.28/sq.ft. - The Avon | 2BR,2BA | $2.28 |
| The Crown Walk | 2 Bed/2 Bath | 2BR,2BA | $2.02 |
| Hillside Gardens | Two Bedroom | 2BR,1BA | $1.79 |
| Catherine Street | 2 bed TH | 2BR,1BA | $2.26 |
| Mt. Arlington Gardens Apartment Homes | One Bedroom - 1,000 sqft | 1BR,1BA | $1.97 |
| Rock Pointe | 1BR | 1BR,1BA | $2.52 |
| Jefferson Ridge Apartments | One Bedroom - First Floor | 1BR,1BA | $2.24 |
| Newtonian Gardens Apartments | One Bedroom | 1BR,1BA | $2.45 |
| Hillside Terrace | EFFICIENCY NEW KIT | Studio ,1BA | $2.43 |
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, NJ
Hardyston Elementary School
Delsea Regional High School
Delsea Regional Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Franklin, NJ Rentals by Map
See the most popular apartments and homes in Franklin, NJ
Frequently Asked Questions about Franklin
What type of rentals are currently available in Franklin?
There are currently 62 Apartments for Rent in Franklin, NJ with pricing that ranges from $1,320 to $5,145. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $1,500 to $7,800.
What is the current price range for Rental Homes in Franklin?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Franklin ranges from $1,500 to $7,800 with an average monthly rent of $3,381.
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

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.