
Cheap Homes for Rent in Franklin, NJ from $1,200 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Franklin.


18 Washington St

680 NJ-15

58 Nestor St., Unit E

2 Great Gorge Terrace

4 Village Way
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.

27 Old Rte 23

55 Madison St

83 High St

174 Main St, Unit 3R

45 Sussex St

132 Sparta 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, 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 | $2,409 | $1,750 | $4,000 |
| Franklin 3 Bedroom Homes for Rent | $3,372 | $2,150 | $8,000 |
| Franklin 4 Bedroom Homes for Rent | $4,183 | $2,300 | $6,500 |
Browse Top Homes for Rent in Franklin
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Franklin, NJ Local Guide
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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. Brook Bridge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,717. Here is today’s list of the most affordable Franklin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Wilson Manor | Small One Bedroom | 1BR,1BA | $1,550 |
| Brook Bridge Apartments | Small 1BR | 1BR,1BA | $1,717 |
| Jefferson Ridge Apartments | One Bedroom - First Floor | 1BR,1BA | $1,730 |
| NETCONG HEIGHTS | One Bedroom Second Floor | 1BR,1BA | $1,790 |
| 10 N. Main | Y1 | 1BR,1BA | $1,800 |
Best Value Apartments for Rent in Franklin, NJ and Nearby
As of June 20, 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 $2,790. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Rock Pointe | 2BR | 2BR,2BA | $2.07 |
| Mountain Ridge at Sussex | 8 Ridgefield Rd 101 | 2BR,2BA | $2.04 |
| Kinnelon Ridge | $2.19/sq.ft. - The Avon | 2BR,2BA | $2.19 |
| 34 Bank at Netcong | MONTH FREE SPECIAL! - 2B2-1 - Two Bedroom - 1,1... | 2BR,2BA | $2.16 |
| Hillside Gardens | One Bedroom | 1BR,1BA | $1.85 |
| Mt. Arlington Gardens Apartment Homes | One Bedroom - 1,000 sqft | 1BR,1BA | $1.89 |
| Pinefield Manor | Largest 1 BR w/Dining Rm-walk-in closets | 1BR,1BA | $2.27 |
| 91 Main St, Unit 1 | 91 Main St | 1BR,1BA | $1.75 |
| Brook Bridge Apartments | Small 1BR | 1BR,1BA | $2.29 |
| Jefferson Ridge Apartments | One Bedroom - First Floor | 1BR,1BA | $2.31 |
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, 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 67 Apartments for Rent in Franklin, NJ with pricing that ranges from $1,139 to $4,600. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $1,275 to $8,000.
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 $1,275 to $8,000 with an average monthly rent of $2,928.
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

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.