Cheap Apartments for Rent in Franklin Park, NJ from $300 (56 Rentals)

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

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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property at 133 Rachel Ct

$2,400

2 Bedroom Rentals

Available Now

133 Rachel Ct

Franklin TownshipNJ08823
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Livingston Terrace
1 to 2 Bedroom Apartments

Livingston Terrace

440 Livingston AveNew Brunswick, NJ 08901
  • Utilities Included
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Douglass Gardens
1 to 2 Bedroom Apartments

Douglass Gardens

462 Hamilton StSomerset, NJ 08873
  • Utilities Included
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Kingston Terrace
1 to 2 Bedroom Apartments

Kingston Terrace

607 Kingston TerracePrinceton, NJ 08540
  • Utilities Included

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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property at 7 Sheffield Ct

$2,350

2 Bedroom Rentals

Available Now

7 Sheffield Ct

North BrunswickNJ08902

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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Showing Results 1-50, Page 1 of 2

Franklin Park, NJ Local Guide

Cheapest Available Franklin Park Apartments for Rent

 

The cheapest available apartment rental in Franklin Park, NJ is a Studio unit found at The Harrison Somerset Apartment Homes in the Turnpike East neighborhood priced from $1,700. North Village Apartments in the Farrington Lake neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,720. Here is today’s list of the most affordable Franklin Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Harrison Somerset Apartment HomesSTUDIO SMALLStudio,1BA$1,700
North Village Apartments1 Bedroom1BR,1BA$1,720
Royal Oaks and East Garden1 Bed East Gardens1BR,1BA$1,789
510 HamiltonStudioStudio,1BA$1,800
North Brunswick Manor1 Bedroom - Heat and Hot Water Included1BR,1BA$1,825
Henderson SquareWorkforce Housing1BR,1BA$1,850
Somerset ParkAqueduct - 2nd Fl1BR,1BA$1,850
Easton North ApartmentsOne Bedroom )1BR,1BA$1,850
Georgetown Apartments1 Bedroom1BR,1BA$1,869
Musical String House2101BR,2BA$1,875

Best Value Apartments for Rent in Franklin Park, NJ

As of August 09, 2026 the best value apartment in the Franklin Park area is the $1.94 price per square foot $1.94/sq.ft. - Upper Unit with Loft Model at Cedar Manor in the starting from $3,195. The second greatest value Franklin Park apartment is the Residence G2.2 Model at The Glades at Beekman starting at $3,145 with a $2.39 price per square foot in the Princeton Manor neighborhood. Here is today’s list of the best values for Franklin Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cedar Manor$1.94/sq.ft. - Upper Unit with Loft2BR,2BA$1.94
The Glades at BeekmanResidence G2.22BR,2.5BA$2.39
North Village Apartments2 Bedroom2BR,2BA$1.83
Boulders at BeekmanResidence B2BR,2.5BA$2.41
Green Hill Luxury Rentals$2.12/sq.ft. - One Bedroom with Basement1BR,1BA$2.12
Somerset MewsTwo Bed Townhome2BR,2BA$2.55
Presidential EstatesFAMILY3BR,2BA$2.49
Henderson SquareWorkforce Housing2BR,2BA$2.17
Royal Oaks and East Garden2 bed C Royal Oaks2BR,1BA$2.31
Barrett Country Club1 Bedroom1BR,1BA$2.30

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

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.

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

Explore Franklin Park, NJ Rentals by Map

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See the most popular apartments and homes in Franklin Park, NJ

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Frequently Asked Questions about Cheap Franklin Park Apartments

What is the Cheapest Studio apartment in Franklin Park?

Currently the most affordable Cheap Studio Apartment in Franklin Park is at The Harrison Somerset Apartment Homes listed at $1,700.

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

The lowest price for a Cheap One Bedroom Franklin Park Apartment is $1,720 at North Village Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Franklin Park is starting from $2,149 at Royal Oaks and East Garden.

What is the most affordable Franklin Park Three Bedroom Apartment?

The best deal on a cheap Franklin Park Three Bedroom Apartment rental is at Presidential Estates and starts from $2,700.

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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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.

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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.