Cheap Apartments for Rent in Franklin Township, NJ from $500 (161 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 133 Rachel Ct

$2,400

2 Bedroom Rentals

Available Now

133 Rachel Ct

Franklin TownshipNJ08823
property at 81 Fisher Dr

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,400

Total Monthly Price
$2,400

2 Bedroom, 2 Bath Home for Rent

Available Now

81 Fisher Dr

Franklin TownshipNJ08823

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.

property at 81 Fisher Dr

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,400

Total Monthly Price
$2,400

2 Bedroom, 2 Bath Home for Rent

Available Now

81 Fisher Dr

Franklin TownshipNJ08823
property at 111 Lindsey Ct

$2,400

2 Bedroom Rentals

Available Now

111 Lindsey Ct

Franklin TownshipNJ08823
close
View Me
Grove at Somerset
Rent Specials
$1,082 - $3,274
Total Monthly Price

Total Monthly Price

Base Rent
$1,082 - $3,274

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Grove at Somerset

500 Bristol BlvdSomerset, NJ 08873
Luxury
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 2 Columbus Pl

$1,500 - $1,600

2 Bedroom Rentals

Available Now

2 Columbus Pl

Bound BrookNJ08805

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.

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.

property at 210 S 19th Ave

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

1 Bedroom, 1 Bath Townhome for Rent

Available Sep 5

210 S 19th Ave, Unit B

210 S 19th Ave
ManvilleNJ08835
property at 14 Knollwood St

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

1 Bedroom, 1 Bath Home for Rent

Available Sep 1

14 Knollwood St

PiscatawayNJ08854

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.

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 Township, NJ Local Guide

Cheapest Available Franklin Township Apartments for Rent

 

The cheapest available apartment rental in Franklin Township, NJ is a 1 Bed unit found at The Landing at Skillman Place priced from $575. SoCam290 in the Lawrence Brook neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $925. Here is today’s list of the most affordable Franklin Township apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Landing at Skillman Place1 BR (20% AMI)1BR,1BA$575
SoCam2902X2 Standard2BR,2BA$925
29 S Adelaide AveStudioStudio,1BA$1,400
Cedar Lane ApartmentsOne Bedroom1BR,1BA$1,595
Cedar ArmsOne Bedroom1BR,1BA$1,650
The Harrison Somerset Apartment HomesSTUDIO SMALLStudio,1BA$1,700
North Village Apartments1 Bedroom1BR,1BA$1,720
Highland Terrace ApartmentsOne Bedroom1BR,1BA$1,725
Premier Properties of New BrunswickStudioStudio,1BA$1,750
Royal Oaks and East Garden1 Bed East Gardens1BR,1BA$1,789

Best Value Apartments for Rent in Franklin Township, NJ

As of August 08, 2026 the best value apartment in the Franklin Township area is the $1.73 price per square foot 1 Model at 97 Main St in the in the Canal Crossing neighborhood starting from $3,450. The second greatest value Franklin Township apartment is the Durham Model at Queens Gate starting at $3,194 with a $1.89 price per square foot . Here is today’s list of the best values for Franklin Township apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
97 Main St12BR,2BA$1.73
Queens GateDurham2BR,2BA$1.89
Cedar Manor$1.94/sq.ft. - Upper Unit with Loft2BR,2BA$1.94
North Village Apartments2 Bedroom2BR,2BA$1.83
Green Hill Luxury Rentals$2.12/sq.ft. - One Bedroom with Basement1BR,1BA$2.12
The Gardens at North BrunswickTwo Bedroom Townhome FULLY UPGRADED2BR,1BA$1.69
Riverside Towers Apartment HomesTwo Bedroom - 1,108 sqft2BR,1BA$2.28
Henderson SquareWorkforce Housing2BR,2BA$2.17
Birchview GardensOne Bedroom A1BR,1BA$1.95
SoCam2901X1 Standard1BR,1BA$1.93

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 Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

Explore Franklin Township, NJ Rentals by Map

View Map
Franklin Township, NJ Apartments Map
View Map
Franklin Township, NJ Rental Homes Map

Frequently Asked Questions about Cheap Franklin Township Apartments

What is the Cheapest Studio apartment in Franklin Township?

Currently the most affordable Cheap Studio Apartment in Franklin Township is at 29 S Adelaide Ave listed at $1,400.

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

The lowest price for a Cheap One Bedroom Franklin Township Apartment is $575 at The Landing at Skillman Place.

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

Today's best deal for a Cheap Two Bedroom Apartment in Franklin Township is starting from $925 at SoCam290.

What is the most affordable Franklin Township Three Bedroom Apartment?

The best deal on a cheap Franklin Township Three Bedroom Apartment rental is at Somerset Park and starts from $2,750.

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 Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.