
Cheap Apartments for Rent in Franklin Township, NJ from $500 (161 Rentals)
Search the lowest-cost Apartments available for rent right now in Franklin Township.


121 Victor St

27 Townsend Ct

133 Rachel Ct

23 Norwich Pl

118 Pear Tree Ln

123 Pear Tree Ln

12 Amberly Ct

225 Rachel Ct

81 Fisher Dr
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.

81 Fisher Dr

111 Lindsey Ct

The Landing at Skillman Place

Total Monthly Price
Grove at Somerset

22 Harvey St, Unit 1

29 S Adelaide Ave

340 Townsend St

114 Joyce Kilmer Ave

Cedar Lane Apartments

2 Columbus Pl
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.

46G Haverhill Ct

Cedar Arms

Bound Brook Apartments

Benner Apartments

The Harrison Somerset Apartment Homes

North Village Apartments

Highland Terrace Apartments

Premier Properties of New Brunswick

17 E Franklin St

Hidden Lake
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.

Riverside Towers Apartment Homes

Royal Oaks and East Garden

Garfield Park Apartments

The Willows at Orchard Road

210 S 19th Ave, Unit B

14 Knollwood St

510 Hamilton

10 Landing Lane

Meridia Main Station

Colony Oaks
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.

North Brunswick Manor

Henderson Square

Easton North Apartments

Somerset Park

Hempstead Gardens

Georgetown Apartments

Finchley Gardens

Musical String House

Park Ridge Manor Apartments

Somerset Mews
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

How much does it cost to rent an apartment in Franklin Township?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Franklin Township Studio Apartments | $2,038 | $1,400 | $2,474 |
| Cheap Franklin Township 1 Bedroom Apartments | $2,247 | $575 | $4,444 |
| Cheap Franklin Township 2 Bedroom Apartments | $2,784 | $925 | $6,745 |
| Cheap Franklin Township 3 Bedroom Apartments | $3,447 | $1,082 | $5,842 |
| Cheap Franklin Township 4 Bedroom Apartments | $2,024 | $879 | $9,737 |
Browse Top Apartments in Franklin Township
See all Apartments in Franklin TownshipExplore Franklin Township
Franklin Township, NJ Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Landing at Skillman Place | 1 BR (20% AMI) | 1BR,1BA | $575 |
| SoCam290 | 2X2 Standard | 2BR,2BA | $925 |
| 29 S Adelaide Ave | Studio | Studio,1BA | $1,400 |
| Cedar Lane Apartments | One Bedroom | 1BR,1BA | $1,595 |
| Cedar Arms | One Bedroom | 1BR,1BA | $1,650 |
| The Harrison Somerset Apartment Homes | STUDIO SMALL | Studio,1BA | $1,700 |
| North Village Apartments | 1 Bedroom | 1BR,1BA | $1,720 |
| Highland Terrace Apartments | One Bedroom | 1BR,1BA | $1,725 |
| Premier Properties of New Brunswick | Studio | Studio,1BA | $1,750 |
| Royal Oaks and East Garden | 1 Bed East Gardens | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 97 Main St | 1 | 2BR,2BA | $1.73 |
| Queens Gate | Durham | 2BR,2BA | $1.89 |
| Cedar Manor | $1.94/sq.ft. - Upper Unit with Loft | 2BR,2BA | $1.94 |
| North Village Apartments | 2 Bedroom | 2BR,2BA | $1.83 |
| Green Hill Luxury Rentals | $2.12/sq.ft. - One Bedroom with Basement | 1BR,1BA | $2.12 |
| The Gardens at North Brunswick | Two Bedroom Townhome FULLY UPGRADED | 2BR,1BA | $1.69 |
| Riverside Towers Apartment Homes | Two Bedroom - 1,108 sqft | 2BR,1BA | $2.28 |
| Henderson Square | Workforce Housing | 2BR,2BA | $2.17 |
| Birchview Gardens | One Bedroom A | 1BR,1BA | $1.95 |
| SoCam290 | 1X1 Standard | 1BR,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 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 Township, NJ
Conerly Road Elementary School
Franklin Twp High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Franklin Township, NJ Rentals by Map
See the most popular apartments and homes in Franklin Township, NJ
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

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.

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.

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.

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.