
Cheap Homes for Rent in Franklin Township, NJ from $1,200 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Franklin Township.


58 S Main St

26 Carousel Chase

2309 Sayre Dr

212 N Oaks Blvd

254 W Franklin St

13 Foxtail Ln, Unit 13, Unit 13
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.

123 Kossuth St

15 Fisher Dr

1310 Bradley Ct

58 S Main St

111 Harris Ave

2162 Ash Ct

1081 Schmidt Ln
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 a home in Franklin Township?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin Township 2 Bedroom Homes for Rent | $2,608 | $2,250 | $3,800 |
| Franklin Township 3 Bedroom Homes for Rent | $3,348 | $2,150 | $5,300 |
| Franklin Township 4 Bedroom Homes for Rent | $4,757 | $3,100 | $10,000+ |
| Franklin Township 5 Bedroom Homes for Rent | $5,816 | $3,500 | $7,950 |
Browse Top Homes for Rent in Franklin Township
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Franklin Township, NJ Local Guide
- Nearby Cities
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Cheapest Available Franklin Township Apartments for Rent
 The cheapest available apartment rental in Franklin Township, NJ is a 2 Beds unit found at SoCam290 in the Lawrence Brook neighborhood priced from $900. Meridia Bound Brook 300 in the Canal Crossing neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,550. Here is today’s list of the most affordable Franklin Township apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| SoCam290 | BUR | 2BR,2BA | $900 |
| Meridia Bound Brook 300 | Studio C | Studio,1BA | $1,550 |
| Bound Brook Apartments | 1 Bedroom | 1BR,1BA | $1,669 |
| Highland Terrace Apartments | One Bedroom | 1BR,1BA | $1,695 |
| Benner Apartments | One Bedroom | 1BR,1BA | $1,695 |
Best Value Apartments for Rent in Franklin Township, NJ
As of April 24, 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 2 Bedroom 2 Bathroom Large Model at Colony House Apartments starting at $2,670 with a $1.67 price per square foot in the Turnpike East neighborhood. 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 |
| Colony House Apartments | 2 Bedroom 2 Bathroom Large | 2BR,2BA | $1.67 |
| Hidden Lake | Brookdale - C2 | 1BR,1.5BA | $1.65 |
| Queens Gate | Andover | 2BR,2BA | $2.09 |
| North Village Apartments | 2 Bedroom | 2BR,2BA | $1.97 |
| 3252 Cypress Ct, Unit 3252 | 3252 Cypress Ct | 2BR,2BA | $2.07 |
| Green Hill Luxury Rentals | $2.04/sq.ft. - One Bedroom with Loft | 1BR,1BA | $2.19 |
| The Willows at Orchard Road | Two Bedroom | 2BR,1BA | $1.59 |
| Henderson Square | Workforce Housing | 2BR,2BA | $2.17 |
| Hempstead Gardens | $1.97/sq.ft. - One Bedroom | 1BR,1BA | $1.97 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 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 Franklin Township
What type of rentals are currently available in Franklin Township?
There are currently 387 Apartments for Rent in Franklin Township, NJ with pricing that ranges from $575 to $10,761. There are also 92 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin Township ranging from $1,250 to $10,000.
What is the current price range for Rental Homes in Franklin Township?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Franklin Township ranges from $1,250 to $10,000 with an average monthly rent of $3,543.
How much are larger Three and Four Bedroom Rentals in Franklin Township?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Franklin Township range from $1,375 to $8,181, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,150 to $5,300. Four Bedroom Single-Family rentals are also available starting from $3,100 and Four Bedroom Apartments start at $3,085.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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.