Last updated on October 21, 2026

Average rent in
Franklin Lakes, NJ

Median rent

Median rent in Franklin Lakes

$3,660/mo

Flat

vs previous year

The average rent in Franklin Lakes is $3,660 per month as of October 2026. This is 93% above the national average rent, or $1,760 more per month.

$4.89

average price per square foot

Total rentals

Available rentals in Franklin Lakes

11

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Franklin Lakes rentals at each price point

40%30%20%10%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Franklin Lakes, NJ, in the last 30 days, rent estimates may not represent the actual market.

Rent trends in Franklin Lakes, NJ

Average rent prices in Franklin Lakes have increased by 36% over the last month and have remained the same since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Franklin Lakes, NJ

Rent prices in Franklin Lakes vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Franklin Lakes is $3,000, whereas a house costs $5,200. 1-bedroom apartments in Franklin Lakes run $2,350 on average, while 2-bedroom apartments are $3,730.

Listings

Studio

$2,257

-

9%

1 bedroom

$2,325

7%

23%

2 bedroom

$3,395

4%

10%

3 bedroom

$4,155

No Change

21%

4 bedroom

$5,200

4%

13%

Studio

Average rent

$2,257

Last year

9%

1 bedroom

Average rent

$2,325

Last 30 days

7%

Last year

23%

2 bedroom

Average rent

$3,395

Last 30 days

4%

Last year

10%

3 bedroom

Average rent

$4,155

Last year

21%

4 bedroom

Average rent

$5,200

Last 30 days

4%

Last year

13%

The table above reflects average rent prices in Franklin Lakes, NJ, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Franklin Lakes, NJ compare to other cities?

Compare median rent prices in Franklin Lakes and Allendale by all bedroom counts and property types.

Franklin Lakes

Median rent price$3,660
increased by93%

higher than the national median

Median rent price$3,250
increased by71%

higher than the national median

Takeaway

The median rent for all rentals in Franklin Lakes, NJ is 13% higher than the median rent in Allendale, NJ.

Discover rentals in Franklin Lakes, NJ

359 Hillview Ter - Photo 1 of 1

5d+ ago

House for rent in Franklin Lakes

Rental, Franklin Lakes Boro, NJ

359 Hillview Ter, Franklin Lakes, NJ 07417

4 beds

2.5 baths

$6,450

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Franklin Lakes, NJ

Quick answers to common questions about the Franklin Lakes rental market.

How much is rent in Franklin Lakes?

The average rent in Franklin Lakes is $3,660 per month as of October 17, 2026.

Is rent up or down in Franklin Lakes?

Average rent prices in Franklin Lakes have increased by 36% over the last month and have remained the same since last year.

How does Franklin Lakes rent compare to the national average?

Rent in Franklin Lakes is 93% above the national average, which means renters are paying approximately $1,760 more per month.

What salary do I need to afford rent in Franklin Lakes?

To comfortably afford rent in Franklin Lakes, you'd need to earn approximately $146,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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