Average Rent in Franklin Lakes, NJ and Rent Price Trends

Rent price trends in
Franklin Lakes, NJ

Rent price trends

Rent prices for all bedroom counts and property types in Franklin Lakes, NJ have decreased by 5% in the last month and have increased by 1% in the last year.

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

Rent comparables in
Franklin Lakes, NJ
The monthly rent for an apartment in Franklin Lakes, NJ is $3,410. A 1-bedroom apartment in Franklin Lakes, NJ costs about $3,150 on average, while a 2-bedroom apartment is $3,675. Houses for rent in Franklin Lakes, NJ are more expensive, with an average monthly cost of $4,250.


1 bedroom	$2,350	2%	2%
2 bedroom	$3,400	4%	22%
3 bedroom	$3,700	No Change	35%
4 bedroom	$4,650	36%	3%
Studio	$2,390	-	-


Apartments	$3,410	5%	No Change
Condos	$2,350	No Change	No Change
Houses	$4,250	19%	No Change
Rooms	$900	-	-

Studio

Average rent

$2,390

1 bedroom

Average rent

$2,350

Last 30 days

Last year

2 bedroom

Average rent

$3,400

Last 30 days

Last year

22%

3 bedroom

Average rent

$3,700

Last year

35%

4 bedroom

Average rent

$4,650

Last 30 days

36%

Last year

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.

Compare rent prices in Franklin Lakes, NJ to other cities

Median rent prices in Franklin Lakes, NJ for all bedroom counts and property types compared to Allendale, NJ.

Franklin Lakes

Median rent price$4,100

110%

higher than the national median

Median rent price$3,590

84%

higher than the national median

Takeaway

The median rent for all rentals in Franklin Lakes, NJ is 14% higher than the median rent in Allendale, NJ.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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