Bedroom count
Property type
Last updated on June 8, 2026
Last updated on June 8, 2026
Bedroom count
Property type
Median rent in Franklin Lakes
$6,275/mo
vs previous year
The average rent in Franklin Lakes is $6,275 per month as of June 2026. This is 222% above the national average rent, or $4,325 more per month.
average price per square foot
Available rentals in Franklin Lakes
9
for rent on Zumper.com as of June 2026
Share of Franklin Lakes rentals at each price point
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.
Average rent prices in Franklin Lakes have decreased by 4% over the last month and have increased by 77% since last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Rent prices in Franklin Lakes vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Franklin Lakes is $3,475, whereas a house costs $4,200. 1-bedroom apartments in Franklin Lakes run $2,625 on average, while 2-bedroom apartments are $5,700.
Listings | ||||
|---|---|---|---|---|
Studio | $2,425 | - | - | |
1 bedroom | $2,605 | No Change | 14% | |
2 bedroom | $3,282 | 1% | 1% | |
3 bedroom | $4,505 | No Change | - | |
4 bedroom | $3,900 | 13% | 16% |
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Franklin Lakes, NJ.
Listings | ||||
|---|---|---|---|---|
Apartments | $3,475 | 11% | No Change | |
Condos | $2,800 | No Change | No Change | |
Houses | $4,200 | 16% | No Change |
Studio
Average rent
$2,425
1 bedroom
Average rent
$2,605
Last 30 days
No Change
Last year
14%
2 bedroom
Average rent
$3,282
Last 30 days
1%
Last year
1%
3 bedroom
Average rent
$4,505
4 bedroom
Average rent
$3,900
Last 30 days
13%
Last year
16%
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Franklin Lakes, NJ.
Apartments
Average rent
$3,475
Last 30 days
11%
Condos
Average rent
$2,800
Last 30 days
No Change
Houses
Average rent
$4,200
Last 30 days
16%
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 median rent prices in Franklin Lakes and Allendale by all bedroom counts and property types.
Franklin Lakes
higher than the national median
higher than the national median
Takeaway
The median rent for all rentals in Franklin Lakes, NJ is 90% higher than the median rent in Allendale, NJ.
Explore rent trends in neighboring markets
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Quick answers to common questions about the Franklin Lakes rental market.
The average rent in Franklin Lakes is $6,275 per month as of June 6, 2026.
Average rent prices in Franklin Lakes have decreased by 4% over the last month and have increased by 77% since last year.
Rent in Franklin Lakes is 222% above the national average, which means renters are paying approximately $4,325 more per month.
To comfortably afford rent in Franklin Lakes, you'd need to earn approximately $251,000/year, based on spending no more than 30% of your income on rent.
Franklin Lakes rental properties typically do not include utilities as part of the rent package. Based on available data, 0% of listings across all bedroom types include utilities in their monthly rent.
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).