Average Rent in Franklin Lakes, NJ
Apartments & Houses by Size
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Franklin Lakes, New Jersey, offers a refined rental landscape that blends suburban tranquility with convenient access to metropolitan amenities. The city’s well‑maintained neighborhoods, such as the historic Downtown district and the vibrant Lakeview area, attract professionals and families seeking spacious living environments and top‑rated schools. With its leafy streets, numerous parks, and proximity to major commuter routes, Franklin Lakes provides a comfortable balance between a quiet residential feel and easy connectivity to New York City and surrounding employment hubs.
Rental options in Franklin Lakes are predominantly composed of quality apartments, with a strong presence of two‑bedroom units that suit both small families and working couples. These apartments typically fall within the $3400 to $3900 range, reflecting the area’s desirable blend of modern amenities, upscale finishes, and well‑designed floor plans. Residents enjoy access to community features such as fitness centers, on‑site parking, and pet‑friendly policies, while being just minutes away from local attractions like the historic Franklin Lakes Country Club and the scenic parks of the Ramapo River.
The city’s rental market is bolstered by a reputation for safety, excellent school districts, and a welcoming community atmosphere. Whether you are drawn by the convenience of nearby shopping centers, the appeal of outdoor recreation, or the ease of commuting to nearby urban centers, Franklin Lakes presents a compelling rental choice for discerning renters looking for quality, comfort, and a strong sense of place in New Jersey.
Franklin Lakes Rent by Property Type & Bedroom Count
Averages, medians, and ranges across recent rental listings
| Property Type | Bedrooms | Average | Median | Min – Max | 25th – 75th |
|---|---|---|---|---|---|
| Apartment | 2 Bedroom | $3,326 | $3,030 | $2,945 – $4,300 | $2,980 – $4,300 |
| Apartment | 4+ Bedroom | $7,937 | $7,375 | $6,000 – $11,000 | $6,250 – $11,000 |
Current rent in Franklin Lakes (all property types): 2 Bedroom $3,326, 4+ Bedroom $7,375.
Note: This analysis includes only bedroom types with sufficient data.
Map of Borough of Franklin Lakes
Outlined area shows the city boundary. Shaded regions show where rentals cluster.
About this data
Rent statistics, listings analysis, and visualizations on this page are produced by Rentometer, Inc.
If you cite, share, or republish data from this report, please credit Rentometer.