Franklin Lakes, NJ rental market

What is the average rent in Franklin Lakes, NJ?

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Last updated November 1, 2026

Rental market summary

The average rent for all bedrooms and all property types in Franklin Lakes, NJ is $4,750.

Average rent

$4,750

Month-over-monthMoM change

+$1,450

Year-over-yearYoY change

+$950

Available rentals

7

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $2,830 to $29,500.

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Rent frequencies
Rent priceNumber of rental properties
$2,9001
$4,3001
$4,7002
$5,000+2

Average rent price over time

In the last year, rent has increased by $950 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$4,000$5,000
Feb$4,000$5,000
Mar$3,505$5,000
Apr$3,469$4,000
May$3,431$4,300
Jun$3,152$4,300
Jul$5,100$6,000
Aug$5,260$4,155
Sep$5,000$3,983
Oct$4,800$3,300
Nov$6,000$4,750
Dec$3,642No data

Market temperature

The Franklin Lakes, NJ rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Franklin Lakes, NJ is 138% higher than the national average.

Franklin Lakes, NJvs.
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$4,750

$2,000

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Frequently asked questions

1. What is the average rent in Franklin Lakes, NJ?

The average rent in Franklin Lakes, NJ is $4,750.

2. What is the average rent for a one-bedroom apartment in Franklin Lakes, NJ?

The average rent for a one-bedroom apartment in Franklin Lakes, NJ is $2,897 per month.

3. What is the average rent for a two-bedroom apartment in Franklin Lakes, NJ?

The average rent for a two-bedroom apartment in Franklin Lakes, NJ is $4,350 per month.

4. What is the average rent for a three-bedroom apartment in Franklin Lakes, NJ?

The average rent for a three-bedroom apartment in Franklin Lakes, NJ is $4,750 per month.

5. What is the average rent for a four-bedroom apartment in Franklin Lakes, NJ?

The average rent for a four-bedroom apartment in Franklin Lakes, NJ is $17,975 per month.

6. How much does it cost to rent a house in Franklin Lakes, NJ?

Houses in Franklin Lakes, NJ rent between $2,830 - $29,500 with an average rent of $4,750.

7. How has the rent in Franklin Lakes, NJ changed in the last year?

In the last year, the rent in Franklin Lakes, NJ increased by $950

8. How much has the rent in Franklin Lakes, NJ increased/decreased in the last month?

In the last month, the rent in Franklin Lakes, NJ increased by $1,450

9. How many available rentals are there in Franklin Lakes, NJ?

There are currently 7 rentals available in Franklin Lakes, NJ.

10. How do rent prices in Franklin Lakes, NJ compare with the national average?

The average rent in Franklin Lakes, NJ is $4,750 — 137.5% higher the national average of $2,000.

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