When were prices and availability in Franklin Lakes, NJ last updated?
Prices and availability in Franklin Lakes, NJ were last updated on 22 Feb 2026.
What is the average rent in Franklin Lakes, NJ?
The average rent in Franklin Lakes, NJ is $3,257.
What is the price range for a 1-bedroom apartment in Franklin Lakes, NJ?
The price range for a 1-bedroom apartment in Franklin Lakes, NJ is between $2,875 and $5,315.
What is the price range for a 2-bedroom apartment in Franklin Lakes, NJ?
The price range for a 2-bedroom apartment in Franklin Lakes, NJ is between $3,500 and $5,315.
What type of rental buildings are in Franklin Lakes, NJ?
In Franklin Lakes, 12% of the residents are renting compared to 88% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 34% of Franklin Lakes's rentals, 29% are small-scale complexes with under 50 units, and 36% are single-family rentals.
What do typical apartment communities look like in Franklin Lakes, NJ?
The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Franklin Lakes are about 18 years old, on average. Of these, all have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.
What apartment floorplans are common in Franklin Lakes, NJ?
Rental apartments in Franklin Lakes come in a range of sizes and floorplans. Studio apartments represent 0% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 29% of the total apartments in the city, while 2-bedroom floorplans represent around 71% of all rentals in Franklin Lakes. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.