The average monthly rent of apartments in Franklin Park, NJ is $2,309.
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Rental prices in Franklin Park, NJ have decreased by 0.55% over the past year. The average rent moved from $2,322 to $2,309.
Compared to the national average rent of $1,741, the average rent in Franklin Park, NJ is $2,309.
The average monthly rent of apartments in Franklin Park, NJ is $2,309.
About 24% of apartment rents in Franklin Park, NJ range between $2,501-$3,000. Meanwhile, apartments around > $3,000 represent 11% of apartments. Around 24% of Franklin Park’s apartments are in the $2,001-$2,500 price range. 41% of apartments are priced between $1,501-$2,000.
The largest share of rentals in Franklin Park, NJ (41%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
In Franklin Park, 43% of the residents are renting compared to 57% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 9% of Franklin Park's rentals, 90% are small-scale complexes with under 50 units, and 1% are single-family rentals.
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