East Franklin, NJ Rental Market Trends
Last updated: February 25, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in East Franklin is $2,437, a 0.41% increase compared to the previous year, when the average rent was $2,427.
One-bedroom apartments provide 681 square feet for $2,185, balancing privacy and affordability.
Two-beedroom units at $2,456 offer 861 square feet, perfect for roommates or small families.
Average rent in East Franklin, NJ
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,437 | 804 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $2,185 | 681 sq. ft. |
| 2 Beds | $2,456 | 861 sq. ft. |
| 3 Beds | n/a | n/a |
East Franklin, NJ rent trends
Rental prices in East Franklin, NJ have increased by 0.41% over the past year. The average rent moved from $2,427 to $2,437.
What's the typical rent budget in East Franklin, NJ?
The largest share of rentals in East Franklin, NJ (55%) fall between $2,001-$2,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in East Franklin, NJ?
1,576 or 52% of the households in East Franklin, NJ are renter-occupied while 1,447 or 48% are owner-occupied.
How East Franklin Compares to Other Cities
| City | Average Rent |
|---|---|
| Jersey City | $3,768 |
| Jersey Shore | $2,153 |
| Newark | $1,706 |
| Bayonne | $2,585 |
| East Orange | $1,849 |
| Elizabeth | $1,854 |
| Hoboken | $4,560 |
| Summit | $2,862 |
| Long Branch | $2,563 |
| Paterson | $1,705 |
| Dayton | $2,178 |
| Woodbridge | $2,618 |
| Avenel | $2,308 |
| Iselin | $2,423 |
| Fords | $2,318 |
| Old Bridge | $2,303 |
| East Franklin | $2,437 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all East Franklin apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.