Franklin Lakes, NJ rental market

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Last updated August 29, 2025

Rental market summary

The average rent for all bedrooms and all property types in Franklin Lakes, NJ is $5,000.

Average rent

$5,000

Month-over-month change

-$40

Year-over-year change

$0

Available rentals

7

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $2,975 to $9,995.

Rent frequencies
Rent priceNumber of rental properties
$3,2001
$3,7001
$4,9002
$5,000+3

Average rent price over time

Average rent price over time
Last year (2024)This year (2025)
Jan$3,500$4,000
Feb$4,500$4,000
Mar$4,500$3,505
Apr$4,655$3,469
May$3,329$3,431
Jun$3,513$3,152
Jul$3,523$5,100
Aug$4,200$5,260
Sep$5,000No data
Oct$5,000No data
Nov$3,472No data
Dec$4,000No 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.

$5,000

$2,100

Rent in Franklin Lakes, NJ

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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 $5,000.

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

Houses in Franklin Lakes, NJ rent between $2,975 - $9,995 with an average rent of $5,000.

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

In the last year, the rent in Franklin Lakes, NJ did not change.

4. 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 decreased by $40

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

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

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

The average rent in Franklin Lakes, NJ is $5,000 — 138.1% higher the national average of $2,100.