Franklin, NJ rental market

What is the average rent in Franklin, NJ?

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Last updated October 29, 2025

Rental market summary

The average rent for all bedrooms and all property types in Franklin, NJ is $2,250.

Average rent

$2,250

Month-over-month change

-$250

Year-over-year change

+$225

Available rentals

13

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,500 to $3,200.

Rent frequencies
Rent priceNumber of rental properties
$1,4001
$1,5002
$1,7001
$1,8001
$1,9002
$2,0002
$2,1001
$2,2001
$2,3001
$2,6001
$2,9002
$3,1002
$3,200+2

Average rent price over time

In the last year, rent has increased by $225 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,900$2,200
Feb$1,950$1,450
Mar$1,900$2,600
Apr$1,550$1,700
May$1,950$1,500
Jun$1,850$1,845
Jul$1,900$1,500
Aug$2,300$1,965
Sep$1,850$2,225
Oct$1,700$2,500
Nov$2,025No data
Dec$1,700No data

Market temperature

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

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Franklin, NJ is 13% higher than the national average.

Franklin, NJvs.

$2,250

$2,000

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Frequently asked questions

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

The average rent in Franklin, NJ is $2,250.

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

The average rent for a one-bedroom apartment in Franklin, NJ is $1,500 per month.

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

The average rent for a two-bedroom apartment in Franklin, NJ is $2,000 per month.

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

The average rent for a three-bedroom apartment in Franklin, NJ is $2,950 per month.

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

The average rent for a four-bedroom apartment in Franklin, NJ is $3,200 per month.

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

Houses in Franklin, NJ rent between $1,500 - $3,200 with an average rent of $2,250.

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

In the last year, the rent in Franklin, NJ increased by $225

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

In the last month, the rent in Franklin, NJ decreased by $250

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

There are currently 13 rentals available in Franklin, NJ.

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

The average rent in Franklin, NJ is $2,250 — 12.5% higher the national average of $2,000.

Zip codes in Franklin, NJ