Cheap Apartments for Rent in Franklin Lakes, NJ from $600 (24 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Franklin Lakes.

close
View Me
25 E Allendale Rd
1 to 3 Bedroom Apartments

25 E Allendale Rd

25 E Allendale RdSaddle River, NJ 07458
  • Utilities Included
close
View Me
Midland Apartments
1 Bedroom Apartments

Midland Apartments

110 Midland AveMidland Park, NJ 07432
  • Utilities Included
close
View Me
Arnhem Apartments
1 to 2 Bedroom Apartments

Arnhem Apartments

636 Godwin AveMidland Park, NJ 07432
  • Utilities Included

Franklin Lakes, NJ Local Guide

Cheapest Available Franklin Lakes Apartments for Rent and Nearby

 

The cheapest available apartment rental in Franklin Lakes, NJ is a Studio unit found at Lafayette Park Apartments in the Southeast Ridgewood neighborhood priced from $1,700. 35 McKinley in the Totowa neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,749. Here is today’s list of the most affordable Franklin Lakes apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lafayette Park ApartmentsStudioStudio,1BA$1,700
35 McKinley1 BD1BR,1BA$1,749
Kings Arms Garden Apartments1 bedroom1BR,1BA$1,950
Hawthorne Garden1BD/1BA Upgraded Units1BR,1BA$2,000
Tudor Gardens1 Bed, 1 bath1BR,1BA$2,000

Best Value Apartments for Rent in Franklin Lakes, NJ and Nearby

As of April 12, 2025 the best value apartment in the Franklin Lakes area is the $1.73 price per square foot Two Bedroom Model at Sunset Ridge at Totowa in the in the Stoney Road neighborhood starting from $2,850. The second greatest value Franklin Lakes apartment is the 2b2b-1051 Model at Lakeside Residence starting at $2,900 with a $2.76 price per square foot in the Lionshead Lake neighborhood. Here is today’s list of the best values for Franklin Lakes apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sunset Ridge at TotowaTwo Bedroom2BR,2BA$1.73
Lakeside Residence2b2b-10512BR,2BA$2.76
Berdan Court1BR/1BA1BR,1BA$2.48
Oak Manor Apartments1 Bedroom, 1 Bath 880 sq. ft.1BR,1BA$3.07
Manchester Village1 X 11BR,1BA$2.47
Haledon Estates ApartmentsLow Rise One Bedroom1BR,1BA$2.47
Tudor Gardens1 Bed, 1 bath1BR,1BA$2.50
Molly Brook on BelmontTidings1BR,1BA$3.13
Hawthorne Garden1BD/1BA Upgraded Units1BR,1BA$2.86
35 McKinley1 BD1BR,1BA$2.92

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Franklin Lakes, NJ Rentals by Map

View MapFranklin Lakes, NJ Apartments MapView MapFranklin Lakes, NJ Rental Homes Map

Getting Around Franklin Lakes, NJ

Walk Score®

33 / 100

Car-Dependent

Most errands require a car

Bike Score®

29 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Franklin Lakes Apartments

How much is rent for a Cheap One Bedroom Franklin Lakes Apartment?

The lowest price for a Cheap One Bedroom Franklin Lakes Apartment is $1,749 at 35 McKinley.

What is the lowest price for a Cheap Two Bedroom Franklin Lakes Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Franklin Lakes is starting from $2,500 at Manchester Village.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.