Franklin Lakes, NJ Rental Market Trends
What is the average rent in Franklin Lakes?
The average rent for an apartment in Franklin Lakes is $2,800. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Franklin Lakes, NJ
|Average Rent||Average Apartment Size|
|$2,800||1,068 sq. ft.|
What is the average apartment size in Franklin Lakes?
The average size for a Franklin Lakes, NJ apartment is 1,068 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Franklin Lakes, NJ Occupied Housing Units
580 or 15% of the households in Franklin Lakes, NJ are renter-occupied while 3,265 or 84% are owner-occupied.
Franklin Lakes, NJ Rent Trends
|Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Nov / 2020||Mar / 2021||Jul / 2021||Dec / 2021|
How Franklin Lakes Compares to Other Cities
|New York City||$3,863|