Apartments & Homes for Rent in Franklin Park, NJ

Townhouse for rent at 8 Cabot Way, Franklin Park, NJ 08823

Located within the exclusive Wynnefield at Somerset Development is a 1,440 Sq Ft townhouse with updates throughout and so much to offer. First floor features new luxury vinyl flooring throughout: An impeccably updated kitchen (quartz countertops, slow close cabinets, stainless steel appliances (including a dishwasher) & recessed lighting. An updated powder (.5 bath) room. Dining room area. Large living room with wood burning fireplace. Patio area (completely fenced in) is off of of the living room. Second floor boasts: Main bedroom with Cathedral ceiling a private, updated bathroom and wall of closets. Utility room with full size washer & dryer.

Viewing 1 of 1 rentals in Franklin Park

What to Know About

Life in Franklin Park & Beyond

Franklin Park shares many of the great qualities that make New Jersey a desirable place to live.

New Jersey is known for its beaches along the Jersey Shore to some of the most iconic landmarks in the nation, such as the Liberty Bell, the Statue of Liberty, and Ellis Island. From the bustling streets of Newark to the picturesque shorelines of Cape May, New Jersey is a state unlike any other. Discover its dynamic culture and rich heritage by visiting iconic landmarks like Liberty State Park and the Ellis Island National Museum of Immigration. And for those seeking knowledge, New Jersey is home to renowned universities like Rutgers University and Princeton University.

Whether you're an outdoor enthusiast or a sports fan, New Jersey has plenty to offer, including the New York Giants (NFL), New York Jets (NFL), New Jersey Devils (NHL), and the New Jersey Nets (NBA). Enjoy the beautiful coastline by fishing, surfing, or sailing, and hit the slopes of nearby mountains. Make sure to visit famous attractions like the Atlantic City Boardwalk, the Camden Waterfront, and the historic town of Cape May.

A state that never stops moving, New Jersey is a melting pot of cultures, experiences, and opportunities waiting to be experienced, making it a great place to call home.

Rental Market Trends

Franklin Park, NJ

As of April 2025, Franklin Park's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Franklin Park's average rent is 1.4% ($33) higher than the New Jersey average of $2,434 and 37.1% ($668) higher than the U.S. average of $1,799.

Average Rent

$2,467

Monthly ChangeMonth Over Month Change

0.9% ($22)

Yearly ChangeYear Over Year Change

6.5% ($150)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,966	13.2% ($298)	10.5% ($187)
2 Beds	$2,509	4.5% ($117)	10.5% ($238)
3 Beds	$3,711	4.5% ($173)	10.5% ($352)

Nearby Cities	Average Rent	Avg. Rent vs. Franklin ParkAverage Rent vs. Franklin Park	Avg. Days on MarketAverage Days on Market
Monmouth Junction	$2,018	18.2% ($449)	53 days
Somerset	$2,408	2.4% ($59)	38 days
North Brunswick	$2,220	10% ($247)	56 days
Skillman	$2,874	16.5% ($407)	39 days
New Brunswick	$2,230	9.6% ($237)	56 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Franklin Park Rental Market FAQs

Explore rental prices, market trends, and availability in Franklin Park, NJ.

What is the average rent in Franklin Park, NJ?

The average rent in Franklin Park, NJ is $2,467 per month.

What is the rental price range for homes in Franklin Park, NJ?

Homes in Franklin Park typically rent for between $1,376 and $4,824 per month, with an average of $2,467 per month.

What is the average rent for different bedroom sizes in Franklin Park, NJ?

In Franklin Park, the average rent for a 1-bedroom home is $1,966 per month, for a 2-bedroom home, $2,509 per month, and a 3-bedroom home is $3,711 per month.

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

The average rent in Franklin Park is 37.1% ($668) higher than the national average of $1,799 per month.

How have rent prices in Franklin Park, NJ changed recently?

The average rent in Franklin Park has increased by 0.9% ($22) in the last month and increased by 6.5% ($150) over the past year.

How competitive is the rental market in Franklin Park, NJ?

The rental market in Franklin Park, NJ, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Franklin Park, NJ?

In Franklin Park, NJ, the average rental stays on the market for approximately 38 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Franklin Park, NJ?

There is currently 1 rental property available in Franklin Park, NJ.

Can I afford to rent a home in Franklin Park, NJ?

Based on the current averages, a household would need an annual income of $100,360 to comfortably afford a 2-bedroom home in Franklin Park.

Apartments & Homes for Rent in Franklin Park, NJ

Life in Franklin Park & Beyond

Franklin Park, NJ

Are You a Rental Professional?

Advertise on RentalSource, Zillow, Realtor.com, and Craigslist Franklin Park to attract quality tenants faster and take your listings to the next level.