Section Image

Explore Similar Condos Within 2 Miles of Franklin Lakes, NJ

  • /46

    $12,000 Per Month

    • 4 Beds
    • 4 Baths
    • Condo for Rent

    27 Feldman Ct, Mahwah, NJ 07430

    Introducing Victoria Estates in Paramus, a collection of 42 luxury townhomes! This brand-new construction community is truly the first of its kind, built by Rock Solid Builders, known for their impeccable portfolio. Experience a lifestyle of unparalleled sophistication where every detail reflects superior craftsmanship. Each unit offers over 5,000 sq. ft. of living space with a two-car garage and

    Taylor Lucyk Christie's International Real Estate Group-Paramus

    27 Feldman Ct, Mahwah, NJ 07430

Frequently Asked Questions

How much does it cost to rent a condo in Franklin Lakes, NJ?
The median rent for a condo in Franklin Lakes, NJ is $5,988 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Franklin Lakes, NJ?
To comfortably afford the median rent in Franklin Lakes, NJ, a household needs to earn roughly $251,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $6,275 per month in Franklin Lakes, NJ, renters typically need to show $18,825 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Franklin Lakes, NJ?
In Franklin Lakes, NJ, the price-to-rent ratio is 23.2, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Franklin Lakes, NJ are best for renting a condo?
The best neighborhood for renting in Franklin Lakes, NJ depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Riverside, Totowa Section, Eastside and South Paterson, each with its own character and price range.

Rental Home Trends in Franklin Lakes, NJ

Rental Home Trends

Number of Condos for Rent
1
Median Condo Rent
$5,988
Median 2 Bedroom Condo Rent
$5,700
How to Rent a Home