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Studio Apartment for Rent in Franklin Lakes, NJ

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  • 556 Colonial Rd, Franklin Lakes, NJ 07417
    556 Colonial Rd, Franklin Lakes, NJ 07417
    556 Colonial Rd, Franklin Lakes, NJ 07417
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    Starting at $10,000 Per Month

    • Studio

    556 Colonial Rd, Franklin Lakes, NJ 07417

    Experience beautiful Colonial Pointe Franklin Lakes, Bergen County, New Jersey’s newest luxury apartment community by Franklin Lakes Realty, LLC. Nestled in a serene, wooded setting on Colonial Road, just off Franklin Avenue, this pet-friendly community offers one- to two-bedroom apartments with luxury features and modern technology. Onsite amenities include a Residents’ Lounge, state-of-the-art

    Colonial Pointe at Franklin Lakes

    (862) 356-5907

    556 Colonial Rd, Franklin Lakes, NJ 07417
New Jersey Bergen County Franklin Lakes

Studio Homes for Rent in Franklin Lakes, NJ

Why Live in Franklin Lakes

Franklin Lakes, located in northern New Jersey, is a tranquil residential area with approximately 10,000 residents, known for its expansive lots and luxurious homes. The community is characterized by winding country roads rather than highways, offering a peaceful environment. Homes here are often grand estates, measuring around 7,000 square feet, featuring amenities like outdoor patios, tennis courts, and swimming pools. Architectural styles vary, with properties showcasing elements such as marble foyers and cathedral ceilings. Property taxes are relatively reasonable, aided by the presence of several Fortune 500 company headquarters. Education is a strong point, with High Mountain Road Elementary School and Ramapo Indian Hills Regional High School receiving high ratings and offering small class sizes. Recreational features include the Franklin Lakes Nature Preserve, with trails and a lake for fishing and boating, and Parsons Pond Park, which offers ballfields and walking paths. The Indian Trail Club provides private country club amenities. Franklin Avenue serves as the central hub, with dining options like Roast’d and Pazza, and shopping at Stop & Shop. Nearby Wyckoff's Abma’s Farm offers fresh produce and specialty items. Accessibility to major thoroughfares such as Route 208 and Interstate 287 allows for travel to Midtown Manhattan in about an hour.

Learn more about living in Franklin Lakes

Frequently Asked Questions

How much does it cost to rent a home in Franklin Lakes, NJ?
The median rent for a home in Franklin Lakes, NJ is $7,137 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 $285,480 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 $7,137 per month in Franklin Lakes, NJ, renters typically need to show $21,411 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 20.4, 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.

Rental Home Trends in Franklin Lakes, NJ

There are currently 1 homes available for rent in Franklin Lakes, NJ. The median rent is $7,137 per month, with single-family homes renting at $8,000 and condos at $6,275.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$7,137
Median Single Family Home Rent
$8,000
Median Condo Rent
$6,275
How to Rent a Home

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