Apartments in 08859

1 - 1 of 1 Result
35
$1,800 - 2,950
20 Pointe Of Woods Dr North Parlin, NJ
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Section 8
Air Conditioning
1 - 1 of 1 Results

Apartments near 08859

5 Results
47
$1,889
30 Worlds Fair Dr Franklin, NJ
Studio | Available Now
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Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
11
$3,875
Franklin Township, NJ
4 BR | Available Now
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Dog Friendly
Cat Friendly
House
Dishwasher
20
$2,300
Franklin Township, NJ
2 BR | Jun. 1, 2024
Contact
Balcony/Deck/Patio
Storage
Dishwasher
31
$2,575
Somerset, NJ
2 BR | Jun. 15, 2024
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House
Storage
23
$1,835 - 2,704
701 Royal Oaks Court Monmouth Junction, NJ
1 - 2 BR | Available Now
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Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
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  3. Franklin Park
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How much does it cost to rent an apartment in 08859?

08859 apartments
Bed Type Average Rent Range
1BR $1,810 $1,800 - $2,050
2BR $2,250 $1,940 - $2,950
Find an Apartment in 08859
Looking for apartments for rent near 08859 in Franklin Park, NJ? Rentable has a variety of rental options available in this area. Currently, there are 25 units available for rent, with the average rent in 08859 being $2,060. The minimum rent for a 1-bedroom floor plan starts at $1,800.

The 08859 area is known for its convenient location and proximity to various points of interest. Nearby, you'll find beautiful parks like Franklin Park, perfect for outdoor activities and picnics. Additionally, this area offers easy access to shopping centers and dining options, providing residents with a range of amenities and conveniences.

If you're looking for apartments near 08859 in Franklin Park, NJ, Rentable has a selection of rental options to choose from. Explore our listings and find the perfect apartment that suits your needs and preferences.

Franklin Park:
May Rent Report

Welcome to the May 2024 Franklin Park Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Franklin Park rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Franklin Park and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Franklin Park average rent prices in the chart below.

Monthly Rent Report

$2,450
$1,840
$1,230
$610
$0
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
1 BR       2 BR

Franklin Park Rent Prices Decrease From April to May

Franklin Park rent prices decreased over the last month. From April to May, the city experienced a -0.37% decrease for the price of a one-bedroom apartment. The rent price for a Franklin Park one-bedroom apartments currently stands at $1,883.0.

When we take a look at the two-bedroom comparison from April to May, Franklin Park experienced a -0.04% decrease for the price of a two-bedroom apartment. The rent price for a Franklin Park two-bedroom apartments currently stands at $2,392.0.

May Prices: Franklin Park vs. Surrounding Areas

Rent Prices in Franklin Park and Surrounding Areas

Rent prices have decreased in Franklin Park over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Franklin Park suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Franklin Park suburbs

  • Rents did not decrease in any of the Franklin Park suburbs.

May 2024 Pricing Trends: Franklin Park vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,994
$3,038
$2,355
$2,347
$1,893
$1,300
$1,264
$1,145
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

Franklin Park Rent Prices More Affordable Than Major Cities

Rent growth in Franklin Park over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Franklin Park average rent prices appear to be relatively affordable for local residents.

The price for a Franklin Park one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Franklin Park and surrounding area rent prices, take a look at the complete data set below.

Data set for Franklin Park and suburbs

1 BR May 1 BR M/M % Change 2 BR May 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.