Market Summary

Franklin Lakes, Bergen County, NJ

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Median Home Price Price

$1,430,277 $1.4M

Median Monthly Rent Rent

$4,073 $4.1K

GRM

29.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Bergen County

Region Price Rent GRM Display
$1,148,667 $2,417 40.0x
$700,245 $4,319 14.0x
$1,034,080 $3,250 27.0x
$1,084,155 $4,513 20.0x
$1,087,016 $3,495 26.0x
$1,168,526 $4,462 22.0x
$960,142 $3,838 21.0x
$1,104,999 $3,210 29.0x
$2,048,933 $4,270 40.0x
$1,609,082 $4,273 31.0x
$1,177,321 $3,614 27.0x

Home prices

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Monthly rent

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GRM

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Similar markets within NJ outside of Bergen County

Region Price Rent GRM Display
$1,266,045 $2,336 45.0x
$950,091 $3,993 20.0x
$1,164,767 $2,995 32.0x
$1,009,183 $3,795 22.0x
$1,325,885 $4,512 24.0x
$1,212,089 $3,240 31.0x
$957,569 $2,833 28.0x
$1,239,373 $2,866 36.0x
$781,609 $4,215 15.0x
$1,174,400 $3,572 27.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of NJ

Region Price Rent GRM Display
$1,497,946 $2,771 45.0x
$1,134,886 $2,948 32.0x
$1,225,391 $2,992 34.0x
$1,884,030 $4,338 36.0x
$1,097,419 $2,317 39.0x
$712,028 $4,351 14.0x
$1,248,203 $4,417 23.0x
$1,274,156 $4,406 24.0x
$290,286 $1,150 21.0x
$1,422,335 $2,783 42.0x
$646,513 $1,901 29.0x
$699,166 $1,833 32.0x
$1,545,741 $2,969 43.0x
$674,260 $3,467 16.0x
$306,785 $936 28.0x
$1,054,237 $1,342 66.0x
$2,092,904 $4,473 39.0x
$1,338,350 $2,678 42.0x
$1,333,625 $3,454 32.0x
$506,938 $4,269 10.0x
$1,268,170 $3,507 30.0x
$1,268,985 $4,120 26.0x
$1,646,175 $3,531 39.0x
$1,360,792 $2,762 41.0x
$773,828 $2,353 27.0x

Home prices

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Monthly rent

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GRM

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Franklin Lakes

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Trend Insights

Median Rent in Franklin Lakes, NJ is $4,073, with MoM change +$50 and YoY change +$401 pointing to positive momentum while volatility is low (std $102).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Franklin Lakes, NJ.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Franklin Lakes, NJ
Compare market Select a market
Delta vs base
Median rent
$4,073
N/A
Median price
$1,430,277
N/A
YoY change
+$401
N/A
Price-to-rent
29.3x
Data unavailable
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