salaryRent here is among the highest 10% in the country. A typical house costs about 3.1 years of household income. Commutes are long, about 32.8 minutes each way.
How much money do I need?
To rent here comfortably, you should earn about $112,200 a year. That is $54 an hour at a full-time job.
Is rent cheaper than other New Jersey cities?
No. Rent here is more expensive than in most of New Jersey. It is number 224 of 291 cities from cheapest to most expensive.
How much do households earn in East Franklin?
Share of households by yearly income. 45.4% of households earn $100,000 or more.
Rent by apartment size in East Franklin
| Size | East Franklin | U.S. average |
|---|---|---|
| 1 bedroom | $1,850 | $1,324 |
| 2 bedrooms | $2,124 | $1,509 |
| 3 bedrooms | $2,783 | $1,698 |
| 4 bedrooms | $2,610 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is East Franklin overall?
Everyday prices in New Jersey overall are 9% above the U.S. average (index 108.8, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for East Franklin, so the New Jersey figure is shown.
Taxes and bills in East Franklin
Life in East Franklin
Is it cheaper to rent or buy in East Franklin?
Buying is cheaper month to month: about $127 a month less than renting.
Owning assumes a typical $385,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $38,590 for the down payment.
Frequently asked questions
What is the average rent in East Franklin, NJ?
Renting in East Franklin costs a median of about $2,805 a month in 2026, including utilities. The New Jersey median is $2,240.
How much do I need to make to live in East Franklin?
To keep rent under 30% of income, you need about $112,200 a year, or $54 an hour at a full-time job.
Is East Franklin cheap or expensive?
East Franklin is rated OK: rent takes 27.0% of the typical household income of $124,521. It ranks 224th cheapest of 291 New Jersey cities we track.
How much are property taxes in East Franklin?
The median homeowner in East Franklin pays $6,466 a year in property taxes, about 1.68% of the median home value.
Is East Franklin more expensive than the national average?
Overall prices in New Jersey are 9% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in East Franklin?
The median home value in East Franklin is $385,900, about 3.1 times the typical yearly household income.
11,070 people live in East Franklin. Numbers are typical (middle) values.