
Cheap Apartments for Rent in the Franklin Laguna Neighborhood of Elk Grove, CA from $800 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the Franklin Laguna area of Elk Grove.


Lake Point

Renwick Square
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

The Mesa at Laguna Ridge

Montego Falls

The Gardens at Quail Run
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Franklin Laguna, Elk Grove, CA Local Guide

How much does it cost to rent an apartment in Franklin Laguna?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin Laguna Studio Apartments | $2,699 | $2,699 | $2,699 |
| Franklin Laguna 1 Bedroom Apartments | $2,000 | $1,774 | $2,294 |
| Franklin Laguna 2 Bedroom Apartments | $2,474 | $2,000 | $2,711 |
| Franklin Laguna 3 Bedroom Apartments | $2,821 | $2,455 | $3,389 |
Browse Apartments in this Neighborhood
There are currently 6 rentals with your search options within a 3 mile radius of the Franklin Laguna Neighborhood of Elk Grove, CA.
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Franklin Laguna, Elk Grove, CA Local Guide
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Cheapest Available Franklin Laguna Apartments for Rent
 The cheapest available apartment rental in the Franklin Laguna area of Sacramento, CA is a 1 Bed unit found at Siena Villas priced from $1,774. Emerald Vista Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,850. Here are the most affordable Franklin Laguna apartments for rent in Sacramento, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Siena Villas | Riviera | 1BR,1BA | $1,774 |
| Emerald Vista Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,850 |
| CASTELLINO @ LAGUNA WEST | Villa Piza | 1BR,1BA | $1,905 |
Best Value Apartments for Rent in Franklin Laguna, CA
As of June 07, 2026 the best value apartment in the Franklin Laguna area is the $2.52 price per square foot Plan 1 Model at Tricon Elk Grove in the in the Glenbrooke neighborhood starting from $2,549. The second greatest value Franklin Laguna apartment is the The Arezzo Model at Stonelake Apartments Homes starting at $2,099 with a $2.72 price per square foot in the Serenade neighborhood. Here is today’s list of the best values for Franklin Laguna apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Tricon Elk Grove | Plan 1 | 2BR,2.5BA | $2.52 |
| Stonelake Apartments Homes | The Arezzo | 1BR,1BA | $2.72 |
| Siena Villas | Riviera | 1BR,1BA | $2.43 |
| CASTELLINO @ LAGUNA WEST | Villa Piza | 1BR,1BA | $2.61 |
| Emerald Vista Apartments | 1 Bed, 1 bath | 1BR,1BA | $2.54 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleFranklin Laguna, Elk Grove, CA
Ranked #4
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Franklin Laguna, Elk Grove, CA
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across California, including Elk Grove. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, family-friendly amenities, raising pets, transit options, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Franklin Laguna Apartments
How much is rent for a Cheap One Bedroom Franklin Laguna Apartment?
The lowest price for a Cheap One Bedroom Franklin Laguna Apartment is $1,774 at Siena Villas.
What is the lowest price for a Cheap Two Bedroom Franklin Laguna Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Franklin Laguna is starting from $2,000 at Emerald Vista Apartments.
What is the most affordable Franklin Laguna Three Bedroom Apartment?
The best deal on a cheap Franklin Laguna Three Bedroom Apartment rental is at CASTELLINO @ LAGUNA WEST and starts from $2,505.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Finding an Affordable Gem: A Sacramento Locals Guide to the Best Bang-for-Your-Buck Neighborhoods to Rent
Written by: Carrie Catalano
Hi there, I'm Carrie, your ApartmentHomeLiving.com Local Expert for Sacramento, California. I was born and raised in Sacramento, and started my own family here.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.