
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
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The Mesa at Laguna Ridge

Montego Falls

The Gardens at Quail Run
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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 | $2,099 | $2,099 | $2,099 |
| Franklin Laguna 1 Bedroom Apartments | $1,999 | $1,710 | $2,863 |
| Franklin Laguna 2 Bedroom Apartments | $2,523 | $2,000 | $3,639 |
| Franklin Laguna 3 Bedroom Apartments | $3,243 | $2,591 | $4,315 |
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 $1,680. CASTELLINO @ LAGUNA WEST has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,710. 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 | $1,680 |
| CASTELLINO @ LAGUNA WEST | Villa Piza | 1BR,1BA | $1,710 |
| Emerald Vista Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,850 |
Best Value Apartments for Rent in Franklin Laguna, CA
As of January 21, 2026 the best value apartment in the Franklin Laguna area is the $2.08 price per square foot 3 bedrooms, 2 bathrooms Model at Lake Point in the in the Serenade neighborhood starting from $2,625. The second greatest value Franklin Laguna apartment is the The Donnini Model at Stonelake Apartments Homes starting at $2,836 with a $2.29 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. |
|---|---|---|---|
| Lake Point | 3 bedrooms, 2 bathrooms | 3BR,2BA | $2.08 |
| Stonelake Apartments Homes | The Donnini | 3BR,2BA | $2.29 |
| Tricon Elk Grove | Plan 1 | 2BR,2.5BA | $2.72 |
| CASTELLINO @ LAGUNA WEST | Villa Piza | 1BR,1BA | $2.35 |
| Siena Villas | Riviera | 1BR,1BA | $2.35 |
| Emerald Vista Apartments | 1 Bed, 1 bath | 1BR,1BA | $2.54 |
| Mosa Apartments | 1 Bedroom | 1BR,1BA | $2.75 |
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.
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Read ArticleQuick Rent Budget Calculator
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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
What is the price of a cheap apartment in Franklin Laguna?
The cheapest apartment in Franklin Laguna is Siena Villas which is listed at $1,680, while the average apartment in Franklin Laguna costs $3,027.
What types of apartments are the cheapest in Franklin Laguna?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 1 regular apartments in Franklin Laguna that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Franklin Laguna?
Cheap apartments in Franklin Laguna have an average cost of $246 which is $2,781 cheaper than the average rent for all rentals in Franklin Laguna.
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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.