
Cheap Apartments for Rent in the American River Canyon Neighborhood of Folsom, CA from $500 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the American River Canyon area of Folsom.


203 Talisman Dr

Bidwell Pointe

106 Persifer St, Unit 1

Canyon Terrace Apartments

106 Persifer St, Unit 2
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.

Lake Pointe

Folsom Ranch Apartments

Total Monthly Price
612 Figueroa St, Unit peddlers Landing, Unit peddlers Landing

405 Reading St

Bidwell

Natoma Arms
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.

Chalet Apartments

Rivers Bend Apartments

910 Mormon St

The Cottages at Folsom

301 1/2 Coloma St

9487 Dalton Way
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Hazel Wood Apartments

Folsom Gateway

The Grove Residences

6431 Benning St, Unit # 6421-10

6239 Pecan Ave

6047 Woodminster Cir
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

9304 Orangevale Ave
American River Canyon, Folsom, CA Local Guide

How much does it cost to rent an apartment in American River Canyon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| American River Canyon Studio Apartments | $1,514 | $1,500 | $1,550 |
| American River Canyon 1 Bedroom Apartments | $1,993 | $1,375 | $2,275 |
| American River Canyon 2 Bedroom Apartments | $2,225 | $1,400 | $2,850 |
| American River Canyon 3 Bedroom Apartments | $2,500 | $2,296 | $2,747 |
Browse Apartments in this Neighborhood
There are currently 25 rentals with your search options within a 2 mile radius of the American River Canyon Neighborhood of Folsom, CA.
See all Apartments in FolsomExplore Folsom
American River Canyon, Folsom, CA Local Guide
- Nearby Folsom neighborhoods
- Nearby Cities
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Cheapest Available American River Canyon Apartments for Rent
 The cheapest available apartment rental in the American River Canyon area of Sacramento, CA is a 1 Bed unit found at Hazel Wood Apartments priced from $1,375. Bidwell Pointe has the second lowest priced unit, which is a Studio apartment currently listed from $1,500. Here are the most affordable American River Canyon apartments for rent in Sacramento, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hazel Wood Apartments | 1x1 | 1BR,1BA | $1,375 |
| Bidwell Pointe | Studio | Studio,1BA | $1,500 |
| Canyon Terrace Apartments | The Plateau | 1BR,1BA | $1,729 |
| The Grove Residences | The Valencia | 2BR,1BA | $1,950 |
| Lake Pointe | Sandpiper | 1BR,1BA | $1,960 |
Best Value Apartments for Rent in American River Canyon, CA
As of May 21, 2026 the best value apartment in the American River Canyon area is the $2.24 price per square foot Serene Model at Bidwell Pointe in the in the Folsom Area neighborhood starting from $2,200. The second greatest value American River Canyon apartment is the 612 Figueroa St Model at 612 Figueroa St, Unit peddlers Landing starting at $2,100 with a $2.21 price per square foot in the Folsom Area neighborhood. Here is today’s list of the best values for American River Canyon apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Bidwell Pointe | Serene | 2BR,2BA | $2.24 |
| 612 Figueroa St, Unit peddlers Landing | 612 Figueroa St | 1BR,1BA | $2.21 |
| The Grove Residences | The Valencia | 2BR,1BA | $2.23 |
| Canyon Terrace Apartments | BRAND NEW - The View | 1BR,1BA | $3.25 |
| Folsom Ranch Apartments | Chardonnay | 1BR,1BA | $2.86 |
| Lake Pointe | Sandpiper | 1BR,1BA | $2.91 |
| Hazel Wood Apartments | 1x1 W/Patio | 1BR,1BA | $2.89 |
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 LifestyleAmerican River Canyon, Folsom, CA
Ranked #11
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in American River Canyon, Folsom, CA
Casa Roble Fundamental High
Louis Pasteur Fundamental Middle
School data provided by Great Schools
Frequently Asked Questions about Cheap American River Canyon Apartments
What is a cheap apartment in American River Canyon?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in American River Canyon is under $1,975.
What is the price of a cheap apartment in American River Canyon?
The cheapest apartment in American River Canyon is Hazel Wood Apartments which is listed at $1,375, while the average apartment in American River Canyon costs $2,445.
What types of apartments are the cheapest in American River Canyon?
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 2 regular apartments in American River Canyon that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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 Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.