
Cheap Apartments for Rent in the American River Canyon Neighborhood of Folsom, CA from $500 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the American River Canyon area of Folsom.


Canyon Terrace Apartments

Lake Pointe

Bidwell Pointe

Lakeside Townhomes

264-268 Montrose Dr
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.

Bidwell Street Studios

209 Talisman Dr

Bidwell

The Cottages at Folsom

51 Dean Way

Rivers Bend Apartments
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.

Mormon Street Commons

Hazel Wood Apartments

Rollingwood Duplex Homes

Folsom Gateway

Wellquest Senior at Granite Bay Living

Orangevale Plaza Townhomes
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.
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 | $1,535 | $1,475 | $1,595 |
| American River Canyon 1 Bedroom Apartments | $1,957 | $1,410 | $2,344 |
| American River Canyon 2 Bedroom Apartments | $2,283 | $1,919 | $2,850 |
| American River Canyon 3 Bedroom Apartments | $2,682 | $2,335 | $4,279 |
Browse Apartments in this Neighborhood
There are currently 18 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 $1,410. 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 Renovated | 1BR,1BA | $1,410 |
| Bidwell Pointe | Studio | Studio,1BA | $1,500 |
| Folsom Gateway | Cedar | 1BR,1BA | $1,525 |
| Folsom Ranch Apartments | Chardonnay | 1BR,1BA | $1,888 |
| Lake Pointe | Sandpiper | 1BR,1BA | $1,935 |
Best Value Apartments for Rent in American River Canyon, CA
As of July 05, 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 The Plateau Model at Canyon Terrace Apartments starting at $2,344 with a $3.35 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 |
| Canyon Terrace Apartments | The Plateau | 1BR,1BA | $3.35 |
| Folsom Ranch Apartments | Chardonnay | 1BR,1BA | $2.74 |
| Lake Pointe | Sandpiper | 1BR,1BA | $2.87 |
| Folsom Gateway | Cedar | 1BR,1BA | $2.35 |
| Hazel Wood Apartments | Studio Cottage | Studio ,1BA | $3.63 |
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
2.5Pet 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 the Cheapest Studio apartment in American River Canyon?
Currently the most affordable Cheap Studio Apartment in American River Canyon is at Hazel Wood Apartments listed at $1,475.
How much is rent for a Cheap One Bedroom American River Canyon Apartment?
The lowest price for a Cheap One Bedroom American River Canyon Apartment is $1,410 at Hazel Wood Apartments.
What is the lowest price for a Cheap Two Bedroom American River Canyon Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in American River Canyon is starting from $1,985 at Folsom Gateway.
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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.