Cheap Apartments for Rent in the American River Canyon Neighborhood of Folsom, CA from $500 (19 Rentals)

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Search the lowest-cost Apartments available for rent right now in the American River Canyon area of Folsom.

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.

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209 Talisman Dr
2 Bedroom Apartments

209 Talisman Dr

209 Talisman DrFolsom, CA 95630
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Bidwell
Studio to 2 Bedroom Apartments

Bidwell

425 E Bidwell StFolsom, CA 95630
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51 Dean Way
1 Bedroom Apartments

51 Dean Way

51 Dean WayFolsom, CA 95630
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Rivers Bend Apartments
Studio to 2 Bedroom Apartments

Rivers Bend Apartments

6047 Woodminster CirFolsom, CA 95662
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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American River Canyon, Folsom, CA Local Guide

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 $1,405. 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 ListingModel NameBed/BathPriced From
Hazel Wood Apartments1x11BR,1BA$1,405
Bidwell PointeStudioStudio,1BA$1,500
Folsom GatewayCedar1BR,1BA$1,504
Lake PointeSandpiper1BR,1BA$1,650
Folsom Ranch ApartmentsCabernet1BR,1BA$1,804

Best Value Apartments for Rent in American River Canyon, CA

As of January 31, 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 Valencia Model at The Grove Residences starting at $1,950 with a $2.23 price per square foot in the Eastridge neighborhood. Here is today’s list of the best values for American River Canyon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Bidwell PointeSerene2BR,2BA$2.24
The Grove ResidencesThe Valencia2BR,1BA$2.23
Canyon Terrace ApartmentsThe Plateau1BR,1BA$3.47
Folsom Ranch ApartmentsChardonnay1BR,1BA$2.67
Lake PointeSandpiper1BR,1BA$2.45
Folsom GatewayCedar1BR,1BA$2.31
Hazel Wood Apartments1x11BR,1BA$2.51

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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.

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Pet Friendly Lifestyle
American River Canyon, Folsom, CA

Ranked #12

Among cities in California for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Best Local Schools in
American River Canyon, Folsom, CA

School data provided by Great Schools

Frequently Asked Questions about Cheap American River Canyon Apartments

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 $1,405, while the average apartment in American River Canyon costs $2,485.

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

decorative image for Finding an Affordable Gem: A Sacramento Locals Guide to the Best Bang-for-Your-Buck Neighborhoods to Rent article

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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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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.

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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.