Cheap Homes for Rent in Folsom, CA from $1,500 (13 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in 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.

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.

Folsom, CA Local Guide

Cheapest Available Folsom Apartments for Rent

 

The cheapest available apartment rental in Folsom, CA is a 1 Bed unit found at The Hills in the Outer Folsom Orangevale Fair Oaks neighborhood priced from $1,430. Hazel Wood Apartments in the Northridge Hills neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,490. Here is today’s list of the most affordable Folsom apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Hills1x11BR,1BA$1,430
Hazel Wood ApartmentsStudioStudio,1BA$1,490
Bidwell PointeStudioStudio,1BA$1,500
Hazel Ranch1 Bedroom1BR,1BA$1,597
Rollingwood Condominium Rentals1 Bed - 1 Bath1BR,1BA$1,600

Best Value Apartments for Rent in Folsom, CA

As of September 15, 2025 the best value apartment in the Folsom area is the $1.80 price per square foot 3x2 two car Model at Rollingwood Duplex Homes in the in the American River Canyon neighborhood starting from $2,525. The second greatest value Folsom apartment is the Alderwood Model at Lake Forest at El Dorado Hills starting at $2,299 with a $2.32 price per square foot in the Governor Village neighborhood. Here is today’s list of the best values for Folsom apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Rollingwood Duplex Homes3x2 two car3BR,2BA$1.80
Lake Forest at El Dorado HillsAlderwood1BR,1BA$2.32
Bidwell PointeSerene2BR,2BA$2.24
Huntcliffe ApartmentsThe Village2BR,2BA$2.12
El Dorado VillageThe Birch2BR,1BA$2.39
Fairmont at Willowcreek1C1BR,1BA$2.33
1000 Sibley Apt Homes2-bedroom2BR,1.5BA$2.24
Rollingwood Condominium Rentals1 Bed - 1 Bath1BR,1BA$2.12
The Hills1x11BR,1BA$2.10
4313 Kentwood Ln, Unit Studio4313 Kentwood LnStudio ,1BA$2.15

Quick 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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Folsom, CA Rentals by Map

View Map
Folsom, CA Apartments Map
View Map
Folsom, CA Rental Homes Map

Frequently Asked Questions about Folsom

What type of rentals are currently available in Folsom?

There are currently 116 Apartments for Rent in Folsom, CA with pricing that ranges from $1,395 to $4,945. There are also 69 Single Family Homes for rent, Condos, and Townhome rentals currently available in Folsom ranging from $1,500 to $6,500.

What is the current price range for Rental Homes in Folsom?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Folsom ranges from $1,500 to $6,500 with an average monthly rent of $3,093.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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.

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.