Cheap Apartments for Rent in Granite Bay, CA from $800 (4 Rentals)

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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.

Granite Bay, CA Local Guide

Cheapest Neighborhoods for Apartments in Granite Bay, CA

Pricing Updated: 12/29/2025

Current apartment rentals in the Granite Bay, CA area range in price from $850 to $12,990 with an overall median price of $6,298. The three Granite Bay neighborhoods with the lowest median rent pricing are Carolinda Ranch Estates at $1,760, Eastridge at $850, and Sierra Ridge Estates at $1,695. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Granite Bay Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Carolinda Ranch Estates$2,200$1,76035
Eastridge$2,595$850119
Sierra Ridge Estates$2,692$1,69575
Treelake$2,715$85059
Lakeview$3,830$2,20527
Tobin Clark Estate$5,079$2,09568
Country Club Manor$7,995$2,070307
Hillsborough Heights$7,995$2,19579
Hillsborough Hills$7,995$2,070295
Hillsborough Knolls$7,995$2,19551

Best Value Apartments for Rent in Granite Bay, CA and Nearby

As of December 30, 2025 the best value apartment in the Granite Bay area is the $2.64 price per square foot Residence 5 Luxury Model at Deer Valley Apartment Homes in the in the Stoneridge East Village neighborhood starting from $2,750. The second greatest value Granite Bay apartment is the BRAND NEW - The Peak Model at Canyon Terrace Apartments starting at $2,660 with a $2.70 price per square foot in the Folsom Area neighborhood. Here is today’s list of the best values for Granite Bay apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Deer Valley Apartment HomesResidence 5 Luxury2BR,2BA$2.64
Canyon Terrace ApartmentsBRAND NEW - The Peak2BR,2BA$2.70
The AVA Apartments2BD, 2BTH SU2BR,2BA$2.46
Sutter RidgeThe Summit2BR,1BA$2.31
THE PHOENICIANTyana1BR,1BA$2.61
StoneridgeOnyx1BR,1BA$2.61
Lake PointeBeachcomber1BR,1BA$2.67
Slate CreekDesign 1A Premier 21BR,1BA$2.66
Folsom Ranch ApartmentsChardonnay1BR,1BA$2.86
PepperwoodOne Bedroom1BR,1BA$2.72

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

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Frequently Asked Questions about Cheap Granite Bay Apartments

What is the price of a cheap apartment in Granite Bay?

The cheapest apartment in Granite Bay is Canyon Terrace Apartments which is listed at $1,585, while the average apartment in Granite Bay costs $6,298.

What types of apartments are the cheapest in Granite Bay?

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 53 regular apartments in Granite Bay 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 Granite Bay?

Cheap apartments in Granite Bay have an average cost of $517 which is $5,781 cheaper than the average rent for all rentals in Granite Bay.

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

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!