Cheap Homes for Rent in Granite Bay, CA from $1,200 (6 Rentals)

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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.

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.

Granite Bay, CA Local Guide

Cheapest Neighborhoods for Apartments in Granite Bay, CA

Pricing Updated: 06/23/2026

Current apartment rentals in the Granite Bay, CA area range in price from $1,550 to $68,000 with an overall median price of $48,784. The three Granite Bay neighborhoods with the lowest median rent pricing are Carolinda Ranch Estates at $2,750, Eastridge at $1,575, and Lakeview at $2,000. 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$2,750$2,7501
Eastridge$4,012$1,5754
Lakeview$15,000$2,0003
Parrott Drive Area$15,000$1,5509
Tobin Clark Estate$15,000$1,5507
Carolands$68,000$4,5957
Country Club Manor$68,000$2,0007
Hillsborough Heights$68,000$1,55012
Hillsborough Hills$68,000$5,5005
Hillsborough Knolls$68,000$2,00010

Cheapest Available Granite Bay Apartments for Rent and Nearby

 

The cheapest available apartment rental in Granite Bay, CA is a 1 Bed unit found at Pepperwood in the Maidu neighborhood priced from $1,545. Cirby Creek Senior Apartments in the Stoneridge East Village neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,700. Here is today’s list of the most affordable Granite Bay apartments for rent:

Apartment ListingModel NameBed/BathPriced From
PepperwoodOne Bedroom1BR,1BA$1,545
Cirby Creek Senior Apartments1 Bedroom Apartment1BR,1BA$1,700
Rosemeade at Olympus PointeMum Floor Plan 11F1BR,1BA$1,728

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

As of June 23, 2026 the best value apartment in the Granite Bay area is the $1.97 price per square foot Residence 3 Luxury Model at Shaliko Apartment Homes in the in the Stoneridge East Village neighborhood starting from $2,211. The second greatest value Granite Bay apartment is the Floor Plan D Model at Sierra Gateway Apartments starting at $2,431 with a $2.32 price per square foot in the Stoneridge East Village 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.
Shaliko Apartment HomesResidence 3 Luxury2BR,2BA$1.97
Sierra Gateway ApartmentsFloor Plan D2BR,2BA$2.32
Sutter RidgeThe Summit2BR,1BA$2.37
The Easton2x12BR,1BA$2.07
Rocklin Manor ApartmentsTwo Bedroom-Two Bath2BR,2BA$2.70
The AVA Apartments1BD, 1BTH D1BR,1BA$2.50
StoneridgeOnyx1BR,1BA$2.55
Rosemeade at Olympus PointeMum Floor Plan 11F1BR,1BA$2.36
Folsom Ranch ApartmentsChardonnay1BR,1BA$2.68
PepperwoodOne Bedroom1BR,1BA$2.53

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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Real 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.

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

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Frequently Asked Questions about Granite Bay

What type of rentals are currently available in Granite Bay?

There are currently 72 Apartments for Rent in Granite Bay, CA with pricing that ranges from $1,700 to $4,279. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Granite Bay ranging from $1,295 to $4,575.

What is the current price range for Rental Homes in Granite Bay?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Granite Bay ranges from $1,295 to $4,575 with an average monthly rent of $2,242.

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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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.

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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.