Canyon Terrace Apartments
101 Canyon Terrace Ln,
Folsom, CA 95630
1-3 Beds | $1,690 - $3,250
Rental Market Trends in Folsom, CA
What is the average rent in Folsom, CA?
$2,069/month
Average Rent
772 Sq Ft
Average Apartment Size
-1.3%
Decrease in the Last Year
As of April 2025, the average rent in Folsom, CA is $2,069 per month. This is 27% higher than the national average rent price of $1,623/month, making Folsom one of the most expensive cities in the US. When you rent an apartment in Folsom, you can expect to pay about $1,686 per month for a studio, $2,069 for a one-bedroom apartment, and around $2,411 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,906 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Folsom, CA?
In the past year, rent has decreased by 1.3%, which averages out to $26 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2025
Legend
2024
2025
Rent Ranges in Folsom, CA
Last Updated April 2025
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
3%
$700 - $1,000/month
17%
$1,001 - $1,500/month
7%
$1,501 - $2,000/month
72%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Folsom?
Based on current rent prices, Willow Creek Estates South, American River Canyon and Broadstone are the most affordable neighborhoods in Folsom.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Folsom?
Based on current rent prices, Prairie Oaks, Broadstone and American River Canyon are the most expensive neighborhoods in Folsom.
Neighborhood
Average Rent
Average Sq Ft
Which Folsom neighborhoods have the most rentals available?
The neighborhoods in Folsom with the most apartments available are Broadstone, Willow Creek Estates South and American River Canyon .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Folsom, CA?
Because the average rent in Folsom is $2,069, you’ll want to make about $6,896 per month or $82,752 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Folsom, CA compare to other nearby cities and neighborhoods?
Use the tool below to compare Folsom, CA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
-
One Bedroom
$1,975/month
$2,044/month
Two Bedroom
$2,228/month
$2,443/month
Three Bedroom
$2,425/month
$2,789/month
Nearby City Rent Trends
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RCMI
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The Ezralow Company/First Pointe Management
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31
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Avenue5 Residential
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.
* Percentages may not total 100 due to rounding.