How much does it cost to rent in Folsom, CA?

As of August 2026, the median monthly rent in Folsom, CA is $2,670. This figure is based on aggregated data from public sources and community-submitted rents.

Is Folsom cheaper than other California cities?

Folsom falls in the middle range for California, ranking #227 out of 381 cities at $2,670/mo.

When was Folsom rent data last updated?

Folsom rent data reflects August 2026 and was last refreshed on August 17, 2026. RentDataNow refreshes all data monthly using public and private datasets.

What is the Fair Market Rent in Folsom, CA?

HUD sets the Fair Market Rent for a two-bedroom home in Folsom, CA at $2,840 per month, which is 6% above the $2,670 market median. Fair Market Rent is the Housing Choice Voucher (Section 8) payment standard. It is a 40th-percentile gross rent that includes essential utilities such as electricity, water, gas, sewer, and trash, and HUD updates it once a year, so it measures something different from current market asking rent.

City Report · CA

Folsom

Name: Average Rent Prices in Folsom, CA
Creator: RentDataNow
License: https://creativecommons.org/licenses/by/4.0/

Pop. 83,916·227th most expensive in California·Folsom rents are up 8.9% over the past year

Median rent (all units)

$2,670/mo

Year-over-Year

+8.9%

Month-over-Month

+0.6%

vs US Median

+$708

Rising (Monthly)

Be the first to discuss Folsom rents ↓

Most AffordableMost Expensive

Folsom · $2,670

More expensive than 84% of US cities · National median $1,962/mo

Rent Reality Score

61/100

Good value

OverheatedFairGreat value

Rents are 6% below what Folsom's 10-year trend predicts — a better deal than its own history suggests.

Actual rent

$2,670/mo

Expected by trend

$2,826/mo

The Rent Reality Score compares today's median rent to where Folsom's own long-run trajectory projects it should be. See the full rankings →

Medians by bedroom

Rent by unit size

Studio

$2,160

1 BR

$2,290

2 BR

$2,840

3 BR

$3,850

4 BR+

$4,450

Fair Market Rent (HUD)

$2,840/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,670 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

Loading…

Last updated: August 17, 2026

Annual cost

$32,040/yr

At $2,670/mo median

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 8.9% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+8.9% YoY, +0.6% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Folsom, CA is majority owner-occupied, has a median income above the national average, 54.9% of residents hold a bachelor's degree or higher.

Population

83,916

Median income

$139,804

Median age

Renters

30.3%

Age distribution

22.7%

17.7%

32%

12.8%

14.8%

Under 1822.7%

18–3417.7%

35–5432%

55–6412.8%

65+14.8%

Gender

49.8%

50.2%

Male49.8%

Female50.2%

Race & ethnicity

58.4%

13.9%

20%

White58.4%

Black5.4%

Hispanic13.9%

Asian20%

Other2.3%

Education (25+)

13.4%

25.6%

54.9%

No HS diploma6.1%

HS diploma13.4%

Some college25.6%

Bachelor's+54.9%

Housing tenure

69.7%

30.3%

Owner69.7%

Renter30.3%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Folsom, CA has changed in 5 years

Rent

$2,162 → $2,670

up 23.5%

Income

$128,421 → $139,804

up 8.9%

Population

79,201 → 83,916

up 6.0%

Renter share

30.7% → 30.3%

-0.4 pts

Bachelor's+

51.7% → 54.9%

+3.2 pts

Median age

40.3 → 41

+0.7 yrs

Compared with 2021, rent in Folsom, CA has increased by $508 per month, settling near $2,670 after starting the period at $2,162. Local incomes tracked alongside that move, going from a median of $128,421 in 2021 to $139,804 more recently. Rent outpaced income growth by roughly 14.6 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 79,201 to 83,916 between 2021 and 2024, a 6.0% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 51.7% to 54.9%. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Folsom, CA market of 2021.

Community

Discussions about Folsom

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View Folsom rent history (2015–2026) →

Salary vs rent

Can you afford rent in Folsom on your salary?

At $2,670/mo, how Folsom rent compares to typical pay (30% rule).

Registered Nurse

Avg $111,486/yr · Rent = 28.7% income

affordable

Elementary School Teacher

Avg $79,154/yr · Rent = 40.5% income

rent-burdened

Police Officer

Avg $91,179/yr · Rent = 35.1% income

stretched

Software Developer

Avg $162,970/yr · Rent = 19.7% income

very comfortable

Lawyer

Avg $208,235/yr · Rent = 15.4% income

very comfortable

Firefighter

Avg $74,116/yr · Rent = 43.2% income

rent-burdened

Truck Driver

Avg $66,918/yr · Rent = 47.9% income

rent-burdened

Electrician

Avg $82,482/yr · Rent = 38.8% income

stretched

By apartment size

Folsom rent by bedroom count

Median rent for each apartment size in Folsom. Click any size for full breakdown.

Local insights

Tips for renters in Folsom

About renting in Folsom, CA

Last updated: August 17, 2026

The median rent in Folsom is $2,670/mo as of August 2026. A studio apartment averages $2,160/mo while a 2-bedroom runs $2,840/mo. One-bedroom apartments average $2,290/mo and 3-bedroom units go for $3,850/mo.

At 23% of local median household income ($139,804/yr), Folsom ranks as affordable compared to the national benchmark of 30%. Rents have increased 8.9% over the past year.

FAQ

Frequently asked questions

Is Folsom an affordable city for renters?

Folsom is considered very affordable for renters. At $2,670/mo, rent takes approximately 23% of the local median household income ($139,804/yr). The standard benchmark is 30%. Folsom falls comfortably within that range.

How much income do you need to rent in Folsom?

To keep rent at or below 30% of gross income, you would need to earn at least $107,000/year (~$51/hour full-time) to afford the median rent of $2,670/mo in Folsom. The local median household income is $139,804/yr, meaning the typical Folsom household meets that threshold.

Is rent going up or down in Folsom?

Rent in Folsom has increased 8.9% over the past year as of August 2026, putting upward pressure on renter budgets.

How does Folsom rent compare to other cities in California?

Folsom is middle-of-the-pack for California for rent, ranking #227 out of 381 tracked cities at $2,670/mo.

Which nearby cities are cheaper to rent in than Folsom?

Several nearby cities have lower median rents than Folsom ($2,670/mo): Citrus Heights ($1,910/mo), Fair Oaks ($2,040/mo), Orangevale ($2,149/mo).

What percentage of Folsom residents rent vs. own?

According to Census data, approximately 30.3% of Folsom households are renters, while 69.7% are owner-occupied. Folsom leans toward homeownership, which can mean a smaller rental inventory.

How does Folsom rent compare to the national average?

Folsom's median rent of $2,670/mo is $708 (36%) above the US national median of $1,962/mo. Within California, it ranks #227 out of 381 tracked cities.

Income Affordability

23%

VERY AFFORDABLE

At $2,670/mo, rent takes ~23% of Folsom's median household income ($139,804/yr). The standard benchmark is 30%.

Folsom 23%Benchmark 30%

State income tax1–13.3%

Run the Folsom affordability calculator →

Nearby cities