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City Report · CA

Folsom

Pop. 83,916·231st most expensive in California·Folsom rents are up 8.5% over the past year
Median rent (all units)
$2,655/mo
Year-over-Year
+8.5%
Month-over-Month
-0.5%
vs US Median
+$690
Falling (Monthly)
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Most AffordableMost Expensive
Folsom · $2,655
More expensive than 83% of US cities · National median $1,965/mo
Rent Reality Score
62/100
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
$2,655/mo
Expected by trend
$2,824/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
Research median
$2,840/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$31,860/yr
At $2,655/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 8.5% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+8.5% YoY, -0.5% MoM), not inventory.
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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
41
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 → $2,655
up 22.8%
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 $493 per month, settling near $2,655 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 13.9 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

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View Folsom rent history (2015–2026) →
Salary vs rent

Can you afford rent in Folsom on your salary?

At $2,655/mo, how Folsom rent compares to typical pay (30% rule).

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: July 20, 2026

The median rent in Folsom is $2,655/mo as of July 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 8.5% over the past year.

FAQ

Frequently asked questions

Is Folsom an affordable city for renters?

Folsom is considered very affordable for renters. At $2,655/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 $106,000/year (~$51/hour full-time) to afford the median rent of $2,655/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 8.5% over the past year as of July 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 #231 out of 387 tracked cities at $2,655/mo.

Which nearby cities are cheaper to rent in than Folsom?

Several nearby cities have lower median rents than Folsom ($2,655/mo): Citrus Heights ($1,931/mo), Fair Oaks ($2,038/mo), Orangevale ($2,063/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 $2,655/mo is $690 (35%) above the US national median of $1,965/mo. Within California, it ranks #231 out of 387 tracked cities.
Income Affordability
23%
VERY AFFORDABLE

At $2,655/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 →
Lowest-rent ZIP codes in Folsom
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Folsom, CA

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