salaryRent is higher than in 87% of U.S. cities. Household incomes are higher than in 90% of U.S. cities. A typical house costs about 5.0 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $102,040 a year. That is $49 an hour at a full-time job.
Is rent cheaper than other California cities?
No. Rent here is more expensive than in most of California. It is number 399 of 653 cities from cheapest to most expensive.
How much do households earn in Folsom?
Share of households by yearly income. 54.5% of households earn $100,000 or more.
Rent by apartment size in Folsom
| Size | Folsom | U.S. average |
|---|---|---|
| Studio | $2,219 | $1,338 |
| 1 bedroom | $2,210 | $1,324 |
| 2 bedrooms | $2,423 | $1,509 |
| 3 bedrooms | $3,036 | $1,698 |
| 4 bedrooms | $3,345 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Folsom overall?
Everyday prices in the Sacramento-Roseville-Folsom metro area are 7% above the U.S. average (index 106.7, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.
Taxes and bills in Folsom
Life in Folsom
What jobs pay in Folsom
| Job | Median pay | Rent / pay |
|---|---|---|
| Lawyer | $178,540 | 17.1% |
| Pharmacist | $172,680 | 17.7% |
| Nurse Practitioner | $172,010 | 17.8% |
| Registered Nurse | $171,460 | 17.9% |
| Physician Assistant | $161,470 | 19.0% |
| Software Developer | $139,640 | 21.9% |
| Civil Engineer | $130,150 | 23.5% |
| Dental Hygienist | $122,540 | 25.0% |
| Computer Systems Analyst | $122,330 | 25.0% |
| Operations Manager | $118,460 | 25.8% |
| Police Officer | $111,460 | 27.5% |
| Elementary School Teacher | $103,390 | 29.6% |
| Firefighter | $94,080 | 32.5% |
| Accountant | $92,110 | 33.2% |
| Licensed Practical Nurse | $81,570 | 37.5% |
| Market Research Analyst | $78,630 | 38.9% |
| Electrician | $74,830 | 40.9% |
| Carpenter | $74,440 | 41.1% |
| HVAC Technician | $66,670 | 45.9% |
| Plumber | $65,210 | 46.9% |
| Medical Assistant | $61,970 | 49.4% |
| Truck Driver | $60,810 | 50.3% |
| Customer Service Representative | $49,940 | 61.3% |
| Nursing Assistant | $47,510 | 64.4% |
| Warehouse Worker | $45,930 | 66.6% |
| Restaurant Cook | $44,230 | 69.2% |
| Retail Salesperson | $38,100 | 80.3% |
| Cashier | $36,790 | 83.2% |
| Server (Waiter/Waitress) | $35,070 | 87.3% |
Is it cheaper to rent or buy in Folsom?
Renting is cheaper right now: about $2,689 a month less.
Owning assumes a typical $755,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $75,520 for the down payment.
Frequently asked questions
What is the average rent in Folsom, CA?
Renting in Folsom costs a median of about $2,551 a month in 2026, including utilities. The California median is $2,357.
How much do I need to make to live in Folsom?
To keep rent under 30% of income, you need about $102,040 a year, or $49 an hour at a full-time job.
Is Folsom cheap or expensive?
Folsom is rated OK: rent takes 20.3% of the typical household income of $150,779. It ranks 399th cheapest of 653 California cities we track.
How much are property taxes in Folsom?
The median homeowner in Folsom pays $6,212 a year in property taxes, about 0.82% of the median home value.
Is Folsom more expensive than the national average?
Overall prices in the metro area are 7% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Folsom?
The median home value in Folsom is $755,200, about 5.0 times the typical yearly household income.
83,916 people live in Folsom. Numbers are typical (middle) values.