California city guide

Folsom, CAHousing costs & affordability

Folsom has about 83,916 residents. Median gross rent is $2,352 per month, while median household income is $139,804.

2020-2024 ACS 5-YearCensus place · CaliforniaView sources ↗

Quick answer

What income supports the median rent?

A household would need about $94,100 per year to keep Folsom's median gross rent near 30% of gross income. The 2020-2024 ACS 5-Year citywide median-rent-to-median-income benchmark is 20%.

Moderate housing-cost benchmark

Data scope: figures use 2020-2024 ACS 5-Year estimates. The latest official release was checked Oct 01, 2026 at 03:00 UTC. The benchmark compares citywide medians and is designed for broad relocation research, not an individual budget or a live apartment search.

Median gross rent $2,352/mo42% above the dataset median90% MOE ±$47
Income for 30% rent target $94,100Gross annual household incomeDerived MOE ±$1,900
Median household income $139,80467% above the dataset median90% MOE ±$10,654
Median home value $755,200104% above the dataset median90% MOE ±$17,840
Owner-occupied homes 70%Share of occupied units
Home value-to-income 5.4xMedian value ÷ income

Good estimate precision Margins of error use the Census ACS 90% confidence level. Smaller geographies and subgroups can have wider uncertainty.

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How Folsom compares

Within California, Folsom ranks #239 from lowest to highest rent among 340 covered places with usable rent estimates. Median rent is 42% above the dataset median. Household income ranks #58 from highest to lowest among 345 places with usable income estimates.

The citywide rent-to-income benchmark is between 20% and 25%. The rent-to-income benchmark is useful for comparing cities under one formula, but households with different incomes, unit sizes or debt loads will experience costs differently.

Renting snapshot

$28,224 in annual median rent

Twelve months of median gross rent totals about $28,224. Gross rent includes contract rent plus estimated tenant-paid utilities where applicable in the ACS definition.

Buying snapshot

26.8x price-to-rent baseline

Median home value is about 26.8x annual median rent. This is a broad market comparison and does not include mortgage rates, taxes, insurance or maintenance.

Search terms, defined

How to read rent, home price and AMI searches

These distinctions keep the Census estimates comparable and prevent a historical survey measure from being mistaken for a live market quote.

Average rent vs. median gross rent
If you searched for the average rent in Folsom, the closest consistent Census measure on this page is $2,352 median gross rent. It is the midpoint among renter-occupied homes paying cash rent, not a live average asking rent. Gross rent includes contract rent plus estimated tenant-paid utilities where applicable.
Home price vs. median home value
The reported $755,200 median home value is the midpoint of owner estimates for owner-occupied homes. It is not an average sale price, listing price or current automated valuation.
Household income vs. AMI
The $139,804 median household income is a Census city estimate. It is not HUD Area Median Income (AMI), an AMI eligibility limit or an affordable-housing contract amount.

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Questions people ask

What is the median rent in Folsom?

Median gross rent is $2,352 per month in the 2020-2024 ACS 5-Year estimates.

What is the average rent in Folsom?

This page reports Census median gross rent of $2,352 per month, not a live average asking rent. Median is the midpoint among renter-occupied homes paying cash rent; gross rent includes contract rent plus estimated tenant-paid utilities where applicable.

What income is needed for the median rent?

A gross household income of about $94,100 per year would keep median gross rent near 30% of income. This is a planning benchmark, not a landlord qualification rule.

Is housing affordable in Folsom?

The citywide median-rent-to-median-income benchmark is 20%, which this site labels a moderate housing-cost benchmark. Individual costs can differ substantially.

Does this page report Area Median Income or AMI?

No. The $139,804 figure is Census median household income for the city. It is not HUD Area Median Income, an AMI limit or an affordable-housing contract amount.

What is the median home value in Folsom?

The median value of owner-occupied homes is $755,200 in the 2020-2024 ACS 5-Year estimates.

What is the average home price in Folsom?

This page reports a Census median owner-occupied home value of $755,200, not an average sale price, current listing price or real-time market estimate.

Trace every number

Data sources for Folsom

2020-2024 ACS 5-Year estimates for Folsom, California (Census place 0624638). Dollar estimates are in 2024 dollars. MOE means margin of error at 90% confidence.

Scroll the table horizontally on smaller screens to see every source.

Reported estimates · 2020-2024 ACS 5-Year
MeasureEstimate90% MOECensus source
Median gross rentUSD / month $2,352±$47 B25064_001E
Median household incomeUSD / year $139,804±$10,654 B19013_001E
Median owner-occupied home valueUSD $755,200±$17,840 B25077_001E
PopulationPeople 83,916±39 B01003_001E
Occupied housing unitsHousing units 29,963±597 B25003_001E
Owner-occupied housing unitsHousing units 20,898±673 B25003_002E

Calculated separately: the $94,100 annual income target = $2,352 monthly gross rent × 12 ÷ 0.30, rounded to $100. Owner occupancy = owner-occupied units ÷ occupied units. These are derived benchmarks, not separate Census estimates. Missing or suppressed values are shown as “Not reported”; open-ended medians use a + or an “Under” label and are excluded from exact derived calculations; ranks use usable point estimates and do not establish statistically significant differences.

Good research deserves a source.

MoveCostCompare. “Housing costs in Folsom, California.” U.S. Census Bureau, 2020-2024 ACS 5-Year Estimates. $2,352 median gross rent per month (90% MOE ±$47). https://movecostcompare.com/city/folsom-california. Survey estimate, not live asking rent.

Source: U.S. Census Bureau, 2020-2024 ACS 5-Year Estimates. Latest release checked Oct 01, 2026 at 03:00 UTC. Review the definitions and methodology.