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WebbRelative to California, our data show that Folsom's latest annual appreciation rate is lower than 60% of the other cities and towns in California. One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Folsom differ in their investment potential, sometimes by a great deal. WebbBed: 1. Bath: 1. Rent: $1,875-$1,975. Apply Now. Welcome to the best apartments for rent in Folsom! For an exceptional space that makes you proud to call home, look no further than Waterford Place. Please browse through our layouts and choose the floor plan below that fits your lifestyle perfectly. Folsom is named for Joseph Libbey Folsom who purchased Rancho Rio de los Americanos from the heirs of San Francisco merchant William Alexander Leidesdorff, and laid out the town called Granite City, mostly occupied by gold miners seeking their fortune in the Sierra Nevada foothills. Though few amassed a great deal of wealth, the city prospered due to Joseph Folsom's lobbying to get a railway to connect the town with Sacramento. Joseph died in 1855, and Granite City wa… pokemon let\u0027s go switch lite