
Cheap Apartments for Rent in the Grand Junction Neighborhood of Ames, IA from $500 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Grand Junction area of Ames.


420 S 4th St

Willow Run

400 S 4th St

South View Apartments
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Stone Court Apartments

Oak Brooke

Riverbirch

Eastwood of Ames Apartments

South Oak
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

301 Main

Maple Glen

Walnut Place

Glenbrook Apartments

600 Squaw Creek Dr
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Walnut Apartments
Grand Junction, Ames, IA Local Guide

How much does it cost to rent an apartment in Grand Junction?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grand Junction 1 Bedroom Apartments | $904 | $805 | $1,035 |
| Grand Junction 2 Bedroom Apartments | $1,085 | $699 | $2,698 |
| Grand Junction 3 Bedroom Apartments | $864 | $549 | $1,595 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 1 mile radius of the Grand Junction Neighborhood of Ames, IA.
See all Apartments in AmesExplore Ames
Cheapest Available Grand Junction Apartments for Rent
 The cheapest available apartment rental in the Grand Junction area of Ames, IA is a 3 Beds unit found at The Grove priced from $599. 301 Main has the second lowest priced unit, which is a 1 Bed apartment currently listed from $880. Here are the most affordable Grand Junction apartments for rent in Ames, IA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Grove | 3BR/3BA Upgraded | 3BR,3BA | $599 |
| 301 Main | 1 Bed 1 Bath | 1BR,1BA | $880 |
| 640 S. 4th St. | 640 S. 4th St. - Unit... | 2BR,1BA | $940 |
Best Value Apartments for Rent in Grand Junction, IA
As of July 14, 2026 the best value apartment in the Grand Junction area is the $0.48 price per square foot 3BR/3BA Upgraded Model at The Grove in the in the Grand Junction neighborhood starting from $599. The second greatest value Grand Junction apartment is the 640 S. 4th St. - Unit... Model at 640 S. 4th St. starting at $940 with a $1.15 price per square foot in the Grand Junction neighborhood. Here is today’s list of the best values for Grand Junction apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Grove | 3BR/3BA Upgraded | 3BR,3BA | $0.48 |
| 640 S. 4th St. | 640 S. 4th St. - Unit... | 2BR,1BA | $1.15 |
Frequently Asked Questions about Cheap Grand Junction Apartments
What is the most affordable Grand Junction Three Bedroom Apartment?
The best deal on a cheap Grand Junction Three Bedroom Apartment rental is at The Grove and starts from $599.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.