
Cheap Apartments for Rent in the Grand Junction Neighborhood of Ames, IA from $500 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Grand Junction area of Ames.


420 S 4th St

Total Monthly Price
602 8th St, Unit 2, Unit 2

Willow Run

400 S 4th St
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.

South View Apartments

Stone Court Apartments

Oak Brooke

Riverbirch

Eastwood of Ames Apartments
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.

South Oak

301 Main

Maple Glen

Walnut Place

Glenbrook Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

600 Squaw Creek Dr

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 | $894 | $750 | $1,035 |
| Grand Junction 2 Bedroom Apartments | $988 | $735 | $2,130 |
| Grand Junction 3 Bedroom Apartments | $881 | $625 | $1,560 |
Browse Apartments in this Neighborhood
There are currently 17 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 1 Bed unit found at 301 Main priced from $880. 640 S. 4th St. has the second lowest priced unit, which is a 2 Beds apartment currently listed from $930. Here are the most affordable Grand Junction apartments for rent in Ames, IA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 301 Main | 1 Bed 1 Bath | 1BR,1BA | $880 |
| 640 S. 4th St. | 640 S. 4th St. - Unit... | 2BR,1BA | $930 |
| Timbercreek Apartments | 2 Bedrooms / 2 Bathrooms | 2BR,2BA | $950 |
| South View Apartments | Landmark | Classic | 2BR,1BA | $1,050 |
Best Value Apartments for Rent in Grand Junction, IA
As of April 13, 2026 the best value apartment in the Grand Junction area is the $0.77 price per square foot 2BR/2BA Model at The Grove in the in the Grand Junction neighborhood starting from $735. The second greatest value Grand Junction apartment is the Outlook | Renovated Model at South View Apartments starting at $1,065 with a $1.21 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 | 2BR/2BA | 2BR,2BA | $0.77 |
| South View Apartments | Outlook | Renovated | 2BR,1BA | $1.21 |
| 640 S. 4th St. | 640 S. 4th St. - Unit... | 2BR,1BA | $1.15 |
| Timbercreek Apartments | 2 Bedrooms / 2 Bathrooms | 2BR,2BA | $1.16 |
Frequently Asked Questions about Cheap Grand Junction Apartments
What types of apartments are the cheapest in Grand Junction?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3 regular apartments in Grand Junction that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.