
Cheap Homes for Rent in Grand Junction Neighborhood of Ames, IA from $1,000 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Grand Junction area of Ames.


912 Grand Ave

312 E 6th 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.

510 8th St

1206 S 4th St, Unit SI ID1261664P

107 S Riverside Dr
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.
Grand Junction, Ames, IA Local Guide

How much does it cost to rent a home in Grand Junction?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grand Junction 2 Bedroom Homes for Rent | $1,000 | $1,000 | $1,000 |
| Grand Junction 3 Bedroom Homes for Rent | $1,476 | $1,476 | $1,476 |
| Grand Junction 4 Bedroom Homes for Rent | $1,000 | $1,000 | $1,000 |
| Grand Junction 5 Bedroom Homes for Rent | $2,600 | $2,600 | $2,600 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 1 mile radius of the Grand Junction Neighborhood of Ames, IA.
Explore 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 640 S. 4th St. priced from $785. 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 |
|---|---|---|---|
| 640 S. 4th St. | 640 S. 4th St. - Unit... | 1BR,1BA | $785 |
| 301 Main | 1 Bed 1 Bath | 1BR,1BA | $880 |
| Timbercreek Apartments | 2 Bedrooms / 2 Bathrooms | 2BR,2BA | $950 |
Best Value Apartments for Rent in Grand Junction, IA
As of May 08, 2026 the best value apartment in the Grand Junction area is the $0.98 price per square foot 3 Bed/ 1.5 Bath Model at 1108 S. 4th Street in the in the Grand Junction neighborhood starting from $980. The second greatest value Grand Junction apartment is the 2BR/2BA Upgraded Model at The Grove starting at $735 with a $0.77 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. |
|---|---|---|---|
| 1108 S. 4th Street | 3 Bed/ 1.5 Bath | 3BR,1.5BA | $0.98 |
| The Grove | 2BR/2BA Upgraded | 2BR,2BA | $0.77 |
| South View Apartments | Outlook | Renovated | 2BR,1BA | $1.21 |
| Timbercreek Apartments | 2 Bedrooms / 2 Bathrooms | 2BR,2BA | $1.16 |
| 640 S. 4th St. | 640 S. 4th St. - Unit... | 1BR,1BA | $1.26 |
| 123 7th St, Unit 123 | 123 7th St | Studio ,1BA | $3.13 |
Frequently Asked Questions about Grand Junction
What type of rentals are currently available in Grand Junction?
There are currently 42 Apartments for Rent in Grand Junction, IA with pricing that ranges from $610 to $2,027. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grand Junction ranging from $1,000 to $2,600.
What is the current price range for Rental Homes in Grand Junction?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Grand Junction ranges from $1,000 to $2,600 with an average monthly rent of $1,519.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.