Cheap Apartments for Rent in Grand Junction, CO from $500 (17 Rentals)

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Search the lowest-cost Apartments available for rent right now in Grand Junction.

property at 2222 North Ave

2222 North Ave

Grand JunctionCO81501

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.

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Monument Studios
Studio to 1 Bedroom Apartments

Monument Studios

1600 North AveGrand Junction, CO 81501
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Foresight Village
1 to 2 Bedroom Apartments

Foresight Village

606 25 1/2 RdGrand Junction, CO 81505
  • Utilities Included

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.

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Belford Apartments
1 Bedroom Apartments

Belford Apartments

1029 Belford AveGrand Junction, CO 81501
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Park East Apartments
1 to 2 Bedroom Apartments

Park East Apartments

2344-2355 Teller CtGrand Junction, CO 81501
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Villa West Apartments
1 Bedroom Apartments

Villa West Apartments

406 N 22nd StGrand Junction, CO 81501
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Las Casas Apartments
1 to 3 Bedroom Apartments

Las Casas Apartments

330 Glenwood AveGrand Junction, CO 81501
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1626 Rood Avenue
1 to 2 Bedroom Apartments

1626 Rood Avenue

1620 Rood AveGrand Junction, CO 81501
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Midtown Apartments
1 to 3 Bedroom Apartments

Midtown Apartments

1030 Teller AveGrand Junction, CO 81501
  • Utilities Included

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Aspen Leaf Place
2 Bedroom Apartments

Aspen Leaf Place

960 Bookcliff AveGrand Junction, CO 81501
  • Utilities Included
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Raintree Apartments
1 to 2 Bedroom Apartments

Raintree Apartments

1930 Grand AveGrand Junction, CO 81501
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Grand Junction, CO Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Grand Junction, CO

Pricing Updated: 09/08/2025

Current apartment rentals in the Grand Junction, CO area range in price from $800 to $3,999 with an overall median price of $2,668. The three Grand Junction neighborhoods with the lowest median rent pricing are Elmwood Plaza at $800, Fairmount at $800, and Northern Hills at $800. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Grand Junction Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Elmwood Plaza$2,300$80024
Fairmount$2,300$80017
Northern Hills$2,300$80012
Patterson Gardens$2,300$80014
Autumn Glenn$2,347$80042
Fruitvale$2,347$80034
Lauradale$2,347$80042
Parkwood Estates$2,347$80033
Pear Park$2,347$80042
Southeast Area$2,347$80036

Cheapest Available Grand Junction Apartments for Rent

 

The cheapest available apartment rental in Grand Junction, CO is a Studio unit found at Monument Studios in the Central Grand Junction neighborhood priced from $795. The Landing on Horizon in the North Area neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,405. Here is today’s list of the most affordable Grand Junction apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Monument StudiosLarge StudioStudio,1BA$795
The Landing on HorizonThe AbbeyStudio,1BA$1,405
1240-1254 Elm Avenue2BR/1.0BA2BR,1BA$1,450
The Slate on 25Napa1BR,1BA$1,460
The JunctionTrailhead- 0BR/1BAStudio,1BA$1,482

Best Value Apartments for Rent in Grand Junction, CO

As of September 08, 2025 the best value apartment in the Grand Junction area is the $1.25 price per square foot 2539 Grand Ave Model at 2539 Grand Ave, Unit 1 in the in the Historic Downtown Grand Junction neighborhood starting from $1,250. The second greatest value Grand Junction apartment is the 2x1 900 SF Model at Peppermill Lofts starting at $1,595 with a $1.77 price per square foot in the Horizon neighborhood. Here is today’s list of the best values for Grand Junction apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2539 Grand Ave, Unit 12539 Grand Ave2BR,1BA$1.25
Peppermill Lofts2x1 900 SF2BR,1BA$1.77
The Slate on 25Malone1BR,1BA$2.18
The Railyard at RimrockThe Mallone - one bedroom one bath1BR,1BA$2.16
446 N 22nd St, Unit 8446 N 22nd St2BR,1BA$1.86
1240-1254 Elm Avenue2BR/1.0BA2BR,1BA$2.16
The Landing on HorizonThe AbbeyStudio ,1BA$2.46
The JunctionJackalope- 0BR/1BAStudio ,1BA$3.23
411 W Chipeta Ave, Unit Apartment411 W Chipeta AveStudio ,1BA$2.69
Monument StudiosLarge Studio w/ Backyard1BR,1BA$2.76

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Grand Junction Overview

From its beautiful landscapes of interesting rock foundations and mountains to its pristine lakes, the City of Grand Junction, Colorado is one of the best kept secrets in the state of Colorado.

Why live in Grand Junction, CO?

Grand Junction features a sunny and dry climate which makes it the perfect area for people of all ages. Because it is somewhat isolated, Grand Junction offers those who choose to settle away from the sights and sounds of the fast moving cities surrounding it the opportunity to settle in an area with a slower pace, and a more relaxing atmosphere. Grand Junction has a lot to offer in terms of its culture and its beautiful landscapes offer a peaceful and tranquil setting to come home to after a long day at work.

Grand Junction, CO
Population: 63,374

Ranked #595

in US Census Population by City

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Getting Around Grand Junction, CO

Walk Score®

45 / 100

Car-Dependent

Most errands require a car

Bike Score®

61 / 100

Bikeable

Some bike infrastructure

Transit Score®

20 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Grand Junction Apartments

What is the Cheapest Studio apartment in Grand Junction?

Currently the most affordable Cheap Studio Apartment in Grand Junction is at Monument Studios listed at $795.

How much is rent for a Cheap One Bedroom Grand Junction Apartment?

The lowest price for a Cheap One Bedroom Grand Junction Apartment is $995 at Monument Studios.

What is the lowest price for a Cheap Two Bedroom Grand Junction Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Grand Junction is starting from $1,450 at 1240-1254 Elm Avenue.

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 Landing on Horizon and starts from $2,230.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.