Cheap Apartments for Rent in Grand Junction, CO from $500 (18 Rentals)

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

property at 721 Horizon Dr

721 Horizon Dr

Grand JunctionCO81506
property at 704 Horizon Dr

704 Horizon Dr

Grand JunctionCO81506
property at 1810 North Ave

1810 North Ave

Grand JunctionCO81501
property at 2824 North Ave

2824 North Ave

Grand JunctionCO81501
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Aladdin Apartments
1 to 2 Bedroom Apartments

Aladdin Apartments

430-450 Chipeta AveGrand Junction, CO 81501
  • Utilities Included
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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
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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
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Aspen Leaf Place
2 Bedroom Apartments

Aspen Leaf Place

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

Raintree Apartments

1930 Grand AveGrand Junction, CO 81501
  • Utilities Included

Grand Junction, CO Local Guide

Photo of Staff Writer  - Local Guide Expert
Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Grand Junction, CO

Pricing Updated: 10/25/2025

Current apartment rentals in the Grand Junction, CO area range in price from $800 to $3,999 with an overall median price of $2,552. The three Grand Junction neighborhoods with the lowest median rent pricing are Elmwood Plaza at $800, Grandview at $800, and Fairmount 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$2,195$80024
Grandview$2,195$80026
Fairmount$2,247$80019
Historic Downtown Grand Junction$2,300$95017
Orchard Mesa$2,300$95031
The Falls$2,325$80047
Autumn Glenn$2,350$80053
Countryplace Estates$2,350$80065
Pear Park$2,350$80051
Southeast Area$2,350$80042

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. SLICK ROCK APARTMENTS in the Appleton neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,395. Here is today’s list of the most affordable Grand Junction apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Monument StudiosLarge StudioStudio,1BA$795
SLICK ROCK APARTMENTS2BR/1.0BA2BR,1BA$1,395
The Landing on HorizonThe AbbeyStudio,1BA$1,405
The JunctionJackalope- 0BR/1BAStudio,1BA$1,425
Summit View Terrace2BR/1.0BA2BR,1BA$1,425

Best Value Apartments for Rent in Grand Junction, CO

As of October 25, 2025 the best value apartment in the Grand Junction area is the $1.65 price per square foot Middle Unit Model at Pomona Park Townhomes in the in the Appleton neighborhood starting from $2,395. 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.
Pomona Park TownhomesMiddle Unit3BR,2.5BA$1.65
Peppermill Lofts2x1 900 SF2BR,1BA$1.77
3233 Lakeside Dr, Unit 1023233 Lakeside Dr2BR,1BA$1.44
Summit View Terrace2BR/1.0BA2BR,1BA$1.68
SLICK ROCK APARTMENTS2BR/1.0BA2BR,1BA$1.67
Copper Village ApartmentsThe Bookcliff1BR,1BA$2.08
The Slate on 25Napa1BR,1BA$1.99
212 Teller Ave, Unit Basement212 Teller Ave1BR,1BA$2.00
The Landing on HorizonThe AbbeyStudio ,1BA$2.46
Monument StudiosLarge StudioStudio ,1BA$2.21

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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!

Explore Grand Junction, CO Rentals by Map

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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 $1,490 at The Slate on 25.

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 $1,395 at SLICK ROCK 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 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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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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.