Cheap Apartments for Rent in Grand Junction, CO from $500 (46 Rentals)

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

property at 425 N 17th St

$750

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

1 Bedroom, 1 Bath Home for Rent

Available Now

425 N 17th St, Unit B-1, Unit B-1

425 N 17th St
Grand JunctionCO81501
property at 2226 Texas Ave

$800

Total Monthly Price6 Month Lease Term

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

1 Bedroom, 1 Bath Home for Rent

Available Now

2226 Texas Ave, Unit A, Unit A

2226 Texas Ave
Grand JunctionCO81501
property at 1755 N 18th St

$800

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

1 Bedroom, 1 Bath Home for Rent

Available Now

1755 N 18th St, Unit B, Unit B

1755 N 18th St
Grand JunctionCO81501
property at 2233 Hall Ave

$800 - $1,950

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$800 - $1,950

Total Monthly Price
$800 - $1,950

1 To 2 Bedroom Homes for Rent

Available Now

2233 Hall Ave

Grand JunctionCO81501
property at 658 1/2 Tammera Ln

$850

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

3 Bedroom, 2.5 Bath Townhome for Rent

Available Jun 1

658 1/2 Tammera Ln

Grand JunctionCO81505
property at 515-528 Road

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

2 Bedroom Rentals

Available Now

515-528 Road

Grand JunctionCO81503

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.

property at 721 Horizon Dr

$795 - $1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

1 Bedroom Rentals

Available Now

721 Horizon Dr

Grand JunctionCO81506
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Peppermill Lofts
$1,420 - $1,650
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,410 - $1,640
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Peppermill Lofts

491 28 1/4 RdGrand Junction, CO 81501
Corporate Housing
  • Verified
  • Customer Reviewed
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The Junction
Rent Specials
$1,420 - $2,360
Total Monthly Price

Total Monthly Price

Base Rent
$1,370 - $2,310
Required Monthly Fees
$50

Total Monthly Price
$1,420 - $2,360
Studio to 2 Bedroom Apartments Available Now

The Junction

200 Rood AveGrand Junction, CO 81501
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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The Railyard at Rimrock
$1,460 - $2,345
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,345 - $2,230
Required Monthly Fees
$115

Total Monthly Price
$1,460 - $2,345
Studio to 3 Bedroom Apartments Available Now

The Railyard at Rimrock

800 Railyard LoopGrand Junction, CO 81505
Family Friendly
  • Verified
  • 3D Tour
  • Smoke Free
property at 2150 College Pl

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1.5 Bath Home for Rent

Available Now

2150 College Pl

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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Aladdin Apartments
1 to 2 Bedroom Apartments

Aladdin Apartments

430-450 Chipeta AveGrand Junction, CO 81501
  • Utilities Included
  • Smoke Free
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Monument Studios
1 to 2 Bedroom Apartments

Monument Studios

1600 North AveGrand Junction, CO 81501
property at 1060 Grand Ave

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

Studio, 1 Bath Condo for Rent

Available Now

1060 Grand Ave

Grand JunctionCO81501
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Foresight Village
1 to 2 Bedroom Apartments

Foresight Village

606 25 1/2 RdGrand Junction, CO 81505
  • Utilities Included
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Las Casas Apartments
1 to 3 Bedroom Apartments

Las Casas Apartments

330 Glenwood AveGrand Junction, CO 81501
  • Utilities Included
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Belford Apartments
1 Bedroom Apartments

Belford Apartments

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

Park East Apartments

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

Villa West Apartments

406 N 22nd StGrand Junction, CO 81501
  • 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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1626 Rood Avenue
1 to 2 Bedroom Apartments

1626 Rood Avenue

1620 Rood AveGrand Junction, CO 81501
  • Utilities Included
property at 957 Belford Ave

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

1 Bedroom, 1 Bath Home for Rent

Available Now

957 Belford Ave

Grand JunctionCO81501
property at 540-529 29 Rd

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

2 Bedroom, 1 Bath Home for Rent

Available Now

540-529 29 Rd

Grand JunctionCO81504
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Midtown Apartments
1 to 3 Bedroom Apartments

Midtown Apartments

1030 Teller AveGrand Junction, CO 81501
  • Utilities Included
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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
  • Utilities Included
property at 1346 1/2 Texas Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1 Bath Home for Rent

Available Jun 1

1346 1/2 Texas Ave

Grand JunctionCO81501
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Struthers Residences
Studio to 2 Bedroom Apartments

Struthers Residences

805 Struthers AveGrand Junction, CO 81501

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

property at 2325 Texas Ave

$1,350

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

3 Bedroom, 1 Bath Home for Rent

Available Jun 16

2325 Texas Ave

Grand JunctionCO81501
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North Star Apartments
1 to 2 Bedroom Apartments

North Star Apartments

2764 Crossroads BlvdGrand Junction, CO 81506
  • Utilities Included
property at 2839 Elm Ave

$1,439

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Required Monthly Fees
$39

Total Monthly Price
$1,439

2 Bedroom, 1 Bath Townhome for Rent

Available Jul 10

2839 Elm Ave

Grand JunctionCO81501
property at 2839 Elm Ave

$1,439

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Required Monthly Fees
$39

Total Monthly Price
$1,439

2 Bedroom, 1 Bath Townhome for Rent

Available Jul 10

2839 Elm Ave

Grand JunctionCO81501
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1240-1254 Elm Ave
2 Bedroom Apartments

1240-1254 Elm Ave

1240-1254 Elm AveGrand Junction, CO 81501
property at 3146 Lakeside Dr

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

2 Bedroom, 1 Bath Townhome for Rent

Available Now

3146 Lakeside Dr

Grand JunctionCO81506
property at 3224 Rood Ave

$1,200

Total Monthly Price6 Month Lease Term

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Townhome for Rent

Available Jun 1

3224 Rood Ave, Unit #4, Unit #4

3224 Rood Ave
CliftonCO81520
property at 3252 Villasur Dr

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

3 Bedroom, 1 Bath Home for Rent

Available May 6

3252 Villasur Dr

CliftonCO81520
property at 3227 White Ave

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

3227 White Ave

CliftonCO81520

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

property at 3247 Main St

$1,344

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,300
Required Monthly Fees
$44

Total Monthly Price
$1,344

2 Bedroom, 1 Bath Townhome for Rent

Available Jul 10

3247 Main St

CliftonCO81520
property at 234 4th St

$1,375

Total Monthly Price

Total Monthly Price

Base Rent
$1,375

Total Monthly Price
$1,375

2 Bedroom, 1 Bath Home for Rent

Available Now

234 4th St

CliftonCO81520

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: 05/05/2026

Current apartment rentals in the Grand Junction, CO area range in price from $750 to $5,500 with an overall median price of $3,608. The three Grand Junction neighborhoods with the lowest median rent pricing are Bookcliff Terrace at $1,000, Northeast Area at $1,000, and Campbell Estates at $1,000. 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
Bookcliff Terrace$2,100$1,0004
Northeast Area$2,450$1,00010
Campbell Estates$2,525$1,00010
Countryside$2,525$1,00014
Shadowbrook$2,525$1,0009
Autumn Glenn$3,300$75027
Countryplace Estates$3,300$75036
Fruitvale$3,300$80018
Historic Downtown Grand Junction$3,300$7508
Lauradale$3,300$75021

Cheapest Available Grand Junction Apartments for Rent

 

The cheapest available apartment rental in Grand Junction, CO is a 1 Bed unit found at Monument Studios in the Central Grand Junction neighborhood priced from $795. The Junction in the Historic Downtown Grand Junction neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,420. Here is today’s list of the most affordable Grand Junction apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Monument StudiosLarge Studio1BR,1BA$795
The JunctionJackalope- 0BR/1BAStudio,1BA$1,420
The Slate on 25AbbeyStudio,1BA$1,558
Peppermill Lofts2x1 900 SF2BR,1BA$1,650
The Landing on HorizonThe Napa1BR,1BA$1,723
Copper Village ApartmentsThe Monument1BR,1BA$1,765
The Railyard at RimrockThe Riverside - two bedroom two bath2BR,2BA$1,970
Pomona Park TownhomesEnd Unit3BR,2BA$2,557

Best Value Apartments for Rent in Grand Junction, CO

As of May 05, 2026 the best value apartment in the Grand Junction area is the $1.64 price per square foot End Unit Model at Pomona Park Townhomes in the in the Appleton neighborhood starting from $2,557. The second greatest value Grand Junction apartment is the The Riverside - two bedroom two bath Model at The Railyard at Rimrock starting at $1,970 with a $1.78 price per square foot in the Appleton 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 TownhomesEnd Unit3BR,2.5BA$1.64
The Railyard at RimrockThe Riverside - two bedroom two bath2BR,2BA$1.78
Peppermill Lofts2x1 8952BR,1BA$1.84
The Landing on HorizonThe Malone1BR,1BA$2.47
Copper Village ApartmentsThe Bookcliff1BR,1BA$2.20
1140 Walnut Ave, Unit #211140 Walnut Ave2BR,1BA$2.05
The Slate on 25AbbeyStudio ,1BA$2.73
The JunctionJackalope- 0BR/1BAStudio ,1BA$3.07
Monument StudiosLarge Studio1BR,1BA$2.21

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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

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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.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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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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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 The Junction listed at $1,420.

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

The lowest price for a Cheap One Bedroom Grand Junction Apartment is $795 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 $1,650 at Peppermill Lofts.

What is the most affordable Grand Junction Three Bedroom Apartment?

The best deal on a cheap Grand Junction Three Bedroom Apartment rental is at Pomona Park Townhomes and starts from $2,557.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.