
Cheap Apartments for Rent in Grand Junction, CO from $500 (61 Rentals)
Search the lowest-cost Apartments available for rent right now in Grand Junction.


425 N 17th St, Unit B-1

Total Monthly Price
1043 North Ave, Unit 220

1505 N 20th St, Unit A-2

1023 Teller Ave

2233 Hall Ave, Unit A - 1

467 Meadow Rd

2202 Orchard Ave, Unit A

730 US-50

Total Monthly Price
1510 Glenwood Ave, Unit 120 C
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.

333 North Ave

704 Horizon Dr

721 Horizon Dr

742 Grand Ave

450 Chipeta Ave

450 Chipeta Ave

305 B Alcove

Total Monthly Price
3172 1/2 Glendam Dr, Unit Glendam

The Junction

1212 Walnut Ave, Unit #2
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.

1051 Teller Ave

426 N 9th St

1010 Orchard Ave

SLICK ROCK APARTMENTS

Total Monthly Price
The Railyard at Rimrock

322 Chipeta Ave

322 Chipeta Ave

3231 Lakeside Dr, Unit 3231 Lakeside Dr #302

Aladdin Apartments

Monument Studios
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.

621 N 2nd St

1060 Grand Ave

Foresight Village

2888-F 1/4 F 1/4 Rd

Las Casas Apartments

Belford Apartments

Park East Apartments

Villa West Apartments

135 S 10th St

1225 N 23rd St
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.

1626 Rood Avenue

Midtown Apartments

Aspen Leaf Place

Raintree Apartments

1368 Elm Ave

125 Franklin Ave

580 Bookcliff Ave

1302 Glenwood Ave

1741 Ouray Ave

1741 Ouray Ave
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Grand Junction, CO Local Guide

How much does it cost to rent an apartment in Grand Junction?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Grand Junction Studio Apartments | $1,412 | $895 | $1,598 |
| Cheap Grand Junction 1 Bedroom Apartments | $1,557 | $795 | $2,038 |
| Cheap Grand Junction 2 Bedroom Apartments | $1,850 | $800 | $2,270 |
| Cheap Grand Junction 3 Bedroom Apartments | $2,113 | $1,300 | $2,557 |
| Cheap Grand Junction 4 Bedroom Apartments | $2,887 | $2,500 | $3,562 |
Browse Top Apartments in Grand Junction
See all Apartments in Grand JunctionExplore Grand Junction
Grand Junction, CO Local Guide

- Grand Junction Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Neighborhoods for Apartments in Grand Junction, CO
Pricing Updated: 06/19/2026Current apartment rentals in the Grand Junction, CO area range in price from $795 to $3,562 with an overall median price of $2,301. The three Grand Junction neighborhoods with the lowest median rent pricing are Bookcliff Terrace at $795, Campbell Estates at $1,150, and Countryside at $1,150. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Grand Junction Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Bookcliff Terrace | $1,650 | $795 | 14 |
| Campbell Estates | $1,650 | $1,150 | 5 |
| Countryside | $1,650 | $1,150 | 5 |
| Parkwood Estates | $1,650 | $1,150 | 9 |
| Shadowbrook | $1,650 | $1,300 | 3 |
| Southeast Area | $1,650 | $1,150 | 9 |
| Autumn Glenn | $1,675 | $860 | 15 |
| Fruitvale | $1,675 | $895 | 17 |
| Pear Park | $1,675 | $860 | 14 |
| Lauradale | $1,700 | $860 | 21 |
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 $595. The Junction in the Historic Downtown Grand Junction neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,370. Here is today’s list of the most affordable Grand Junction apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Monument Studios | Large Studio | 1BR,1BA | $595 |
| The Junction | Jackalope- 0BR/1BA | Studio,1BA | $1,370 |
| SLICK ROCK APARTMENTS | 2BR/1.0BA | 2BR,1BA | $1,425 |
| The Slate on 25 | Napa | 1BR,1BA | $1,633 |
| Copper Village Apartments | The Bookcliff | 1BR,1BA | $1,650 |
| Peppermill Lofts | 2x1 900 SF | 2BR,1BA | $1,650 |
| The Landing on Horizon | The Napa | 1BR,1BA | $1,723 |
| The Railyard at Rimrock | The Riverside - two bedroom two bath | 2BR,2BA | $1,970 |
Best Value Apartments for Rent in Grand Junction, CO
As of June 19, 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 3172 1/2 Glendam Dr Model at 3172 1/2 Glendam Dr, Unit Glendam starting at $1,300 with a $1.08 price per square foot in the Northeast Area 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. |
|---|---|---|---|
| Pomona Park Townhomes | End Unit | 3BR,2.5BA | $1.64 |
| 3172 1/2 Glendam Dr, Unit Glendam | 3172 1/2 Glendam Dr | 3BR,1BA | $1.08 |
| The Railyard at Rimrock | The Riverside - two bedroom two bath | 2BR,2BA | $1.78 |
| Peppermill Lofts | 2x1 895 | 2BR,1BA | $1.84 |
| SLICK ROCK APARTMENTS | 2BR/1.0BA | 2BR,1BA | $1.70 |
| The Slate on 25 | Malone | 1BR,1BA | $2.41 |
| 580 Bookcliff Ave #6, Unit Little Bookcliff | 580 Bookcliff Ave #6 | 1BR,1BA | $1.90 |
| Copper Village Apartments | The Bookcliff | 1BR,1BA | $2.11 |
| 1510 Glenwood Ave, Unit 120 C | 1510 Glenwood Ave | 1BR,1BA | $1.55 |
| Monument Studios | Large Studio | 1BR,1BA | $1.65 |
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
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, COPopulation: 63,374
Ranked #595
in US Census Population by City
Best Local Schools in Grand Junction, CO
Tope Elementary School
Grand Junction High School
Redlands Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Grand Junction, CO Rentals by Map
See the most popular apartments and homes in Grand Junction, CO
Frequently Asked Questions about Cheap Grand Junction Apartments
What is a cheap apartment in Grand Junction?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Grand Junction is under $1,970.
What is the price of a cheap apartment in Grand Junction?
The cheapest apartment in Grand Junction is Monument Studios which is listed at $595, while the average apartment in Grand Junction costs $2,301.
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 81 regular apartments in Grand Junction that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Grand Junction?
Cheap apartments in Grand Junction have an average cost of $718 which is $1,583 cheaper than the average rent for all rentals in Grand Junction.
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

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.