
Cheap Apartments for Rent in Grand Junction, CO from $500 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in Grand Junction.


2226 Texas Ave, Unit A, Unit A

2202 Orchard Ave, Unit A, Unit A

Available Now!

1755 N 18th St, Unit B, Unit B

2233 Hall Ave

Total Monthly Price
1043 North Ave, Unit 120, Unit 120

658 1/2 Tammera Ln

515-528 Road
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.

721 Horizon Dr

Total Monthly Price
Peppermill Lofts

Total Monthly Price
The Junction

Summit View Terrace

SLICK ROCK APARTMENTS

Total Monthly Price
The Railyard at Rimrock

3231 Lakeside Dr, Unit 3231 Lakeside Dr #302, Unit 3231 Lakeside Dr #302

2150 College Pl

3150 Lakeside 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.

1140 Walnut Ave, Unit 17

Aladdin Apartments

Monument Studios

1060 Grand Ave

Foresight Village

Las Casas Apartments

Belford Apartments

Park East Apartments

Villa West Apartments
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

957 Belford Ave

540-529 29 Rd

Midtown Apartments

Aspen Leaf Place

Raintree Apartments

1346 1/2 Texas Ave

Struthers Residences

Market Street Residences
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.

2325 Texas Ave

North Star Apartments

2839 Elm Ave

2839 Elm Ave

1240-1254 Elm Ave

3146 Lakeside Dr

3224 Rood Ave, Unit #4, Unit #4

3252 Villasur Dr

3227 White Ave
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.

3247 Main St

234 4th St
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 | $1,511 | $1,460 | $1,615 |
| Cheap Grand Junction 1 Bedroom Apartments | $1,690 | $815 | $2,038 |
| Cheap Grand Junction 2 Bedroom Apartments | $1,964 | $800 | $2,360 |
| Cheap Grand Junction 3 Bedroom Apartments | $2,361 | $1,875 | $2,557 |
| Cheap Grand Junction 4 Bedroom Apartments | $2,815 | $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: 05/05/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Bookcliff Terrace | $2,100 | $1,000 | 4 |
| Northeast Area | $2,450 | $1,000 | 10 |
| Campbell Estates | $2,525 | $1,000 | 10 |
| Countryside | $2,525 | $1,000 | 14 |
| Shadowbrook | $2,525 | $1,000 | 9 |
| Autumn Glenn | $3,300 | $750 | 27 |
| Countryplace Estates | $3,300 | $750 | 36 |
| Fruitvale | $3,300 | $800 | 18 |
| Historic Downtown Grand Junction | $3,300 | $750 | 8 |
| Lauradale | $3,300 | $750 | 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 $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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Monument Studios | Large Studio | 1BR,1BA | $795 |
| The Junction | Jackalope- 0BR/1BA | Studio,1BA | $1,420 |
| The Slate on 25 | Abbey | Studio,1BA | $1,558 |
| Peppermill Lofts | 2x1 900 SF | 2BR,1BA | $1,650 |
| The Landing on Horizon | The Napa | 1BR,1BA | $1,723 |
| Copper Village Apartments | The Monument | 1BR,1BA | $1,765 |
| The Railyard at Rimrock | The Riverside - two bedroom two bath | 2BR,2BA | $1,970 |
| Pomona Park Townhomes | End Unit | 3BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pomona Park Townhomes | End Unit | 3BR,2.5BA | $1.64 |
| The Railyard at Rimrock | The Riverside - two bedroom two bath | 2BR,2BA | $1.78 |
| Peppermill Lofts | 2x1 895 | 2BR,1BA | $1.84 |
| The Landing on Horizon | The Malone | 1BR,1BA | $2.47 |
| Copper Village Apartments | The Bookcliff | 1BR,1BA | $2.20 |
| 1140 Walnut Ave, Unit #21 | 1140 Walnut Ave | 2BR,1BA | $2.05 |
| The Slate on 25 | Abbey | Studio ,1BA | $2.73 |
| The Junction | Jackalope- 0BR/1BA | Studio ,1BA | $3.07 |
| Monument Studios | Large Studio | 1BR,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.
Read Article10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
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 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

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.