Cheap Apartments for Rent in Grand Junction, CO from $700 (26 Rentals)

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

property at 730 US-50

730 US-50

Grand JunctionCO81503
property at 2222 North Ave

2222 North Ave

Grand JunctionCO81501
property at 721 Horizon Dr

721 Horizon Dr

Grand JunctionCO81506
property at 1810 North Ave

1810 North Ave

Grand JunctionCO81501
property at 2400 North Ave

2400 North Ave

Grand JunctionCO81501
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Monument Studios
Studio Apartments

Monument Studios

1600 North AveGrand Junction, CO 81501
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Foresight Village
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 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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1626 Rood Avenue
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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Las Casas Apartments
2 Bedroom Apartments

Las Casas Apartments

330 Glenwood AveGrand Junction, CO 81501
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Raintree Apartments
2 Bedroom Apartments

Raintree Apartments

1930 Grand AveGrand Junction, CO 81501
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Struthers Residences
Studio to 2 Bedroom Apartments

Struthers Residences

805 Struthers AveGrand Junction, CO 81501

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: 06/26/2025

Current apartment rentals in the Grand Junction, CO area range in price from $775 to $2,400 with an overall median price of $2,251. The three Grand Junction neighborhoods with the lowest median rent pricing are Bookcliff Terrace at $875, Desert Ridge at $775, and Redlands at $775. 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$2,062$8753
Desert Ridge$2,105$77516
Redlands$2,105$77516
Monument Valley$2,115$77518
Pomona View$2,115$79518
Rio Vista$2,115$77518
Appleton$2,125$79514
Crossroads Colorado West$2,125$79514
Grand Vista$2,125$8954
Horizon$2,125$79514

Cheapest Available Grand Junction Apartments for Rent

 

The cheapest available apartment rental in Grand Junction, CO is a 1 Bed unit found at Summit View Terrace in the Central Grand Junction neighborhood priced from $1,195. 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
Summit View Terrace1BR/1.0BA1BR,1BA$1,195
SLICK ROCK APARTMENTS2BR/1.0BA2BR,1BA$1,395
The JunctionJackalope- 0BR/1BAStudio,1BA$1,473
Peppermill Lofts2x1 900 SF2BR,1BA$1,570
Rya Suites2A2BR,2BA$1,879
The Slate on 25Ventura2BR,2BA$1,905

Best Value Apartments for Rent in Grand Junction, CO

As of June 26, 2025 the best value apartment in the Grand Junction area is the $1.25 price per square foot 2888 F 1/4 Rd Model at 2888 F 1/4 Rd, Unit A in the in the North Area neighborhood starting from $2,000. The second greatest value Grand Junction apartment is the 2A Model at Rya Suites starting at $1,879 with a $1.49 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.
2888 F 1/4 Rd, Unit A2888 F 1/4 Rd3BR,2BA$1.25
Rya Suites2A2BR,2BA$1.49
The Slate on 25Ventura2BR,2BA$1.60
Peppermill Lofts2x1 8952BR,1BA$1.75
SLICK ROCK APARTMENTS2BR/1.0BA2BR,1BA$1.67
3253 Castaneda Dr, Unit A3253 Castaneda Dr2BR,1BA$1.94
2501 Monument Rd, Unit #32501 Monument Rd1BR,1BA$1.56
Summit View Terrace1BR/1.0BA1BR,1BA$1.71
The JunctionJackalope- 0BR/1BAStudio ,1BA$3.19

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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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 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 $1,905.

What is the price of a cheap apartment in Grand Junction?

The cheapest apartment in Grand Junction is Summit View Terrace which is listed at $1,195, while the average apartment in Grand Junction costs $2,251.

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 54 regular apartments in Grand Junction that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.