
Cheap Apartments for Rent in the Elmwood Plaza Neighborhood of Grand Junction, CO from $500 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in the Elmwood Plaza area of 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

2202 Orchard Ave, Unit A
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.

Total Monthly Price
1510 Glenwood Ave, Unit 120 C

742 Grand Ave

450 Chipeta Ave

450 Chipeta Ave

Aladdin Apartments

Monument Studios

1060 Grand Ave
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.

Villa West Apartments

Belford Apartments

Park East Apartments

1225 N 23rd St

1626 Rood Avenue

Aspen Leaf Place

Midtown Apartments
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.

Raintree Apartments

1368 Elm Ave

580 Bookcliff Ave

1302 Glenwood Ave

1741 Ouray Ave

1741 Ouray Ave

1281 Bookcliff Ave
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.
Elmwood Plaza, Grand Junction, CO Local Guide

How much does it cost to rent an apartment in Elmwood Plaza?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elmwood Plaza 1 Bedroom Apartments | $979 | $795 | $1,169 |
| Elmwood Plaza 2 Bedroom Apartments | $1,513 | $800 | $1,700 |
| Elmwood Plaza 3 Bedroom Apartments | $1,918 | $1,595 | $2,285 |
| Elmwood Plaza 4 Bedroom Apartments | $2,550 | $2,500 | $2,600 |
Browse Apartments in this Neighborhood
There are currently 26 rentals with your search options within a 1 mile radius of the Elmwood Plaza Neighborhood of Grand Junction, CO.
See all Apartments in Grand JunctionExplore Grand Junction
Cheapest Available Elmwood Plaza Apartments for Rent
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Monument Studios | Large Studio | 1BR,1BA | $595 |
| Peppermill Lofts | 2x1 900 SF | 2BR,1BA | $1,650 |
Best Value Apartments for Rent in Elmwood Plaza, CO
As of June 20, 2026 the best value apartment in the Elmwood Plaza area is the $1.84 price per square foot 2x1 895 Model at Peppermill Lofts in the in the Horizon neighborhood starting from $1,650. The second greatest value Elmwood Plaza apartment is the 1510 Glenwood Ave Model at 1510 Glenwood Ave, Unit 120 C starting at $860 with a $1.55 price per square foot in the Central Grand Junction neighborhood. Here is today’s list of the best values for Elmwood Plaza apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Peppermill Lofts | 2x1 895 | 2BR,1BA | $1.84 |
| 1510 Glenwood Ave, Unit 120 C | 1510 Glenwood Ave | 1BR,1BA | $1.55 |
| Monument Studios | Large Studio | 1BR,1BA | $1.65 |
Frequently Asked Questions about Cheap Elmwood Plaza Apartments
How much is rent for a Cheap One Bedroom Elmwood Plaza Apartment?
The lowest price for a Cheap One Bedroom Elmwood Plaza Apartment is $595 at Monument Studios.
What is the lowest price for a Cheap Two Bedroom Elmwood Plaza Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Elmwood Plaza is starting from $1,650 at Peppermill Lofts.
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.