
Cheap Apartments for Rent in the Elmwood Plaza Neighborhood of Grand Junction, CO from $500 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Elmwood Plaza area of Grand Junction.


Total Monthly Price
1140 Walnut Ave, Unit #21

Mesa Ridge Apartments

337 N 7th St

950 Northern Way

Aladdin Apartments

1043 North 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

1626 Rood Avenue

Park East Apartments

Belford Apartments

Aspen Leaf Place

Raintree Apartments

Heather Ridge 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.

Four Point Hall

Midtown Apartments

Arbor Vista

Arlington Pointe

Nellie Bechtel Senior Apartments

Arabian Apartments

Greenhouse Apartments
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.
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 | $1,500 | $1,500 | $1,500 |
| Elmwood Plaza 2 Bedroom Apartments | $1,371 | $800 | $1,650 |
Browse Apartments in this Neighborhood
There are currently 21 rentals with your search options within a 1 mile radius of the Elmwood Plaza Neighborhood of Grand Junction, CO.
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Cheapest Available Elmwood Plaza Apartments for Rent
 The cheapest available apartment rental in the Elmwood Plaza area of Grand Junction, CO is a Studio unit found at Monument Studios priced from $795. Available Now! has the second lowest priced unit, which is a 2 Beds apartment currently listed from $800. Here are the most affordable Elmwood Plaza apartments for rent in Grand Junction, CO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Monument Studios | Large Studio | Studio,1BA | $795 |
| Available Now! | 2BR/1.0BA | 2BR,1BA | $800 |
| Peppermill Lofts | 2x1 900 SF | 2BR,1BA | $1,650 |
Best Value Apartments for Rent in Elmwood Plaza, CO
As of March 21, 2026 the best value apartment in the Elmwood Plaza area is the $1.83 price per square foot 2x1 900 SF Model at Peppermill Lofts in the in the Horizon neighborhood starting from $1,650. The second greatest value Elmwood Plaza apartment is the Large Studio w/ Backyard Model at Monument Studios starting at $1,095 with a $3.04 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 900 SF | 2BR,1BA | $1.83 |
| Monument Studios | Large Studio w/ Backyard | 1BR,1BA | $3.04 |
| 1023 Teller Ave | 2BR/1.0BA | 2BR,1BA | $8.89 |
Frequently Asked Questions about Cheap Elmwood Plaza Apartments
What types of apartments are the cheapest in Elmwood Plaza?
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 2 regular apartments in Elmwood Plaza that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.