Cheap Apartments for Rent in the Historic Downtown Grand Junction Neighborhood of Grand Junction, CO from $500 (19 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Historic Downtown Grand Junction area of Grand Junction.

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Villa West Apartments
1 Bedroom Apartments

Villa West Apartments

406 N 22nd StGrand Junction, CO 81501
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Las Casas Apartments
1 to 3 Bedroom Apartments

Las Casas Apartments

330 Glenwood AveGrand Junction, CO 81501
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1626 Rood Avenue
1 to 2 Bedroom Apartments

1626 Rood Avenue

1620 Rood AveGrand Junction, CO 81501
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Struthers Residences
Studio to 2 Bedroom Apartments

Struthers Residences

805 Struthers AveGrand Junction, CO 81501

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.

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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 to 2 Bedroom Apartments

Park East Apartments

2344-2355 Teller CtGrand Junction, CO 81501
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Raintree Apartments
1 to 2 Bedroom Apartments

Raintree Apartments

1930 Grand AveGrand Junction, CO 81501
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Grandview Apartments
1 Bedroom Apartments

Grandview Apartments

1501 N 1st StGrand Junction, CO 81501
Senior Living
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Four Point Hall
1 to 3 Bedroom Apartments

Four Point Hall

1222 Elm AveGrand Junction, CO 81501
  • Utilities Included

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.

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Mesa Ridge Apartments
1 Bedroom Apartments

Mesa Ridge Apartments

1306 N 25th StGrand 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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337 N 7th St
Studio Apartments

337 N 7th St

337 N 7th StGrand Junction, CO 81501

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.

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Arabian Apartments
1 to 2 Bedroom Apartments

Arabian Apartments

445 Chipeta AveGrand Junction, CO 81501
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1115 Ute Ave
1 Bedroom Apartments

1115 Ute Ave

1115 Ute AveGrand Junction, CO 81501
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1043 North Ave
3 to 4 Bedroom Apartments

1043 North Ave

1043 North AveGrand Junction, CO 81501
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Historic Downtown Grand Junction, Grand Junction, CO Local Guide

Cheapest Available Historic Downtown Grand Junction Apartments for Rent

 

The cheapest available apartment rental in the Historic Downtown Grand Junction area of Grand Junction, CO is a Studio unit found at Monument Studios priced from $795. Summit View Terrace has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,425. Here are the most affordable Historic Downtown Grand Junction apartments for rent in Grand Junction, CO:

Apartment ListingModel NameBed/BathPriced From
Monument StudiosLarge StudioStudio,1BA$795
Summit View Terrace2BR/1.0BA2BR,1BA$1,425
1240-1254 Elm Avenue2BR/1.0BA2BR,1BA$1,450
The JunctionTrailhead- 0BR/1BAStudio,1BA$1,482

Best Value Apartments for Rent in Historic Downtown Grand Junction, CO

As of September 21, 2025 the best value apartment in the Historic Downtown Grand Junction area is the $1.25 price per square foot 2539 Grand Ave Model at 2539 Grand Ave, Unit 1 in the in the Historic Downtown Grand Junction neighborhood starting from $1,250. The second greatest value Historic Downtown Grand Junction apartment is the 2BR/1.0BA Model at Summit View Terrace starting at $1,425 with a $1.68 price per square foot in the Central Grand Junction neighborhood. Here is today’s list of the best values for Historic Downtown Grand Junction apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2539 Grand Ave, Unit 12539 Grand Ave2BR,1BA$1.25
Summit View Terrace2BR/1.0BA2BR,1BA$1.68
1240-1254 Elm Avenue2BR/1.0BA2BR,1BA$2.16
1510 Glenwood Ave, Unit 120 C1510 Glenwood Ave1BR,1BA$1.61
The JunctionJackalope- 0BR/1BAStudio ,1BA$3.23
Monument StudiosLarge StudioStudio ,1BA$2.21

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Historic Downtown Grand Junction, Grand Junction, CO

Ranked #28

Among cities in Colorado for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Historic Downtown Grand Junction Apartments

What is a cheap apartment in Historic Downtown Grand Junction?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Historic Downtown Grand Junction is under $1,482.

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

The cheapest apartment in Historic Downtown Grand Junction is The Junction which is listed at $1,815, while the average apartment in Historic Downtown Grand Junction costs $2,000.

What types of apartments are the cheapest in Historic Downtown 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 7 regular apartments in Historic Downtown 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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.