
Cheap Apartments for Rent in the Historic Downtown Grand Junction Neighborhood of Grand Junction, CO from $500 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the Historic Downtown Grand Junction area of Grand Junction.


337 N 7th St

Aladdin Apartments

1115 Ute Ave

1043 North Ave

Las Casas Apartments
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Villa West Apartments

1626 Rood Avenue

Struthers Residences

The Eddy Apartments

Belford Apartments

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Raintree Apartments

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Arabian Apartments

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Historic Downtown Grand Junction, Grand Junction, CO Local Guide

How much does it cost to rent an apartment in Historic Downtown Grand Junction?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Historic Downtown Grand Junction Studio Apartments | $1,410 | $1,355 | $1,565 |
| Historic Downtown Grand Junction 1 Bedroom Apartments | $1,521 | $799 | $1,870 |
| Historic Downtown Grand Junction 2 Bedroom Apartments | $1,860 | $1,200 | $2,325 |
Browse Apartments in this Neighborhood
There are currently 18 rentals with your search options within a 1 mile radius of the Historic Downtown Grand Junction Neighborhood of Grand Junction, CO.
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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. The Junction has the second lowest priced unit, which is a Studio apartment currently listed from $1,315. Here are the most affordable Historic Downtown Grand Junction apartments for rent in Grand Junction, CO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Monument Studios | Large Studio | Studio,1BA | $795 |
| The Junction | Trailhead- 0BR/1BA | Studio,1BA | $1,315 |
| Summit View Terrace | 2BR/1.0BA | 2BR,1BA | $1,395 |
Best Value Apartments for Rent in Historic Downtown Grand Junction, CO
As of February 13, 2026 the best value apartment in the Historic Downtown Grand Junction area is the $1.64 price per square foot 2BR/1.0BA Model at Summit View Terrace in the in the Central Grand Junction neighborhood starting from $1,395. The second greatest value Historic Downtown Grand Junction apartment is the 125 N 17th St Model at 125 N 17th St, Unit A starting at $1,500 with a $2.31 price per square foot in the Historic Downtown 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Summit View Terrace | 2BR/1.0BA | 2BR,1BA | $1.64 |
| 125 N 17th St, Unit A | 125 N 17th St | 1BR,1BA | $2.31 |
| The Junction | Jackalope- 0BR/1BA | Studio ,1BA | $2.97 |
| Monument Studios | Large Studio w/ Backyard | 1BR,1BA | $3.04 |
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 $1,395.
What is the price of a cheap apartment in Historic Downtown Grand Junction?
The cheapest apartment in Historic Downtown Grand Junction is Monument Studios which is listed at $1,095, while the average apartment in Historic Downtown Grand Junction costs $2,060.
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 12 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
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.