
Cheap Apartments for Rent in the Historic Downtown Grand Junction Neighborhood of Grand Junction, CO from $500 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the Historic Downtown Grand Junction area of Grand Junction.

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.
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.
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.
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 | $1,515 | $1,473 | $1,593 |
Historic Downtown Grand Junction 1 Bedroom Apartments | $1,452 | $595 | $1,936 |
Historic Downtown Grand Junction 2 Bedroom Apartments | $1,871 | $1,250 | $2,373 |
Historic Downtown Grand Junction 3 Bedroom Apartments | $1,850 | $1,300 | $2,400 |
Browse Apartments in this Neighborhood
There are currently 19 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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Historic Downtown Grand Junction, Grand Junction, CO Local Guide
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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. 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Monument Studios | Large Studio | Studio,1BA | $795 |
Summit View Terrace | 2BR/1.0BA | 2BR,1BA | $1,425 |
1240-1254 Elm Avenue | 2BR/1.0BA | 2BR,1BA | $1,450 |
The Junction | Trailhead- 0BR/1BA | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
2539 Grand Ave, Unit 1 | 2539 Grand Ave | 2BR,1BA | $1.25 |
Summit View Terrace | 2BR/1.0BA | 2BR,1BA | $1.68 |
1240-1254 Elm Avenue | 2BR/1.0BA | 2BR,1BA | $2.16 |
1510 Glenwood Ave, Unit 120 C | 1510 Glenwood Ave | 1BR,1BA | $1.61 |
The Junction | Jackalope- 0BR/1BA | Studio ,1BA | $3.23 |
Monument Studios | Large Studio | Studio ,1BA | $2.21 |
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Pet Friendly LifestyleHistoric Downtown Grand Junction, Grand Junction, CO
Ranked #28
Among cities in Colorado for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Historic Downtown Grand Junction, Grand Junction, CO
Chipeta Elementary School
Grand Junction High School
School data provided by Great Schools
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.

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.