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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Mesa Ridge Apartments
1 Bedroom Apartments

Mesa Ridge Apartments

1306 N 25th StGrand Junction, CO 81501
  • Utilities Included
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337 N 7th St
Studio Apartments

337 N 7th St

337 N 7th StGrand Junction, CO 81501
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Aladdin Apartments
1 to 2 Bedroom Apartments

Aladdin Apartments

430-450 Chipeta AveGrand Junction, CO 81501
  • Utilities Included
  • Smoke Free
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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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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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Las Casas Apartments
1 to 3 Bedroom Apartments

Las Casas Apartments

330 Glenwood AveGrand Junction, CO 81501
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Villa West Apartments
1 Bedroom Apartments

Villa West Apartments

406 N 22nd StGrand 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
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Belford Apartments
1 Bedroom Apartments

Belford Apartments

1029 Belford AveGrand Junction, CO 81501
  • Utilities Included

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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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
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Midtown Apartments
1 to 3 Bedroom Apartments

Midtown Apartments

1030 Teller AveGrand Junction, CO 81501
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Arabian Apartments
1 to 2 Bedroom Apartments

Arabian Apartments

445 Chipeta AveGrand Junction, CO 81501
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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.

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. The Junction has the second lowest priced unit, which is a Studio apartment currently listed from $1,395. 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
The JunctionJackalope- 0BR/1BAStudio,1BA$1,395
Summit View Terrace2BR/1.0BA2BR,1BA$1,395

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

As of December 25, 2025 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 212 Teller Ave Model at 212 Teller Ave, Unit Basement starting at $1,400 with a $2.00 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.
Summit View Terrace2BR/1.0BA2BR,1BA$1.64
212 Teller Ave, Unit Basement212 Teller Ave1BR,1BA$2.00
907 Rood Ave, Unit Rood Ave Upstairs907 Rood Ave1BR,1BA$1.60
The JunctionUte- 0BR/1BAStudio ,1BA$3.08
Monument StudiosLarge Studio w/ Backyard1BR,1BA$2.76

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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

Ranked #22

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 $1,395.

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 $995, while the average apartment in Historic Downtown Grand Junction costs $2,065.

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

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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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!