
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.

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.
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

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 | $1,455 | $1,420 | $1,530 |
| Historic Downtown Grand Junction 1 Bedroom Apartments | $1,375 | $595 | $1,870 |
| Historic Downtown Grand Junction 2 Bedroom Apartments | $1,994 | $1,395 | $2,325 |
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.
See all Apartments in Grand JunctionExplore Grand Junction
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. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Monument Studios | Large Studio | Studio,1BA | $795 |
| The Junction | Jackalope- 0BR/1BA | Studio,1BA | $1,395 |
| Summit View Terrace | 2BR/1.0BA | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Summit View Terrace | 2BR/1.0BA | 2BR,1BA | $1.64 |
| 212 Teller Ave, Unit Basement | 212 Teller Ave | 1BR,1BA | $2.00 |
| 907 Rood Ave, Unit Rood Ave Upstairs | 907 Rood Ave | 1BR,1BA | $1.60 |
| The Junction | Ute- 0BR/1BA | Studio ,1BA | $3.08 |
| Monument Studios | Large Studio w/ Backyard | 1BR,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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Pet Friendly LifestyleHistoric Downtown Grand Junction, Grand Junction, CO
Ranked #22
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 $1,395.
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

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.

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.

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.

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

















