Cheap Apartments for Rent in the Historic Downtown Grand Junction Neighborhood of Grand Junction, CO from $700 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Historic Downtown Grand Junction area of Grand Junction.
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 | $1,522 | $1,473 | $1,593 |
Historic Downtown Grand Junction 1 Bedroom Apartments | $1,483 | $799 | $1,936 |
Historic Downtown Grand Junction 2 Bedroom Apartments | $1,844 | $1,200 | $2,373 |
Historic Downtown Grand Junction 3 Bedroom Apartments | $2,400 | $2,400 | $2,400 |
Browse Apartments in this Neighborhood
There are currently 13 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
 Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Summit View Terrace | 1BR/1.0BA | 1BR,1BA | $1,195 |
The Junction | Jackalope- 0BR/1BA | Studio,1BA | $1,473 |
Best Value Apartments for Rent in Historic Downtown Grand Junction, CO
As of June 25, 2025 the best value apartment in the Historic Downtown Grand Junction area is the $1.71 price per square foot 1BR/1.0BA Model at Summit View Terrace in the in the Central Grand Junction neighborhood starting from $1,195. The second greatest value Historic Downtown Grand Junction apartment is the Jackalope- 0BR/1BA Model at The Junction starting at $1,473 with a $3.19 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 | 1BR/1.0BA | 1BR,1BA | $1.71 |
The Junction | Jackalope- 0BR/1BA | Studio ,1BA | $3.19 |
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.
Pet Friendly LifestyleHistoric Downtown Grand Junction, Grand Junction, CO
Ranked #18
Among neighborhoods in Grand Junction, CO 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 $1,473.
What is the price of a cheap apartment in Historic Downtown Grand Junction?
The cheapest apartment in Historic Downtown Grand Junction is Summit View Terrace which is listed at $1,195, while the average apartment in Historic Downtown Grand Junction costs $2,500.
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 6 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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.