Cheap Apartments for Rent in the Prospect Park Neighborhood of Grand Junction, CO from $500 (22 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Prospect Park 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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950 Northern Way
1 to 2 Bedroom Apartments

950 Northern Way

950 Northern WayGrand Junction, CO 81506
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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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1043 North Ave
3 to 4 Bedroom Apartments

1043 North Ave

1043 North AveGrand Junction, CO 81501
Furnished
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Villa West Apartments
1 Bedroom Apartments

Villa West Apartments

406 N 22nd StGrand Junction, CO 81501
  • Utilities Included

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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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1626 Rood Avenue
1 to 2 Bedroom Apartments

1626 Rood Avenue

1620 Rood AveGrand Junction, CO 81501
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Belford Apartments
1 Bedroom Apartments

Belford Apartments

1029 Belford AveGrand Junction, CO 81501
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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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Aspen Leaf Place
2 Bedroom Apartments

Aspen Leaf Place

960 Bookcliff AveGrand Junction, CO 81501
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Raintree Apartments
1 to 2 Bedroom Apartments

Raintree Apartments

1930 Grand AveGrand Junction, CO 81501
  • Utilities Included

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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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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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Arlington Pointe
2 Bedroom Apartments

Arlington Pointe

1237 Bookcliff AveGrand Junction, CO 81501
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Arbor Vista
Studio Apartments

Arbor Vista

515-520 Court RdGrand Junction, CO 81501

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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.

Cheapest Available Prospect Park Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Monument StudiosLarge StudioStudio,1BA$795
Summit View Terrace1BR/1.0BA1BR,1BA$1,225

Best Value Apartments for Rent in Prospect Park, CO

As of February 27, 2026 the best value apartment in the Prospect Park 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 Prospect Park apartment is the 330 Ouray Ave Model at 330 Ouray Ave, Unit B starting at $950 with a $1.90 price per square foot in the Central Grand Junction neighborhood. Here is today’s list of the best values for Prospect Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Summit View Terrace2BR/1.0BA2BR,1BA$1.64
330 Ouray Ave, Unit B330 Ouray Ave1BR,1BA$1.90
Monument StudiosLarge Studio w/ Backyard1BR,1BA$3.04

Frequently Asked Questions about Cheap Prospect Park Apartments

How much is rent for a Cheap One Bedroom Prospect Park Apartment?

The lowest price for a Cheap One Bedroom Prospect Park Apartment is $1,095 at Monument Studios.

What is the lowest price for a Cheap Two Bedroom Prospect Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Prospect Park is starting from $1,395 at Summit View Terrace.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

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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.