
Cheap Apartments for Rent in the Prospect Park Neighborhood of Grand Junction, CO from $520 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in the Prospect Park area of Grand Junction.


425 N 17th St, Unit B-1

1505 N 20th St, Unit A-2

2233 Hall Ave, Unit A - 1

1023 Teller Ave

333 North Ave

2400 North Ave

Summit View Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

400 1/2 Ouray Ave

1302 Glenwood Ave

1102 Belford Ave

1102 Belford Ave

1426 N 15th St, Unit 1426

1311 N 16th St

1311 N 16th St

1615 N 20th St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

1615 N 20th St, Unit A

Aladdin Apartments

Monument Studios

1060 Grand Ave

816 Grand Ave

Villa West Apartments

Belford Apartments

Park East Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Las Casas Apartments

1225 N 23rd St

1626 Rood Avenue

Midtown Apartments

Aspen Leaf Place

Heather Ridge Apartments

Raintree Apartments

1231 N. 23rd ST
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

1741 Ouray Ave

1741 Ouray Ave

910 Rood Ave

1362 Elm Ave

1424 N 22nd St

611 Belford Ave

N 21st St 1300 - Chateau

1425 Bunting Ave
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.

2131 N 9th Street

1240-1254 Elm Ave

2150 College Pl
Prospect Park, Grand Junction, CO Local Guide

How much does it cost to rent an apartment in Prospect Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Prospect Park 1 Bedroom Apartments | $1,136 | $840 | $1,500 |
| Prospect Park 2 Bedroom Apartments | $1,250 | $800 | $1,500 |
| Prospect Park 3 Bedroom Apartments | $1,792 | $1,550 | $2,285 |
| Prospect Park 4 Bedroom Apartments | $2,050 | $1,700 | $2,400 |
Browse Apartments in this Neighborhood
There are currently 40 rentals with your search options within a 1 mile radius of the Prospect Park Neighborhood of Grand Junction, CO.
See all Apartments in Grand JunctionExplore Grand Junction
Cheapest Available Prospect Park Apartments for Rent
 The cheapest available apartment rental in the Prospect Park area of Grand Junction, CO is a 1 Bed unit found at Monument Studios priced from $795. Summit View Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. Here are the most affordable Prospect Park apartments for rent in Grand Junction, CO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Monument Studios | Large Studio | 1BR,1BA | $795 |
| Summit View Apartments | 1 Bed, 1 Bath | 1BR,1BA | $1,150 |
| 1231 N. 23rd ST | 0BR/1.0BA | Studio,1BA | $1,150 |
| Eddy | B3 | 2BR,2BA | $1,774 |
Best Value Apartments for Rent in Prospect Park, CO
As of August 25, 2026 the best value apartment in the Prospect Park area is the $1.61 price per square foot 1522 Hall Ave Model at 1522 Hall Ave, Unit 1522 Hall Ave Unit B in the in the Central Grand Junction neighborhood starting from $1,700. The second greatest value Prospect Park apartment is the 1522 Hall Ave Model at 1522 Hall Ave, Unit B starting at $1,700 with a $1.61 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1522 Hall Ave, Unit 1522 Hall Ave Unit B | 1522 Hall Ave | 3BR,1BA | $1.61 |
| 1522 Hall Ave, Unit B | 1522 Hall Ave | 3BR,1BA | $1.61 |
| Eddy | B3 | 2BR,2BA | $1.81 |
| Summit View Apartments | 2 Bedroom 1 Bath - 83336 | 2BR,1BA | $1.80 |
| 1231 N. 23rd ST | 0BR/1.0BA | Studio ,1BA | $1.69 |
| Monument Studios | 1bed 1 bath | 1BR,1BA | $3.60 |
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 $795 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 Apartments.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.